Tag Archives: profits

Amazon first quarter profits fall to $82 million as sales jump 22%

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Amazon’s Q1 for 2013 was a bit of a mixed bag. The company saw net income drop 37 percent year-over-year to $82 million, though its net sales were up 22 percent to $16.1 billion. The sequential drop in profits was small (from $97 million) consider…


HTC CEO says his company’s smaller marketing budget is the top reason it’s getting killed by Samsung

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HTC (2498) had a bad year in 2012. Despite releasing a number of high-end smartphones, the manufacturer posted reduced profits in each quarter last year. Samsung (006930) and Apple (AAPL), meanwhile, continued to see record sales and increased market share. HTC CEO Peter Chou revealed to The Wall Street Journal that the company didn’t market its products aggressively enough and he vowed to win consumers back with more innovative devices in the coming year. “The worst for HTC has probably passed. 2013 will not be too bad,” Chou said. “Our competitors were too strong and very resourceful, pouring in lots of money into marketing. We haven’t done enough on the marketing front.” The executive declined to give specifics on the company’s turnaround


Samsung expects to ship more than half a billion phones in 2013

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Samsung (005930) had a big year and despite some legal setbacks, the company saw record profits led by its mobile division. In 2012, Samsung became the world’s largest cell phone vendor with shipments estimated to have reached about 420 million units. According to the Korea Times, the company expects to ship 510 million phones in 2013, an increase of 20% over this year. More than half, or 390 million, of the devices are expected to be smartphones and the other 120 million units will be budget feature phones. Along with its popular line of Android-powered Galaxy smartphones, the company will ship devices powered by Microsoft’s (MSFT) Windows Phone 8 operating system and handsets running the new Tizen platform.


Android Overload: Study shows VoLTE drains battery twice as fast, Samsung spent $4 billion on marketing in 2012, and more

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Kik updated in the Play Store to version 6.0. Adds new “cards” for sharing YouTube videos, pictures, and sketches. [Google Play] Clay Jam new for Android. Brings unique, handmade “claymation” visuals to the Play Store. [Google Play] Microsoft warns users about Google “Scroogling” them. [Scroogled] Toshiba announces CMOS-based TK437 13MP image sensor for mobile devices. [...]


Samsung’s Q2 2012 earnings show $5.86 billion operating profit, that’s a lot of Galaxy S IIIs

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The numbers for Samsung’s Q2 2012 earnings period are in and it was another big one, with the electronics giant reporting an operating profit of $5.9 billion, driven largely by growth in its smartphone business — just as it predicted. That’s up 79 p…


Lenovo beats PC market with 46 percent profit surge

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Yep, it’s party-time in Beijing once again. While the PC industry as a whole reportedly grew by a tight handful of percentage points over the past year, Lenovo has somehow managed to continue its long-running growth spurt, with shipments up 44 percen…


Samsung’s Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones

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The numbers for Samsung’s first quarter of 2012 are in and as it expected they are up sharply over the same period from 2011. After predicting profits of 5.8 trillion won it managed to top that, notching an operating profit of 5.85 trillion won ($5.1…


Nintendo posts first annual loss

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Nintendo has announced its first annual operating loss following a lukewarm response to its new 3DS handheld and an aging Wii console — set to be replaced later this year. The Japanese games manufacturer has also seen increased competition from new …


Nintendo posts first annual loss

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Nintendo has announced its first annual operating loss following a lukewarm response to its new 3DS handheld and an aging Wii console — set to be replaced later this year. The Japanese games manufacturer has also seen increased competition from new …


Nintendo posts first annual loss

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Nintendo has announced its first annual operating loss following a lukewarm response to its new 3DS handheld and an aging Wii console — set to be replaced later this year. The Japanese games manufacturer has also seen increased competition from new …