Amazon is fast becoming the country most popular market place, however it is also losing money fast. The company suffered a loss of Rs. 6,287 crore for the FY 2017-2018 from Rs. 4,831 crore compared to last year. The venue for Amazon in India however, grew 54% to Rs. 5,018 crore from Rs. 3,257 crore.
According to Amazon the increase in the losses was due to improvements in the Amazon India infrastructure. The company spent big this year to increase its fulfilment centres and improve technology which includes the launch of the GST equipped Business Amazon. The company also increased its total spending to Rs. 11,305 crore compared to Rs. 8,087 crore done by the e-commerce [...]
Started in the backyard toolshed of Steve Jobs’ parents’ house, Apple is now one of the top brands in the world. Apple started the smartphone trend with the first iPhone. However, it was the iPhone 3GS which raked up the most sales in 2009. On 31st July 2018, Apple released a report for its Q3 revenue, revealing that the company has earned record profits. The company was able to achieve 17% more revenue than last year. Apple sold 41.3 million iPhones, 11.553 million iPads, and 3.72 million Macs. The total profits earned by the company stands at a whopping US$11.5 billion.
The majority of profits [...]
LG Q2 earnings are out as it registered net profits of $138 million, up 46 percent from the same period last year. The mobile division struggled after a strong Q1 and took an operating loss, however the positive takeaways are a rising percentage of smartphone shipments and plans to launch new LTE-connected models in North America. LG is also banking of future deployments in countries like India and China.
the home theater segment came out strong with an operating profit of more than double last year at $187.5 million despite slightly lower sales due to an increase in sales of premium products like its Cinema 3D HDTVs. LG also expects to be the top 3D display maker in [...]
Apple has announced their Q3 results and as always the company has posted a massive profit. The company pulled in $35 billion in revenue, pocketing $8.8 billion of pure profit, a record for both in Q3. Profits were up $1.5 billion from Q3 of 2011. During the last three months the company shipped 17 million iPads, an 84 percent increase when compared to the same quarter in 2011.
More than $16 billion of the total revenue is directly attributable to the smaller member of the iOS family, the iPhone. The iPad is also not behind getting over $9 billion in this quarter alone. As an up, Apple is able to award its investors a $2.65 per-share dividend.For the next quarter Apple [...]
Nokia’s Q2 result shows that the company has made a loss of over US $ 1 Billion in last quarter, however sales were at US $9.2 billion which is still .5 Billion lower than last quarter.
Nokia has sold a total of 73 million handsets, most of which are thanks to the Asha series. Nokia is low on cash reserves as the company shows total $5.1 billion in reserves vs the $6.3 billion in Q1. Nokia did get $250 million support from Microsoft, but that does not have seemed to help the situation.
You can read the full report at the link below
Motorola has posted yet another disappointing quarter, while revenues were up to $3.1 billion, Moto lost $86 million in Q1 of 2012. That is 6 more million lost compared to their previous quarter. In terms of shipments only 8.9 million devices were shipped in the quarter which is down from the 10.5 million shipped last quarter. The company’s home gateways and broadcast goods, managed to generate $68 million, up from $53 million a year ago.
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Motorola Mobility Announces First [...]
Samsung has released its Q4 results and it shows that the company is headed in the right direction to becoming bigger than ever before. The electronics mammoth company has posted a 5.3 trillion won ($4.7 billion) operating profit in Q4 2011, with a sales revenue of 47.3 trillion won ($42 billion). The major of the chunk of its income is thanks to the impressive smartphone sales by the company , with over 300 million phones sold in 2011.
The earnings also reported that the mobile division stood accountable for 40% in the total earnings, while other major contributors were Samsung Semiconductors and Display divisions [...]
HTC has issued its Q3 results and their profits are up by 68%. The total net income rose to $624.6 million this quarter
Revenue rose by 79 percent on the year toaround $4.54 billion
The reasons cited by HTC for this growth are :
“strong brand recognition, leading product portfolio and expanded distribution channels.”
“We aim to lead the way as the smartphone market continues to expand and change rapidly,We pride ourselves on anticipating market and consumer needs and addressing them before they are realized. We are growing rapidly and responsibly around the globe and continue to expand our leadership in new areas, such as LTE.”
AMD has published its Q3 results, and the company reports a total revenue of US $ 1.69 Billion. With a total income of approx. US $ 97 million. This is up from the $61 million in Q2 and a whole leap away from the $118 million loss posted this time last year. Even the Graphics division (ATI) is reporting a net profit of US $ 12 Million up from the 7 Million Loss. Good going AMD , hopefully we can expect much better from them , Check out the excruciatingly long Earnings report below.
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Intel has just posted results for the quarter, and this year they snagged a total revenue of US $ 14.3 billion — up $3.2 billion, or 29 percent year-over-year. Their total net income lies in at US $ 3.7 Billion. Is this what happens when almost any new invention utilizes your chips?
[toggle title_open=”Press Release” title_closed=”Press Release” hide=”yes” border=”yes” style=”default” excerpt_length=”0″ read_more_text=”Read More” read_less_text=”Read Less” include_excerpt_html=”no”]Intel Reports Record [...]
Apple has issued a Release showing their Q2 results:
iPadSold 4.69 million units of the iPad compared to 7.33 million iPads first quarter 2011.
iPhoneSold 18.65 million units globally, compared to 8.75 million units in the same quarter 2010. Sold 16.24 million units in the first quarter of fiscal 2011.
iPodSold 9.02 million units, down from 10.89 million in the second fiscal quarter of 2010. Sold 19.45 million [...]