earnings

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."

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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.

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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.

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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.

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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.

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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.

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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%.

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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.

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iPhone sales rise sequentially while iPad levels out

iPhone sales rise sequentially while iPad levels out

Apple quarterly earnings for Q4 2016 show the iPhone unit sales rise sequentially and fall year-over-year. In Apple's Q4 of 2015, iPhone unit sales reached over 48 million, while this quarter the company hit 45.5 million in unit sales. This is a 5% change year-over-year in unit sales, while revenue fell 17%. This most recent quarter, Apple's Q3 2016, resulted in 40.4 million in unit sales of the iPhone.

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Galaxy Note 7 will cost Samsung billions up to Q1 2017

Galaxy Note 7 will cost Samsung billions up to Q1 2017

It is, of course, no surprise that the Galaxy Note 7, from its production, recall, and now discontinuation, isn’t going to be cheap for Samsung. But now the company is telling the public just how much that will cost it, at least in terms of profit. Or rather, how long it will suffer the consequences. While the actual effects might be longer lasting, Samsung expects that its operating profits will take a massive hit all the way up to the first quarter of 2017.

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Nintendo’s Q1 earnings report disappoints with Wii U and 3DS sales down

Nintendo’s Q1 earnings report disappoints with Wii U and 3DS sales down

Nintendo has been very hot and cold lately. From the launch of Pokemon GO, which is shaping up to be the most impressive mobile game launch ever and caused Nintendo's stock price to soar, to the inevitable tumble back to Earth as Nintendo tried to temper investor expectations concerning the amount of money it would pull in from the title, Nintendo has been on something of a rollercoaster the past few weeks. The ride isn't over yet, as Nintendo's newest earnings report has hit, and the results for quarter one are disappointing to say the least.

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Lenovo reveals Motorola integration failed expectations

Lenovo reveals Motorola integration failed expectations

Perhaps Motorola's "curse" continues. While many of Motorola's mobile devices, like the iconic RAZR or the Moto X, were well received, the company somewhat failed to become profitable. At least not long enough to stay put. Barely a few years after Google acquired it, Motorola was sold off again, this time to PC giant Lenovo. Now in its full-year fiscal report ending March 2016, the first fiscal year since it acquired Motorola, Lenovo candidly revealed that its integration of the mobile company fell below expectations, resulting in some losses though the general mobile business did grow as a whole.

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