Earnings

  • GoPro Drops 4% After Reporting Better Than Expected Q1 Profit And Revenue

    GoPro Drops 4% After Reporting Better Than Expected Q1 Profit And Revenue

    GoPro made money last quarter, beat on revenue and is still down after hours. The company reported $363.1 million in first-quarter revenue, and net income of $16.75 million, is off 4 percent after regular trading pushed its shares up by the same percentage. Why is it trading down? It isn’t wildly clear, to be frank. The market expected that the company would generate less revenue… Read More

  • Twitter Collapses 18% In Wake Of Lackluster Q1 Revenue, User Growth

    Twitter Collapses 18% In Wake Of Lackluster Q1 Revenue, User Growth

    In a bizarre leak, Twitter’s first quarter earnings made it onto the Internet — read: Twitter — before the cessation of regular trading, sending the company’s shares sharply lower. Trading was halted for a period. The company reported revenue of $436 million, an increase of 74 percent on a year-over-year basis. That number missed the company’s own guidance, as well… Read More

  • Let’s Impair That Goodwill

    Let’s Impair That Goodwill

    Caveat Ballmer, or something. Microsoft made waves recently by disclosing in its quarterly 10-Q document that its Phone business, which generates billions in yearly revenue, isn’t performing as well as it expected. As Microsoft is carrying billions of dollars of goodwill related to the Nokia purchase on its books, the warning landed like a brick in a puddle of lukewarm slop. Read More

  • Apple Revenues In China Soar 71% In Q2

    Apple Revenues In China Soar 71% In Q2

    Apple is tearing it up in China. During its second quarter, the company saw 71 percent revenue growth in the locale, and the company is widely thought to have sold more iPhones there than in the United States. Notably, the company’s Chinese revenue came in second place to Europe’s during the first quarter, losing $17.2 billion to $16.1 billion. In the most recent quarter, the second… Read More

  • Apple Mac Sales Up 10% YoY Despite Global Decline In PC Shipments

    Apple Mac Sales Up 10% YoY Despite Global Decline In PC Shipments

    Apple sold approximately 4.6 million Macs this quarter, according to the company’s Q2 2015 earnings report, released today. This represents year-over-year growth of 10 percent, with 4.1 million Macs sold in the same quarter last year. Last quarter, over the holidays, Apple sold 5.5 million Macs, meaning that Apple Mac sales declined by 17 percent quarterly. Read More

  • Apple’s 61M iPhone Sales Lead Q2 2015 Hardware Performance

    Apple’s 61M iPhone Sales Lead Q2 2015 Hardware Performance

    Apple’s iPhone 6 and 6 Plus continue their hit parade, building on a massive first quarter of 2015 with a very strong second quarter total of 61.2 million handsets sold. This isn’t an all-time quarterly record, but it’s normal to see a slight decrease quarter-over-quarter coming out of a launch sales period, and this is a huge increase year-over-year compared to the 43.7… Read More

  • Apple Beats In Q2 2015 With $58B Revenue, $13.6B Profit And $2.33 EPS

    Apple Beats In Q2 2015 With $58B Revenue, $13.6B Profit And $2.33 EPS

    Apple has just released its fiscal Q2 2015 earnings, reporting $58 billion in revenue, $13.6 billion in net profit representing $2.33 per share. Compared to the year-ago quarter, it corresponds to a growth of 27.2 percent in revenue, and an impressive 40.4 percent jump in EPS (adjusted for the 7-for-1 split). Expectations were pretty high following Apple’s blockbuster quarter three… Read More

  • Microsoft And Google Battle Once Again For Title Of Second Most Valuable Tech Company

    Microsoft And Google Battle Once Again For Title Of Second Most Valuable Tech Company

    They’re back at it. After reporting earnings yesterday, Google and Microsoft are once again locked in their long-running battle for second. Apple, the most valuable technology company, is also the most valuable company in the world, with Google and Microsoft rounding off the top three. Google, up 3.56 percent as of the time of writing, is currently worth $385.59 billion. Microsoft, up… Read More

  • Microsoft Beats In Its FQ3 With Revenue Of $21.7B, EPS Of $0.61

    Microsoft Beats In Its FQ3 With Revenue Of $21.7B, EPS Of $0.61

    Today following the bell, Microsoft reported its fiscal third quarter financial results, including revenue of $21.7 billion and earnings per share of $0.61. The street had expected Microsoft to earn $0.51 per share on revenue of $21.06 billion. Microsoft, up a point in regular trading, is now up just under three percent in after-hours trading following its earnings beat. Compared to its… Read More