Posts Tagged ‘revenue’
Lenovo pulls in best-ever revenue of $7.8 billion for Q4 2012/13, record $34 billion for the year
Author: Ian Simpson
Lenovo’s just announced its Q4 and full year 2012/13 financial results, and all the indices point to good news for the Chinese company. It earned $ 127 million on $ 7.8 billion in revenue for the quarter and $ 34 billion for the full year, both records for the company, while netting $ 635 million in profit for the full year — another all-time high. The only sore spot for Q4 was Lenovo’s laptop business, which dropped two percent over last year to $ 4.2 billion, but that’s a far milder plummet than many PC makers saw — thanks to a 74 percent revenue growth in China. Otherwise, desktop PCs held flat for the company at $ 2.4 billion during an otherwise down period, and it held firm as China’s number two smartphone manufacturer, seeing shipments grow at 206 percent year-over-year, double the average rate. It remains to be seen if Lenovo can continue to buck the downward PC trend that’s continued unabated with the release of Windows 8 — but if not, maybe we’d finally see some of its smartphones over here.
Filed under: Cellphones, Desktops, Laptops, Lenovo
Source: Business Wire
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Revenue from iOS, Android gaming apps now three times greater than portable …
Author: Heather Brown
Revenue from iOS, Android gaming apps now three times greater than portable …
The trend that's seen portable gaming shifting largely to devices like Apple's iPhone continues apace, according to a new report that pegs revenue from gaming on iOS and Android devices at three times the size of revenue on dedicated portable gaming …
Read more on Apple Insider
Light Flow Update Teases New Version of Android, May Require Persistent …
Now that Google I/O is over with and a potential Android 4.3 release date is in the wild, the hypebeasting of features will undoubtedly start to pick up. The first to kick off the fun is one of our favorite apps, Light Flow. For those not familiar …
Read more on Droid Life
Flashback Friday: Android 2.3
As another version of Android is reportedly being prepared for release, it seems only fitting to take a look back at the version of the operating system that really seems to have been the turning point for its adoption. Android 2.3, also known as …
Read more on TechnoBuffalo
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Dell announces Q1 2014 results: $14 billion revenue, 21 cents EPS
Author: JohnnyBells
We doubt recent earnings reports at Dell have been met with balloons on the quad and sheet cake in the cafe. And that’s likely the case this time around as well. The PC maker reported revenue of $ 14.07 billion, but earnings of just 21 cents per share — a bit shy of estimates. The company’s stock price is hovering around the $ 13.65 mark, the amount shareholders have been promised once the firm goes private later this year. As you might imagine, Dell’s books won’t be open to public scrutiny once that transaction closes, making this one of the very last earnings reports. Things may not be looking so good for Q1 2014, but will the company end its public streak on a high note? We’ll find out soon enough.
Filed under: Desktops, Laptops, Dell
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Facebook reports Q1 2013 revenue of $1.46 billion, 12 cents EPS
Author: Stacey Cook
There’s a fairly good chance that Mark Zuckerberg’s heading Home today without a massive bonus check. Zuck’s social network, Facebook, hasn’t quite reached the level of profitability that some investors once expected — its first year of public trading brought highs and lows (though, mostly lows). But, revenues steadily grew, and, in the final quarter of 2012, the company finally turned a profit. And now, for the most recent quarter, Facebook is reporting revenue of $ 1.46 billion, with earnings at 12 cents per share. Mobile is clearly in focus this year, though the company’s efforts in that arena may be reflected in the future — the site’s legacy products are responsible for Q1 2013′s figures. We hope to get some more insight during the earnings call this afternoon, and we’ll be sure to share any notable tidbits as they’re made public.
Filed under: Internet, Facebook
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AAP reports e-books now account for over 22 percent of US publishers’ revenue
Author: Brittany Turner
It’s well off the triple year-over-year development that e-books saw a few years ago, but the newest report from the Association of American Publishers shows that e-books did inch up even further in 2012 to account for a significant piece of total book sales. According to its figures, e-books now stand for 22.55 percent of United States publishers’ overall revenue– up from simply under 17 percent in 2011– a boost that helped push net income from all book sales up 6.2 percent to $ 7.1 billion for the year. As the AAP notes, this report also happens to mark the tenth anniversary of its yearly tracking of e-book sales; back at the beginning in 2002, their share of publishers’ net revenue clocked in at a simple 0.05 percent. The team does caution that the year-to-year comparison back that far is rather anecdotal, nonetheless, provided changing methodologies and meanings of e-books.
WebSource: AAP
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Dell says PC business in danger from poor Windows 8 sales, low revenue
Author: Stefanie Jenkins
While some Dell investors have taken issue with CEO Michael Dell’s proposed plan to take his company private, an SEC filing has revealed some compelling reasons for investors to think twice about protesting the move. As noted by Forbes, a filing dated March 29th includes a lengthy section where Dell outlines the “risks and uncertainties” related to continued ownership of the company’s stock — it’s essentially a laundry list of how the consumer tech market has changed and how hasn’t quite managed to keep up.
