Items tagged with quarterly earnings
Q3 2016 was a weird quarter for smartphones. Although Samsung dominated the smartphone market in Q2, the company's dangerous and disastrous Galaxy Note 7 led to an overall 30 percent drop in profits. The Q3 results are in and Apple dominated the mobile market by capturing 104 percent of the profits in the sector. These results are largely thanks to Samsung’s failure and LG and HTC’s underperformance. Apple actually earned 90% of the mobile profits, however, other vendors lost money. This loss increased Apple’s share to 103.6%. Samsung boasted a mere 0.9% share. While Apple may have dominated the market, its sales performance was disappointing to investors. Apple sold 45.5 million iPhones, which...
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Microsoft is doing a bit of celebrating right now, if we had to guess. The company just wrapped up another quarter, and the profits are rolling in. They today announced quarterly revenue of $20.89 billion for the quarter ended Dec. 31, 2011, a 5% increase from the prior year period. Operating income, net income, and diluted earnings per share for the quarter were $7.99 billion, $6.62 billion, and $0.78 per share, compared with $8.17 billion, $6.63 billion and $0.77 per share, respectively, in the prior year period. The Microsoft Business Division reported $6.28 billion in second quarter revenue, a 3% increase from the prior year period, and a 7% increase excluding the prior year recognition of...
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