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Stories about: revenue


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Carriers to Sell 60% of Internet-Connected Mobile Devices by 2013

Wireless carriers have been already reported to plan seeking new ways of boosting their revenues, and it seems that selling a wider range of devices beside mobile phones is one of the solutions they might have found. According to a recent report from In-Stat, carriers are expected to become one of the most significa...

18 November 2009
14:01 GMT

NVIDIA's Q3 FY2010 Revenue Up 16 Percent

NVIDIA has recently announced its financial results for the third quarter of the fiscal year 2010, with a reported revenue of US$903.2 million, representing an increase of 16 percent from the previous quarter and up from US$897.7 million, recorded in Q3 FY2009. According to the Santa Clara, California-based graphics ...

6 November 2009
08:52 GMT

Samsung Registers a Great Q3 2009

South Korean mobile phone maker Samsung Electronics recently announced its financial results for the third quarter of the ongoing year, and posted $21.07 billion in revenue, on a net income of $3.1 billion. As the maker indicates, its third quarter operating income for the telecommunications unit was of 1.03 trillion...

31 October 2009
05:02 GMT

Sprint Posts $478 Million Net Loss for Q3

Wireless carrier Sprint Nextel announced today its financial results for the third quarter of the ongoing year and posted net operating revenues of $8.0 billion, along with a net loss of $478 million and 17 cents per share diluted loss. According to the company, its Free Cash Flow for the time frame was of $664 milli...

29 October 2009
10:44 GMT

Microsoft Reports $12.92 Billion Revenue for First Quarter

Microsoft has made public the financial results for the first quarter of the 2010 fiscal year, managing to beat forecasts. However, the Redmond company did report a drop in revenue compared to the same quarter of FY 2009. Essentially, Microsoft revealed that for the quarter ended on September 30, 2009, it accounted f...

23 October 2009
10:27 GMT

Server Market Continues to Decline in Second Quarter

IDC's Worldwide Quarterly Server Tracker states that factory revenue in the worldwide server market declined by over 30.1% over last year to a total of $9.8 billion for the second quarter of 2009. As Matt Eastwood, group vice president of Enterprise Platforms at IDC, stated, "Over the past four quarters, the wor...

2 September 2009
08:18 GMT

Microsoft Revenue Declines as a Result of Weak PC and Server Markets

Microsoft felt the full impact of the global economic crisis in the forth quarter of the 2009 fiscal year that ended June 30, 2009. The Redmond company reported a drop in revenue of 17% compared to Q4 2008. Essentially, revenue went down to just $13.1 billion in Q4 2009, over one billion less than analyst forecasts. ...

24 July 2009
04:22 GMT

AT&T Posts $30.7 Billion in Revenues for Q2 09

Wireless carrier AT&T has announced today the financial results for the second quarter of the ongoing year and has posted revenues of $30.7 billion, with a net income of $3.2 billion. It also announced diluted earnings per share totaled $0.54, and $7.9 billion cash from operating activities. The company registered st...

23 July 2009
09:40 GMT

Yahoo Revenue Drops 13 Percent in Q2

Yahoo has announced its financial results for the second quarter of 2009 showing a 13 percent drop in revenue year over year; however, though it raked in $1.57 billion, it still managed to beat analyst expectations. The company has been going through some turmoil lately, with executive restructuring and the closure o...

22 July 2009
04:03 GMT

Apple Reports Best Non-Holiday Quarter Revenue in Its History

Cupertino-based company Apple announced on Tuesday the financial results for the third quarter of the fiscal year 2009 (ended June 27, 2009), and posted a revenue of $8.34 billion with a quarterly net profit of $1.23 billion, or $1.35 per diluted share. At the same time, the company also announced a gross margin of 3...

22 July 2009
01:46 GMT

Apple to Announce FY 09 Third-Quarter Results on July 21

Cupertino, California-based Apple Inc has announced today that it is set to announce the financial results for the third quarter of fiscal year 2009 (the second calendar quarter) on Tuesday, July 21, 2009. The company will announce results that cover sales from March 28, 2009 through June 26, 2009, while a conference...

20 July 2009
09:33 GMT

Nokia's Sales Plunge 25% Year on Year in Q2 2009

Finnish mobile phone maker Nokia has announced today its financial results for the second quarter of the ongoing year, and has posted net sales 25 percent lower when compared to the second quarter of last year, yet 7 percent higher compared to the first quarter of the ongoing year. The company reported Net sales of E...

