Posts Tagged ‘Financial’
BlackBerry shipments break record in Q3, RIM profits jump 59 percent
Posted by: Gadget Boy in Gadget News, Technology on December 18th, 2009
RIM being a thriving and profitable company is hardly a new story — as confirmed by third quarter earnings of $628 million off the back of a record-breaking 10 million units sold — but the way it’s making its money seems to be changing. More than 80 percent of new BlackBerry subscribers in the quarter were private customers, marking a distinct shift — maybe not away from the corporate arena, but definitely toward embracing the consumer market. In an effort to further consolidate its global empire, RIM has also announced a partnership with China Telecom to go along with its earlier China Mobile deal. Oh, and there’s the small matter of the 75 millionth BlackBerry being sold, but we’re sure the cool cats up in BB HQ aren’t counting handsets, they’re probably too busy rolling around in piles of money.
BlackBerry shipments break record in Q3, RIM profits jump 59 percent originally appeared on Engadget on Fri, 18 Dec 2009 09:41:00 EST. Please see our terms for use of feeds.
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Nintendo profits sink on declining console sales, weak game selection
Posted by: Gadget Boy in Gadget News on October 29th, 2009
Nintendo profits sink on declining console sales, weak game selection originally appeared on Engadget on Thu, 29 Oct 2009 06:18:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | CommentsMicrosoft first-quarter income down 18 percent, still beats expectations
Posted by: Gadget Boy in Gadget News on October 23rd, 2009
Microsoft just turned in its first quarter financial report card, and while the good vibes around Windows 7 launch haven't yet begun to fade, the numbers here aren't exactly cheery: revenue is down 14 percent from last year at $12.92b, operating income is down 25 percent at $4.48b, net income is down 18 percent at $3.57b, and earnings per share are down 17 percent at $0.40. Not wonderful, but it's better than analysts were expecting, and the stock is actually way up on the news. Adding in the deferred revenue from early sales of Windows 7 makes things look a little better still, with only a four percent decline in revenue and an eight percent increase in earnings per share, and the Entertainment and Devices Division -- home of the Xbox 360 and Zune HD -- is also a bright spot, increasing income from $159m to $312m on essentially unchanged revenue. Of course, the big test will actually be next quarter, after Windows 7 has really had a chance to make an impact -- we'll see if all these warm fuzzies translate into cold hard cash.Filed under: Misc. Gadgets
Microsoft first-quarter income down 18 percent, still beats expectations originally appeared on Engadget on Fri, 23 Oct 2009 11:17:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | CommentsApple Stock Hits All-Time High, Flouts Recession [Apple]
Posted by: Gadget Boy in Gadget News on October 22nd, 2009
Apple's stock has hit a personal high for the company at $205.04 per share, up from its previous high of $202.96 back in 2007. The company's overall value is rated at $183 billion (Microsoft is $236 billion, in comparison). [BusinessWeek]
Nokia posts $834 million quarterly loss, smartphone share down to 35%
Posted by: Gadget Boy in Gadget News on October 15th, 2009
Read -- First loss in a decade
Read -- Nokia Q3 statement
Filed under: Cellphones
Nokia posts $834 million quarterly loss, smartphone share down to 35% originally appeared on Engadget on Thu, 15 Oct 2009 08:12:00 EST. Please see our terms for use of feeds.
Permalink | Email this | CommentsHow the Hell Is HTC Hurting Right Now? [Htc]
Posted by: Gadget Boy in Gadget News on October 8th, 2009
Endless hardware rumors. A dedicated fanbase. The best Android phones around. How is it that HTC, a company that people actually like, and which looks like it's doing so well from where we all stand, is hemorrhaging profit?
Q3 financials are in, and they show nothing but pain:
Smartphone maker HTC Corp reported Tuesday an 18% drop in third-quarter net profit... The company, the world's largest maker of phones using Microsoft Corp.'s operating system by shipments, said its net profit for the three months ended Sept. 30 fell to NT$5.76 billion (US$179.0 million) from NT$6.99 billion a year earlier.
This is worse than predicted. So OK, let's think: What could it be? Look closely:
The company, the world's largest maker of phones using Microsoft Corp.'s operating system by shipments
Ah, right, this. As much publicity as HTC's Android phones get from the tech press, they're still a Windows Mobile company at their core, a fact which is becoming more ballast than fuel. That, combined with all the money they're spending on changing that, i.e. marketing their Android push, makes being HTC right now a pricey proposition. Pull through, guys! Then you can put Android on the Touch HD2 and we can all go home happy. If that's not your plan, somehow, then kindly sulk off and die. [WSJ]
Palm announces first quarter results: $2.8m profit on $68m revenue
Posted by: Gadget Boy in Gadget News on September 17th, 2009
Palm just announced its first quarter results -- the first to really include numbers from the Pre -- and they're positive, with a $2.8m profit on $68m in revenue. Actually, that's a little low, since Palm uses the same sort of subscription accounting for the Pre as Apple does for the iPhone, so the unofficial numbers are higher: $100.6m profit on $360.7m in revenue. Although Palm wouldn't include break out specific sales data, they did say that the "vast majority" of the 823,000 phones they sold in Q1 were Pres, so take that as you will. Oh, and if you were still holding out hope for more Palm WinMo phones, it's all over -- Palm is doing 100 percent webOS development from now on. (Shocker!). Johnny Rubes and the rest of the gang are taking questions now, we'll update if anything interesting happens.Update 1: Rubinstein deftly sidestepped the question of why Pixi was launched on Sprint as opposed to another carrier, saying "They're a great partner and we're looking forward to a great holiday season."
Update 2: Asked about MOTOBLUR, Jon said "I don't know much about MOTOBLUR, but I think to build really great products, you have to control the entire experience -- you have to own the OS and the services around it."
Developing...
Filed under: Cellphones
Palm announces first quarter results: $2.8m profit on $68m revenue originally appeared on Engadget on Thu, 17 Sep 2009 16:51:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | CommentsSprint loses $384m, 257k subscribers in first quarter of Pre availability
Posted by: Gadget Boy in Gadget News on July 29th, 2009
Filed under: Cellphones, Wireless
Sprint loses $384m, 257k subscribers in first quarter of Pre availability originally appeared on Engadget on Wed, 29 Jul 2009 11:44:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | CommentsMicrosoft sees first annual sales decline in its history for fiscal 2009
Posted by: Gadget Boy in Gadget News on July 23rd, 2009
Filed under: Desktops, Laptops, Software
Microsoft sees first annual sales decline in its history for fiscal 2009 originally appeared on Engadget on Thu, 23 Jul 2009 18:12:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | CommentsNokia cuts market share targets as Q2 profits plummet
Posted by: Gadget Boy in Gadget News on July 16th, 2009
Filed under: Cellphones
Nokia cuts market share targets as Q2 profits plummet originally appeared on Engadget on Thu, 16 Jul 2009 06:53:00 EST. Please see our terms for use of feeds.
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