earnings

Bad LG phone sales figures are good for Android

Bad LG phone sales figures are good for Android

LG's mobile division reported a loss of over $700 million USD in the whole of the year 2018 - but that might not be a bad thing. LG is set up in a way in which they can lose money in one division and still make enough money in another to make up the difference. And that's just what they've done, with record revenue numbers overall - a whopping $54.4 billion for the year 2018. Here's why that's good for you, the smartphone user.

Continue Reading

Apple’s Q1 iPhone sales VS Samsung: Guess who’s winning?

Apple’s Q1 iPhone sales VS Samsung: Guess who’s winning?

Net sales for Apple in their reported Q1 earnings this afternoon showed the iPhone at odds with the rest of the company. Mac, iPad, and Services net sales were up compared to this same quarter one year ago. The category called "Wearables, Home, and Accessories" also rose in net sales year-over-year. The iPhone category was the only category where net sales did not rise.

Continue Reading

FCC’s Net Neutrality kill didn’t increase broadband investment

FCC’s Net Neutrality kill didn’t increase broadband investment

There's good news and there's bad news when it comes to the fallout after the FCC's kill of Net Neutrality. We expected the worst - that internet providers would start making companies pay for fast lanes and that lower-class content would get caught behind throttled speed internet. That didn't happen - or at least it didn't happen to the degree to which we were worried, yet. The bad new is that none of the GOOD stuff the FCC promised has happened.

Continue Reading

Apple admits lower iPhone sales will hurt Q1 2019

Apple admits lower iPhone sales will hurt Q1 2019

Apple announced a lower-than-expected guidance for the upcoming quarterly report. This isn't unprecedented, but it might come as a bit of a shock to those investors that've seen quarter after quarter of big iPhone sales and revenue aplenty across the board for the company. Apple released a brief report today that showed expectations of revenue at $84 billion with a gross margin of approximately 38 percent.

Continue Reading

NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA earnings sign death knell for Bitcoin farming

NVIDIA Q2 earnings today reported the complete wipe-out of expected earnings from cryptocurrency-specific products in the future. This comes after this Q2's expected earnings in crypto hardware were $100m for the company, but turned out to be just $18m. As NVIDIA's statement suggests, "Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward."

Continue Reading

iPhone and iPad unit sales plateau again in Apple Q3 2018

iPhone and iPad unit sales plateau again in Apple Q3 2018

In Apple's Q3 2018 earnings report, the company revealed that unit sales of both the iPad and the iPhone were almost identical to last year at this time. Sequentially, iPhone sales revenue and unit sales took a real dip - which is pretty standard for this time of year. Let's compare this quarter's hardware sales data to last year's at this time and see what we make of it.

Continue Reading

Tim Cook: iPhone X pricing, strategy here to stay [UPDATE]

Tim Cook: iPhone X pricing, strategy here to stay [UPDATE]

This is the first time since the iPhone line was split into two devices that the more expensive unit sold more than the lesser. That's what Apple CEO Tim Cook suggested during Apple's fiscal Q2 financial results call this afternoon. Cook responded to a question of the current Apple strategy of releasing three phones at once - specifically on the iPhone X and it's starting price of $999 USD. Tim Cook said he couldn't be prouder of the work they'd done and the way they've done business in the quarter at hand - and the one before that, too.

Continue Reading

Sony earnings: PS4 booming, Mobile not so much

Sony earnings: PS4 booming, Mobile not so much

Sony's earnings report for the year 2017 suggested they'd sold a whopper of an amount of units of their current gaming console, PlayStation 4. After selling 76 million+ PlayStation 3 units over the product's lifetime, Sony's on track to sell that many by the end of the current financial year. That's no small feat - but it's still a while away from the greatest selling home console of all time - PlayStation 2.

Continue Reading

Apple Earnings Q3: $APPL up as all product revenue grows

Apple Earnings Q3: $APPL up as all product revenue grows

Apple's latest earnings call says that Services Revenue is the big winner for the quarter - while the rest is up for the third quarter in a row. That includes quarterly revenue of $45.4 billion compared to this same quarter one year ago at a revenue of $42.4 billion. "With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services revenue," said Apple CEO Tim Cook.

Continue Reading

LG G6 sales aren’t doing it for the company

LG G6 sales aren’t doing it for the company

The LG G5 was an utter flop last year. But if LG was hoping the G6 would be its salvation, better luck next time. The Korean giant has just released its second quarter financials and, while it’s doing OK over all, its mobile division isn’t turning out to be so healthy. LG says that its mobile business basically saw no change compared to second quarter of 2016. And that’s all due to the “weaker than expected” sales of premium smartphones, a.k.a. the LG G6.

Continue Reading

HTC sees glimmer of hope in 7th consecutive losing quarter

HTC sees glimmer of hope in 7th consecutive losing quarter

HTC's latest financial report for the three months ending on December 31st, 2016 show the company in flux. The first several financial highlights the company made in this call were of positive revenue but an operating loss and a net loss after tax. Revenue for this quarter sits at NT$22.2 billion with a gross margin of 10.5%, while HTC's quarterly operating loss was a cool NT$3.6 billion with an operating margin of negative 16%.

Continue Reading

Fitbit could be laying off as much as 10% of its crew

Fitbit could be laying off as much as 10% of its crew

Not so long ago, Fitbit, whose name has almost become synonymous with fitness trackers, purchased smartwatch darling Pebble, and, in the process, killed the latter’s smartwatches. Shortly after that, it purchased Vector Watch, another smartwatch maker startup. If you thought those purchases were signs of a strong company ready to gobble up competition and fresh blood, Fitbit’s Q4 earnings call might prove otherwise. According to The Information, the company actually had a very bad quarter and, as a consequences, could be letting go of some of its employees.

Continue Reading

1 2 3 4 Next