Netflix has reported another strong quarter by adding 5.3 million subscribers in Q3 2017. The streaming service recorded $2.99 billion in revenue, up 34% YoY. Continue reading “Netflix records $2.99 billion in revenue, adds 5.3 million subscribers in Q3 2017”
It looks like Facebook is exploring modular smartphones. The social network has filed a patent at the United States Patent and Trademark Office (USPTO) for a “modular electromechanical device” that would allow users to easily swap existing components. This development was first spotted by Business Insider. Continue reading “Facebook’s new patents suggests a modular smartphone is in the works”
Facebook has reported financial earnings for Q1 2017. The social network has recorded $8.03 billion in revenue, up 49% YoY. Facebook continued its march toward the 2 billion user threshold as more than 1.94 billion people are now using its service monthly as of March 31, up 17 percent from a year earlier. Continue reading “Facebook reports $8.03 billion in revenue, hits 1.94 billion MAUs in Q1 2017”
Alphabet has announced financial results for Q1 2017. The company has reported $24.75 billion in revenue, up 22% YoY while it garnered $5.42 billion in net income, up 29%. Continue reading “Alphabet reports $24.75 billion in revenue, $5.42B in net income in Q1 2017”
Twitter has announced financial earnings for Q1 2017. The micro blogging platform reported $548 million in revenues, a drop of 8 percent from the same period a year ago. Twitter added 9 million monthly active users over the quarter which is 7 million more than expected.
Continue reading “Twitter reports $548 million in revenues, 328 million MAUs in Q1 2017”
Netflix has announced financial earnings for Q1 2017. The US based streaming service has recorded $2.64 billion in revenue and net income of $178 million. It reported net subscription additions of 4.95 million for the quarter which fell short of the 5.2 million subscribers forecast. Netflix now has 98.75 million subscribers, and is expected to hit 100 million subscribers milestone easily next quarter.
Continue reading “Netflix records $2.64 billion revenue in Q1 2017, nears 100 million subscribers”
iOS has always topped Android in terms of revenue, however that is about to change this year. A new report from App Annie predicts that Android app revenue will overtake iOS in 2017.
Continue reading “Android app revenue will surpass iOS this year: App Annie”
Facebook has announced financial results for Q4 2016. The social network has recorded $8.81 billion in revenue in the fourth quarter ended Dec. 31. Continue reading “Facebook records $8.81B revenue, hits 1.86B MAUs, 1.23B DAUs in Q4, 2016”
Nintendo has announced quarterly profits in a year by delivering profit of 64.7 billion yen ($569 million) for the period ending in December. It exceeded analysts’ average projection for 20.5 billion yen. Revenue for the quarter fell 21 percent to 174.3 billion yen. Continue reading “Nintendo records $569M profit, Super Mario Run brings more than $53M in revenue”
Google’s parent Alphabet has announced financial results for Q4 2016. The company has recorded $26.06 billion in revenue and $5.3 billion in net income. The company reported $22.4 billion in revenue and $5 billion in net income last quarter.
Continue reading “Alphabet records $26.06 billion in revenue, $5.3 billion in net income for Q4 2016”
Xiaomi has set new targets for 2017. The Chinese smartphone maker has revealed that it is targeting more than 100 billion yuan ($14.5 billion) in revenue in 2017. Xiaomi Chief Executive Lei Jun said “the worst is over” and touted 2016 as a “make-up year”.
Continue reading “Xiaomi targets $14.5 billion revenue in 2017”
Xiaomi India has crossed more than $1 billion (about Rs 7,000 crore) revenue milestone in 2016. The latest achievement was revealed by Xiaomi India head Manu Jain in a Facebook post. Xiaomi has achieved this feat just two years after its foray in India. Continue reading “Xiaomi India hits $1 billion revenue mark in 2016”
Lenovo has announced financial results for its second fiscal quarter ended September 30, 2016. The company reported $11.2 billion in revenue, down 8% YoY and up 12% quarter-over-quarter. Continue reading “Lenovo reports $11.2 billion in revenue, $157 million in net income in Q2 FY 2016/17”
Facebook has announced financial results for Q3, 2016. The social network has reported revenue of $7.1 billion, up 56% YoY while net income was $2.4 billion. Continue reading “Facebook reports $7.1 billion in revenue, crosses 1B mobile only MAU in Q3, 2016”
Google’s parent Alphabet has announced its financial results for Q3 ended September 30, 2016.. The company reported $22.45 billion in revenue while net income was $5.7 billion. Continue reading “Alphabet reports $22.45 billion in revenue, announces $7 billion share buyback in Q3 2016”
