Tag Archives: profit

Samsung estimated to make 95 percent of Android device profits

Post Image

Yes, we all know that Android has the prevailing device market share right now, but which companies in that group are actually making money? According to Strategy Analytics’ estimates for Q1, it’s Samsung… and virtually no one else. With $5.1 bi…


ZTE’s 2013 Q1 sees profits of $33 million despite three percent sales slide

Post Image

ZTE has managed to break a run of two straight quarterly losses by posting a net profit of $33 million in its first 2013 financials. Unfortunately, the extra cash has come from selling a $133 million stake in surveillance firm Shenzhen ZNV, rather…


Sony revises its 2012 earnings forecast, doubles expected net profits

Post Image

Just like last year, we’re reporting on a revision Sony’s making to its expectations for last year’s profits, but this time around there’s some positive news. According to Sony, selling some of the buildings it owns and a weakening yen have double…


Sprint reports quarterly net loss of $643 million, sees iPhone sales drop by a third

Post Image

Sprint managed to lose a million customers and over a billion dollars last quarter. This time it’s not quite as bad, with a net loss of $643 million on revenue that was broadly equivalent to the same quarter of last year (around $8.8 billion). Tho…


Intel reports Q1 earnings: $12.6 billion revenue, $2 billion net income

Post Image

Intel just reported a quarterly net income of $2 billion, with $12.6 billion in revenue for a total earnings of 40 cents per share. Net income is down 17 percent compared to Q4 2012, when the company reported $2.5 billion in profit. Revenue is also d…


HTC pays price for One delays, reports worst quarterly profit so far in Q1 2013

Post Image

Instead of reaping the rewards of putting out a lovely new flagship, HTC has just reported its lowest ever profit — a mere $2.8 million in unaudited net income — during the first three months of this year. That compares to $173 million in the same …


Samsung estimates $7.75 billion in Q1 profits, up 45 percent over last year

Post Image

Samsung is announcing its earnings estimate for Q1 2013, and everything seems to be on the upswing. The company thinks its operating profit will land between 8.5 and 8.9 trillion won ($7.56 – $7.92 billion) for the quarter — tha…


eBay launches new ‘Sell It Forward’ trial to split fashion proceeds with charities

Post Image

eBay has begun testing a new charitable experiment called Sell It Forward. The new scheme allows users to sell their unused clothes, shoes and handbags, sharing proceeds with non-profit organisation Goodwill. eBay hopes its new pilot …


James Cameron donates his $10 million deep sea submarine to ocean research group

Post Image

It’s the one-year anniversary of James Cameron’s expedition into the deepest crevice of the deepest place on Earth, the Challenger Deep in the Mariana Trench, and the director / oceanographer is celebrating generously. Today Cameron a…


Amazon in talks with record labels about subscription music service

Post Image

Subscription music services have yet to profit but that hasn’t stopped some of the internet’s biggest media distributors from jumping into the business. Amazon, the web’s biggest retailer, is the latest to inquire with various music c…