16 July 2009
15:01 GMT

Research In Motion Announces 28.5 Million Subscribers

Research In Motion Limited, a leading company on the mobile phone market, announced on Thursday its financial results for the first quarter of fiscal 2010. The company mentioned that during the three months ended May 30, 2009 it managed to add almost 3.8 million net new BlackBerry subscriber accounts, and that the to...

19 June 2009
03:17 GMT

Telus' Profits Go up in Q1 2009

Canada's wireless carrier Telus announced recently that its first-quarter revenues went up by CA$25 million to a total of $2.38 billion (US$2 billion), while also announcing that the net profits increased by 10 percent to CA$322 million (US$274 million). According to the company, the revenue growth it registered...

8 May 2009
10:43 GMT

MetroPCS Sees 20% Increase in Revenue in Q1 2009

MetroPCS has announced that its revenue for the first quarter of the ongoing year has reached $795 million, increasing 20 percent from the $622 million registered during the same time frame a year ago. At the same time, the company has also mentioned that the ARPU in the quarter went down to $40.40, lower than the $4...

8 May 2009
05:16 GMT

Sprint's Q1 Was Better than Expected

It seems that Sprint Nextel did better than anticipated during the first quarter of the ongoing year. Although the company posted a net loss of $594 million for the time frame, translated into 21 cents per share, higher than the $505 million, or 18 cents-a-share loss it registered in the same period a year ago, the c...

4 May 2009
12:21 GMT

Verizon Sees Good Q1 Results

Verizon Communications announced its financial results for the first quarter of the ongoing year, and reported that it had registered a 5.3 percent rise in earnings, due to its recent acquisition of wireless operator Alltel. On the other hand, it seems that the competition with AT&T, the carrier that sells the iPhone...

27 April 2009
10:50 GMT

Samsung Sees Profitability in Q1

Korean mobile phone maker Samsung Electronics announced on Friday its earning results for the first quarter of the ongoing year, and posted a better-than-expected revenue, though not matching the company's performance during the last year. Even so, it seems that Samsung has managed to turn to profitability, a ma...

25 April 2009
04:40 GMT

Microsoft Revenue Drops, First Time in Its Existence

For the first time in its history, Microsoft has experienced a year-over-year drop in revenue. The Redmond company's revenue took a tumble in the third quarter of 2009 and amounted only to $13.65 billion. The $13.65 billion in revenue for the quarter ended March 31, 2009, represents a decline of 6% compared to t...

24 April 2009
03:51 GMT

T-Mobile Sees Low Additions, Sells 1 Million G1's

T-Mobile USA announced recently its financial results for the first quarter of the ongoing year, which was not as great as expected, at least not when compared to the same period last year. While in 2008 the mobile phone carrier announced 981,000 new subscriber additions, passing the 30 million mark, this year it onl...

23 April 2009
10:50 GMT

AT&T's Revenue Lowers, iPhone Sales Still Strong

AT&T has recently announced its financial results for the first quarter of the ongoing year, and it seems that the time frame wasn't too great, given both the financial recession and the expenses related to its retirement plan, which drove the company’s profits down by about 9 percent, yet it seems that he...

23 April 2009
06:12 GMT

Google Revenue Barely Impacted by Recession

Google reported what it referred to as good financial results for the first quarter of 2009, indicating that it was feeling the impact of the recession. The Mountain View search giant's revenues for the first fiscal quarter of 2009 amounted to $5.51 billion. Undoubtedly results that spell success even without th...

17 April 2009
04:19 GMT

HTC's Q1 Was Less Impressive than Expected

Taiwanese mobile phone maker HTC projected a while ago that it would be able to see a double-digit growth during the ongoing year, despite the economic slowdown that affected the mobile phone market. However, it seems that the financial turmoil has taken its toll on the company's results for the first quarter of...

7 April 2009
10:50 GMT

Corel Posts Poor Fiscal Results for Q1 2009

On April 2 2009, Corel revealed a summary of the financial results for the first quarter of this year, which ended on February 28, indicating that revenue dropped to $56.2 million. The preliminary report shows that, at the beginning of 2009, revenue decreased no less than 14% compared with the same period of the past...

4 April 2009
03:41 GMT

Palm Works Hard on Delivering Pre

It seems that Palm is not doing so well when it comes to its financial results, yet the company says that it is well positioned for the launch of the highly expected Pre. At the same time, it seems that we should be able to see a nice range of smartphones released to the market this year featuring the maker's ne...

