quarter results
As Apple and Samsung accelerate, HTC’s sales fade away
gigaom.com
Once high-flying Android manufacturer HTC reported weak fourth quarter results and forecast an even tougher first quarter as competition from Apple and Samsung squeezed the Taiwanese smartphone maker. HTC reported revenue of 101.42 billion Taiwan dollars or $3.48 billion with earnings of 10.94 billion Taiwanese dollars or $369 million, good for...
Jive Q4 Revenue Up 53 Percent To $22.5M In First Quarter As A Public Company
techcrunch.com
Enterprise software company Jive has just reported fourth quarter results, which represent the company’s first earnings report as a public company. Q4 total revenue came in at $22.5 million, up 53% year-over-year. The company continued to take losses in terms of profit, posting a net loss of $12.7 million for...
Groupon investors watch closely as firm posts first results as public company
www.guardian.co.uk
Online coupon company will hold its first earnings call since going public last November in the biggest IPO since GoogleThe past two years have been a wild ride for Groupon, and on Wednesday's earnings call the online disount company faces its biggest test to date as investors get their first...
RIM manufacturing partner pulls the plug on BlackBerry phones
www.bgr.com
Toronto-based original device manufacturer Celestica on Monday announced that it will stop producing hardware for struggling mobile device vendor Research In Motion. Celestica stated that it will wind down manufacturing services related to BlackBerry devices over the next three to six months, and it expects restructuring charges to be less than...
And Now More Details About How Big Facebook Investors Got Inside Info--And Little Guys Got Hosed...
www.businessinsider.com
Earlier this week, we described how big potential investors in the Facebook IPO got important negative information that small investors didn't get: Namely, they got a heads-up that Facebook's business had suddenly deteriorated. This "tip" came in the form of sudden estimate cuts by the research analysts at Facebook's IPO...
TiVo Demand Boosts Virgin Media
online.wsj.com
Virgin Media posted solid fourth-quarter results, including a 30% jump in net profit, driven by a strong consumer appetite for its new pay-television service and for superfast broadband....
TSMC 2012 Q1 results: $1.1 billion profit good, 20-nanometer processes expensive
www.engadget.com
Taiwan Semiconductor Manufacturing Co. has offered up its first quarter results for the year, with another mixed bag for the company. Turnover was NT$105.51 billion ($3.6 billion) and net profit was NT$33.47 billion ($1.1 billion), 7.7 percent down on the NT$36.28 it made in the same quarter last year....
Facebook IPO set for 18 May
www.guardian.co.uk
Mark Zuckerberg to join Facebook IPO roadshow ahead of company stock market float on 18 MayFacebook shares will float on the US stock market on Friday 18 May, with a "roadshow" for the company's enthusiastically-awaited initial public offering to begin next Monday including its founder Mark Zuckerberg, according to Silicon...
HTC Is Getting Clobbered After Its CFO Unexpectedly Leaves The Company
www.businessinsider.com
TAIPEI (Reuters) - Shares of HTC Corp fell as much as 6 percent on Tuesday after a change in its chief financial officer and the imminent launch of a new phone by arch rival Samsung Electronics raised concerns over the Taiwanese firm's recovery. HTC has been losing market share to...
Apple’s Q2: $39.2B revenue, $13.06B profit with $12.30EPS, 35.1M iPhones, 11.8M iPads sold
thenextweb.com
Apple today announced its earnings for its second fiscal quarter of 2012. Apple’s revenue amounted to $39.2B in Q1. With earnings of $13.87 per share. The company’s net profit in Q1 was $11.6B. The numbers beat industry estimates but were down from the company’s previous record quarter. Apple sold 35.1 million iPhones and 11.8...
RIM posts dismal earnings, delays BlackBerry 10 operating system
tech.fortune.cnn.com
First quarter results offer a grim look inside the troubled Blackberry maker. The company will fire 5,000 employees and delay its upcoming operating system. FORTUNE -- BlackBerry maker Research in Motion reported a wider-than-expected loss and yet another delay of its long-awaited BlackBerry 10 operating system on Thursday, marking a...
LIVE: RIM REPORTS FIRST QUARTER EARNINGS (RIMM)
www.businessinsider.com
Blackberry maker Research In Motion will report fiscal first quarter results after the closing bell today, with analysts expecting the beleaguered tech giant to record a loss of $0.07 per share. Click here for LIVE updates > Sale are also expected to decelerate more than 37 percent at the Waterloo,...
ComScore: Amazon growth doubled the rest of the e-commerce market in Q4
www.bgr.com
Amazon announced the company’s fourth quarter results last week, which fell short of Wall Street’s estimates. The company reported $17.4 billion in revenue, with net sales up 35% from $12.95 billion in the same quarter of 2010. Despite falling short of analyst estimates of $18.26 billion, Amazon’s growth was more than twice...
Research In Motion Earnings: The RIM Reaper Cometh
allthingsd.com
Research In Motion will post its fiscal fourth-quarter results this Thursday and Wall Street analysts are already gritting their teeth in anticipation. To wit, this recent note from Barclays Capital analyst Jeff Kvaal which sums up RIM’s situation heading into earnings under the headline “Grim And Getting Grimmer.” Youch. Pretty...
Meg Whitman Details Layoffs To HP Employees In Internal Video, Thinks HP Is Currently “Rebuilding Credibility”
techcrunch.com
Confirming rumors from last week, HP just publicly announced a layoff plan that will result a reduction of 8% of its workforce. Shortly after releasing the memo to Wall Street, HP CEO Meg Whitman sent a company-wide video message explaining the future of Bill Hewlett and David Packard’s company. She...
