Sales of Apple’s iPhone 6 and iPhone 6 Plus are thought to have remained incredibly strong during the first calendar quarter of 2015, but that seemingly wasn’t enough to hold Samsung and HTC back from showing some serious signs of life. Both Android phone makers posted their unaudited first-quarter results early Tuesday morning, and both companies impressed investors with better-than-expected numbers. More →
Apple’s results for the fiscal first quarter of 2015 are easily the most hotly anticipated earnings report of the season. On the back of the company’s iPhone 6 and iPhone 6 Plus launch in mid-September, the holiday quarter marks Apple’s first full quarter of next-generation iPhone sales. With pent-up demand for iPhones with larger displays and a record holiday shopping season in 2014, expectations were sky-high ahead of Apple’s earnings report on Tuesday evening.
Did Apple deliver? More →
Verizon on Tuesday posts mixed earnings results for the third quarter. The nation’s top carrier reported earnings of $0.89 per share, missing analysts’ EPS consensus of $0.92, but revenue was up 4.3% sequentially to $31.6 billion, narrowly topping the Street’s estimate of $31.57 billion. Verizon said it added more than 1.53 million net new retail subscribers, including 1.52 million postpaid customers. The carrier’s total retail connection count rose more than 5% to 106.2 million. More →
Apple shares have dipped along with the rest of the market over the past few days, though things certainly picked up during Monday’s session ahead of Apple’s fiscal fourth-quarter earnings report; shares closed at $99.76 on Monday, up 2.14%. The iPhone 6 and iPhone 6 Plus were on sale for just 12 days in the September quarter, but Wall Street is still expecting the launch to impact Apple’s results in a huge way. Of course, that notion obviously isn’t very far-fetched, considering Apple sold more than 10 million new iPhones just through the end of their first weekend on sale. More →
HTC on Friday announced unaudited financial results that showed an 8% decline in revenue in September, but the company still managed to eke a third-quarter profit as cost-cutting measures continue to boost HTC’s bottom line. After a massive 33% on-year revenue decline in July was reversed with solid 10% sales growth in August, September saw HTC swing back to a decline as revenue fell to NT$16.7 billion ($549 million USD) from NT$18.2 billion in the same quarter last year.
HTC’s total third-quarter revenue fell 11% on year to NT$41.9 billion. More →
BlackBerry on Friday reported earnings for the fiscal second quarter of 2015, crushing Wall Street’s estimates and sending the stock soaring in pre-market trading on Friday. The struggling mobile pioneer couldn’t quite swing to a profit in the second quarter, posting a non-GAAP loss of $11 million, or $0.02 per share. Wall Street had expected a much larger loss of $0.16 per share, however, and BlackBerry’s stock shot up more than 8% as a result. More →
T-Mobile on Thursday morning reported solid second-quarter earnings that sent the stock climbing in pre-market trading. The company says it led the industry in a number of key areas including service revenue growth (7.1%), total revenue growth (8%), branded postpaid net subscriber additions (579,000) and branded prepaid net subscriber additions (102,000). Total net customer additions in the June quarter totalled an impressive 1.5 million, which included more than 1 million total branded net customer additions. More →
Nintendo’s struggles continued in the first quarter of fiscal 2015, as relatively poor Wii U sales and high costs resulted in yet another loss for the struggling video game giant. Nintendo on Wednesday reported a June-quarter loss of 9.92 billion yen, or $97.3 million, compared to an 8.6 billion yen profit in the same quarter last year. Revenue totalled 74.7 billion yen, or roughly $732.3 million, in the quarter, which represents an 8% decline from the year-ago quarter. More →
BGR recently reviewed LG’s new flagship G3, which just launched last week in the United States. We called the phone Android’s new king, supplanting Samsung’s lackluster Galaxy S5, which has been something of a disappointment for many consumers and for Samsung’s bottom line. While LG has a long way to go before it catches up to Samsung in terms of shipments, the company on Thursday reported record smartphone sales for the second quarter. More →
Following the solid quarter Verizon posted on Tuesday, AT&T on Wednesday reported its results for the second quarter. Wall Street was expecting a slight on-year decline in EPS, with consensus earnings of $0.65 seen on revenue totaling $33.22 billion, an improvement over the $32.1 billion in sales it posted in the June quarter last year. The numbers are now in, and AT&T beat expectations, having reported earnings of $0.68 per share on revenue of $32.6 billion. More →
Apple’s stock has been soaring lately, up more than 24% over the past three months. Shares took off in late April when Apple announced a 7-for-1 split that would take place in early June, and the stock has kept climbing gradually ever since, inching closer to an all-time high that now sits just north of $100 after adjusting for the split. And if Apple managed the blowout quarter some industry watchers are expecting it to report on Tuesday afternoon, $100 might not be far behind. More →
Microsoft posted strong fiscal third-quarter earnings back in April, which helped carry the positive sentiment we’ve seen since Satya Nadella took over as CEO. Shares are now up about 12% over the past 12 months, having been given an extra boost when news leaked that Microsoft plans to eliminate 18,000 jobs, 12,500 of which will come from the Nokia devices and services business that Microsoft acquired recently. More →