Items tagged with revenue

Nintendo can't seem to catch a break. The game hardware and software maker reported 74.7 billion yen (~$730.5 million) in revenue during the three-month period ended June 2014, down 8.4 percent compared to the same quarter a year ago. And despite tripling Wii U console sales during the quarter, Nintendo ended up with a 9.9 billion yen (~$97 million) loss compared to an 8.6 billion yen (~$84 million) profit in the same quarter last year. Even though Nintendo sold 510,000 Wii U consoles during the April-June quarter compared to just 160,000 unit sales in the same quarter a year ago, the Wii U hasn't... Read more...
Even with all the iPhone 6 rumors floating around the web, Apple managed to sell over 35 million existing iPhone devices during its fiscal 2014 third quarter ended June 28, 2014, the company reported. That translates into $19.7 billion in iPhone revenue, and a record $37.4 billion in overall revenue after accounting for Apple's other products and services. Apple's never posted a more lucrative June quarter than this one. Net profit totaled $7.7 billion, or $1.28 per diluted share. Given the strong performance, Apple's board of directors declared a cash dividend of $0.47 per share of the company's... Read more...
Verizon Communications said it added 1.4 million net retail connections in the second quarter of 2014 to bring its total wireless subscriber base to 104.6 million. Equally impressive is the company's low churn rate of just 1.2 percent, meaning that the vast majority of wireless customers are content with their service, or at least content enough not to jump ship. This helped Verizon record its highest quarterly revenue growth of the past six quarters, which totaled $31.5 billion, up 5.7 percent compared to the same quarter a year ago. Wireless revenue contributed $21.5 billion to that tally, which... Read more...
Continuing with its stellar performance, Apple posted financial results for its fiscal 2014 second quarter ended March 29, 2014, during which time it generated $45.6 billion in revenue for a net profit of $10.2 billion, or $11.62 per diluted share. These numbers are up from $43.6 billion in revenue and a net profit of $9.5 billion, or $10.09 per diluted share, in the same quarter a year ago. Interestingly, two-thirds of Apple's revenue came from international sales and services. "We’re very proud of our quarterly results, especially our strong iPhone sales and record revenue from services,"... Read more...
Typically, Fridays on Wall Street are comparatively quiet, and often, they sag a bit lower than other weekdays. It's the end of the work week, volume is lower, and hardly any company announces spectacular, can't-miss news on a Friday. But if you're Google, you're pretty pleased with how Friday treated you. Google's stock was the talk of Wall Street as the trading week closed, with its per-share price soaring (and staying) beyond $1000. The company's third-quarter results were to thank for the nearly 14% single-day increase. Google has practically been printing money for years on end now, and it's... Read more...
Depending on how you look at it, Apple had another stellar quarter, generating $35.3 billion in revenue and posting a net profit of $6.9 billion, or $7.47 per diluted share. On the flip side, Apple's performance barely beat out Wall Street's somewhat subdued estimates, and though its revenue is up slightly from $35 billion in same quarter a year ago, the company's net profit fell from $8.8 billion, or $9.32 per diluted share, Still, there are thousands of companies that would love to switch places with Apple, which currently finds itself in a profitable dogfight with Samsung over mobile dominance.... Read more...
Don't tell Lenovo the PC market is in a slump. The OEM apparently hasn't gotten the memo, and as they say, ignorance is bliss. In this case, it's also quite lucrative. Lenovo this week announced record full-year sales of $34 billion, up 15 percent year-over-year, and record earnings of $635 million, up more than a third compared to last year. Lenovo's record-setting behavior didn't stop there. It's fourth fiscal quarter revenues grew 4 percent to $7.8 billion. What makes those numbers even more remarkable is that the industry average among PC makers was a 13 percent year-over-year decline. This... Read more...
Many working stiffs find themselves with too much month at the end of the money and staring at a pile of debt, but how nice would it be to have that work in reverse? If you really want to know the answer to that question, just ask Samsung, which is generating more money than it can spend each month. Of course, that's what a business is supposed to do -- make a profit and all that jazz -- only most don't find themselves sitting on 31.2 trillion won, or $28.5 billion, after debt. Following a first quarter that saw a 42 percent jump in net profit, Samsung now says its cash and equivalents grew to... Read more...
Don't be fooled by the lukewarm reception to Comcast's share price following the company's first quarter 2013 financial results. The cable outfit killed it in Q1, posting a profit of $1.44 billion, or 54 cents a share, on combined revenues totaling $15.3 billion, up 2.9 percent compared to the same quarter a year. The cable company said it added 583,000 Video, High-Speed Internet, and Voice subscribers in Q1, representing a 3.2 percent increase in net additions compared to last year. Tallied up, there are now 51.9 million Comcast subscribers in the U.S., up 1.5 million or 3 percent over last year's... Read more...
Business operations are sizzling over at Samsung, the South Korean handset maker that just announced a consolidated net profit of 7.15 trillion won, or about $6.39 billion, for its first fiscal quarter of 2013. That's up more than 40 percent from the same quarter a year ago and also marks six quarters of consecutive profit growth. Not all of Samsung's figures moved in a positive direction, however, as revenues declined 6 percent sequentially to 52.87 trillion won. Consolidated operating profit also dipped slightly, moving backwards 1 percent to 8.78 trillion won. Still, with profits soaring, Samsung... Read more...
IBM's net income in the first quarter of 2013 was $3 billion, a hefty sum though down slightly (1 percent) compared to the same quarter a year ago. Total revenues also took a hit, declining 5 percent (or 3 percent after adjusting for currency) year-over-year to $23.4 billion, while operating income managed to move in a positive direction, jumping 3 percent to $3.4 billion. Though IBM remained upbeat, the company readily acknowledged that it failed in certain areas. "In the first quarter, we grew operating net income, earnings per share and expanded operating margins but we did not achieve all of... Read more...
Oh Microsoft, why must you be so coy? The Redmond software giant announced financial results for its fiscal third quarter, noting record revenue of $20.49 billion on operating income of $7.61 billion, net income of $6.06 billion, and diluted earnings per share of $0.72 per share, but once again opted to keep quiet regarding Windows 8 sales. Regardless of Windows 8, Microsoft has reason to be happy with its performance, especially with PC sales in a slump as consumer interest transitions to mobile devices like smartphones and tablets. “The bold bets we made on cloud services are paying off... Read more...
Wireless carrier T-Mobile USA added 61,000 new customers in the fourth quarter, a vast improvement over the 526,000 subscriber losses it recorded a year prior. Unfortunately for T-Mobile, all those new customers didn't translate into positive revenue growth for the full year. On the contrary, T-Mobile earned $4.9 billion, a decrease of 5.2 percent compared to the same quarter one year prior, though it did mark the second consecutive quarter of sequential growth. "T-Mobile finished 2012 on a strong note, providing a foundation for executing even bigger game-changing moves in 2013," said John Legere,... Read more...
For a little while now, Facebook has been offering users the ability to pay to promote their own posts. In doing so, stories you post and promote are displayed more prominently in your friends' news feed. Now, Facebook is expanding this feature by offering users the ability to pay to promote their friends' posts. By paying to promote one of your friends' posts, you'll ensure that post will show more prominently in other friends' news feeds. To demonstrate how the feature could be used, Facebook gave the example of a friend who is renting out her apartment. By telling her friends on Facebook, your... Read more...
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