Items tagged with revenue
Verizon Communications said it added 1.4 million net retail connections in the second quarter of 2014 to bring its total wireless subscriber base to 104.6 million. Equally impressive is the company's low churn rate of just 1.2 percent, meaning that the vast majority of wireless customers are content with their...
Read more...
Continuing with its stellar performance, Apple posted financial results for its fiscal 2014 second quarter ended March 29, 2014, during which time it generated $45.6 billion in revenue for a net profit of $10.2 billion, or $11.62 per diluted share. These numbers are up from $43.6 billion in revenue and a net profit of...
Read more...
Typically, Fridays on Wall Street are comparatively quiet, and often, they sag a bit lower than other weekdays. It's the end of the work week, volume is lower, and hardly any company announces spectacular, can't-miss news on a Friday. But if you're Google, you're pretty pleased with how Friday treated you. Google's...
Read more...
Depending on how you look at it, Apple had another stellar quarter, generating $35.3 billion in revenue and posting a net profit of $6.9 billion, or $7.47 per diluted share. On the flip side, Apple's performance barely beat out Wall Street's somewhat subdued estimates, and though its revenue is up slightly from $35...
Read more...
Don't tell Lenovo the PC market is in a slump. The OEM apparently hasn't gotten the memo, and as they say, ignorance is bliss. In this case, it's also quite lucrative. Lenovo this week announced record full-year sales of $34 billion, up 15 percent year-over-year, and record earnings of $635 million, up more than a...
Read more...
Many working stiffs find themselves with too much month at the end of the money and staring at a pile of debt, but how nice would it be to have that work in reverse? If you really want to know the answer to that question, just ask Samsung, which is generating more money than it can spend each month. Of course, that's...
Read more...
Don't be fooled by the lukewarm reception to Comcast's share price following the company's first quarter 2013 financial results. The cable outfit killed it in Q1, posting a profit of $1.44 billion, or 54 cents a share, on combined revenues totaling $15.3 billion, up 2.9 percent compared to the same quarter a year. The...
Read more...
Business operations are sizzling over at Samsung, the South Korean handset maker that just announced a consolidated net profit of 7.15 trillion won, or about $6.39 billion, for its first fiscal quarter of 2013. That's up more than 40 percent from the same quarter a year ago and also marks six quarters of consecutive...
Read more...
IBM's net income in the first quarter of 2013 was $3 billion, a hefty sum though down slightly (1 percent) compared to the same quarter a year ago. Total revenues also took a hit, declining 5 percent (or 3 percent after adjusting for currency) year-over-year to $23.4 billion, while operating income managed to move in...
Read more...
Oh Microsoft, why must you be so coy? The Redmond software giant announced financial results for its fiscal third quarter, noting record revenue of $20.49 billion on operating income of $7.61 billion, net income of $6.06 billion, and diluted earnings per share of $0.72 per share, but once again opted to keep quiet...
Read more...
Wireless carrier T-Mobile USA added 61,000 new customers in the fourth quarter, a vast improvement over the 526,000 subscriber losses it recorded a year prior. Unfortunately for T-Mobile, all those new customers didn't translate into positive revenue growth for the full year. On the contrary, T-Mobile earned $4.9 billion, a decrease of 5.2...
Read more...
For a little while now, Facebook has been offering users the ability to pay to promote their own posts. In doing so, stories you post and promote are displayed more prominently in your friends' news feed. Now, Facebook is expanding this feature by offering users the ability to pay to promote their friends' posts. By...
Read more...
Dell's fiscal 2013 third quarter revenue dipped to $13.7 billion, down 11 percent sequentially, the company announced this week. Battered by weak spending in the PC sector and a trend towards mobile handheld devices, Dell's profit was cut nearly in half, declining 47 percent to $475. Dell warned that it "sees the...
Read more...
For awhile there, people wondered how in the heck Twitter would be able to monetize itself. And these days? It's a battle between web and mobile over which one can rake in the most revenue, and on many occasions, mobile wins out. We know this because Twitter CEO Dick Costolo said as much at a conference in San Francisco earlier this week....
Read more...
Despite Apple's iPad trying to steal Microsoft's thunder and in spite of increasing competition from ARM in the mobile space, Microsoft still managed to drive its quarterly revenue up 6 percent year-over-year to $17.41 billion for the company's third fiscal quarter ended March 31, 2012. Net income topped $5.1 billion, resulting in $0.60 diluted...
Read more...
Despite all the lawsuits with Apple and bickering over patent claims, injunctions, and all the other behind the scenes drama, Samsung has hit its stride, posting record quarterly operating profit of 5.8 trillion won ($5.13 billion in United States currency). That's up from 2.95 trillion won ($2.6 billion) from one year ago, and up from 5.3...
Read more...
Lenovo's been on a roll as of late, and as a result, it's been rolling in the dough. The PC maker reported pre-tax income of $192 million for its third fiscal quarter ended on December 31, 2011, a whopping 59 percent year-over-year increase and a record high, along with record quarterly sales of $8.4 billion. Those...
Read more...
Samsung's rolling in the dough after posting a profit of 5.3 trillion won in 2011, or $4.73 in U.S. currency, representative of a staggering 79 percent year-on-year growth rate. Smartphone sales have been for key for Samsung, and despite ongoing litigation with Apple over patent infringement claims, Samsung's shipped more mobile phones in...
Read more...
If there were any lingering doubts about Apple CEO Tim Cook being capable of keeping the momentum going that Steve Jobs initiated before his untimely death, go ahead and toss them out the window. Apple last night announced quarterly revenue of $46.33 billion and quarterly net profit of $13.06 billion, both record numbers for the Cupertino...
Read more...
Even though it's illegal to print your own money, the end result of what Intel's doing isn't all that much different. We're not suggesting the Santa Clara chip maker is running afoul of the law in any way, but when you report full-year revenue of $54 billion, as Intel just did, the results are the same -- money to...
Read more...
Sony took somewhat of a beating today in afternoon trading after the company reported consolidated financial results for its second fiscal quarter ended September 30, 2011. Shares of Sony dropped nearly 7 percent earlier in the day, based in large part on Sony's warning that it could be staring at a fourth straight...
Read more...
Intel, the largest chip maker in all the known galaxies, announced third-quarter revenue will be below what the company was initially expecting. The Santa Clara chip maker now says it will likely pull in $11 billion in revenue (plus or minus $200 million, which to Intel is like loose change in the pocket), compared to...
Read more...
