Maybe Apple does not need to launch any new products. The company today announced its Q2 FY 2014 financial results with revenues of US$45.6 billion and a net profit of US$10.2 billion. In comparison, revenues hit US$43.6 billion and profits US$9.5 billion the same quarter a year ago. Even its gross margin rose from 37.5 percent the same quarter a […]
Financial results
HTC posts loss with Q1 2014 financial results
The HTC One (M8) cannot launch fast enough for HTC. The beleaguered company recorded its second loss in three quarters today as it released unaudited financial results for the first quarter of 2014. Quarterly revenues came in at NT$33.12 billion (about CA$1.2 billion), resulting in a net loss of NT$1.88 billion (about CA$70 million). If there is good news to […]
BlackBerry announces Q4 FY 2014 financial results
The BlackBerry Q4 FY 2014 financial results are out this morning and it’s clear that the company is still fighting for its survival. Revenues for its Q4 FY2014 came in at US$976 million, down US$217 or 18% over the previous quarter’s revenues of US$1.2 billion and down 64% from US$2.7 billion the same quarter a year ago. That was enough […]
VimpelCom writes down value of WIND Mobile to zero
The future of WIND Mobile is a little cloudier today after parent company VimpelCom announced that it had written down its investment in the Canadian carrier down to zero. It attributed its FY 2013 Q4 net loss to “non-cash impairment charges taken on our assets in Ukraine and Canada.” The writedown for Canada was valued at US$768 million. VimpelCom added […]
HTC ekes out small profit with Q4 FY2013 financial results
HTC today announced its Q4 FY2013 financial results. While it managed to eke out a small profit of NT$0.31 billion (about CA$11.3 million) on revenues of NT$42.9 billion (about CA$1.56 billion), the company saw sales decline again over the same quarter a year ago in what it typically a strong quarter with the holiday shopping season. With an operating margin […]
Sony ships 10.7 million Xperia smartphones in Q3 FY2013
Sony Corporation today announced its Q3 FY2013 financial results. Revenues came in at ¥2.41 trillion (about CA$26 billion), a 23.9% increase over the same quarter a year ago with profits hitting ¥27 billion ($290 million). Helping its numbers was a “significant increase in sales of smartphones.” Despite the profit, Sony now expects to record a net loss of ¥110 billion […]
Google reports US$16.86 billion in Q4 revenues and “very strong” Nexus 5 sales
Google today announced financial results both for Q4 2013 and the entire fiscal year that ended December 31, 2013. Q4 revenues came in at US$16.86 billion with a profit of US$3.38 billion. Advertising remains Google’s main revenue driver and paid clicks were up 31% over 2012 even as the cost per click fell 11% over the same period. But hardware […]
Apple ships record number of iPhones and iPads in latest quarter
Apple has once again smashed its iPhone and iPad shipment records. The company today announced its fiscal 2014 first quarter financial results and once again announced numbers that any other company making smartphones or tablets would kill to have. In the quarter that ended on December 28, 2013, Apple posted revenues of US$57.6 billion, another company record, and a quarterly […]