Posts Tagged ‘profit’
We’ve already heard from Sony about the positive effects some of its recent moves are having on its finances, and now the company is revealing its detailed results for the last year. Sony has managed a profit of $ 458 million in 2012, its first in several years and a good sign after it projected such optimism in last years results. The most anticipated news is what it projects for 2013, a year where CEO Kaz Hirai has promised better integration between its products and of course, the PlayStation 4. Sony’s forecast projects sharply improved sales next year, however it expects the operating income to remain flat with a net profit of 50 billion yen ($ 506 million). The full results are available below, we’re looking through them now and will have more information shortly.
Source: Sony (PDF)
When Slacker launched its big software overhaul in February, many were skeptical that a refresh could bring it back to prominence. Apparently, all that doubt was misguided: Slacker says it’s racked up 6 million new listeners in the past three months, 3.5 million of which are on mobile. They’re more involved, too — there are 100,000 new paying customers, iOS installs have tripled and members of all kinds tune in for an average of 25 percent longer. And did we mention that Slacker may even benefit from the rush? Where some peers face a constant fight to stay above water without enough premium customers, Slacker says both its ad-supported free radio and paid on-demand service are profitable. While there’s no guarantee the company will hold on to those bedazzled new users, it’s good to see renewed competition in a field with fewer and fewer participants.
Samsung has released its Q1 2013 numbers and as it predicted a few weeks ago, business continues to boom. Operating profits are 8.78 trillion won as predicted, while net profit is up to 7.15 trillion won ($ 6.4 billion), up sharply from the same quarter last year when its net profit was 5.50 trillion won. Last year at this time we were still anticipating details on the Galaxy S III, but this time around Samsung is on the eve of its worldwide launch for the Galaxy S 4, which should push sales even higher. We’re still digging through the numbers now, we’ll have more information on just how it made all that cash (hint: lots of Galaxy phones) in a moment.
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HP’s stock is climbing in after hours trading from information of the company’s quarterly monetary results. The Palo Alto company has uploaded a profit of $ 1.2 billion for the first quarter, which is based upon profits of $ 28.4 billion. While the results fared better than HP’s previous expectations, both profit and revenue have actually fallen year-over-year for the Silicon Valley mainstay, down 16 percent and six percent, respectively. With respect to the company’s departments, individual systems, printing, venture, services and software have actually each taken a hit from the previous year, with HP’s financial services segment being the only unit to show development (in spite of the fact that financing volume is likewise down). Beyond the drooping numbers, Meg Whitman is providing reason for optimism to investors, stating the company will bring “a number of brand-new programs and disruptive advancements to market in the coming quarters, and we anticipate the take advantage of our restructuring will accelerate with fiscal 2013.” For the total breakdown of HP’s monetary health, just begged the source link.
Submitted under: HPCommentsSource: Marketwatch
UK-based chipmaker ARM had yet an additional profitable quarter, revealing that the end of 2012 saw pre-tax profits of around $ 126 million– an increase of 16 percent since the same period last year. Profits totaled $ 262.8 million for Q4 and with a big proportion of Android and iOS devices containing chip expertise from ARM, it remains to benefit from the smartphone upsurge. In fact, cargos of chips based upon its processors totaled 2.5 billion in Q4 alone, while aristocracy income grew 21 percent year-on-year, thanks to successes with both its Cortex-A and Mali silicon series. ARM chief exec Warren East added that the company is “well placed” to have an excellent 2013, too– unless everybody stops getting phones suddenly.
Declared under: MiscCommentsVia: ReutersSource: ARM
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Toshiba’s most recent numbers may not reach the dizzying heights of last quarter, however at least it’s not back to completing its spreadsheets in red pen. The business is announcing revenues of $ 322 million from net sales of $ 14.9 billion. A big portion of that change originated from Tosh’s “social infrastructure” division, which produces power plants, medical systems and radiation detectors– while its house entertainment and computing departments sat and enjoyed profits continue to decline. Toshiba has actually preserved the cut-back projection it made in October, expecting annual net profits to be around $ 1.2 billion, ample for it to send you a charming bug-eyed robot for your next birthday.Com mentsSource: Toshiba (
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The individuals in San Diego are making it rainfall when again, as Qualcomm has actually just revealed its profits for the quarter with $ 6 billion in revenues, which represents a 29 percent year-over-year increase and a brand-new record for the firm. It appears the business’s Snapdragon chips are all over you look these days, and it needs to come as no surprise that Qualcomm likewise took a profit of $ 1.91 billion, which is a 36 percent trip over the previous year. Seeing that the business is so well off, it’s also announced a money dividend payment of $ 428 million that will return to investors, along with stock repurchases in the quantity of $ 250 million. In case you were questioning, Qualcomm managed to push 182 million of its SoC’s out the door throughout Q1, which represents a 17 percent year-over-year rise. With the Snapdragon 800 due by mid-year, we sense that it’ll keep raining in San Diego for some time– even if the good weather says otherwise.
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The folks in San Diego are making it rain once again, as Qualcomm has just announced its earnings for the quarter with $ 6 billion in revenues, which represents a 29 percent year-over-year increase and a new record for the firm. It seems the company’s Snapdragon chips are everywhere you look these days, and it should come as no surprise that Qualcomm also hauled in a profit of $ 1.91 billion, which is a 36 percent hike over the previous year. Seeing that the company is so well off, it’s also announced a cash dividend payment of $ 428 million that will go back to shareholders, along with stock repurchases in the amount of $ 250 million. In case you were wondering, Qualcomm managed to push 182 million of its SoC’s out the door during Q1, which represents a 17 percent year-over-year increase. With the Snapdragon 800 due by mid-year, we’ve a feeling that it’ll keep raining in San Diego for some time — even if the nice weather says otherwise.
Source: Qualcomm Q1 2013 Earnings (PDF)
Nokia investors have something to smile about this early morning, as the company’s Q4 2012 financial results expose a return to success. As previously revealed, the company sold 4.4 million Lumias over the quarter, a more-than HALF jump from Q3′s 2.9 million, and its best quarter because introducing its Windows Phone line. The uptick in sales contributed to & euro; 8.04 billion ($ 10.73 billion) in total revenue for the quarter, which when balanced with Nokia’s ongoing restructuring and other expenses resulted in a & euro; 439 million ($ 585 million) profit. That’s a substantially healthier figure than last quarter’s $ 754 million loss, and a huge improvement on Q4 2011′s figure, a big $ 1.2 billion deficit. Nokia’s net money rose from & euro; 3.56 …
Nokia investors have something to smile about this morning, as the company’s Q4 2012 financial results reveal a return to profitability. As previously announced, the company sold 4.4 million Lumias over the quarter, a more-than 50 percent jump from Q3′s 2.9 million, and its best quarter since launching its Windows Phone line. The uptick in sales contributed to €8.04 billion ($ 10.73 billion) in overall revenue for the quarter, which when balanced with Nokia’s continued restructuring and other costs resulted in a €439 million ($ 585 million) profit. That’s a significantly healthier figure than last quarter’s $ 754 million loss, and a big improvement on Q4 2011′s figure, a huge $ 1.2 billion deficit. Nokia’s net cash rose from €3.56…