20 March 2009
09:16 GMT

Kingston Achieves $4 Billion Revenues in 2008

Kingston Technology, the independent world leader in memory products, has just announced its financial figures for 2008, having achieved a record 41-percent increase in total memory units shipped over the 2007 period. The company's announcement comes at a time when most corporations have recorded lower than expe...

11 March 2009
09:30 GMT

Sprint Loses 1.3 Million Subscribers

Sprint Nextel reported recently a fourth-quarter loss of US$1.62 billion, yet it seems to be better than a year before, when the company announced a US$29.3 billion loss, caused by the US$29 billion write-down of its Nextel purchase. At the same time, it also mentioned that its revenue during the quarter went down 14...

20 February 2009
05:18 GMT

Yahoo Reports Loss for Q4 2008

While Google accounted for a strong growth in the past fiscal quarter, and with Microsoft failing to meet expectations, missing estimates by $900 million, but still managing to hold its head above water, Yahoo posted a Q4 loss of $303 million. For the fourth quarter of 2008, the company has seen its revenues drop to ...

28 January 2009
04:07 GMT

Google's Revenue Jumps to $5.70 Billion

In the first quarter of the 2008 financial year, Google managed to outperform analyst estimations, accounting for a total revenue of $5.70 billion. The Mountain View-based search giant kept its head well above the waters of the worldwide financial tsunami with the latest financial results, delivering proof that its a...

23 January 2009
04:11 GMT

Samsung Announces Q4 Financial Results, Posts Net Loss

The South Korean manufacturer Samsung Electronics announced its financial results for the fourth quarter of last year. The company posted a net loss of $15 million (22 billion won) for the last three months of last year, as its sales went down 4 percent, stated Robert Yi, head of Samsung's investor relations dep...

23 January 2009
03:40 GMT

Windows 7 Needs to Be Magic to Save Microsoft

 Windows 7 will need to be nothing short of magic in order to save Microsoft. It is in the context of the global economic crisis that the Redmond company will have to milk its main cash cow for all that it’s got, down to the very last drop. In light of modest revenue growth for the second fiscal quarter of...

22 January 2009
13:14 GMT

HTC to Use Ericsson's Mobile Platform on Future Handhelds

According to the latest news on the Web, High Tech Computer (HTC) is on its way to release ten new handhelds this year, yet these devices are reported not to be using exclusively Qualcomm chipsets, but also to feature Ericsson's Mobile Platform (EMP). The move seems to have been triggered by the fact that produc...

8 January 2009
04:14 GMT

Enterprise WLAN Market to See Growth Amid Financial Turmoil

Dell'Oro Group, a trusted provider of information on networking and telecommunications industries, has recently published a report revealing that the enterprise wireless LAN (WLAN) market increased by more than 15 percent over the previous year. The enterprise WLAN revenues have been on a rising route during the...

12 December 2008
04:24 GMT

AMD Lowers Fourth Quarter Previsions

According to the latest news on the web, it seems that the world's second largest chip manufacturer, Advanced Micro Devices, has announced that it lowers its previsions regarding the revenue for the fourth quarter of this year. The Sunnyvale-based company said that it expects revenue from continuing operations f...

4 December 2008
11:16 GMT

iSuppli Releases Preliminary 2008 Top-20 Chip Rankings

As the IT industry is facing a financial downturn, iSuppli has released its preliminary 2008 top-20 chip rankings, allowing us to draw a picture of the market. According to the firm, Intel, Samsung, Texas Instruments, Toshiba, and STMicroelectronics hold the top five positions, while other known makers like Advanced ...

4 December 2008
02:53 GMT

HP Marks Higher Sales, Slightly Lower Earnings

Hewlett-Packard officially announced on Monday having recorded $33.6 billion in revenue during the fourth quarter of 2008, registering a 19 percent growth compared to a year ago, or 16 percent after adjusting for currency effects. For the quarter, HP marked $2.1 billion profits, translated into 84 cents per share, sl...

25 November 2008
03:33 GMT

LG Display Sees Increase in Large-Size LCD Panel Shipments

LG Display managed to reach the top position in terms of unit shipments in the large-size LCD panel market segment in September 2008, and is reported to be the only maker to register increase in shipment volume in October. According to Displaybank, LG Display also managed to maintain its lead with a 25.5 percent mark...

21 November 2008
06:29 GMT

Dell Gains 9-Percent in Fiscal Third-Quarter EPS

PC maker Dell Inc. recently announced its third-quarter financial results, and posted a 9 percent increase in earnings per share, which rose to 37 cents, on revenue of $15.2 billion. The company explained that its earnings improved solidly due to a “disciplined cost management and an improved mix of products an...

