Alphabet, Google’s parent company, has reported a total revenue of $26.1 billion, a 22 percent rise over 2015’s $21.33 billion revenue. Mobile search and YouTube surface as its primary growth drivers.
Business Tech January 30, 2017
IBM's 2016 Q4 report has beaten analyst projection by a hair with $21.77 billion earnings, up from the forecasted $21.64 billion revenue. The growth is attributed to the expansion of IBM's key businesses, which includes cloud computing and AI solutions.
Business Tech January 20, 2017
LinkedIn first-quarter profit and revenue figures surpass analyst estimates. The social network is also expanding its footprint outside of the U.S. to support its growing user base in the Asia Pacific.
Business Tech April 29, 2016
PayPal's profit and revenue rose as the e-commerce company's user base and payment volume increased. The figures for the quarter exceeded the analysts' average estimates.
Business Tech April 28, 2016
Apple's Q2 earnings dropped for the first time since 2003. The company also predicted further decline in revenue after this quarter.
Business Tech April 27, 2016
IMAX received an incredible boost in first quarter revenues and sales courtesy of Disney, Marvel and DC films. Find out just how bullish IMAX was in the first quarter of 2016.
Business April 22, 2016
The latest financial report of Blackberry showed how its revenues hardly reached analyst estimates and that Priv might not have helped either. Is this the end of its handset business?
Business April 2, 2016
A new report from the mobile marketing firm Swrve found that only 1.9 percent of mobile gamers made an in-app purchase in February 2016.
Apps/Software March 25, 2016
Tencent saw a huge increase in revenue for the fourth quarter, beating the analyst estimates by 10 percent. However, the company also reported that it has missed income because of its heavy investments in video and other content.
Business March 19, 2016
Microsoft is giving away Windows 10, its latest software upgrade. The free giveaway won’t cost Microsoft much in lost revenue, however.
Apps/Software August 18, 2015
Microsoft has reported the biggest quarterly net loss in years, no thanks to the company writing down Nokia's phone business. The accounting charge for the same was $7.5 billion and would have a psychological impact on the company.
Business July 23, 2015
Nvidia Corp. has revealed that it expects to earn $1 billion from its fast-growing cloud computing business in the next two to three years.
Money June 1, 2015
Exceptional consumer love for the iPhone, as well as App Store activity, helped Apple's bottom line for the fiscal Q2. The lone disappointment was in iPad sales, as Apple saw a 23 percent drop in sales compared to a year ago same quarter.
Money April 28, 2015
Facebook posted a revenue of $3.54 billion for the first quarter, which falls slightly short of Wall Street's expectations.
Business April 24, 2015
Sources reveal to The Wall Street Journal that despite making revenues of $4 billion in 2014, Google's YouTube is still only roughly breaking even.
Business February 26, 2015
Take-Two Interactive's revenue forecasts were too modest, as 'GTA V' and 'NBA 2K15' sold better than expected. More games, including 'GTA V's' Heists component, could help the company enjoy one of its most successful years to date.
Video Games February 4, 2015
Honda cuts 6.5 percent off its forecasted annual profit as the company prepares millions of dollars to cover expenses of its airbag recall program. It now expects to gain $6.1 billion in operating profit.
FUTURE TECH January 30, 2015
Thought Microsoft purchasing Minecraft was a bad idea? Think again. The game helped the company increase its first party video game revenue by 79 percent.
Geek January 28, 2015
For the quarter ended Dec. 31, 2014, Microsoft only shipped 6.6 million units of its Xbox gaming console despite a "strong holiday season performance." The platform revenue also slid to $703 million owing to low shipments and transition to Xbox One.
Video Games January 28, 2015
While Microsoft was able to increase sales by 8 percent to $26.47 billion, it was not able to translate the higher figure to better profits.
Business January 27, 2015
Nokia has announced a year-on-year increase in its net profits, suggesting the company is finally starting to bounce back after selling its smartphone business to Microsoft. Nokia's Here mapping service is enjoying a robust license business.
Phones/Tablets/Mobile Tech October 23, 2014
Apple CEO calls the company's most recent quarter 'one for the record books.' Strong demand for iPhones keeps the revenue streaming in.
Money October 21, 2014
Snapchat is in discussions with media companies and advertisers for content on the rumored Snapchat Discovery service, which will allow the messaging app to finally generate revenue.
Apps/Software August 21, 2014
Snapchat is looking to get into the revenue-generating business by adding ads to its messaging app. It will also add news articles, all of which will disappear like photos.
Apps/Software August 20, 2014
Microsoft's Windows Phones are not tops in the market, garnering only a 2.5 percent share. That's not good news for the company that only recently acquired Nokia.
Phones/Tablets/Mobile Tech August 18, 2014
Dish Network is reporting an increase in second quarter revenue as the company has been able to keep a number of subscribers. The report is better than expected for the satellite television operator.
Business August 6, 2014
Twitter reveals unexpected spike in both users and earnings for the second quarter. That is good news for a company that had been in a slow decline for the past 12 months.
Internet July 30, 2014
Google reported strength and growth in revenue jumps, which has calmed analyst fears of mobile ad performance. A top executive is leaving for SoftBank.
Money July 18, 2014
Riverbed Technology is facing worse than expected revenue for the second quarter. It says it's due to delays in major North American deals.
Money July 14, 2014
Big-ticket server market took a global hit in this year's first quarter, IDC says in quarterly report. But they expect a rebound in the coming years.
Computers June 23, 2014
PS4 continues its optimistic run, with Sony CEO Kazuo Hirai saying the system is already profitable. That is good news for a company expected to see losses this fiscal year.
Video Games May 25, 2014
Candy Crush will launch its initial public offering this year. But will it have a sweet start?
Business March 24, 2014
Best Buy's Q4 and year-end profit came on lower revenues and the company does not expect a repeat of this quarter for at least the next several months. Best Buy cited the flagging consumer electronics category as the prime problem moving forward.
Business February 27, 2014
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