Posts Tagged: Quarter

LG’s mobile division posts a loss for the fifth quarter in a row

It’s that time again where LG posts their financial results, for Q2 in this case, which shows its mobile division to be making losses, for the fifth quarter in a row, despite the company changing its mobile strategy. In a nutshell, LG made sales worth $ 1.92 billion and an operating loss of 171.96 million between April and […]

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Microsoft’s strong quarter was powered by the cloud, Surface and Xbox

It's honestly getting a bit tough to write about Microsoft's quarterly earnings without sounding like a broken record. For years, its booming cloud business has pushed revenues higher, and the same is true for the past fourth quarter. The company rep…
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NBA is experimenting with 99-cent fourth quarter live streams

NBA's League Pass can be quite pricey if you're more of a casual viewer than a huge fan. Those "casual viewers" could still go online to find illegal streams to watch, though, so the association seems to be thinking of ways to win them over — like o…
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LG’s 3rd quarter profits are up 82% as smartphones actually lose money

LG’s operating profits for the 3rd quarter were 516.1 billion won (about $ 454 million) and revenue was up by 15.2 percent at 15.23 trillion won (about $ 13.4 billion). Unfortunately, LG’s mobile division didn’t contribute a dime. The bulk of profits came from high-end home appliances and televisions. LG had a big comeback with smartphones in […]

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Samsung first quarter income highest since 2013

Despite continuing jokes about last year’s hottest product, the Galaxy Note 7, and having a key executive jailed amidst a scandal investigation, Samsung announced in earnings guidance that for the first quarter of 2017 the company had sales of approximately 50 trillion won ($ 44 billion USD) which helped drive operating income to 9.9 trillion won […]

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HTC continues to struggle financially in latest report for 3rd quarter

HTC’s financial woes have been a recurring theme for the company for several years now after falling from its perch as the leader in Android smartphone production. The current year has been marked by the release of the generally well-received HTC 10, the HTC VIVE, and perhaps most importantly, HTC’s position as manufacturer for the […]

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After Math: Adventures in the 21st and a quarter century

We are living in the future here, people! Granted, no, full-body lycra catsuits haven't taken off quite as well as we initially expected but the promise of futuristic technology has sure come through. Or, at least it will at the start of the next dec…
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Apple Reports Second Quarter Results

Apple today announced financial results for its fiscal 2016 second quarter ended March 26. The company posted quarterly revenue of $ 50.6 billion and quarterly net income of $ 10.5 billion, or $ 1.90 per diluted share. These results compare to revenue of $ 58 billion and net income of $ 13.6 billion, or $ 2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 40.8 percent in the year-ago quarter. International sales accounted for 67 percent of the quarter’s revenue. “Our team executed extremely well in the face of strong macroeconomic headwinds,” said Tim Cook, Apple’s CEO. “We are very happy with the continued strong growth in revenue from Services, thanks to the incredible strength of the Apple ecosystem and our growing base of over 1 billion active devices.”
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Apple Reports Record First Quarter Results

Apple has announced financial results for its fiscal 2016 first quarter ended December 26, 2015. The company posted record quarterly revenue of $ 75.9 billion and record quarterly net income of $ 18.4 billion, or $ 3.28 per diluted share. These results compare to revenue of $ 74.6 billion and net income of $ 18 billion, or $ 3.06 per diluted share, in the year-ago quarter. Gross margin was 40.1 percent compared to 39.9 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter’s revenue. “Our team delivered Apple’s biggest quarter ever, thanks to the world’s most innovative products and all-time record sales of iPhone, Apple Watch, and Apple TV,” said Tim Cook, Apple’s CEO. “The growth of our Services business accelerated during the quarter to produce record results, and our installed base recently crossed a major milestone of one billion active devices.”
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Apple Reports Record Fourth Quarter Results

Apple has announced financial results for its fiscal 2015 fourth quarter ended September 26. The company posted quarterly revenue of $ 51.5 billion and quarterly net profit of $ 11.1 billion, or $ 1.96 per diluted share. These results compare to revenue of $ 42.1 billion and net profit of $ 8.5 billion, or $ 1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue. The growth was fueled by record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services. “Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28 percent to nearly $ 234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro, and the all-new Apple TV which begins shipping this week.”
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Apple Reports Record Third Quarter Results

Apple has announced financial results for its fiscal 2015 third quarter ended June 27. The company posted quarterly revenue of $ 49.6 billion and quarterly net profit of $ 10.7 billion, or $ 1.85 per diluted share. These results compare to revenue of $ 37.4 billion and net profit of $ 7.7 billion, or $ 1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue. The growth was fueled by record third-quarter sales of iPhone and Mac, all-time record revenue from services, and the successful launch of Apple Watch. “We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” said Tim Cook, Apple’s CEO. “The excitement for Apple Music has been incredible, and we’re looking forward to releasing iOS 9, OS X El Capitan, and watchOS 2 to customers in the fall.”
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Apple Reports Record Second Quarter Results

Apple today announced financial results for its fiscal 2015 second quarter ended March 28. The company posted quarterly revenue of $ 58 billion and quarterly net profit of $ 13.6 billion, or $ 2.33 per diluted share. These results compare to revenue of $ 45.6 billion and net profit of $ 10.2 billion, or $ 1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter. International sales accounted for 69 percent of the quarter’s revenue. “We are thrilled by the continued strength of iPhone, Mac, and the App Store, which drove our best March quarter results ever,” said Tim Cook, Apple’s CEO. “We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles, and we’re off to an exciting start to the June quarter with the launch of Apple Watch.”
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