Posts tagged with: Financial
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    Following a holiday season that saw it both breaking profit records and falling short of sales expectations, and its first year-on-year quarterly revenue dip in over a decade, Apple needs a box-office winner more than ever, and it needs it soon. Unfortunately, the iPhone SE is probably not it, while the Apple Watch 2 and iPhone 7/7 Plus duo still require time before entering the rocky picture. But at least one very high-profile investor looks to have lost his patience already, capitalizing on his company stock and earning a cool $2 billion paycheck amid worries Cupertino is going down. ...

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    Much like LG, Sony keeps bleeding money in the mobile tech segment while earning in many other departments more than enough to survive. Of course, LG washing machines and TVs have nothing on PlayStation hardware and software, though at the same time, there’s no Xperia on the horizon capable of the shipment numbers predicted for the modular G5 this year. All comparisons with rival companies aside, you have to applaud Sony for managing to triple (and then some) its operating income in the fiscal year ended March 31, 2016 over figures posted the previous 12 months, as well as boost earnings ...

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    Samsung and LG managed to sync up their latest quarterly financial reports, probably unintentionally, and both Korean tech giants have reason to be proud of how much money they earned overall between January and March. Strictly from a mobile point of view however, Q1 2016 wasn’t a rosy period for the nation’s eternal number two, which saw its division sales and operating income take big hits on lack of innovation, noteworthy new releases and high G5 marketing expenses. The LG G5, mind you, only launched commercially on April 1, so it’s not technically to blame for its maker’s ...

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    Facebook might only be ranked as the world’s tenth most valuable brand at the moment by Forbes, but with Apple, Microsoft and Samsung facing global smartphone demand slowdown and various other challenges, Mark Zuckerberg is probably entitled to believe he’ll someday become the leader of the largest corporate money maker. While in the long haul FB should greatly benefit from its early involvement in the fast-rising virtual reality hardware industry, as well as future artificial intelligence breakthroughs, right now you won’t be surprised in the least to hear the core social networking ...

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    Although technically both Samsung and Apple rolled out new phones unusually early this year, that turned out to be a smart business move for only one of the two tech giants and mobile industry leaders, which posted unexpectedly strong financial numbers for the past quarter. Granted, the iPhone SE launched commercially a little too late to significantly elevate its maker’s sales, revenue and profits scores for the January – March timeframe, but at the same time, it’s doubtful the 4-incher will ever match the Galaxy S7’s mainstream success. Samsung of course isn’t ready to share ...

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    Unlike Samsung, which relied on three full weeks of Galaxy S7 availability for a year-opening fiscal quarter of return to form, LG only launched the very promising new G5 flagship phone on April 1. Thus, you’d probably expect another “challenging” three months for a company more focused than ever on high-end, unapologetically expensive Android devices. But “healthy appliance sales and falling television panel prices” made for such great numbers between January and March that LG literally can’t wait to release them. For the first time in its history, the Korean tech conglomerate ...

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    HTC was down 61% in October 2012, compared to the same period of 2011, and it doesn't look like things are getting better for the Taiwanese phone maker. According to new financial figures the company has posted its lowest profit since 2004. The net income for the last quarter of 2012 was NT$1 billion ($34 million), much less than the NT$10.9 billion posted in 2011. These figures represent HTC's lowest profit recorded in the last eight years, due mainly to strong competition from Apple's iPhone and Samsung's Galaxy phones which continued to steal market share from the Taiwanese company, ...

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    HTC needs to do something, fast! Whether that means to hire a better marketing team or to release phones like the Droid DNA internationally, now, is completely up to them. Else, headlines like these will continue to pop up every month, every quarter. After crumbling profits in Q3 -- a trend lasting for a year now -- October's numbers were also 61% down compared to the same period of last year. November's figures aren't that much different either. It's a smaller regress but still, it exists. According to HTC wording, November's consolidated sales were around $732 million which is 31.4% ...

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