Items tagged with earnings

All we seem to hear about these days is how the PC market is off its mark, but rather than pout and pound sand over the situation, Intel appears to have flexed a bit of manufacturing and technology muscle to help weather the storm. Not only that, Intel surpassed analysts' expectations today by reporting second-quarter earnings of 55 cents per share on revenue of $13.2 billion. By quarter's end, Intel pocketed a profit of $2.7 billion, posting gains in their IOT (Internet of Things) and Data Center businesses. "Second-quarter results demonstrate the transformation of our business as growth in data... Read more...
Coming off a record performance for fiscal Q1, Apple once again knocked it out of the park with its fiscal Q1 numbers. Revenue for the quarter came in $58 billion, while net profit was a hefty $13.6 billion. This compares to revenue of $45.6 billion and net profit of $10.2 billion for the same period one year ago. Gross margin for the quarter came in at 40.8 percent and international sales accounted for 69 percent of Apple’s revenue for the quarter. Not surprisingly, and as we alluded to earlier this morning, China was hugely important to Apple’s bottom line during fiscal Q2. Revenue from China... Read more...
AMD has released its annual earnings report, and the news for the chipmaker is mixed but looking up. For the year, AMD saw revenue drop 2% from 2012 (from $5.42 billion to $5.3 billion), but the company had a solid fourth quarter in 2013 with $1.59 billion revenue which marked a 38% year-over-year jump from 2012. Much of that revenue came from sales of Microsoft’s Xbox One and Sony’s PlayStation 4. (Lest anyone forget that both of those very popular consoles run on AMD semi-custom hardware, that was a big win for the company.) AMD says that altogether, the Microsoft and Sony sold 7... Read more...
Believe it or not, it's earning seasons again, and a company that always seems to make things interesting in this regard is Amazon. While it's stock price is soaring, the past few quarters have shown tremendous revenue with next to no profit. This quarter, however, Amazon didn't manage to make a dime. While Q3 2013 sales were up 24% to $17.09 billion, and operating cash flow increased 48% to $4.98 billion, pure profit was down. All told, Amazon posted a net loss of $41 million in Q3, but in some ways, it's actually being viewed as a positive. Why? Because last Q3 the company posted a loss of $274... Read more...
In case you haven't noticed, it's pretty tough sledding out there in the semiconductor space. Margins are thin, suppliers are demanding, consumers are finicky, and we're living in a world that constantly demands more power for less money. It's a story that's familiar to AMD, which has been in some state of turmoil for years it seems. Ups and downs at AMD are nothing out of the ordinary, but considering that the planet would be quite a boring place with only Intel in the space, we're happy to see AMD's third-quarter earnings. Following Intel's own profitable Q3, AMD is citing a major boom in the... Read more...
If you're Intel, great news abounds. While the holiday quarter always tends to be positive for the chip giant, Q3 is one of those mysteries. This year, however, Wall Street is apt to be pleased with what the company accomplished. Intel reported third-quarter earnings this week, posting strong revenue of $13.5 billion alongside net income of $3 billion. All told, total revenue was up 5% sequentially, but flat year-over-year. That said, the Data Center Group saw record revenue of $2.9 billion, a rise of 12% compared to Q3 of last year. This quarter also saw the launch of 4th-gen Core products, not... Read more...
It's official: Samsung is a giant. In case you weren't already aware that Samsung was a massive, money-making machine right in line with the likes of Microsoft, Oracle and Apple, the company's Q2 2013 earnings are proof that it has quite a bit of fundage in the bank. In the past three months, Samsung as a whole pulled in just under $7 billion in net profit, with revenues up 9% from the prior quarter. In contrast to the first half of last year, revenue was up 19 percent and operating profit increased 51 percent in the first half of 2013 as profitability in the components business improved. The profit... Read more...
It's good to be Google. It's also good to be Microsoft. Both are tech giants, and both seem to have little problem raking in billions each quarter in pure, unadulterated profit. But to Wall Street, it's all about perspective. While Microsoft managed to pull in $19.90 billion in revenue, $6.07 billion in operating income, and $4.97 billion in net income in its most recent quarter, it also suffered a $900 million charge "related to Surface RT inventory adjustments." That's a pretty technical way of saying that no one is buying the Surface RT, and it's taking a blow of nearly a billion dollars as... Read more...
Dell has been in the news quite a bit of late as major investors like Michael Dell and Carl Icahn battle over the plan to take the company private. The contested plan company CEO Michael Dell proposed several months ago was a reaction to weakness in the PC market, and that weakness has manifested as a nasty drop in Dell's product sales. Dell has been trying to shift its business strategy to compete more with the likes of IBM in enterprise services, and that initiative appears to be going well -- the company increased enterprise revenue by 12% in the first quarter of fiscal 2014, up to $5.5 billion.... Read more...
It's earnings season in the technology world yet again, and as usual, Amazon is one of the big guys worth paying attention. As Apple and Samsung rake in billions in net profit, Amazon has yet again shown that it's really not in the business of clearing absurd numbers. It's just in the business of providing low prices, good service and jobs for a lot of people. That's probably an oversimplification, but look at the figures. First quarter sales were up 22% to an astounding $16.07 billion, but the net profit line is but $82 million. That's incredibly low margin, and in fact, the net income is down... Read more...
Wondering how Amazon seems to consistently offer excellent pricing on products? Because it barely makes any profit per item sold. In the company's latest quarterly earnings report, we're told that Amazon raked in an astounding $21.27 billion dollars in the past three months alone. No, there's no typographical error there. But on the net profit side, it counted just $97 million. In other words, margins are about as thin as you could imagine, but it's making it up in volume. Operating cash flow increased 7% to $4.18 billion for the trailing twelve months, compared with $3.90 billion for the trailing... Read more...
When you're on a roll, there's really one two places to go: ahead, or slipping back. Apple did a bit of both with its latest earnings report. While the company proudly proclaimed that Q1 2013 was one for the record books, Wall Street wasn't entirely thrilled. That said, Apple's Q1 2013 did have one fewer week than Q1 2012, so it's tough to compare year-over-year numbers with those lost days in the mix. At any rate, Apple's latest report showed record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, but oddly, neither of those figures measured up to Wall Street's... Read more...
Apple is understandably proud of moving 17 million iPhones in its latest quarter, but Samsung has some even more gaudy numbers. The electronics giant just released its Q3 2012 earnings, and they're huge. Really huge. The company posted record operating profits of 8.12 trillion won on consolidated revenues of 52.18 trillion won, which coverts to profits of around $7.4 billion. That's profit, in just three months. On the profit side, Samsung saw an increase of 91% year-over-year, which is going to be pretty tough to beat. Samsung's solid performance is mainly attributed to increased sales of handheld... Read more...
With Microsoft trotting out Windows 8, Apple is trotting out some huge, huge numbers in a bid to steal back some of that spotlight. The company's Q4 2012 earnings report just came out, and while some of the figures missed Wall Street's debatable inflated expectations, it's hard to argue with what it has going on. It managed to record revenue of $36.0 billion and quarterly net profit of $8.2 billion, or $8.67 per diluted share. These results compare to revenue of $28.3 billion and net profit of $6.6 billion, or $7.05 per diluted share, in the year-ago quarter. Gross margin was 40.0 percent compared... Read more...
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