quarterly earnings

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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Dismal Samsung Q2 numbers forces Galaxy S6 price cut

Dismal Samsung Q2 numbers forces Galaxy S6 price cut

It's one thing for a product to be highly popular and another thing for that popularity to translate into profits. That was the case back then with the HTC One (M7 and M8) and is now the case with Samsung's Galaxy S6 and S6 edge duo. The Korea manufacturer has just released its second quarter financials and, while the company did see some increase in numbers, it was only ever so slight. Plus, the Galaxy S6 flagship, hoped to be its savior, turned out to be almost a dud.

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Nintendo sees surprise profit: has Splatoon, 3DS, amiibo to thank

Nintendo sees surprise profit: has Splatoon, 3DS, amiibo to thank

Nintendo detailed its latest quarterly financial details today, revealing a surprise upswing in revenue as quarterly sales increased more than 20-percent and net profit hit 8.28 billion yen (versus last year’s 9.9 billion yen loss for the same quarter). Nintendo largely has a combination of weaker yen and a sharp rise in new game sales to thank, the latter of which was led by the widespread success of Splatoon. As expected, amiibo — which gained several new figures over the past couple months — also helped the video game company.

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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 Watch sales broken down by shipments, units, and revenue

Apple Watch sales broken down by shipments, units, and revenue

Today we're breaking down all the information available to us on sales of the Apple Watch in the first quarter it's been on the market. While we can pinpoint the exact in-store date and pre-order dates for the device, these dates are irrelevant. Apple and Strategy Analytics have already given us all the information we need to get a basic assessment of the number of units sold as well as a basic outline of how much revenue Apple likely makes per Apple Watch sold.

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Microsoft suffered big financial blow last quarter

Microsoft suffered big financial blow last quarter

Following Apple's recent report, Microsoft has dropped details on its own most recent financial quarter, and it doesn't bring good news: the company had its worst quarterly results ever, something partly attributed to its Nokia happenings and a continually downturned PC market. The company saw a quarterly revenue drop of 5.1-percent, with it raking in $22.18 billion (compared to last year’s $23.38 billion). The company saw a decrease in Office sales despite a slight growth, as well as a drop in Windows volume licensing and Windows OEM revenue.

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