Items tagged with revenue
The lingering GPU shortage is frustrating for people who play games on PC, because graphics cards are just so hard to come by—they're either always out of stock, or selling for grossly inflated prices set by marketplace sellers. In case you were wondering, however, NVIDIA is doing just fine. More than just fine...
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Another quarter is in the books for Google, which this time around was worth $17.7 billion in revenue, an 11 percent increase compared to the same period a year ago. After deducting traffic acquisition costs (TAC), Google was left with $14.35 billion in revenue, a figure that's millions of dollars higher than analysts...
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Intel on Thursday warned investors that its first-quarter revenue is likely to be $900 million lower than previously forecast as it weathers weaker than expected sales of business PCs. As a result, Intel now expects to record Q1 revenue of $12.8 billion, plus or minus $300 million, compared to its previous...
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Life can be a whole easier when you find the right partner. That's true in business as well -- just look at Motorola Mobility and the recent success it's had under Lenovo's leadership. According to Lenovo's financial report for its third fiscal quarter ended December 31, 2014, Motorola Mobility's device shipments are...
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More than a quarter of LG Electronics' total revenue came from selling smartphone devices, the company announced today. Top dogs like Samsung and Apple would be wise to keep an eye on LG, which increased its smartphone shipments in North America by 78 percent year-over-year during the fourth quarter of...
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Samsung may have been disappointed that it wasn't able to sell as many Galaxy S5 devices as initially thought, but it's Galaxy Note 4 phablet picked up the slack, helping the company's IT & Mobile Communications unit see a boost in earnings. The South Korean electronics company also credited its more efficient...
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BlackBerry took Wall Street by surprise this morning by posting an adjusted third-quarter operating profit, a sign that its comeback strategy and restructuring efforts might be on the right track. However, BlackBerry's revenue tumbled 34 percent year-over-year to $793 million, highlighting the uphill battle that...
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Verizon is putting its brave face on and remaining positive about future growth opportunities as it deals with increasingly aggressive competitors in the wireless space. Without feeding the media and analysts too much real data to chew on, Verizon spoke in vague terms, saying that it sees "strong momentum for wireless...
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Sprint is planning to reduce its workforce by approximately 2,000 employees, or 6.5 percent, a move the company says will save $400 million annually on labor costs. Unfortunately that is what is has come to for Sprint -- looking for ways to cut costs following a dismal quarter underscored by an operating loss of $192...
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It's a good thing Sony's PlayStation 4 game console is selling so well, because if it weren't, the company would find itself posting an even bigger loss for its fiscal second quarter ended September 30, 2014. As it stands, Sony reported a $1.25 billion net loss for the quarter and is on pace to lose a whopping $2.1...
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T-Mobile, the nation's fourth largest wireless carrier, closed out its best quarter ever of branded postpaid net additions, which totaled 1.4 million. Branded prepaid net additions more than doubled quarter-over-quarter to 1.2 billion, with T-Mobile adding a combined 2.3 million customers during Q3. In the past six...
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Despite the many doom and gloom predictions in the PC market, worldwide system shipments during the third quarter didn't fall as much as expected (only minus 1.7 percent, according to IDC). Partially as a result, hard drive maker Seagate Technology performed better than expected during the company's first quarter of its fiscal year 2015 ended...
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Amazon came up short of analysts' expectations for its fiscal third quarter of 2014. The e-tailer saw its sales increase 20 percent to $20.58 billion, compared with $17.09 billion in the same quarter a year ago, though the firm also posted an operating loss of $544 million, compared with an operating loss of $25...
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Regarding Apple's financial performance during its fiscal fourth quarter ended September 27, 2014, go ahead and choose whichever adjective floats your boat -- smashing, awesome, fantastic, and the list goes on. By the numbers, it was another record period with Apple collecting $42.1 billion in revenue to the tune of...
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T-Mobile has no problem calling out other wireless carriers and pointing out their flaws in candid language, but if you're going to do that, you make yourself a target for criticism. There will be none of that at the moment. Just the opposite, T-Mobile said it added 1.5 million customers during its fiscal second...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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