21 November 2008
04:09 GMT

AMD Reinforces Revenue Forecast

On Thursday, Advanced Micro Devices backed up its previous financial forecast, saying it was confident that the financial turmoil would not affect it as much as it would affect other PC industry players. The world’s largest chip maker, Intel, announced a day before that it had cut its initial fourth-quarter rev...

15 November 2008
05:25 GMT

NVIDIA's Q3 Profits Dropped Sharply

NVIDIA, a leading manufacturer of graphics cards, has registered a rather bad third quarter this year, as showed by the announced quarterly earnings. Even so, while the profits went down compared to last year, the revenue the company registered is better than what was forecast. The green manufacturer ended on October...

7 November 2008
02:45 GMT

Apple Discloses Q4 Results: Macs Sold Great

Apple has announced the financial results for its fiscal 2008 fourth quarter that ended on September 27, 2008. Apple posted revenue of $7.9 billion, while net quarterly profit was $1.14 billion, or $1.26 per diluted share. The conference call also featured a surprise appearance from the company’s CEO, Steve Job...

22 October 2008
03:05 GMT

IBM Did Well in Q3: 20% Increase in Net Income

IBM announced on Wednesday that its net income in the third quarter of the year went up 20 percent, while the profit forecast for the entire year seems to be quite accurate. Big Blue will present the report on its full financial results for the quarter on October 16th, and this announcement made only a week earlier i...

10 October 2008
03:01 GMT

Just Three in Ten Games Recover Their Production Costs

In what might seem to be a shocking statement, having in mind that the games industry keeps growing, former Sony CEO Chris Deering said that just 30% of the games produced manage to recover their costs, so developers must "explore new models" in order to survive. However, this does not mean that the industry is showi...

12 August 2008
04:17 GMT

Lenovo Notebook Business Sees Strong Q1

While ASUS' notebook business is going through a rough patch, competitor Lenovo appears to be doing quite well. The company announced today that its revenues were up 10% during the fiscal first quarter. According to the official line, the successful first quarter is due to the strong notebook sales and an expand...

8 August 2008
06:32 GMT

$60 Billion in Revenue for Bill Gates' Last Year at Microsoft

June 30, 2008 marked the last day of Bill Gates as a full-time Chairman of Microsoft and, at the same time, the end of the company's 2008 fiscal year. On July 17, the Redmond giant announced revenue of over $60.42 billion, representing a jump of 18% from the past FY. In just the fourth fiscal quarter of 2008, th...

18 July 2008
05:15 GMT

MSI to Reveal Its Plans for Computex 2008

Joseph Hsu, Micro-Star International (MSI) chairman, has recently revealed some information on the products the company plans to showcase at Computex 2008, which include motherboards and low-cost PCs. MSI is on its way to announce on June 3rd a series of new motherboards using the DrMOS over clocking and power saving...

29 May 2008
10:50 GMT

$14.45 Billion Q3 Revenue for Microsoft, $68.0 Billion by Mid-2008

On April 24, 2008, Microsoft reported what it referred to as a record third-quarter revenue of $14.45 billion. This figure is correlated with an operating income of $4.41 billion, which translates into diluted earnings per share of just $0.47. Although the Redmond company is presenting record revenue to its sharehold...

25 April 2008
03:36 GMT

AMD Posts $358 Million Loss, Foresees Better Times Ahead

AMD posted its first quarter financial results late yesterday, and the news is far from good. Despite the fact that the chip manufacturer managed to push its Barcelona server processors on the market, the company continues to face catastrophic losses reported at $358 million.Losses were expected, as Advanced Micro De...

18 April 2008
04:09 GMT

Intel Posts Revenue, Goes For AMD's Neck on Server Market

Intel has just posted its revenue for the first quarter ended March 31. Intel managed to achieve higher than expected revenue, but less profit, which should be taken as a sign that the company is starting to spend a little more. As compared to AMD, Intel is still doing fine, and it has even managed to snatch a bigger...

16 April 2008
04:22 GMT

AMD Starts Axing 10 Percent of Its Workforce and Might Split in Two

Advanced Micro Devices' president and chief operating officer Dirk Meyer has sent an e-mail message to the company's employees that justifies the upcoming layoffs rumored last month. It seems that the company is gearing up for the gloomy Q1 revenue announcements.Dirk Meyer said that the job slashing is "pai...

9 April 2008
03:48 GMT


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