quarterly earnings

Facebook saw big advertising, mobile increases in Q1 2016

Facebook saw big advertising, mobile increases in Q1 2016

Facebook’s first quarter 2016 financial report is in, and the numbers are fantastic across the board. In the quarter ending on March 31, Facebook saw its year-on-year total revenue increase 52-percent, hitting $5.3 billion in comparison to the same quarter last year ($3.5 billion). “We had a great start to the year,” Zuckerberg said in a statement. “We’re focused on our 10 year roadmap to give everyone in the world the power to share anything they want with anyone."

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Down, down, down: iPhone, iPad and Mac sales all dive in Q2 2016

Down, down, down: iPhone, iPad and Mac sales all dive in Q2 2016

This afternoon Apple reported their financial Q2 2016 earnings report for investors, and with it, falling sales in devices of all sorts. It's not as if this is the worst quarter Apple has ever had - far from it. Instead, it would appear that Apple's device sales have reached a saturation point. Many consumers that would be buying an iPhone, iPad, or Mac have already got one. As such, even Apple's astronomical sales numbers don't seem as spectacular as they have in the past.

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Twitter users tank in Q4 earnings call

Twitter users tank in Q4 earnings call

In an earnings call this afternoon, Twitter reported a 2-million active user decline over the past three months. This is at odds with what the company had projected: just the opposite, a 2-million active user increase. Twitter has also made an effort to show that this quarter (their financial Q4) showed a "strong" business side, with continued strength in advertising business, especially in video ads and "across major verticals, channels, and geographies."

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Surface is finally working for Microsoft

Surface is finally working for Microsoft

Microsoft's fiscal year 2016 Q2 earnings aren't looking so hot unless you know where to look: right at Surface. Windows OEM Pro revenue growth is down 6% year-over-year, one percentage point better than the first quarter, but still down compared to one year ago this quarter. Windows OEM non-Pro revenue growth is down 3% year-over year, while Windows volume licensing revenue growth is down 4% year-over-year. Search Advertising Revenue, Xbox Live active users, and Surface revenue are all on the rise.

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Samsung earnings continue to fall, looks to IoT for help

Samsung earnings continue to fall, looks to IoT for help

Companies are starting to reveal their financial performance for the last quarter and the whole year of 2015 and, in general, things are taking a slightly negative trend, even for the likes of Apple. Unsurprisingly, Samsung's story isn't any better and its profits continue to slide. This time, however, its semiconductor business, as well as the foreign exchange status of the Korean Won, which it has traditionally relied on, wasn't enough to save it. So this time around, it is looking to a new market segment, the Smart Home and Smart Health market, for hope.

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LG to have 2 smartphone flagships to face challenging 2016

LG to have 2 smartphone flagships to face challenging 2016

Korean manufacturing giant LG has just revealed its financial performance for the last quarter of 2015. All in all, the company was happy to tell a mostly positive story, with an operating profit of 349 billion KRW, roughly $301.4 million), which is an impressive 27% increase from the previous quarter of that year. However, like its fierce rival Samsung, much of that profit came from businesses other than its mobile devices. Expecting rough seas ahead, LG is said to release two flagship smartphones this year to try and offset whatever sales problems it might encounter in 2016.

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Apple’s Q1 2016 revenue grows while Mac sales slow

Apple’s Q1 2016 revenue grows while Mac sales slow

This afternoon Apple reported their financial Q1 2016 earnings with a cool $29.3 billion in revenue in the Americas and a total of $75.9 billion worldwide. This is up 47% sequentially and up 2% year-over-year, while guidance from the company last quarter suggested they'd be "$75.5 billion and $77.5 billion" - so they're right on the money. This overarching revenue story is told by iPhone sales, primarily, and iPad, Mac, and Services revenue to a slightly lesser degree.

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Apple reports slowest iPhone sales growth since dawn of device

Apple reports slowest iPhone sales growth since dawn of device

Apple reported quarterly revenue of $75.9 billion as well as quarterly net profit of $18.4 billion. Apple suggested today that they'd sold a cool 74.8 million iPhones in this fiscal 1st quarter, up just 1 percent from the amount of iPhones sold this same quarter just one year ago. While this could be accounted for by the launch of the iPhone 6 as a "tick" year, and the iPhone 6s as a "tock", this is the slowest growth the company has seen for iPhone sales since the device line originally launched.

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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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$11.1bn Apple profits as iPhone and China sales soar

$11.1bn Apple profits as iPhone and China sales soar

Apple has announced its financial details for Q4 2015, revealing an $11.1 billion quarterly profit on $51.5 billion in revenue. Both numbers are significantly higher than the comparable quarterly results from last year, which topped at $8.5 billion in net profit. Apple largely has the iPhone to thank for its growing profits, with the fourth quarter ushering in record sales. In addition, the Apple Watch’s expanded availability and record Mac sales also played an important role.

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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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