Apple -that one company everyone loves to hate is in the news again. And this time for making incredible amounts of money at the end of another fiscal fourth quarter. The California-based tech giant announced its revenue and profit for the quarter which ended on the 26th of September. The company reports a quarterly revenue of $51.5 billion and a quarterly net profit of $11.1 billion. This is in contrast with numbers in the same quarter last year which were $42.1 billion along with a net profit of $8.5 billion. Yes, that’s a lot of money.

There was an increase in the sales of iPhones, Apple Watches and Macs in the final quarter, helping the company increase its revenues. [...]

Given its popularity, one might think that Instagram was earning millions of dollars through its followers. But what sort of an app will earn money if its only function is uploading or liking pictures? It barely earned a penny. Then, in 2012, it got a push because Facebook bought it for a billion dollars. However, the income was still meagre. Now in 2015, this is why it’s going to change:

Instagram will finally allow a fully operational Ad business, providing shopping links with their posts, aided by Facebook targeted groups. Yes, this means that Instagram, will now have a ‘Shop Now’ button that will [...]

Sony with the latest flagship Xperia Z1 and even the other smartphones by the company is doing good in the markets globally. Sony hugely improved smartphone range have done well for the company, and mobile sales in the last quarter have increased 39.3 percent from last year.

However, the above information is for smartphones, Sony as a company got a cut in its annual profit forecast down to 30 billion yen (roughly $300 million) a 40 percent decrease from the 50 billion yen the company expected to pull in. Camera sales dropped 6.9 percent, following a total loss of $24 million. The TV sales are up, but despite the [...]

Samsung has let the details out ahead of its earnings call for Q3 results. It’s expecting a fourth straight record quarter with overall operating profits of 8.1 trillion won ($7.28 billion), Almost double of what the company made at the same time last year.

Earnings at the mobile-phone business surged 93 percent in the quarter with the May debut of the Galaxy S III and the Note, according to a Bloomberg News survey of six analysts, helping mask a slump in profit from selling computer-memory chips. TV sales also helped Asia’s biggest consumer-electronicscompany, which lost a [...]

Bharti Airtel Limited has just released their financial results for the third quarter 2011. Declaring overall customer base, year over year profits and an overall increase in revenues for the company. The total revenues for the total revenues for the third quarter ended Dec 31, 2011 of `18,477 crore grew by crore grew by 17.1% over the last year. India & South Asia India & South Asia continued its double digit revenue growth (Y-o–Y 12.1%) aided by improvement in realisation rates. Africa Africa revenues recorded a healthy Y-o-Y growth ofY growth of 16.1%; the growth was a strong 32.2Consolidated EBITDA margins % in Rupee terms% in Rupee [...]

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 [...]

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 [...]