earnings report for Q3 2012 just a little while ago, but now it's time to hear from ASUS. All in all, it looks like ASUS had a pretty great Q3, reporting a net profit of $229.1 million on revenues of $3.8 billion. Net profits were up a staggering 48% year-over-year, which allowed ASUS to report its highest quarterly profit in the last four years.
Tagged: quarterly results
HTC announced that both net revenues and income were down year over year. HTC's third quarter revenue was NT$70.2bn (US$2.4bn) this quarter, which is even a sizable drop from the NT$91bn they earned last quarter. Net income did not do much better, as it dropped to NT$3.9bn (US$133m). In Q3 of 2011 HTC recorded revenue of NT$135.82bn (US$4.54bn) and profits of NT$18.68bn (US$625m). It is quite easy to see where this substantial drop is a serious problem for HTC. Even though HTC predicted decreased numbers, seeing them finalized on paper is a scary thing. HTC has some solid devices hitting the market in the new quarter, so hopefully we will see these numbers rebound. On the Android front, the One X+ is expected to drop soon, and should prove to be a huge success for HTC. They are also receiving a strong push from Microsoft on the Windows Phone side of the equation. Let's hope that the end of the Q4 2012 does not bring as much doom and gloom for HTC. Still, it's not all bad. While the numbers are down, at least they turned a profit, which is more than some companies can say. [timeline]
now AT&T, smartphones and tablets are making a lot of people filthy rich. AT&T sold a whopping 5.1 million smartphones in Q2 of its fiscal year, with 61.9% of its postpaid subscribers using a smartphone. That 61.9% figure jibes quite well with what we've been hearing from Nielsen lately, which says that in Q2, 2 out of every 3 people who purchased a phone went with a smartphone over a feature phone.
Google has issued its financial report for the second quarter of the year, ending June 30, and boy is it a doozy. This is the first quarter that Motorola's finances are included with Google's, but the internet giant says that on its own, it enjoyed a 27% increase in revenues year-over-year. When everything is tallied up, Google's consolidated revenue came in at a whopping $12.21 billion, which was a 35% increase from the second quarter of 2011.
Qualcomm has released its financial results for Q3 2012, and even though the company is showing some losses from the last quarter, things are looking pretty great for Qualcomm year-over-year. Take, for instance, total revenue, which was down 6% from last quarter but made a 28% increase from the same time last year, coming it at a pretty solid $4.63 billion. We see something similar happening with Qualcomm's operating income, which sits at $1.38 billion for the quarter - that's a 9% decrease from last quarter but a 24% increase year-over-year.
Motorola Mobility announced their earnings report for Q1 of 2012 and so far they aren't off to a great start. Between the looming Google acquisition and slumps in sales things are a little shaky, but not too bad. While their overall numbers reported a decently large loss their mobile hardware and smartphone division is still doing pretty good.
quarterly earnings report was a fairly bland affair this time around. Aside from a lot of financial data and a good bit of advertising back and forth, there wasn't a lot of new information to be had. But there was one nugget of dialogue that should interest any Android newshound: when asked about the Google's focus on Android tablet,s CEO Larry Page made specific mention of the lower end of the market - where the majority of Android tablets are being sold.
since the last quarter. Compare that to the difference between Q3 and Q4 off 2011, when Google increased its income by about 8%.
something of a slump for the last six months or so, showing flat or dropping sales in the face of competitors like Samsung and Apple. And while their first quarter of 2012 isn't exactly showing an amazing turnaround, there's light at the end of the turned for the Taiwanese manufacturer. When compared with the excellent numbers the company put up in 2011, HTC steadily cut its margin of losses in February and March, going from a n over 50% decline to just 16.6%.