Qualcomm Says it Lost a “Large Customer”

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 … [Read more...]

Surface is a Billion Dollar Winner for Microsoft

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 … [Read more...]

Twitter Beats Estimates in First Quarterly Earnings Report

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 … [Read more...]

Netflix Roller Coaster Ride Continues With Latest Earnings Report

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 … [Read more...]

Facebook Earnings Beat Expectations: $1.81B Revenue, $0.19 EPS

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 … [Read more...]

Apple Earnings: $35.3B Revenue, $6.9B Profit, $7.47 EPS in Q3 2013

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 … [Read more...]

Google Earnings Miss Estimates, Shares Down Over 5%

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, … [Read more...]

Samsung’s Profits Disappoint Wall Street, But Why?

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 … [Read more...]

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