Apple Beats Street in Q4 with $36B in Revenue
Apple just announced its fourth quarter 2012 earnings $8.67 billion versus street estimates of $8.85 billion in revenue. The company also reported $8.8 billion in net profit. Apple said it sold 25.9...
View ArticleSatoru Iwata Confirms Wii U Will Sell at a Loss
Nintendo’s Satoru Iwata announced during an earnings call yesterday that the Wii U will be selling below production cost, though he didn’t go into just how far below cost. Historically, Nintendo has...
View ArticleHTC Revenues Tank 48% in Q3
HTC makes incredible smartphones, so it’s a bit worrisome that the company’s revenues are down so much year-over year. The Taiwanese firm announced on Friday that its revenues for the quarter came in...
View ArticleMetroPCS Revenues Up in Q3; 1M LTE Subscribers
MetroPCS reported its third quarter 2012 earnings on Tuesday. The carrier, which is in acquisition talks with T-Mobile USA, said it now has more than 1 million 4G LTE customers accessing its network....
View ArticleSony Slims Losses in Q2 Thanks to Smartphone Sales
Sony announced its third quarter 2012 earnings on Thursday and the company said it lost $198 million for the three months ending in Sept. That may seem like a pretty poor quarter, but the company...
View ArticleSpotted: $194,000 Lamborghini For Sale Outside Zynga’s SF HQ
It’s sad whenever a company has to ax numerous employees, and that’s no less true for Zynga, which laid off five percent of its workforce recently. And now, like a sign of the times, this for sale...
View ArticleOuch: T-Mobile Sheds 492,000 Customers in Q3, Blames iPhone 5 Launch
T-Mobile released its third quarter earnings report this morning in which it recorded total revenue of $4.9 billion, down 6.4 percent since the same quarter last year. Its service revenues totaled...
View ArticleBest Buy Misses Estimates, In-Store Sales Down
Best Buy reported its third quarter earnings on Tuesday and noted revenue of $10.75 billion and $0.04 earnings per share for the quarter, down from $11.14 billion during the third quarter of last...
View ArticleWhat Happens if Best Buy Goes Out of Business and Why You Should Care
Tuesday, Best Buy announced its third quarter earnings report and while noting $10.75 billion in revenue, those numbers are down $500 million from the same period last year. Best Buy has been facing...
View ArticleApple Misses Revenue, iPhone Sales Estimates in Q1 2013 Earnings – But Sets...
Uh oh. Apple just released its earnings and the company missed several of the Street’s estimates. The company reported $54.5 billion in revenue for the quarter, below estimates of $54.58. That’s not...
View ArticleBlackBerry Returns to Profitability in Fiscal Q4
BlackBerry released its fiscal fourth quarter results early Thursday morning and surprised the street by announcing it has returned to profitability. The company posted $2.7 billion in revenue and...
View ArticleSamsung Expects 53 Percent Profit Bump This Quarter
Samsung recently said that it expects its profits to increase 53 percent over the first quarter of 2012 when it reports its Q1 2013 earnings. The company expects profits of $7.7 billion (8.5 ~ 8.9...
View ArticleHTC Posts Record Low Profits as World Waits for One Launch
HTC posted its lowest profits ever on Monday ahead of the impending launch of the company’s most powerful handset to date. The company’s net profits clocked in at $2.85 million, Reuters said, for Q1...
View ArticleVerizon Revenues Up in Q1 2013, 4M iPhones Sold
Verizon Communications reported its first quarter 2013 earnings on Thursday and noted revenue for the quarter was $29.4 billion, up 4.2 percent from the same quarter last year. The company also...
View ArticleNokia Device Sales Down in Q1, 5.6M Lumias Sold
Nokia reported its earnings for the first quarter of 2013 on Thursday. The company noted an operating loss of EUR 150 million and, while sales of its Lumia smartphones were up, overall sales were down...
View ArticleHouse of Cards Pays Off: Netflix Beats Q1 2013 Estimates, Reports $1.02B in...
Netflix posted its first quarter 2013 earnings on Monday and beat Wall Street estimates. The company reported revenue of $1.02 billion, dead on with estimates, but earnings per share of $0.31 beating...
View ArticleApple Q2 2013 Earnings Out: Beats Street Estimates, 37.4M iPhones Sold, 19.5M...
Apple just posted its earnings for the fiscal second quarter of 2013. The company reported a net profit of $9.5 billion, $43.6 billion in revenue and an EPS of $10.09. That was above average analyst...
View ArticleiTunes Now Home to 850,000 iOS Apps, 350,000 iPad Apps
Apple just announced its fiscal second quarter 2013 earnings and, on the earnings call, revealed some information on its iTunes App Store. Apple said it now offers more than 850,000 iOS applications...
View ArticleTim Cook Suggests No New Apple Products Until This Fall
In a bizarre move out of the the company’s typically secretive business practices, Apple CEO Tim Cook suggested rather clearly that Apple will not launch any new products until the fall of this year....
View ArticleSprint Reports Net Loss of $643M, iPhone Sales Drop in Q1 2013
Sprint reported its first quarter 2013 earnings on Wednesday. The company noted an operating income of $29 million, which was a large improvement over the $255 million loss during the same quarter...
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