Articles about earnings

Google shares surf ad-destroying mobile tsunami to RECORD HIGH

The shift to mobile gadgets is eating into advertising revenue worldwide – but that hasn't stopped ad giant Google reporting whopping sales of $14.89bn, driving its shares to a record high. The web advert-slinger today reported its earnings for the third quarter of 2013, and showed growth in key lines of its business. The …
Jack Clark, 17 Oct 2013

China, an untapped land of opportunity for the West - EXCEPT IBM

IBM's third-quarter earnings for 2013 missed estimates by a billion dollars, thanks to an ugly environment in China and continuing weakness in the company's hardware division. The technology giant reported a net income of $4bn from revenues of $23.7bn on Wednesday, representing a rise in profits by 5.7 percent on the same …
Jack Clark, 16 Oct 2013
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Intel slumps into mud despite lobbing Internet-of-Things, etc at buyers

Intel has reported modest growth in its financial results for the third quarter of 2013 over the previous three months. But measured against this time last year, the chip giant has barely grown at all. Revenues grew five per cent on the second quarter of 2013 to $13.5bn, giving it an earnings per share of 58 cents, and an …
Iain Thomson, 15 Oct 2013
Oracle Termites

Oracle revenues miss expectations – AGAIN

Oracle posted lower than expected revenue for the first quarter of its 2014 financial year, making it the third consecutive quarter that the database giant has missed analyst expectations. Oracle announced revenues of $8.38bn and earnings per share of 59 cents on Wednesday, compared to the $8.48bn and EPS of 56 cents that the …
Jack Clark, 18 Sep 2013

More brutal PC numbers from Dell as revenues stay flat, profits sink

Dell announced its second-quarter earnings for fiscal 2014 on Thursday – five days early – and delivered a report that met analysts' expectations but once again showed a company struggling to remain profitable in the face of woeful trends in the PC industry. This was the second quarter in a row that Dell announced its results …
Neil McAllister, 15 Aug 2013
axe_channel_teaser

Cisco readies axe for 4,000 employees

4,000 heads will roll at Cisco, as the networking giant prepares for another lean year in an IT market still recovering from the aftershocks of the global recession. The company's chief executive, John Chambers, announced the cuts alongside Cisco's financial results for Q4 2013 on a conference call on Wednesday. Cisco shares …
Jack Clark, 14 Aug 2013

Amazon's cloud revenues rocket up as company posts loss

Amazon's cloud division has contributed to over $1.6 billion in revenue in the e-retailer's nebulous "Other" category this year, as Bezos & Co.'s cloud continues its vertiginous rise. The "Other" category added $892m to Amazon's revenues in the second quarter of 2013, according to figures from the company's Q2 2013 earnings, …
Jack Clark, 25 Jul 2013

Amazon's profit-eating machine revs into overdrive

Shares in e-retailer Amazon inched down over 2 per cent in after-hours trading after the company reported a net loss in its second quarter and forecast problems in its third quarter, currently underway. Amazon's great profit-eating machine was on full display on Wednesday, when the mega e-tailer's vast revenues failed to stop …
Jack Clark, 25 Jul 2013

VMware squeezes customers for stellar quarter

Despite a wave of executive departures, questions over its ability to make money arming cloud vendors, and a dismal economy at home and abroad, VMware has reported a solid set of financial results, though slow growth in software licensing points to storms ahead. The virtualization company reported combined revenues of $1.24bn …
Jack Clark, 23 Jul 2013

Google exhales another $14bn revenue figure

Google reported hefty earnings of $14.11bn on Monday for the second quarter of its fiscal year, up 19 per cent on the same quarter a year ago. The growth was even ahead of last quarter's $13.97bn, though that had been down on Q4 2012's $14.42bn and Q3's $14.10bn. Net income was $3.23bn, down slightly on quarter one's $3.35bn …
Jack Clark, 18 Jul 2013
Samsung Galaxy S4

Galaxy S4 phondleslab selling like lukewarm cakes, analysts reckon

Samsung Electronics shares have slid nearly three per cent as investors anticipate weaker-than-expected results for the last quarter. A number of analysts have lowered their expectations for the mighty Korean chaebol, saying that they now think fewer smartphones than forecast have shipped and profits will be less than …
The Register breaking news

Peak Apple: First 'profit slip' in a decade - and, boy, it's gonna be BIG

Apple will reveal its first profit fall in a decade when it unveils its quarterly earnings later today, analysts say. According to Bloomberg, Apple's fiscal second-quarter income will probably have declined by 18 percent, year on year, to $9.53 billion. And even though revenue may be up 8 percent to $42.4 billion, this is the …
Jasper Hamill, 23 Apr 2013
The Register breaking news

Another quarter, another $14bn in revenue for Google

Google announced an impressive start for its fiscal 2013 on Thursday, reporting first-quarter revenues of $13.97bn – an eyebrow-raising 31 per cent increase from the same quarter last year. That growth was perhaps not quite so remarkable, however, when you consider that the online ad giant also pulled in $14.42bn in Q4 of 2012 …
Neil McAllister, 18 Apr 2013
wall_street

Red Hat revenues rise but not enough for Wall Street

Red Hat is growing like a weed, and thinks that in a few years open source cloud computing could be worth more to it than the entire Linux market. The open source firm reported revenues of $348m on Wednesday for its fiscal Q4 2013, up 17 per cent year over year. Though the earnings saw big increases year-over-year, they were …
Jack Clark, 27 Mar 2013
Larry Ellison

Oracle's hardware wing keeps on bleeding

Oracle's shares dropped 7 per cent in after-hours trading in response to an quarterly earnings report that showed muted adoption for its latest software offerings and a continued shrinkage in its troubled hardware division. The database giant reported on Wednesday third quarter earnings of $2.504bn on revenues of $8.958bn – …
Jack Clark, 20 Mar 2013
Huawei campus Shenzhen

Huawei set to leapfrog Ericsson ... if the sums add up

Chinese telecoms kit maker Huawei could be set to leapfrog market leader Ericsson after it estimated 2012 revenue will jump eight per cent year-on-year to 220.2 billion yuan (£22.4bn). The Shenzhen-based company released unaudited results yesterday in which it said it expected profits to surge 33 per cent from 2011 to reach 15 …
Phil Muncaster, 22 Jan 2013

Apple squeaks over revenue estimates, misses earnings target

Apple reported revenues in its fourth fiscal quarter that topped the Wall Street moneymen's predictions – but only barely. Its earnings per share, however, came in lower than most predictions. Cupertino posted quarterly revenue of $36bn, which resulted in a quarterly earnings-per-share (EPS) of $8.67. According to the 47 …
Rik Myslewski, 25 Oct 2012

Microsoft reports low Q1 earnings on sluggish PC sales

Microsoft had an unremarkable quarter during the three months ending September 30, with a soft PC market contributing to low earnings in advance of a raft of highly anticipated Redmond product launches that will begin later this year and continue through 2013. On Thursday, the software giant posted a profit of $4.47bn on …
Neil McAllister, 19 Oct 2012

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