Meg Whitman Details Layoffs To HP Employees In Internal Video, Thinks HP Is Currently “Rebuilding Credibility”
RIM (RIP?) is in its death spiral
9to5mac.com
There is no way to sugarcoat today’s announcement from once great Blackberry maker, RIM. They are, after years of putting their heads in the sand, finally taking drastic measures to change course including getting rid of former Co-CEO and current board member Jim Balsillie as well as their their CTO and...
Samsung expects Galaxy S3 shipments to top 10m
www.guardian.co.uk
Samsung says its new top-end smartphone to be on sale from nearly 300 mobile carriers around the world by the end of JulySamsung says it expects worldwide shipments to carriers of its new Galaxy S3, launched at the end of May as a top-end rival to Apple's iPhone, to top...
Facebook IPO Halo Boosts Social Media Stocks
allthingsd.com
Facebook’s imminent IPO is might mint a mess of millionaires in Silicon Valley by Friday, but in the meantime it’s driving wealth in a few newly public Internet companies as well. With the social networking company’s offering reportedly oversubscribed, some investors are looking ancillary ways to profit from it...
Apple now almost 50 percent of mobile industry revenue
www.electronista.com
Looking at fourth-quarter results, Apple now represents almost half of cellphone/mobile computing industry revenues, and over 80 percent of its profits, says Morgan Keegan analyst Tavis McCourt. The industry is in fact said to have risen about 34 percent with Apple results included, but actually dropped 0.4 percent without the...
Yahoo CEO: We're "Only Doing a Few Things Really Well"
www.readwriteweb.com
Yahoo Chief Executive Scott Thompson plans to bring the Web portal to its former glory by doing away with everything that does not contribute to its core business of profit-driving ads and e-commerce. On Tuesday, Thompson, who left eBay's division of PayPal to become CEO and president in January,...
Now officially on our death watch: RIM
arstechnica.com
SomeHoosierResearch in Motion released its first quarter results today, and... well, they don't look good. The company reported a 33 percent loss of revenue from 2012's $4.2 billion dollar fourth quarter to this $2.8 billion first financial quarter. In Q1's three months ending June 2, the company suffered a...
iPhone 5 Will Spike Apple Shares and You Know It
allthingsd.com
The 8.8 percent dip Apple shares have suffered in the past week isn’t a harbinger of a larger decline; it’s a buying opportunity ahead of the company’s March-quarter results. That’s the word from Barclays analyst Ben Reitzes, the latest Apple observer to express optimism for the company amid the rough...
The big picture on Rackspace’s Q1: It’s becoming Mr. Hyde
gigaom.com
Rackspace is the Dr. Jekyll of hosting. For the last few years, it has been a legacy managed hosting provider that dabbled in cloud computing at night. But as happened to Dr. Jekyll, though, Rackspace’s transformation has reached the point of no return. In its past two quarters, Rackspace has...
Zynga set to play its first hand as it posts fourth-quarter results
www.guardian.co.uk
Company behind Farmville had a rocky start on the Nasdaq – but it may yet benefit from being friends with FacebookInvestors are waiting to find out how much real money social gaming firm Zynga makes from all its virtual cities and farms when the company reports its first results as...
Groupon's Shares Continue Falling to Close at All-Time Low
allthingsd.com
Everyone loves a discount, and yet, no one seems to be buying. Less than five months after going public, Groupon’s stock is trading more than half off. The daily deals company’s shares slid another 3.2 percent, or 48 cents today, to close at $14.54 a share. That’s less than half...
Pandora Misses; Revenue Up 71 Percent To $81.3M But Swings To A Loss
techcrunch.com
Internet radio giant Pandora Media just reported fourth quarter results. The company posted revenue of $81.3 million, which was up 71% year-over-year. Non-GAAP net loss per share was $0.03. Analysts expected a loss of $0.02 cents a share, with revenue coming in at $83 million. Advertising revenue was $72.1 million,...
LinkedIn reports Q1 earnings: $189M in revenue, earnings of $0.15 a share
thenextweb.com
Today LinkedIn reported its first quarter results of $189 million in revenue, and earnings per share of $0.15. This beat analyst expectations of $179 million in revenue, and earnings per share of $0.09 per share. In the year ago quarter, LinkedIn had $94 million in revenue, on which it broke...
RIM Earnings: Oh, the Humanity!
allthingsd.com
It’s no secret that Research In Motion’s latest earnings were going to be terrible, but my God these are bad enough for Canada to declare June 28th a National Day of Mourning. Posting financials after market close Thursday, RIM reported a gruesome first quarter loss of 37 cents per share...
Best Buy tops expectations in Q1, online revenue and mobile sales up
www.bgr.com
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. Revenue came in at $11.6 billion, ahead of analysts’ consensus of $11.52 billion, and non-GAAP earnings came in at $0.72 per share, up 11%...
Groupon Gets Dell Exec As New Intl SVP As Samwer Brothers Step Further Away
techcrunch.com
Amidst a series of ongoing accounting-related controversies in the U.S., Groupon has appointed a new SVP to oversee international operations based out of Austria. Veit Dengler comes from Dell, where he had been since 2005, most recently as GM of its consumer and small/medium business units in Russia, CIS and...
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