earnings

Google’s fourth quarter: 250 million Android devices, 11 billion app downloads

If the reports that Apple was "catching up" with Android yesterday made anyone contemplative (and contemplate that it was a narrow focus on new smartphone buyers), Google's earnings call today should be enough to put any and all doubts to rest. Amid the regular pomp and circumstance of corporate back-patting, Google CEO Larry Page noted that over 250 million Android devices have been activated worldwide, with more than 11 billion (that's billion with a B) apps have been downloaded from the Android Market. That's a heck of a way to start off the new year.

Sony Ericsson records $318 million loss for Q4

Today Sony Ericsson announced their Q4 reports and had some less than stellar news to share. I didn't want to call this earnings because it appears they've actually recorded a $318 million dollar loss for Q4 instead of earnings. This was a pre-tax loss of €247m ($318m) amid “intense competition” along with the poor economic climate. Hopefully their new take on Android will help things out in the coming months.

HTC to “focus on the product” after shaky earnings forecast

Despite positive profits and some monster growth, especially in the US market, HTC is in hot water with their shareholders. The Taiwanese smartphone maker had to reduce its fourth quarter outlook from flat growth to negative last week, after a prospective patent purchase fell through when the company lost its suit against Apple. A beat-down from German courts over yet another patent case didn't help. CFO Winston Yung placated investors in an interview with Reuters, hyping up a focus on high-end products in the upcoming year.

Samsung beats Apple with 28 million smartphones shipped in Q3

Deck the halls, break out the traditional holiday doughnuts and throw another TPS report on the fire, it's quarterly earnings call season. Samsung certainly has reason to celebrate: in the last three months they've shipped 28 million smartphones worldwide, taking the #1 spot away from Apple. Samsung doesn't use Android exclusively for their smartphone hardware, but needless to say, it plays a big part in their worldwide strategy.

Motorola reports smaller losses, expects to close merger this year

Motorola has done well out of Android, and vice versa, culminating in Google's plans to buy the hardware company outright. At their quarterly earnings report, Motorola reported $3.3 billion USD in total revenue, and a $32 million dollar loss - not terrible in a down economy, and better than last quarter's $52 million. They also extemporized on the Google sale, with enthusiastic plans moving forward. According to Motorola, the sale of the company to Google should be complete before the end of the year, or early 2012 at the absolute latest. That doesn't include any sort of integration, and of course, it's contingent upon stockholders' approval at the meeting on November 17th. The company was quick to highlight the new Motorola DROID RAZR, releasing on November the 10th on Verizon in the United States and elsewhere in the world as just the RAZR. Motorola is putting a lot of emphasis on MotoACTV, the new fitness sensor-service combination, currently slated for a $249 starting price at an indeterminate date. Motorola still isn't where they'd like to be - no company in the red is, and celebrating the fact that you're losing one less cent a share compared with last year doesn't exactly warrant champagne. But things are looking up, and with the R&D muscle of Google bolstering their efforts next year, not to mention a possible inside line on Android, things could be a lot worse. Now if only they'd get off that non-removable battery kick that seems to be continuing with the DROID 4...

Google announces third quarter financial results, revenues of 10 billion, more

The Google 2011 quarter 3 earnings call is currently under way as we speak. You can follow along at the YouTube Webcast and they've posted the full financial results for Q3 and the year in general. Google, you are some rich dudes. Sifting through the notes just released today it appears things are still moving along just fine for Google. Revenues from Q3 2010 to now has increased 33% year over year, and this quarter alone they've brought in around 10 billion in revenue. Sounds nice right?

Google Announces Q2 Revenue up 32% Over Last Year

I know you guys don't want to hear it or even see it, but I know some care to read about the outrageously huge amounts of money Google makes. They have just released the second quarter 2011 financial results and they are pretty impressive to say the least. Guess what -- to no ones surprise they are up a whopping 32% from this time last year. I expected these sorts of numbers so I wont say this comes as a shocker, because it doesn't. Reports suggest revenues of $9.03 billion for the quarter ended June 30, 2011, an increase of 32% compared to the second quarter of 2010. I pretty large increase over the $6.82 billion earned for the second three months of 2010. GAAP net income was $2.51 billion, up from $1.84 billion in Q2 2010 and the numbers are increasing this way basically across the board. Things are good over at Googleville.
Google-owned sites generated huge revenues of $6.23 billion, or 69% of total revenues, in the second quarter of 2011. This represents a 39% increase over second quarter 2010 revenues of $4.50 billion.
Showing that Google-owned sites accumulate around 70% of the total revenues, I guess this is why they want everyone clicking on ads, and hitting that +1 button for Google+ these days. I wont get down to all the details because you can check out the earning via the source link below if you want to be jealous. They do mention that their Cash and cash equivalents adds up to over $39 billion, yes I said billion. Google has also been pretty busy and hired a few more employees this last few months too, number of employees rose to 28,768 as of June 30, 2011, up from 26,316 as of March 31, 2011, More details below. [via Google]
1 2 3 4 5 6 7 8