While Apple enjoyed record profits and Samsung inches closer to the red, last quarter for Google was good – but not amazing. According to its most recent financial reports, the company pulled in $18 billion in revenues in the last quarter alone, with $66 billion in revenue for the 2014 calendar year. While those numbers sound pretty good, let’s remember – Google’s $18 billion in revenues is the same figure that Apple earned in actual profit. Google is huge…but Apple is huge-er.
After all was said and done, Google earned only [...]
Things for Samsung are going pretty bad lately, having had its profit for this quarter slide by a whopping 36 percent over the same time last year. But it seems that Samsung is making its dismal smartphone fortunes felt elsewhere – like, say, Qualcomm, the apparently former provider of mobile CPUs for the company’s many handsets.
Reports from last week revealed that Samsung would be dropping Qualcomm’s ubiquitous Snapdragon processor from its upcoming Galaxy S6 flagship handset. Seemingly confirming those rumors, Qualcomm stated [...]
Yesterday, when Microsoft published its earnings results for the second quarter of 2014 (which is Q4 on the calendar year), it was coming off of one of the most successful days in the company’s recent history, having announced a slew of exciting features for Windows 10 and the very interesting Hololens device. The company’s developer conference, Build, sold out within an hour the next day – so Microsoft was riding high. And, as it turns out, they’ve finally scored some wins with the Surface line, having transformed what was a frequent [...]
It may be hard to believe it, but Twitter only took itself public a mere three months ago. Yet in that time period, Twitter has performed quite well, taking its initial IPO stock price from $38 all the way up to its opening price of $67 this morning. Now Twitter has just posted their first quarterly earnings report, and the news is all in all pretty positive. While Twitter has yet to actually record a profit, few people really expected them to at this early stage. What Twitter did manage to do, however, is easily beat Wall [...]
In the last quarter of 2011 Netflix’s stock started to take a beating, a beating that lasted throughout the entire year of 2012, but then something happened happened early this year (2013) — NFLX jumped from around $90 per share to over $169 per share in less than a month. Since that time the stock has been steadily rising as investors are pleased with the company’s earnings and business. At the time I’m writing this article the stock is sitting at $391 in after hours trading as Netflix meet Q3 expectations on [...]
Facebook earnings are in, and they are looking really good across the board — especially in mobile. The social networking giant reported its Q2 earnings with earnings per share of 19 cents on revenue of $1.81 billion. Those numbers beat analysts’ estimates of an EPS of 14 cents on revenue of $1.62 billion.
The company also said in Q2 2013 it had 699M daily active users, 1.15B monthly active users, and 819M monthly active users on mobile. By the way, that monthly active users on mobile number is an increase of 51 percent [...]
Apple just released their Q3 2013 earnings and they are pretty much what everyone expected coming in at $35.3 billion in revenue, $6.9 billion in profit, or $7.47 earnings per share (EPS), and 36.9% gross margins. For those curious, here is the quick comparison to last years Q3 (2012) numbers: $35 billion, profit of $8.8 billion, or $9.32 per share.
The company is still doing incredibly well, but is currently in a state where analysts and investors have more questions than they do answers. The most notable questions include [...]
Google reported earnings of $9.56 per share for the second quarter, missing analyst estimates of $10.79 per share. The company reported revenue of $14.11 billion, below analyst estimates of $14.42 billion. Shares are down 5 percent in after hours trading.
Google reported its latest figures on its average ad pricing, showing that it continued to decline. Google’s average price, or cost per click to advertisers, declined 6 percent compared with the second quarter last year, that was worse than expected as more people [...]
What’s one thing Samsung and Apple have in common? Wall Street isn’t currently impressed by either of them. Despite both companies having record breaking quarters in terms of revenue and profit, both tech giants are not receiving much love from Wall Street. In fact, Samsung’s second quarter guidance which was released earlier today didn’t meet expectations, causing the stock to tumble by 3.8 percent.
Samsung reportedly raked in 9.5 trillion won ($8.3 billion) in operating profit, which is up 47 percent [...]
Pandora’s CEO, Chairman, and President Joe Kennedy will resign from the company following yet another quarterly loss. Pandora’s board of directors has announced that it started its search for a successor and that Kennedy would continue to lead the company through its transition.
“As I near the start of my tenth year at the helm of Pandora, I am incredibly proud of the team and what we have accomplished in redefining radio. As part of our Board discussions of the road that lies ahead, I reached the conclusion and [...]