Twitter records $616 million in revenue, 317 million MAU in Q3 2016

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Twitter has announced financial results for Q3, 2016 ended September 30, 2016. The micro blogging site has reported $616 million in revenue, up 8% YoY. Twitter now has 317 million users, up from 313 million from last quarter and 307 million from Q3 2015. This represents a 3% growth on last year. Continue reading “Twitter records $616 million in revenue, 317 million MAU in Q3 2016”

Microsoft reports $20.5B in revenue in FY Q1 2017, phone revenue drops 72%

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Microsoft has announced financial reports for FY fiscal year (the third quarter of the 2016 calendar year), Q1 2017. The company has recorded $20.5 billion in revenue and $4.7 billion in net income. Continue reading “Microsoft reports $20.5B in revenue in FY Q1 2017, phone revenue drops 72%”

Facebook records $6.44 billion in revenue, over 1B mobile DAU in Q2 2016

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Facebook has announced financial results for Q2, 2016. The social network recorded $6.44 billion in revenue for the quarter ended June 30, 2016. Continue reading “Facebook records $6.44 billion in revenue, over 1B mobile DAU in Q2 2016”

Microsoft records $22.6B in revenue, $5.5B in net income in Q4, 2016

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Microsoft has announced financial results for FY Q4 2016. The company reported revenue of $22.6 billion and a net income of $5.5 billion for the three months ending June 30, 2016.

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Google said to follow Apple and offer larger revenue cuts for developers

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Earlier today, Apple detailed a number of changes that are coming to its App Store which includes a 85-15 percent revenue cut. Now, Google is following Apple’s bandwagon and tweaking Play Store revenue policy, according to a latest report from Re/code.

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Lenovo records $9.1 billion in revenue in Q4 2015, down 19% YoY

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Lenovo has now published its financial earnings report for the final quarter of its 2015/16 fiscal year, ending in March. The company has recorded $9.1 billion in revenue in Q4 2015, down 19% YoY.

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Facebook records $5.38B in revenue, hits 1.65 billion MAU in Q1, 2016

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Facebook has announced financial results for Q1 2016. The social network has recorded $5.38B in revenue and about 79 percent of that revenue came from mobile advertising.

Continue reading “Facebook records $5.38B in revenue, hits 1.65 billion MAU in Q1, 2016”

Twitter records $595 million in revenue, hits 310 Million users in Q1, 2016

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Twitter has announced financial results for Q1 2016. The micro blogging site has recorded a lower than expected revenue of $595 million, a 36% increase YoY. Continue reading “Twitter records $595 million in revenue, hits 310 Million users in Q1, 2016”

Alphabet records $20.25 billion in revenue, $4.21 billion in net income for Q1 2016

Alphabet

Google’s parent company Alphabet has announced results for first quarter 2016 that fell short of anaylsts expectations. Alphabet raked in revenue of $20.26 billion in the period from January to March, reporting a 17% YoY increase in revenue. Continue reading “Alphabet records $20.25 billion in revenue, $4.21 billion in net income for Q1 2016”

HTC reports record low revenue for February 2016

HTC has posted a record low revenue for February 2016 which is lowest for the company in nearly 11 years. The Taiwanese smartphone maker posted NT$4.2 billion in revenues for February 2016 which is down from about NT$9.2 billion for same period in 2015.

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Lenovo records $12.9 billion in revenue, down 8 percent year-over-year in Q3 2015

Lenovo has announced results for its third fiscal quarter ended December 31, 2015.  The company recorded quarterly revenue of $12.9 billion, an 8 percent year-over-year decrease. The company said net profit reached $300 million, up 19% from $253 million in the same period.

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Continue reading “Lenovo records $12.9 billion in revenue, down 8 percent year-over-year in Q3 2015”

Microsoft Surface revenue up 29%, phone revenue declined 49% in Q2 FY 2016

Microsoft has announced earnings for Q2 2016 where it reported $25.7 billion in revenue and $6.3 billion in net income. It looks like Surface is finally doing the job for Microsoft, as it recorded $1.35 billion in revenue, up from $672 million in previous quarter and up from $1.1 billion year-over-year.

microsoft-surface-pro-4-fonearena-19 Continue reading “Microsoft Surface revenue up 29%, phone revenue declined 49% in Q2 FY 2016”