Items tagged with earnings
There has been a lot of talk about Arm encroaching onto x86 territory (more so than it already has), especially on the heels of Qualcomm unveiling its Snapdragon X Elite platform, which is perhaps the biggest threat to x86's dominance to date. Don't tell that Intel CEO Pat Gelsinger, though. While addressing Intel's...
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NVIDIA's early and ongoing investments in artificial intelligence technology, including both silicon and software solutions, are paying off in a monstrous way, much to the delight of investor. Shares of NVIDIA soared in after-market trading, after the company posted record revenue of $13.51 billion for the second...
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A lot of companies would be pleased as punch to generate $13.5 billion in any given three-month period. But there's only one Intel, and that figure represents a 20 percent year-over-year decline in third-quarter revenue, which the company attributed to a challenging economy and weakening PC demand as the world...
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If AMD is in the rear view mirror (arguable), that's only because it keeps making pit stops to collect more money from skyrocketing Zen 3 and RDNA 2 sales. So says the company's latest earnings report. AMD capped off a record year with $4.8 billion in revenue during the fourth quarter, which pushed its full-year...
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Intel has closed the books on what it called a "strong first-quarter," during which it generated $19.7 billion in revenue. That's actually down 1 percent compared to the same quarter a year ago, or flat if going by the non-GAAP total ($18.6 billion). However, its first-quarter revenue exceeded January guidance by a...
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This should come as a surprise to absolutely no one who has been paying attention to the tech sector, but AMD is coming off a record quarter of earnings, which contributed to record fiscal year results. AMD capped off 2020 with $3.24 billion in revenue during the fourth quarter, up 16 percent sequentially and 53...
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Ubisoft has not had the year it hoped for, and gamers are about to suffer dearly for it. Today Ubisoft issued updates for its financial targets and game release schedule for fiscal 2019-2020.
As a result of it dreadful financial performance, Ubisoft is delaying some highly anticipated games. Gods & Monsters, Rainbow Six Quarantine, and
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Google parent company Alphabet has posted its most recent quarterly earnings, and things are looking good for the company. Alphabet reported revenue of $38.9 billion, growth of 19% year-over-year. Profits for the company reached $9.9 billion, up 201% compared to last year when Google was hit with the massive $5...
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Few people go out at the top of their game, but it appears that is exactly what Ming-Chi Kuo, KGI Securities analyst for all things Apple, is doing. Kuo has long had the most accurate Apple predictions that are based on sources that he has been able to procure in the Apple supply chain. Kuo is moving on from his post...
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Gamers, for the most part, aren’t big fans of microtransactions in games. However, modern games are festooned with microtransaction for things you can buy in the game to upgrade characters and weapons all to make the game easier to defeat and to make progression faster. Whatever your feelings about microtransactions...
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Hot on the heels of its latest financial reports, which showed the company beating estimates for both earnings and revenue, but offering weaker than expected guidance for Q2, Intel has announced a significant workforce reduction that will result in approximately 12,000 job cuts over the next year.
The restructuring...
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Analysts have been predicting gloom and doom for Apple for the past few months, as you can see from its stock price which has dipped below $100 again after reaching highs in the $130s early in 2015. To be sure, there is definite cause for concern, but Apple still posted its highest profit ever during fiscal Q1 2016...
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All we seem to hear about these days is how the PC market is off its mark, but rather than pout and pound sand over the situation, Intel appears to have flexed a bit of manufacturing and technology muscle to help weather the storm. Not only that, Intel surpassed analysts' expectations today by reporting second-quarter...
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Coming off a record performance for fiscal Q1, Apple once again knocked it out of the park with its fiscal Q1 numbers. Revenue for the quarter came in $58 billion, while net profit was a hefty $13.6 billion. This compares to revenue of $45.6 billion and net profit of $10.2 billion for the same period one year ago...
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AMD has released its annual earnings report, and the news for the chipmaker is mixed but looking up. For the year, AMD saw revenue drop 2% from 2012 (from $5.42 billion to $5.3 billion), but the company had a solid fourth quarter in 2013 with $1.59 billion revenue which marked a 38% year-over-year jump from 2012. Much...
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Believe it or not, it's earning seasons again, and a company that always seems to make things interesting in this regard is Amazon. While it's stock price is soaring, the past few quarters have shown tremendous revenue with next to no profit. This quarter, however, Amazon didn't manage to make a dime. While Q3 2013...
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In case you haven't noticed, it's pretty tough sledding out there in the semiconductor space. Margins are thin, suppliers are demanding, consumers are finicky, and we're living in a world that constantly demands more power for less money. It's a story that's familiar to AMD, which has been in some state of turmoil for years it seems. Ups and...
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If you're Intel, great news abounds. While the holiday quarter always tends to be positive for the chip giant, Q3 is one of those mysteries. This year, however, Wall Street is apt to be pleased with what the company accomplished. Intel reported third-quarter earnings this week, posting strong revenue of $13.5 billion alongside net income of...
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It's official: Samsung is a giant. In case you weren't already aware that Samsung was a massive, money-making machine right in line with the likes of Microsoft, Oracle and Apple, the company's Q2 2013 earnings are proof that it has quite a bit of fundage in the bank. In the past three months, Samsung as a whole pulled...
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It's good to be Google. It's also good to be Microsoft. Both are tech giants, and both seem to have little problem raking in billions each quarter in pure, unadulterated profit. But to Wall Street, it's all about perspective. While Microsoft managed to pull in $19.90 billion in revenue, $6.07 billion in operating...
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Dell has been in the news quite a bit of late as major investors like Michael Dell and Carl Icahn battle over the plan to take the company private. The contested plan company CEO Michael Dell proposed several months ago was a reaction to weakness in the PC market, and that weakness has manifested as a nasty drop in...
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It's earnings season in the technology world yet again, and as usual, Amazon is one of the big guys worth paying attention. As Apple and Samsung rake in billions in net profit, Amazon has yet again shown that it's really not in the business of clearing absurd numbers. It's just in the business of providing low prices...
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