Difficulties that Dell notes in its filing include:
- “…decreasing revenues in the market for desktop and notebook PCs and the significant uncertainties as to whether, or when, this decrease will end…”
- “…the overall…
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ABI: Tablets Will Take A 35%, $8.8BN App Revenue Share This Year – Passing Smartphones By 2018
Author: Brandon Zimmerman
Regardless of being such a (fairly) brand-new category of gadget tablets are racing up on their smaller cellular relatives, with quickly expanding user adoption and smartphone-surpassing web page traffic generation. Little marvel then that tablet apps are also bringing in enhancing quantities of revenue — forecasted to pass smartphone app revenue within five years. Making a projection in a brand-new report, analyst ABI Research anticipates tablets will account for even more than a third(35 %) of total apprevenues this year, or some $ 8.8 billion out of a total pool of $ 25 billon. That ’ s still a way behind smartphones of course
— projected to bringing in $ 16.4 billion this year, or simply under double the amount produced by tablet apps — but the revenue share is growing and ABI reckons tablets will go beyond smartphones in app income generation by 2018. The reasons for tablets to become utmost app revenue winners are down to their larger screen, which provides plenty of scope for developers to develop attractive items, as well as lesser cost slates helping to ramp up tablet ownership and boost app downloads, reckons ABI.”The larger screen makes apps and content appearance and feel better, so there are more lucrative opportunities, ” states senior expert Aapo Markkanen in a declaration. ” One might think that the bigger set up base of smartphones would compensate for the variation, however that thought fails to take into account the arrival of reasonable tablets, which hasn’t even started yet at its earnest. The smartphones paved the means for them, but in the end we think that it’s the tablets that will prove the more transformative device segment of the 2.”The analyst adds that the tablet classification is additionally well placed to open the computing market by attending to underserved market teams such as the senior and children.”The actually big offer about tablets is how they will help to finally bring the computing age to, for example, kids and the senior, ” says Markkanen. ” The company chance linked with them is
indisputable, however at the exact same they could additionally cause extremely significant social benefits.” On the OS front, ABI predicts that the lion ’ s share of the app wide range this year will remain to be created within Apple ’ s iOS environment: it expects 65 % of the integrated$ 25 billion to come from iOS vs simply over a quarter(27 %)from Google’s Android ecological community. While “ the various other mobile platforms ” will produce the remaining 8 % in between them (ABI does not break this out ). In spite of controling app profits, ABI recently predicted that Apple ’ s iOS will just account for 33 % of the smartphone app downloads this year, vs. 58 % being Android apps. However Apple ’ s tablet lead with its iPad gadgets remains to be a huge one, with ABI expecting 75 % of the tablet apps downloaded this year to be iPad apps, vs. just 17 % being Android apps. Amazon(with its Kindle Fire tablet)is projected to obtain around 4 % app share, while Windows tablets are relegated to around 2 %.Incoming search terms:
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ABI: Tablets Will Take A 35%, $8.8BN App Revenue Share This Year – Passing Smartphones By 2018
Author: Natalie Wood
Despite being such a (relatively) new category of device tablets are racing up on their smaller cellular cousins, with rapidly growing user adoption and smartphone-surpassing web page traffic generation. Little wonder then that tablet apps are also generating increasing amounts of revenue — predicted to pass smartphone app revenue within five years.
Making a forecast in a new report, analyst ABI Research predicts tablets will account for more than a third (35%) of total app revenues this year, or some $ 8.8 billion out of a total pool of $ 25 billon. That’s still a way behind smartphones of course — projected to generate $ 16.4 billion this year, or just under double the amount generated by tablet apps — but the revenue share is growing and ABI reckons tablets will surpass smartphones in app revenue generation by 2018.
The reasons for tablets to become ultimate app revenue winners are down to their larger screen, which offers plenty of scope for developers to build attractive wares, and also lower cost slates helping to ramp up tablet ownership and increase app downloads, reckons ABI.
“The larger screen makes apps and content look and feel better, so there are more lucrative opportunities,” says senior analyst Aapo Markkanen in a statement. ”One might think that the bigger installed base of smartphones would compensate for the disparity, but that notion fails to take into account the arrival of low-cost tablets, which hasn’t even started yet at its earnest. The smartphones paved the way for them, but in the end we believe that it’s the tablets that will prove the more transformative device segment of the two.”
The analyst adds that the tablet category is also well placed to open up the computing market by addressing underserved demographic groups such as the elderly and children. “The really big deal about tablets is how they will help to finally bring the computing age to, for instance, children and the elderly,” says Markkanen. ”The business opportunity associated with them is undeniable, but at the same they can also bring about very significant social benefits.”
On the OS front, ABI predicts that the lion’s share of the app wealth this year will continue to be generated within Apple’s iOS ecosystem: it expects 65% of the combined $ 25 billion to come from iOS vs just over a quarter (27%) from Google’s Android ecosystem. While “the other mobile platforms” will generate the remaining 8% between them (ABI does not break this out).
Despite dominating app revenue, ABI recently predicted that Apple’s iOS will only account for 33% of the smartphone app downloads this year, vs. 58% being Android apps. However Apple’s tablet lead with its iPad devices continues to be a big one, with ABI expecting 75% of the tablet apps downloaded this year to be iPad apps, vs. just 17% being Android apps. Amazon (with its Kindle Fire tablet) is projected to get around 4% app share, while Windows tablets are relegated to around 2%.
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HP Q1 2013 earnings: $1.2 billion in profit on revenue of $28.4 billion
Author: James Cliff
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
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Panasonic remembers the best ways to earn money, states $ 667 million revenue last quarter
Author: Stefanie Jenkins
Just as Sharp offered a slightly more enthusiastic glance at its balance slab this morning, so too does Panasonic have something worth commemorating: a quarterly net profit of 61.4 billion yen ($ 667 million) in the last trio of months of 2012. That’s not big for a business of this stature, naturally, and it’s additionally real that underlying sales slipped by 8 percent, with the step to benefit mostly coming from the weaker yen and previous cost-cutting workouts. However, compared with the minimal $ 164 million it made at the start of 2012, and the ego-crushing $ 9.7 million loss it suffered in its preceding financial year, no one because big HQ is likely to be grumbling.
Declared under: Displays, Home EntertainmentCommentsSource: Yahoo (AP)
