Apple crushes estimates in Q2, reports profit of $11.6 billion on $39.2 billion in revenue
After a rough month that saw Apple’s stock tumble nearly $90 from a high of $644 earlier this month to as low as $555.18 on …
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Ticonderoga: iPhone 5 to ‘steamroll’ new BlackBerry phones, PlayBook an iPad ‘casualty’
Among the firms losing hope in Research In Motion following another dismal earnings report, Ticonderoga Securities is telling investors to be cautious with RIM. Analyst …
Sterne Agee: RIM’s Q2 may beat the Street, long-term still a concern
As RIM prepares to report its earnings on Thursday for the second fiscal second quarter of 2012, all eyes are turning north following the Waterloo, …
Samsung profit falls 18% in Q2; company to stop reporting smartphone, tablet shipments
Samsung on Friday reported earnings for the second quarter of 2011 that showed a significant decline in profit despite modest revenue gains. Samsung’s revenue ticked …
Verizon Q2 earnings top estimates; CEO will step down
Verizon Communications on Friday reported second-quarter earnings that topped the Street’s estimates, though it failed to match AT&T’s impressive wireless growth during the quarter. Revenue …
Google reports Q2 earnings; stock soars as revenue, EPS crushes the Street
Shares of Google stock jumped more than 10% in after-hours trading following the Internet giant’s second-quarter earnings report. “We had a great quarter, with revenue …
RIM’s sixth-largest investor to dump its entire stake
Following RIM’s first-quarter earnings release on Thursday, the company’s sixth-biggest investor confirmed that it is giving up on the Waterloo, Ontario-based BlackBerry maker. “They are …
Research In Motion expects lower smartphone shipments in Q1
In a note to investors, RBC Capital Markets Managing Director Mike Abramsky echoed a notice from Research In Motion that cut the company’s quarterly outlook …
Qualcomm announces Q2 earnings; record revenues of $3.9B
Qualcomm on Wednesday reported its earnings for the fiscal second quarter or 2011. Strong demand for smartphones and other connected devices that utilize the company’s …
Apple reports Q2 earnings; iPhone beats the Street, iPad misses big, profit up 95%
Apple on Wednesday reported earnings for the second quarter of fiscal 2011. Reports from Tuesday suggesting Apple might miss iPad sales estimates were accurate as …
JP Morgan raises Q2 estimates ahead of Apple earnings next week
Following RBC Capital Markets General Manager Mike Abramsky’s lead, JP Morgan analyst Mark Moskowitz on Friday raised his revenue and EPS estimates for Apple’s 2011 fiscal …
Google posts 27% increase in revenues; Q1 earnings slightly miss mark
Internet juggernaut Google has released its financial results from the first-quarter of 2011, and things are looking pretty good. The company posted revenues of $8.58 …
Motorola XOOM and ATRIX 4G sales are ‘disappointing,’ analyst claims
Another analyst has cut revenue estimates for Motorola Mobility, again citing poor sales of the company’s key products as the driving force behind the downward …
Sprint’s Q4: subscribers up, churn down; still losing money
Ladies and gentlemen, it is with great pleasure that I inform you that U.S. wireless provider Sprint, for the first time in thirteen quarters, has …
Google reports strong Q4 results; $8.4 billion in revenue, $7.81 earnings per share
Aside from announcing a management change during this afternoon’s earnings call, Google also decided to go over its numbers for Q4 of 2010. Google raked in $8.44 …
Samsung reports Q3: $3.98 billion in profit on $35.8 billion revenue
South Korean electronics powerhouse Samsung has announced its Q3 financials via a press release. The outfit raked in an impressive $35.8 billion in revenue and …
Apple eviscerates Q3 earnings estimates, revenue up 78% year-over-year
Apple’s been getting a little bit of bad press lately, but it clearly isn’t hurting their bottom line. In a press release today, the Cupertino …
