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 [...]
Today, Foursquare, the location-based services company, announced that it’s opening up its advertising platform to 1.5 million merchants in an effort to generate revenue for the company. Foursquare has long been a darling of social media with its check-in system, but was said to be on the verge or bankruptcy prior to its $41 million cash infusion that it raised in a financing deal earlier this year. The company since transitioned into a promising search and discovery platform, where ads are beginning to play a more prominent [...]
Gumroad, the web based payment service that makes it super simple to sell digital content and goods, recently announced the launch of its brand new subscriptions feature. Content creators can use Subscriptions to power a course with daily lessons, a weekly article, a monthly film series, yearly access to a content database, or anything really.
Setting up a subscription on Gumroad is very similar to selling a traditional digital good on the service, except with subscriptions you are not required to upload a file at the start. [...]
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 [...]
LinkedIn shares rallied to a record high as its revenue and profits soared. The biggest online professional-networking service also said it is raising subscription prices as more job seekers flock to its site.
LinkedIn’s revenue jumped 81 percent to $303.6 million, ahead of analyst estimates of $279.7 million. Profit rose to 35 cents per share, excluding some items, beating estimates of 19 cents per share.
The company sold more subscriptions and software for recruiters as it continues to be one of the most popular sites [...]
Facebook may have beat earnings estimates and surpassed 1 billion users, but investors are still unsure about the company’s ability to grow profits.
The company reported fourth quarter earnings of 17 cents a share, excluding certain items, beating analyst estimates of 15 cents a share. Revenues were $1.59 billion, compared with analyst estimates of $1.52 billion. Revenue was helped by higher targeted advertisements to its users.
The social network also reported 1.06 billion monthly active users and 618 million [...]
Yesterday it was Apple’s turn to release its earnings, and today it’s Microsoft’s. Microsoft’s financials for the second fiscal quarter of 2013 were actually pretty solid, the company posted revenue of $21.46 billion and net income of $6.38 billion, with earnings per share of 76 cents. Which for the most part is exactly what Wall Street had expected, though the actual numbers were a bit lower on the revenue side and higher on the earnings side. Most analysts thought Microsoft would post earnings of 75 cents a [...]
Apple’s stock fell back below $500 per share in after-hours trading after the company reported revenue and iPhone sales that fell short of analyst expectations for its fiscal first quarter.
The company reported earnings of $13.81 per share, beating analyst estimates of $13.47 per share. Revenue fell short of analyst estimates coming in at $54.51 billion, compared with analyst estimates of $54.73 billion. The company sold 47.8 million iPhones, while analysts were expecting sales to be closer to 50 million. Apple said it [...]
In a blog post, Hulu CEO Jason Kilar, announced a very big 2012 for Hulu with $695 million in revenue, which is a 65% increase in growth from 2011 (see charts below). The post also outlined that Hulu now has more than 3 million paying Hulu Plus subscribers. A number which is more than double that of the 2011’s paying subscriber base (see charts below).
Hulu also spent big on content acquisitions in 2012, they invested more than $500 million in content. That investment gave Hulu more than 430 content partners, which offer [...]
The newly launched iAds service by Apple so far seems to be a real cash cow for developers. Jason Ting the developer of LED Light for the iPhone, which lets you turn your iPhone 4’s flash, into an LED flashlight is doing fairly well with iAds. The free version of his app is using iAds and he just posted some pretty amazing figures for one day of ad revenue.
He made $1372.20 in a single day. That’s pretty crazy. You will also notice from his screenshot that his CTR (click through rate) was 11.80% that day. [...]