Apple unsurprisingly had a pretty excellent third quarter, announcing today that total revenues for the quarter topped $35.0 billion with a net profit of $8.8 billion. Both of those figures are up quite a bit from last year, with Apple reporting a revenue of $28.6 billion and a net profit of $7.3 billion for quarter 3 of 2011. Hardware sales were up for the most part, lending to Apple's increased revenue and net profit from the year before.
Read The Full Story
- Acer Aspire R7 Hands-on: Spock’s Choice
- Verizon Samsung GALAXY S 4 Unboxing and Hands-on
- Google Glass gains ClockworkMod Recovery for future hacks: have a peek!
- Solar Impulse: interviewing a man on an 18-hour solar-powered flight
- Chrome 27 brings desktop features to Android, we go hands-on
- Verizon invites Jennifer Lopez on stage for Viva Movil team-up
- Google Glass team talks hardware principles: Lightness, Simplicity, Scalability
‘quarterly earnings’ Stories
Apple earnings lead off with 17 million iPads sold
Apple declares new giant stock dividend for Q3
This week Apple’s earnings call started off with a bang with great news for investors in the blockbuster company – dividends for all common stock. Apple’s Board of Directors declared no less than a dividend of $2.65 USD per share on all of the Company’s common stock, payable later this year to all stockholders. This is not the first time Apple has made cash payouts to their loyal stockholders, and we expect that it will not be the last.
Apple earnings set for this week with blockbuster revenue
With Apple's next quarterly earnings report set for tomorrow, analysts across the board are dropping their best guesses on how the hardware giant has done this Spring. It should be obvious that Apple will very likely report record iPad sales, but a resounding "maybe" has been heard in regards to whether or not iPhone sales will have had the same effect they did the quarter before this one. With the next generation iPhone sitting in a very possible late 2012 launch period, users may very well be waiting it out rather than picking up the most recent generation.
Read The Full Story
Google Q2 2012: “mobile is where search was in 1999″
During Google's quarterly earnings call this week for their financial second quarter, the company's Senior Vice President and Chief Business Officer Nikesh Arora spoke up on how big the mobile environment is in 2012. Responding to a question on mobile advertising trends and their very near future, Arora noted that Google has been seeing no less than "phenomenal" growth in both the tablet and the smartphone space for advertising and beyond. He also noted that in terms of accelerating their plans for working with users for content acquisition on mobile device, they've made "tremendous" headway with the Nexus 7.
Read The Full Story
Microsoft shows first public loss ever in financial Q4 2012
It’s a bittersweet day for Microsoft as their financial fourth quarter is being announced today as having both a $192 million dollar operating income before taxes and a loss of $492 million after a company writedown. This writedown is being attributed to a failed investment in the advertisement company aQuantive, purchased by Microsoft in 2007 and since eclipsed by the likes of Google’s adsense online. For the first time ever in its history as a public company, Microsoft is reporting a loss per share.
Google Q2 2012 financial results hit $12+ BILLION in revenue
It’s another massively successful day for Google as they announce their second quarter financial results to investors along with celebrations of both the launch of their first Google-branded tablet and their real pairing with Motorola. Reminding investors that their acquisition of Motorola was finally approved around the world – for real this time – and that the Google Nexus 7 – launched at Google I/O 2012 – was already doing fabulously. In addition, Google announced an undeniably amazing consolidated revenue of $12.21 billion for the quarter.
Qualcomm financial Q3 brings encouraging y-o-y boost
This quarter for Qualcomm has been a great one and a slightly less than excellent one depending on how you look at it, with year-over-year profits and revenues jumping while they've fallen slightly sequentially. They've fallen compared to the second quarter of this year, that is to say, while the third quarter of 2011 compared to this one is making Qualcomm look pretty darn good here in the summer of 2012. This report began with a -6 percent change sequentially in revenues, this also a +28 percent change compared to last year with $4.63 billion in revenues overall.
Read The Full Story
HP Q2 2012 shows $1.6b Earnings
This week HP is showing off their second financial quarter earnings wares with $1.6 billion in GAAP earnings no less than a 27k employee cut restructuring plan. This call includes HP's announcement of a new revenue of $30.7 billion, this a decline of 3 percent year-over-year. HP's earnings of $1.6 billion this quarter compared to last quarter is a massive 31 percent decline - not the news you want to hear if you're an investor, to be sure.
Read The Full Story
HP Autonomy co-founder Mike Lynch replaced
Regardless of his gung-ho attitude at the partner conference that took place recently, it appears that HP's restructuring plan has Autonomy co-founder Mike Lynch's name on its chopping block. To help HP's Autonomy performance, says the company, they'll be replacing Lynch with executive vice president of HP Software Bill Veghte. This move has Mike Lynch, also the executive vice president for Information Management, heading out after a transition period.
Read The Full Story
HP earnings call includes 27k job cuts
This week HP is sending out word that not only are they doing relatively well in the stock market with per-share earnings of 98 cents (over 91 cents projected), they're cutting 27,000 jobs by 2014. According to HP, this is 8% of their total workforce according to - strangely enough - numbers they have from October 31st, 2011. This "restructuring" plan includes a "portion" leaving the company as a part of a voluntary early retirement program "whose combined age and years of service exceed certain levels."
Read The Full Story
Kodak continues downward spiral, posts $366 million loss
Kodak has posted yet another disappointing quarter despite its efforts to cut costs, sell patents, and jettison its unprofitable businesses. For the first quarter of 2012, ending March 31, Kodak reported a $366 million loss with total revenue at $965 million, which is down 27 percent from the same quarter last year.
Read The Full Story
Android revenue revealed for first time ever
This week in Google‘s defense against Oracle the first ever Android revenue numbers have been revealed in court. The information you’re about to see, as Google warns us, is obviously not very new, but does goes us some measure of insight as to how Google worked with their mobile operating system at the time. The first sheet shown this week is an Android Ads Revenue chart which shows that Google at the time made more cash on Google ads on Apple devices than they did in the mobile realm than Android.
REVIEWS
![JH Audio JH16 Pro with Freqphase Custom In-Ear Monitor Review [2013]](http://cdn.slashgear.com/wp-content/uploads/2013/04/P2111170-sg-320x80.jpg)
- POPULAR STORIES THIS WEEK
- Xbox One release date "later this year"
- Verizon HTC One tipped for today's press event [UPDATE: Nope]
- Verizon HTC One Google Edition tipped for summer
- Xbox One vs Xbox 360: What's Changed?
- iOS 7 UI overhaul monochrome, flat, and tipped for iPhone first
- Why Won't Sony Let Us See What the PS4 Looks Like?
- Verizon HTC One tipped for "later" by HTC ROM creator
- Nokia Lumia 928 Review
- RECENT COMMENTS
