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Q2

LG posts record Q2; hooray for touchscreens and washing machines

July 22nd, 2009

Well it looks like LG Electronics came through in a big way this past quarter as the company reports a very, very solid performance. Maybe its bid to take over the world isn’t so crazy after all. Let’s start with a couple of records — sales rang up at $11.229 billion, a remarkable 13.8 percent …

Sony Ericsson reports Q2 earnings; ouch

July 16th, 2009

Following a rough morning for our friends in Finland, things are looking even worse just to the west. Sony Ericsson’s Q2 2009 was, in short, a disaster. To start, it shipped just over half the handsets it did a year ago — 13.8 million compared to 24.4 million in Q2 2008. That figure is also …

Nokia's Q2 numbers are in; market share up, profits down

July 16th, 2009

Nokia’s numbers for Q2 are in and while the bad news outweighs the good by leaps and bounds, the good news is that, well, there is good news. First, the bad: Nokia’s Q2 operating profit was down a mind boggling 66 percent year over year to €775 million. 66 percent! Net sales dropped 25 percent …

Apple's Q2 FY09 is in: 6 percent growth YoY

April 22nd, 2009

‘Tis the season and with the financial world standing at attention, Apple has just made its Q2 results for the fiscal year 2009 public. Despite a few who speculated that Wall Streets projections could be a bit of a reach in some areas, Apple managed to surpass projections just about everywhere. Starting with revenue, Apple …

Microsoft announces earnings early, confirms 5,000 layoffs

January 22nd, 2009

Rumors surrounding Microsoft’s poor performance and impending layoffs have been swarming recently and as the predicted date of said layoff announcement came and went, many wondered if employees of the Redmond-based giant were clear or danger. Unfortunately, that is not the case. Microsoft announced its Q2 earnings today which came in at $16.63 billion, well …