LG is doing well overall, which is expected as the company makes just about anything you could imagine. In fact, its earnings are at a two-year high. But the mobile division is bleeding money, as the business has reported an $82 million loss in Q2 2016.
We all know how large Google is, but the company recently reorganized itself to help ease that burden. Out of the restructuring came Alphabet, a parent company for Google and other companies that were previously under Google’s control. We’ve been waiting to see how the restructuring would affect the company and ... Read More »
With T-Mobile becoming a scrappy and ferocious competitor, the other wireless carriers are working hard to keep profits and customer bases intact. Out of all of them, Verizon looks to be faring the best, with its Q2 2015 earnings showing a steady revenue and a decreased churn rate (amount of customers ... Read More »
Most Tweeted This Week
Lenovo has announced that Motorola sold 10 million phones in Q4 2014. The number is an increase of 118 percent over Q4 2013, making a substantial leap for the company. Lenovo gave the news as a part of its FQ3 2014/2015 (Q4 2014) results. While Lenovo’s mobile division, which includes Motorola, ... Read More »
HTC confirmed today that it took a net loss of NT$3 billion ($102.1 million) during the third quarter of 2013, with revenue for the quarter finished at NT$47 billion ($1.6 billion USD). Company executives say that they’ve got a plan to turn things around, though, including a focus on moving more low-cost devices.
During a ... Read More »
Google has just released the numbers for Q2 2013, and despite missing Wall Street expectations, things are looking good. Over the quarter, Google made $14.11 billion in revenue, with $3.23 billion in income.
These numbers are up some 19 percent from Q2 2012, when Google made $12.21 billion in revenue and $2.79 billion in income. ... Read More »
Ready for another round of earnings reports? Samsung has just published their estimated Q2 earnings for all to view. Starting with the operating profit, Samsung estimates that it jumped 47 percent to 9.5 trillion Korean won ($8.3 billion US dollars). The second quarter sales were also quite good at an estimated KRW57tn ($49.9bn USD). This ... Read More »
Google has just announced their quarterly earnings for Q4 2012, and the numbers look strong.
Total revenue for Q4 2012 came in at an impressive $14.4 billion, up 36% over Q4 2011. Net income didn’t see the same growth, but is still on the rise. Profits for Q4 2011 totaled $2.71 billion, while Q4 2012 ... Read More »