Q1

HP reports Q1 earnings: EPS beats but revenue and Q2 guidance both miss

February 22nd, 2012

Dan Graziano

Hewlett-Packard on Wednesday reported its fiscal first-quarter earnings, which fell short of Wall Street’s expectations. Analysts expected the computer giant to pull in $30.75 billion and $0.87 per share, and while HP’s first-quarter earnings of $0.92 per share beat the Street’s consensus, revenue dipped 7% to $30 billion and missed estimates. “In the first quarter, …

Qualcomm reports record Q1, beats estimates with $4.68B in revenue and raises outlook

February 1st, 2012

Todd Haselton

Qualcomm on Wednesday reported record earnings for the first quarter of fiscal 2012. The company took in $4.68 billion in revenue, up 40% year-over-year and 14% sequentially, beating Wall Street’s estimate of $4.58 million. Qualcomm’s net income of $1.4 billion was up 20% year-over-year and 25% over the fourth quarter. The firm also managed earnings of …

Analyst boosts Q1 iPhone shipment estimates to more than 30 million units

December 21st, 2011

Todd Haselton

Susquehanna issued a note to its clients on Wednesday in which the firm said it is increasing its iPhone shipment forecast for Apple’s first fiscal quarter. The company originally expected Apple to ship 27.1 million iPhones during the quarter but has revised that figure up to 30.3 million units. “The revisions are based on positive …

Microsoft reports best-ever Q1 results; revenue hits $17.37 billion

October 20th, 2011

Todd Haselton

Microsoft announced its fiscal first-quarter 2012 earnings on Thursday, the best first quarter the company has ever recorded. The Redmond-based software giant reported revenue of $17.37 billion, up 7% from the first quarter of 2011 and on a par with analyst estimates of $17.26 billion. Operating income for the quarter was $7.2 billion, up 1% from the …

Tablet shipments fell by 28% in Q1, full-year forecast still up on iPad demand, IDC says

July 12th, 2011

Zach Epstein

Tablet shipments following the 2010 holiday season dropped by more than a quarter according to market watcher IDC, but the firm still raised its full-year forecast in its latest Worldwide Quarterly Media Tablet and eReader Tracker report. First-quarter 2011 tablet shipments were down by 28% sequentially according to IDC, due to iPad shipments that were …

RIM reports Q1 earnings: misses analyst estimates, Q2 outlook misses, layoffs coming

June 16th, 2011

Zach Epstein

Research In Motion on Thursday reported earnings for the first quarter of fiscal 2012. After cutting its first-quarter outlook at the end of April, RIM’s May quarter came in below analyst estimates. First quarter revenue came in at $4.9 billion versus the Street’s estimate of $5.5 billion, and device shipments totalled 13.2 million versus expectations …

Best Buy Q1 earnings beat the Street, net income slides 12%

June 14th, 2011

Zach Epstein

Shares of Best Buy stock jumped by as much as 7% Tuesday morning as the company reported results for the first fiscal quarter of 2012 that beat Wall Street’s expectations. In the quarter ending May 28th, Best Buy reported revenue of $10.9 billion, up 1% from the same quarter last year thanks to a 12% increase …

LG CEO predicts difficult handset turnaround in Q2

June 4th, 2011

Todd Haselton

Speaking to reporters on Thursday, LG CEO Koo Bon-Joon said it would be difficult to turn around the company’s current struggle in the handset business during the second quarter. LG reported poor handset sales during the first quarter of the year — phone sales were down 9.2% year-over-year and 14.3% quarter-over-quarter, and shipments were down …

36% of smartphone purchasers the world over chose Android in Q1 of 2011

May 19th, 2011

Andrew Munchbach

Does the number 36 mean anything to you? If you’re an Android fan it should. A report from analytics firm Gartner indicates that 36.3 million Android handsets were sold during Q1 of 2011 giving the mobile operating system a 36% share of all smartphones sold during that same period. An impressive figure on its own, …

Microsoft sells 1.6M Windows Phone handsets in Q1

May 19th, 2011

Andrew Munchbach

According to research firm Gartner, although Microsoft shipped 2 million Windows Phone units during Q4 of 2010, it sold 1.6 million units during Q1 of 2011.”Windows Phone saw only modest sales that reached 1.6 million units in the first quarter of 2011,” wrote Gartner. “Devices launched at the end of 2010 failed to grow in consumer preference …