Amazon announced strong Q3 2024 earnings with an 11% year-over-year revenue increase, driven by the AWS business. Operating income significantly improved across all segments.
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Apple reported record September quarter revenue of $94.9 billion, up 6% YoY, driven by strong performance in iPhones and Services. However, it also explained why net income was down.
Amazon reported its Q2 2024 results, with overall revenue up 10% year-over-year. While retail growth was modest, AWS posted 19% growth, reaching an annualized revenue of $105 billion.
Meta Reality Labs continued to incur significant losses, totaling approximately $4.48 billion in the last quarter alone, highlighting Meta's ongoing investment in AR/VR technologies.
Spotify has released its earnings for the second quarter. To put it bluntly, they are very good for the company, beating analyst expectations. It is also predicting a good third quarter.
Meta has released its second-quarter earnings report. It has seen an increase in revenues, an increase in users, and expects its third-quarter revenues to grow even higher to $32-34.5 billion.
Samsung is expected to see its lowest quarterly operating profits since Q1 2009 if its guidance figures are correct. If accurate, Samsung will see a 96% drop in operating profits year-over-year.
NVIDIA reported its results for the first quarter of its 2024 financial year. It saw its stock price surge from $305 to $380 in after-hours trading showing investors received the results well.
Disney announced during its earnings call yesterday that it will combine content from Disney+ and Hulu into a single app in the U.S. pretty soon. However, standalone apps will still be available.
Sony reported a strong year of PlayStation 5 sales, hitting a lifetime total of 38 million units sold in its financial earnings report. Last year alone it saw a half of its total sales of the console.
Amazon has continued to increase its net sales in the first quarter despite a poorer economic backdrop. Year-over-year, the company is also seeing better figures and expects this to continue into Q2.
Meta has reported year-over-year growth in revenue for the first quarter of 2023. This is despite the worsening economic outlook. Investors have responded positively with the stock up after hours.
IBM will lay off about 3,900 of its employees, equivalent to about 1.5% of the company's workforce. The tech firm will spend about $300 million to pay for the severance of eliminated staff.
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Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows.
Meta has reported its first-ever quarterly revenue drop. As a result, CEO Mark Zuckerberg told investors that he would be looking for ways that the company can do more with less resources.
Netflix has reported a decline in its total subscriber count for the first time since October 2011. The firm has attributed this to its exit from Russia and cancellations due to price hikes.
Microsoft has reported a strong first quarter of its 2022 fiscal year with a revenue of $45.3 billion. It demonstrated strong growth in cloud offerings and Windows while Surface continued to decline.
Uber has reported higher than expected losses at its second-quarter earnings call but has tried to reassure investors that it will decrease losses in Q3 and reach profitability in Q4.
Apple has reported strong results for FY21 Q3 in terms of net sales, net income, and gross margins. Services hit an all-time high while hardware sales exhibited growth across the board as well.
AMD has confirmed that the company's Zen 4 CPUs and RDNA 3 graphics products are "on-track" for a 2022 arrival. The company declared its Q2 2021 earnings last night and it has done really well.
Microsoft posted its earnings for the fourth quarter of the fiscal year 2021. Revenue was $46.2 billion, growing by 21% YoY. The firm also reported its FY21 revenue, which was $168.1 billion.
Nintendo has released its earnings report for the fiscal year 2021, which ended on March 31. The Nintendo Switch sold over 4.6 million units in the fourth quarter, hitting yet another milestone.
The last seven days have brought a very impressive earnings report from Microsoft, an increase of the cut for PC game devs, and a fix for a faulty Windows update. Be sure to catch up via our overview.
Amazon today reported the highest ever first quarter earnings of any year, making $108.5 billion in net sales, a 44% increase year-over-year. Operating income doubled to $8.9 billion.
Samsung has posted its earnings results for the first quarter of 2021, with just over $59 billion in revenue setting a new record for this period. Its phone division accounted for nearly half of that.
LG has posted its earnings results for the first quarter of 2021, with nearly $17 billion in revenue, its highest-ever recorded quarter. Losses from its phone division went down, with it closing soon.
Apple has posted its earnings results for its second quarter, with a total revenue of $89.6 billion breaking its quarterly record for this time frame. More than half of that came from iPhone sales.
Microsoft today posted its earnings for the third quarter of the fiscal year, bringing in a 19% increase in revenue YoY. Strong gaming, cloud, and Office revenues contributed to the performance.
Netflix has shared its results from the first quarter. It reported having 208 million paid accounts which are up 14% year-over-year but two million below where it hoped it would be.
As part of its financial results posted today, SOny has revealed that it sold 4.5 million units of the PlayStation 5 in 2020. The console was on the market for about a month and a half.
Nintendo has shared its earnings results for the three months ending on December 31, and the Switch has once again beaten its sales expectations, surpassing the 3DS' lifetime sales.
LG has posted its earnings results for the final quarter and the full year of 2020, with an over 30% increase in profits over 2019. However, some divisions continue to post yearly losses.
Samsung has posted its earnings results for the fourth quarter of 2020, as well as the entire year. The company has seen revenue and profit increase from 2019, despite the COVID-19 pandemic.
Today, Apple posted its earnings report for the first quarter of its 2021 fiscal year. Once again, it posted a record quarter, with $111.4 billion in revenue, mostly from iPhone sales.
Today, Microsoft posted its quarterly earnings report, showing another strong quarter. The firm brought in $43.1 billion in revenue, with the top category being More Personal Computing.
Netflix has revealed that it gained 8.5 million new subscribers in 4Q20 and a record 37 million new users over the whole year. It also expects six million new sign-up in the first quarter of 2021.
The automaker reached a significant production milestone in 2020, reaching its goal of manufacturing half a million cars during this year. A total of 499,550 EVs were delivered to customers.
Nintendo has released its earnings results for the first half of its 2021 fiscal year, posting a 209% increase in profits over 2020. The company also revised its forecast for the rest of the year.
As many other companies have done, LG has released its quarterly earnings for the third quarter of 2020, and the company has posted record-breaking revenue and profit across its divisions.
Today, Apple announced its revenue for the fourth quarter of its 2020 fiscal year. The company earned $64.7 billion in revenue, with the bulk of that, as usual, coming from iPhone sales.
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