SpaceX's Starlink service is estimated to generate billions in revenues and achieve profitability for the first time in 2024, just five years after launching the first batch of satellites.
Profit RSS
Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research.
_medium.jpg)
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.
_medium.jpg)
Instagram has increased the lowest daily limit to 30 minutes. Prior, you could set the app usage limit to 15 minutes but that option is no longer available. The move should help bolster revenues.
Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics.
Due to the surge in demand for computing peripherals amidst the COVID-19 pandemic, Logitech reported a 13.6% rise in quarterly sales—a rise to $709.2 million from $624.3 million a year earlier.
The smartphone manufacturer's sales for Q2 2018 were down from the first quarter and below analyst expectations and relatively slow sales of its Galaxy S9 smartphones could be to blame.
Samsung has posted a strong earnings guidance for this quarter, saying that it made over $50 billion in sales. It also boasts nearly $15 billion in operating profit, likely due to its chip business.
Samsung has announced its Q4 and full year 2017 earnings. The company's profits were driven by its memory business but it also saw good sales for premium OLED displays and high-end smartphones.
The South Korean giant's shares are already surging in value and are expected to climb as forecasts suggest profits exceeding expectations when earnings for the third quarter are posted.
After a long and difficult road to profitability, Sony has finally returned to the black after it reported its latest financial results for the quarter ending June 30 thanks to its Imaging division.
Samsung has posted a surprisingly positive financial report, outperforming even its own expectations, while also being more profitable than Apple for Q2 overall, and leaping Intel in the chip market.
The huge £2.1bn fine imposed on Google's parent company by the European Union has, unsurprisingly, affected its profit, even as the company exceeded expectations in its latest earnings call.
Samsung expects to post record profits of $12.1 billion for Q2 and may surpass Apple for the first time ever, with Cupertino expected to post a profit of $10.49 billion for the same quarter.
While many people believe the $499 price of the Xbox One X to be too steep, Microsoft has revealed that it won't be selling the console at a profit at all. It expects revenue from selling games.
A report by a security firm recently explored the recent trends when it comes to the Cerber ransomware. It has discovered that the developers and affiliates earn almost $1 million per year in profit.
Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year.
Seagate has ended its most recent financial quarter on a high note with the company beating its own revenue and profit expectations. But it also announced it will lay off 6,500 workers.
Facebook posted its earnings for the first financial quarter of 2016, and the company blew past all the analysts' expectations. It saw startling growth in mobile ad revenue and users.
Sony has posted a profit of $1.3 billion for the entire 2015 fiscal year, which ended March 31st. The company's PlayStation 4 console sales surged to 17.7 million units, surpassing expectations.
Microsoft's Q3 2016 earnings were disappointing according to investors and the company's stock has taken a quick dive. However, its future outlook is considered stable and encouraging.
According to the company's co-founder, Apple should be paying its fair share in taxes. This, after allegations from both the EU and US that the company has been dodging billions in owed taxes.
Today Microsoft has posted its latest financial report. This is for the second quarter of the company's 2016 financial year and it covers Microsoft's holiday sales and its Windows 10 marketing push.
Samsung is warning its employees and investors that recent struggles it has faced in terms of profits and sales won't be ending anytime soon and that 2016 looks set to be a very uncertain year.
Toshiba's CEO, Hisao Tanaka, alongside other top-level executives, have resigned their positions after it came to light that Toshiba had declared $1.2 billion in false profits over the last six years.
In its latest financial guidance reports, Samsung warns that it's on course to miss its targets for the second quarter of 2015. This is despite the positive reception to the company's new flagships.
Samsung is warning investors of a continued trend of decline in both profits and revenue for the first quarter of this year. However, the company looks set to fare better later this year.
It's hard to imagine that YouTube, as ubiquitous and gigantic as it is, has never turned a profit. But that's exactly what a new report explains, alongside the myriad challenges that the site faces.
Microsoft's stock took a nosedive in after hours trading despite its seemingly successful quarterly results. What's got investors in a panic when everything seems to be going well? Windows, of course.
Microsoft's board approved a dividend rate of $0.31 per share, an amount equal to last quarter's payout. It's been a great fiscal year for the company so high dividend were expected by investors.
After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone.
Samsung has revealed plans to launch two high-end smartphones in hope of recovering from its Q2 $1bn profit loss. The flagship will be a likely addition to the popular Galaxy Note line.
According to its CFO, the Taiwanese smartphone manufacturer will see its sales and revenue decline during the third quarter of 2014. However, Mr. Chang believes in his company's upcoming products.
If you work at Microsoft, based on 2013 figures, each person generated $220,800 in net income and $786,400 in revenue - but that is far less than the company's leading rivals, Google and Apple.
Samsung has forecasted a third consecutive operating profit loss, down 25% for the same period last year. It blames a slowdown in smartphone growth in Europe and China due to increased competition.
Unlike its previous two game consoles, Microsoft doesn't plan to sell the Xbox One at a loss at launch. Instead, it will break even or achieve a small profit for each console sold "at worst."
Facebook comment spam can be annoying to encounter, but a group of Italian researchers believe it to be worth up to $200 million annually, with some spammers setting up pages to earn even more money.
Despite being a massive global retailer, Amazon has shocked with the announcement that they have recorded a loss for the quarter, due to increased spending on their own infrastructure.
HTC has seen a dramatic drop both in its revenue and its profits. These declines are due in part to supply issues with their brand new HTC One. The company is optimistic even though it is struggling
Samsung and Apple go head to head via their latest earnings reports and the Korean company is winning. It has reportedly sold nearly twice as many devices as Apple and its profits soared.
