Earnings
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Apple continued at a good clip in iPhone 6 and 6s sales during its fourth fiscal quarter 2015, hitting 48 million units sold. That’s up from 47.5 million in Q3 and a year-over-year increase from Q4 2014 at about 39 million units sold, though slightly down from analysts’ expectations at 48.5 million. Read More
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Today following the bell, Alaphabet reported its third-quarter financial performance, including revenue of $18.68 billion in revenue, and adjusted per-share profit of $7.35. Analysts had expected the company to earn an adjusted $7.21 on revenue of $18.53 billion. The company’s revenue ticked up 13 percent compared to its year-ago quarter. Cash flow sits at a strong $6 billion. Up over… Read More
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At a time when there are a lot of questions about the company’s future, VMWare beat analyst expectations with $1.02 in non-GAAP earnings per share compared to expectations of $1. The company reported $1.67 billion in revenue, up 14 percent year-over-year, beating expectations of $1.66 billion. Read More
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Today following the bell, Intel reported its third-quarter financial performance, including revenue of $14.5 billion and earnings per share of $0.64. Following its earnings beat, shares in the chip giant initially rose.
Analysts had expected Intel to report a $0.59 per-share profit, off revenue of $14.2 billion. Those expectations represented a 10.6 percent decline and a 2.3 percent fall… Read More
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Quick hit here, friends. After Box, a cloud storage and file sharing shop, reported better-than-expected earnings yesterday, its shares suffered despite a generally positive session for domestic equities.
This is slightly surprising, given that Box enjoyed a healthy multi-point bump Read More
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Hello friends and welcome back to another episode of CrunchWeek, TechCrunch’s recurring roundup of the biggest tech stories of the week. This week our humble band delved into recent earnings by Etsy and Fitbit, Twitter’s share price declines, hints about the social company’s next CEO, and, of course, that VR thing you might have heard of. Read More
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Mobile messaging app Line saw its revenue decrease quarter-on-quarter for the first time as the Japanese company battles to grow its user base amid increased competition worldwide. The company, which saw its monthly active user count rise by 6 million to 211 million, posted revenues of 27.8 billion JPY ($224 million) for Q2 2015. That represents a 37 percent year-on-year increase, but a 1… Read More
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People aren’t using Facebook less, according to its new earnings report. Facebook recovered from last quarter’s miss, beating the street’s estimates in Q2 2015 with $4.04 billion in revenue and $0.50 earnings per share. Facebook now has 1.49 billion monthly users, up 3.47 percent quarter over quarter, which was a bit slower than Q1’s 3.6 percent growth. Read More
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Korea’s LG shipped a (then) record 14.5 million smartphones in the second quarter of 2014, but now, a year later, it’s a different story. The firm just revealed its Q2 2015 financials and, while not as disastrous as HTC’s, the company itself describes them as “modest.” Read More
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Less than a month after the launch of streaming service Apple Music, Apple’s CEO Tim Cook announced that “Millions and millions of customers are already experiencing Apple Music and the number is growing substantially every day” as part of today’s poorly-received Q3 earnings report. The question will be how many users continue to pay once their free trials expire and… Read More
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