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.

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Filed under: Cellphones, Gaming, Home Entertainment, HD, Mobile, Sony

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Source: Sony (PDF)

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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.

Filed under: Cellphones, Internet

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Source: Slacker

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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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Filed under: Cellphones, Home Entertainment, HD, Mobile, Samsung

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Source: Yonhap, Bloomberg, Reuters

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• Samsung’s Q2 2012 earnings show $5.86 billion operating profit, that’s a lot of Galaxy S IIIs
• HP Q1 2013 earnings: $1.2 billion in profit on revenue of $28.4 billion
• Qualcomm Q1 2013 earnings: $1.91 billion in profit on revenues of $6 billion
• Qualcomm Q1 2013 earnings: $1.91 billion in profit on revenues of $6 billion
• Qualcomm Q4 2012 earnings: $4.87 billion in revenue, $1.27 billion net profit

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

• Qualcomm Q1 2013 earnings: $1.91 billion in profit on revenues of $6 billion
• Qualcomm Q1 2013 earnings: $1.91 billion in profit on revenues of $6 billion
• Qualcomm Q4 2012 earnings: $4.87 billion in revenue, $1.27 billion net profit
• Facebook reports Q1 2013 revenue of $1.46 billion, 12 cents EPS
• Samsung’s official Q1 earnings show $6.4 billion in net profit

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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• Sony’s 2012 earnings show a net profit of $458 million, its first since 2008

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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