Qualcomm reported first-quarter revenue of $7.1 billion for the first quarter of fiscal 2015 ended December 28, 2014. Its revenue rose 7.2% in the quarter that ended in December.
Continue reading “Qualcomm reports $7.1 billion revenue in Q1 fiscal 2015”
Microsoft has announced its second quarter earnings for fiscal year 2015. The software giants’ Surface and Lumia divisions has helped in increasing revenue and handset sale.
Continue reading “Microsoft Surface revenue soars to $1.1B in Q2 2015, 10.5M Lumia phones sold”
Facebook reported $3.2 billion in revenue in the third quarter of 2014 that is 59% up from $2.02 billion in 2013. Net income increased to $806 million in the third quarter, compared to $425 million in the year-ago period.
Continue reading “Facebook Q3 revenue soars by 59%, 1.35 billion monthly active users”
Twitter reported its third quarter earnings with a revenue of $361M, more than double what it did for the same period in 2013. The micro blogging site’s revenue, most of which comes from advertising, increased sharply in the third quarter.
Continue reading “Twitter reports $361M in revenue, 284 MAU in Q3 2014”
Google Play Store downloads exceeded that of Apple App Store by 60% as compared to the same time last year, according to a latest report by App Annie. The mobile research company revealed that Apple App Store generated 60% higher revenue than Google Play Store.
Continue reading “Google Play downloads surpass Apple App Store by 60%: Report”
Twitter has debuted Promoted Videos that will enable advertisers to upload videos and track user engagement. The micro blogging site is offering advertisers a new Cost Per View (CPV) ad buying model, which means they only get charged when a user starts playing the video ad in question.
Continue reading “Twitter rolls out Promoted Videos in beta”
With an aim to pump up its revenues further, Twitter has introduced app-install ads on its mobile platform. Dubbed as “Mobile App Promotion Suite”, new mobile app promotion suite that will allow advertisers to promote mobile app installs both on and off-Twitter.
Its been a tough few months for HTC and it doesn’t look like it is getting any better. After reporting its lowest profits ever over last year, the company today revealed it’s financial report for Q1 2014. Continue reading “HTC reports $62 million loss for Q1 2014 ahead of One M8 launch”
Apple has just released its earnings report for Q1 2014 and has reported revenue worth $57.6 billion. Of this, net profit was $13.1 bilion which corresponds to a 5.7 percent growth in revenue year on year. The company has reported iPhone sales to the tune of 51 million devices sold. This mix was biased towards the iPhone 5s as was revealed in the earnings call. The underlying intent was clear that the iPhone 5c wasn’t as big a success as Apple might have wished for. Continue reading “Apple reports $57.6 billion revenue, sells 51 million iPhones, 26 million iPads in Q1 2014”
Earlier today, trading stopped for BlackBerry’s stock and now we know the reason. The company has reported a net loss of $950 million and will be laying off 4500 employees. This comprises of almost 40% of the entire workforce. The company plans to reduce expenses by almost 50% and will retain about 7,000 jobs worldwide.
Continue reading “BlackBerry to cut 4500 jobs, reports net losses of $950 million”
Looks like Sony is back in the game, especially in mobile! The Japanese company has just reported its first quarter FY 2013 results and has beaten expectations set by analysts. The increased performance is due to, you guessed right, its mobile division. While it posted huge operating losses last year, the division has gained 36% YoY, posting an operating income of 60 million USD. The company’s overall net profits stand at a small 35 million USD, which is not huge by any means, but posting profits after struggling for the past year should be encouraging for the consumer electronics giant.
Continue reading “Sony’s Q1 FY13 results out, mobile sales increase by 36% YoY”
Google’s financial results for Q2 2013 are out and the company has reported revenues of $14.11 billion which is an increment over the $12.21 billion it had reported last year for the same quarter. Net income too has gone up to reach $3.23 billion with earnings of $9.56 per share. The results missed predictions that revenues would touch $14.5 billion with an expectation of growth being 20 percent. Unfortunately this slightly missed estimates with actual growth being 19 percent YoY. Motorola was one of the arms at Google that resulted in losses with the company having cost $998 million. Motorola reported operating losses of $342 million which we guess can be attributed to the R&D efforts in place. Google’s stock closed 7.87 points down at 910.68. The company is scheduled to host an Android centric event later this month where it will show off the next version of its popular mobile operating system alongside refreshed hardware.
As part of its rather tumultuous transition period, Nokia has reported a decline in annual revenue from its India business for the second consecutive year. A drop of 23% has been reported resulting in annual revenues of €2,227 million. Nokia accounts this to increasing competition and currency fluctuation
Continue reading “Nokia registers 23% drop in revenues in India”
Apple just announced its Q4 2012 earnings report wherein it reported quarterly revenue of $36 billion. A quarterly profit of $8.2 billion was also reported equivalent to $8.67 per diluted share. International ales accounted for approximately 60% of the revenue in Q4.
Apple just announced its quarter 3 earnings for 2012 and the numbers appear to be slightly lower than the $37.4 billion expected by analysts. The Cupertino based company has reported quarterly net profits of $8.8billion which comes down to earnings of $9.32 per share.
