earnings

Samsung’s Q3 results are in, lets company breathe a bit

Samsung’s Q3 results are in, lets company breathe a bit

Samsung has just posted its financial numbers for the third quarter in a year and finally the Korean manufacturer has some room to breathe. But probably not for long. Even though the numbers are still small and still somewhat disappointing, consolidated revenues and operating profits have gone up, mostly thanks to its semiconductor and display panel businesses. The bad news, smartphone sales are still lower than hoped. The worse news, Samsung expects that the next quarter, nay the next year, will be even more difficult.

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Microsoft Q3: Bing, cloud biggest winners, phones still down

Microsoft Q3: Bing, cloud biggest winners, phones still down

Microsoft's investments and patience with its products, despite criticisms and contrary suggestions, are probably starting to pay off. The company has released its financial report for the first quarter of the 2016 fiscal year, which ended September 30, 2015 and the numbers are quite the mixed bag. Although Redmond is practically reporting a revenue loss, the company is strangely upbeat about the business. The details do hint at some businesses experiencing a growth surge, with things looking hopeful. That is, except for the poor smartphone.

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Lenovo to lay off 10% of staff, let Motorola lead mobile

Lenovo to lay off 10% of staff, let Motorola lead mobile

It feels only like yesterday that Lenovo was celebrating a revenue jump in 2014. Releasing the figures for the first quarter of 2015, however, things have taken a drastic downward turn. Although the company's quarterly revenue saw a 3 percent increase in year-over-year numbers at $10.7 billion, it missed analyst expectations of an $11.29 billion figure. Worse, its actual net income took a steep dive to $105 million, a 50 percent decline from the same period last year. In short, Lenovo needs to take equally drastic measures.

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Twitter beats earnings expectations by signing up SMS users

Twitter beats earnings expectations by signing up SMS users

Twitter's financial Q2 this year brought the company up just over their revenue expectation range with a cool $502 million in revenue. This put them above a previously forecast revenue range of $470 million to $485 million, with a cool 61% increase in revenue year-over-year. This bodes well for Twitter, whose interim CEO Jack Dorsey suggests that "in order to realize Twitter's full potential, we must improve in three key areas: ensure more disciplined execution, simplify our service to deliver Twitter's value faster, and better communicate that value."

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Apple earnings crush it in China again

Apple earnings crush it in China again

Apple's Q3 2015 earnings report this afternoon suggested that a revenue of $49.6 billion was lead by sales in China and the iPhone. While the Apple Watch was also on the docket, Apple did not reveal any sort of sales numbers on the device. Instead the company suggests that sales of the Apple Watch surpassed their "Other" category, which isn't saying a whole lot. This earnings report was mostly reserved for the 35 percent year over year growth in sales of the iPhone.

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Google says Fiber and Nest are “longer-term sources of revenue”

Google says Fiber and Nest are “longer-term sources of revenue”

This afternoon Google suggested that three of their earlier stage products were under "tight governance." These products were Fiber, Google Life Sciences, and Nest - all products which the company suggested weren't about to be big cash sources for the company any time soon. Meanwhile Google's confidence in mobile was unabated - this Android-based part of their company was doing extraordinarily well, so said both Ruth Porat, Chief Financial Officer for the company, and Omid Kordestani, Chief Business Officer for the company.

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Samsung faces reality, adjusts earnings estimates

Samsung faces reality, adjusts earnings estimates

Sometimes success can be too much of a good thing, leading to perhaps an overestimation of one's capabilities. That may seem to be the case for Samsung, who just posted its earnings guidance for the second quarter of the year. Despite the Galaxy S6 and S6 edge's popularity, the company has failed to rebound, showing yet again disappointing figures. The root cause, it seems, was the Korean manufacturer's mistake in judging demand for its flagship smartphones, leading to loss in sales and surplus in supplies.

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Samsung posts Q1 2015 results, finally looking hopeful

Samsung posts Q1 2015 results, finally looking hopeful

It's that time of year again when companies are handing out their report cards for the first quarter of the year. Considering how Samsung has been having a bit of trouble in that subject, it is interesting to see how well it fared this time around. Although it's not out of the woods yet, the good news for Sammy's fans is that the company's earnings are finally showing some positive numbers and the future looks a little less bleak. But it's not all because of the Galaxy S6.

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Twitter earnings: plenty of upside as stock dives

Twitter earnings: plenty of upside as stock dives

Twitter has announced their quarterly earnings, and it’s a mixed bag. While they’ve got plenty of positive things to say, and the upside is huge, the social service once again lost money. For Q1 2015, Twitter reports they had a net loss of $162 million, but revenue of $436 million, up 74% year-over-year. A positive rise, but ultimately short of their $440-450 million estimate. Through non-GAAP EPS of $0.07 (analysts expected $0.04), Twitter stock dropped hard, and is currently down almost 20%.

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T-Mobile may now be the third largest carrier in the US

T-Mobile may now be the third largest carrier in the US

T-Mobile might just be the third largest carrier in the United States. Their recent earnings report gave interesting insight on the goings-on within T-Mobile, with their customer count being something we’ve been watching grow over time. In Q1 2015, T-Mobile added 1.8 million customers (net additions). With regard to postpaid, T-Mobile added 1.1 million new customers, which is their third straight quarter with over one million new customers, and may possibly position T-Mobile as the third largest carrier in the US.

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T-Mobile has positive Q4 2014, CEO says they’re bigger than Sprint

T-Mobile has positive Q4 2014, CEO says they’re bigger than Sprint

T-Mobile’s Uncarrier approach might be welcome for consumers, but on a corporate level — it’s hit and miss. Quarterly earnings calls from T-Mobile typically result in customer gains, but overall net loss where it counts. In reporting their Q4 2014 results, T-Mobile gave us all reason to once again believe Uncarrier will work, as they’ve announced $101 million net profit. Taking into account their last overly positive quarter, Q2 2014, T-Mobile is in the black for 2014 to the tune of $247 million.

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Reddit giving 10% of 2014 ad revenue to charity

Reddit giving 10% of 2014 ad revenue to charity

When a company reports their earnings, we tend to marvel at the amount they brought in (or didn’t). From there, not much seems to happen, at least in view of the public. Reddit recently announced they pulled in $8.3 million in ad revenue during 2014. That’s interesting enough news, but what they’re doing with it is even more interesting. After their big win, Reddit is paying it forward, and will donate 10% of their ad income to charity. Best of all, you can help decide where the cash goes.

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