financial results Archives - Stuff

financial results

After a stratospheric 21-year run, gravity has finally caught up with Apple’s share price

Wow. After a charmed 21-year stratospheric run, gravity has finally caught up with Apple’s share price. It has grown steadily since Steve Jobs took over in 1997, and became not only the most valuable listed company in the world, but the first to hit the unprecedented US$1-trillion mark last August. Until last week. In a 1,400-word letter to investors, CEO Tim Cook that Apple was expecting a ...[Read More]

Samsung also expects profits, revenues to decline for Q4 2018

If you thought that Apple was the only major tech company with some unexpected losses for the end of 2018, first of all: That’s an awfully specific thing to be thinking. Secondly, Samsung is now also reporting that it’s expecting a decline in revenue and profits for the quarter ending 31 December 2018. The tech giant released new guidance to investors, saying that it was going to miss ...[Read More]

Apple’s reduced revenues are about more than economic slowdown – it’s about the competition

If you’re still in holiday mode, eschewing all forms of tech (and thus reading this late), you may not realise that Apple’s value took a bit of a knock in the last week. The result of the first decline in revenues for the company in sixteen years, the news that Apple was not going to reach its estimated target of $89 to $93 billion for the past quarter wiped $55 billion off the value o...[Read More]

Surprise, surprise: Apple has had a(nother) record first quarter

Apple has a sometimes confusing financial year. Their first quarter of their 2017 financial calendar ended on 31 December 2016, meaning that our Q4 2016 is Apple’s Q1 of the following year. It doesn’t make logical sense but from a reporting perspective it lets the company start each year with a bang. And bang they have, reporting a record Q1 2017. And when Apple sets a record, you have...[Read More]

Could we be looking at a price drop for the Galaxy S6 and S6 Edge?

We love Samsung’s Galaxy S6 and the S6 Edge, though we were less than enamoured by the cost of the handsets. And they have recently reported their Q2 2015 financial results. These two sentences are related. While Samsung didn’t have their greatest ever quarter, reporting that their profits are down by 8% compared to this time last year, there was an interesting bit of info revealed for...[Read More]

Apple’s Q1 financial results are out (and they’re huge)

Okay Apple, can we have a loan? It’s not like you can’t afford it these days, especially after posting record financial results for the first quarter of 2015. Let’s start with the bigger, smaller number first. Apple has recorded a stellar round of net profit for Q1 2015 of $18 billion, up some $5 billion from the same quarter last year. In order to achieve this total, Cupertino h...[Read More]

LG ships 20% more smartphones than 2013 in record quarter

Smartphone and appliance maker LG have had a very, very good quarter indeed according to their posted financial results for the second quarter of 2014. Just how good, you ask? The company is reporting a 165% increase in net profit over Q2 2013, helped along by some record sales of smartphones as well as increases across the board. LG sold larger numbers of TV sets and appliances compared to this t...[Read More]

Vodacom posts year-end financial results, revenue and customers up

Mobile service provider Vodacom has posted preliminary financial results for the year ending 31 March 2014, showing growth across revenue and active subscribers compared to last year. The company overall increased its revenue by 8.3%, according to information provided by Vodacom, while the company as a whole now boasts 57.5 million customers, an increase over the year of 7 million users. In South ...[Read More]

Google’s Q1 financial results just below revenue estimates

Google has reported its financial results for the first quarter of 2014 and while the company has come in below revenue and earnings estimates, the miss isn’t all that large. Especially when you consider that Google is up 19% on last year’s totals. Google was expected to post revenues of $15.52 billion for the period, with earnings of $6.42 per share thought to be on the cards. The com...[Read More]

Nintendo’s execs to take salary cut following poor Wii U sales

It’s no surprise that things at Nintendo aren’t going well. Sales of the Wii U have been anything but stellar, with only 2.8 million units sold worldwide in 2013. This is in stark contrast to the 3.06 million units sold in just a couple of months to early adopters in 2012. Amidst the poor market performance, Nintendo announced that the company president, Satoru Iwata, will take a 50 percent price ...[Read More]

LG scores improved profits from TVs in Q4, plans to update its flagship phone

LG have released their financial results for the fourth quarter of 2013, doubling their 2012 operating profit for the quarter thanks to improved sales of televisions. The company posted an operating profit of $220 million for the period. That didn’t stop them from experiencing a net loss of $59 million for the fourth quarter of 2013, something that has been placed at the door of aggressive m...[Read More]

Nintendo’s financials show a loss in spite of improved hardware sales

Japanese gaming hardware and software developer Nintendo have released the details of their latest quarter and while there have been improvements in the area of hardware sales, the company still posted a loss for the period. There have been improved sales of Nintendo’s Wii U console following a price drop earlier this year but the hardware numbers have only climbed by another 300,000 new use...[Read More]

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