It looks like folks wondering how Apple did financially last quarter will find out in just a few short weeks. The Cupertino company announced this afternoon that it will be releasing its financial results for Q2 2013 on April 23.
Apple’s earnings reports are typically a major affair in the tech world, and this one is particularly important. The iPad-maker’s stock is at its 52 week low, and it needs to post some big numbers to change the conversation… Read More
A strange thing has just happened: Google has posted its third-quarter earnings prematurely, giving Wall Street analysts and investors a pause as the company missed expectations substantially. Compared to Google’s stellar results in past few quarters, largely driven by soaring sales of ad slots and Apps hosted solutions for businesses, the September quarter saw the search giant stumble a bit.
The Mountain View, California-headquartered company reported a huge 20 percent dive in net income to $2.18 billion (operating income was $3.26 billion). Net revenue was $11.3 billion versus the $11.9 billion that investors had been expecting. Google earned $9.03 a share versus an analysts’ estimate of $10.65, a huge disappointment analysts had expected, on average.
Doesn’t look good at all. I guess that $12.5 billion acquisition of unprofitable handset maker Motorola Mobility has really ‘paid off’, so to speak… Read More
Club Cupertino is set to release fiscal 2012 fourth-quarter earnings on Thursday, October 25, 2012. Data covering the three-month period ending September 30 will also include the first iPhone 5 update since the five million opening weekend sales milestone. Apple’s fourth-quarter guidance calls for revenues of about $34 billion and diluted earnings per share of about $7.65. Also, this… Read More
Verizon Wireless today announced results for the June quarter. The company activated 2.7 million iPhones, representing 45 percent of the carrier’s total smartphone sales that hit 5.9 million units during the quarter. This is down from the 4 .3 million iPhones and a 55 percent share in the holiday quarter and a 50 percent share in the first quarter, when the company activated 3.2 million iPhones. For comparison, Verizon activated 2.4 million iPhones in the year-ago quarter. Blame the decline on iPhone seasonality and those pesky iPhone 5 rumors… Read More
Developer Rovio has had enormous success with Angry Birds. The series debuted on the iPhone back in December 2009 and has since remained one of the most sold games in the App Store.
From today’s earnings release for the full calendar year of 2011, the Espoo, Finland-headquartered company hit an astounding 648 million Angry Birds downloads by the end of 2011.
Total number of active monthly users across all platforms reached 200 million, helping Rovio book a cool $106.3 million in revenue. The number of active users grew considerably from the 40 million people who were regularly playing Angry Birds games as of March 2011.
Most importantly, first-quarter earnings before tax stood at $67.6 million, or 64 percent of total revenue in 2011, making Rovio one of the most-profitable game developers out there… Read More
Carrier AT&T announced quarterly earnings this morning, revealing they activated 4.3 million iPhones during the first quarter of this year, with 21 percent new to AT&T. The figure represents a substantial decrease over the 7.6 million iPhones the company activated during the holiday quarter of last year, when the iPhone 4S launched in the U.S.
On a more realistic annual basis, it’s a healthy 19 percent growth. And with three out of four smartphones sold in the quarter being iPhones, the nation’s second-largest wireless operator definitely remains the iPhone network no matter how you look at it.
Also notable, AT&T’s quarterly iPhone activations easily beat the 3.2 million iPhones Verizon activated during the first quarter of 2012. Apple is scheduled to report its quarterly earnings today after the markets close, at 5pm Eastern / 2pm Pacific. The company will webcast the earnings call and we will be at hand to relay important tidbits as they happen… Read More
Verizon Wireless, the nation’s top carrier, announced quarterly earnings this morning, with finance chief Andrew Davies telling Wall Street analysts on a conference call that the company activated 3.2 million iPhones during the first quarter.
The figure accounts for more than half of the 6.3 million smartphones Verizon sold throughout the quarter, echoing a similar ratio in the previous quarter.
Verizon also sold 2.9 million LTE-enabled devices that now account for an impressive 9.1 percent of their wireless user base… Read More
Some interesting news has been released today regarding the recent success of the Kindle Fire, Amazon’s flagship tablet device. According to iSuppli, Amazon managed to grab a 14% share of the tablet market in the last financial quarter, while Apple’s market share dropped from 64% in Q3 to 57% in Q4.
Apple released the iPad 2 nearly a year ago so it makes perfect sense that demand will drop as the year goes on, especially when new products like the Fire get released later in the year. I expect market share to significantly increase further in Apple’s favor when iPad 3 drops… Read More
Sprint Nextel is expected to release its financial results for the fourth quarter of 2011 later today, and it appears that numbers are even worse than they were during the previous quarter.
For the three months that ended on December 31st, Sprint lost $1.3 billion on revenue of $8.7 billion. That compares to a loss of $929 million on revenue of $8.3 billion for the same quarter the previous year.
Everything isn’t that bad for Sprint though. The company managed to sell 1.8 million iPhones, of which 40% were new customers.. Read More
If you needed more proofs that the iPhone kicks ass, you may want to look at AT&T’s financial results for last quarter. Even though the company had to swallow a big $4.2 billion pill for pulling out of the T-Mobile buyout, AT&T actually did pretty good.
I’ll spare you the boring financial numbers, which you can access by clicking the link above, but we’re just going to focus on what we really care about: iPhone sales numbers. And they are big… Read More
