Final iDEN shutdown and Network Vision investments continue to hurt the bottom line
Sprint has posted its Q2 2013 earnings, and amidst a whole bunch of changes for the nation's third-largest carrier it has a big of a mixed bag in terms of earnings. Here are the highlights for Sprint this quarter:
$8.87 billion operating revenues, up slightly year-over-year
$1.6 billion net loss and $874...
Mobile revenues up 34.5-percent year-over-year, still the smallest division in terms of operating income
LG has announced its Q2 2013 financial results, showing strong growth in all of its divisions including its mobile business. For that mobile business, LG posted revenues of $2.78 billion for the quarter, an increase of 34.5-percent year-over-year. Record sales of 12.1 million smart phones...
Posted by Jerry Hildenbrand on 23 Jul 2013 4:40 pm
AT&T meets expectations with 67-cent earnings-per-share in Q2 2013
AT&T has announced their Q2 2013 earnings, stating that a record number of Android sales helped bring adjusted earnings of 67-cents per share on revenue at $32.1 billion. Randall Stephenson, AT&T chairman and CEO said in the prepared statement:
This was a solid quarter for revenue and customer additions across our...
Posted by Chris Umiastowski on 22 Jul 2013 6:09 pm
Stocks show expectation, not always reality
Late last week Google reported its Q2 results. If you’ve been reading any of the financial headlines then I couldn’t blame you for thinking the latest set of financial results was troubling. The traditional tech and financial media is ripe with stories about how the Mountain View search giant missed revenue estimates, fell short on earnings and is...
Google's Q2 2013 earnings are in, and the earnings call itself is just minutes away. The big strokes:
Revenue was up 19 percent over the second quarter of 2012 at $14.11 billion.
On the advertising side, cost per click fell about 6 percent over Q2 2012.
Motorola saw $998 million in revenue but still had an operating loss of $342 million.
Google reported $54.4 billion in cash on...
Android device activations set to hit 1 billion soon
For his opening statements in the Google Q2 2013 earnings call, CEO Larry Page took a minute to remind us the number of Android devices that are out there today. Mirroring what we heard back at Google I/O, Page reiterated that over 900 million Android devices have been activated since being introduced in 2008. He also dropped another number...
Earnings numbers increase across the board; 36-percent of customers now using 'Share Everything'
It's that time of the quarter where the big companies are posting their earnings, and this morning Verizon released its Q2 results. While Verizon operates both a wireless and wireline division, we're going to focus on just the wireless portion as it pertains to Android more directly. Here are the...
This week's earnings report will have a hard time living up to the all-time high stock price
Google's stock price is at an all-time high of $927 today, and with its Q2 2013 earnings hitting this week it makes us wonder if the earnings can ever live up to the supposed confidence in the search giant. Following a generally solid -- but far from stellar -- Q1 earnings report back in April, Google'...
Profits are up 29-percent year-over-year, revenue up by 3-percent
NVIDIA has posted their Q1 2013 financials, and while profit, at $78,000,000 is down by 55-percent compared to last quarter, the year-over-year numbers is up by 29-percent. Earnings show a similar trend, with today's $955,000,000 down by 13-percent from last quarter, but up 3-percent year-over-year. Today's news beats the...
First branded net customer additions since 2009; 1.9-percent churn lowest since 2008
T-Mobile has just released its Q1 2013 financial results, and there are some seriously positive numbers to reflect on for the previous quarter. While this doesn't include the recently closed MetroPCS merger, it does cover the time leading up to T-Mobile's dramatic "UNcarrier" rebranding. Let's hit some of the...
Posted by Jerry Hildenbrand on 25 Apr 2013 8:53 pm
Sales are up, and we haven't even counted the Galaxy S4 yet -- look for Samsung to have another record quarter come July
I'm no financial wizard, but I know big numbers when i see them. And Samsung, as expected, is turning them out. They've just posted their Q1 2013 earnings, and the big news is that they have turned in net profits of 7.15 Trillion Won (that's 6.4 Billion US dollars), with...
Net sales and operating cash flow up considerably; net and operating income still taking big hits
Everyone's favorite online retailer turned tablet maker and content aggregator, Amazon, has just posted its Q1 2013 financial report. There's a whole lot of numbers to jump into here, so let's get to the quick breakdown first:
Net sales of $16.07 billion, up a full 22-percent year-over-year...
173 million MSM chips shipped in the quarter; raising fiscal 2013 guidance
Qualcomm, which powers many of the gadgets we know and love, has just reported its Fiscal Second Quarter results. Here's your quick breakdown of the headline numbers for the quarter:
$6.12 billion in revenues for the quarter, up 24-percent year-over-year
$1.88 billion in operating income, up 24-percent y-o-y but...
Record smart phone shipments of 10.3 million offset weaker performance company-wide
It's earnings time, and today it's LG's turn to let us know how it performed in the last three months. The company posted what it calls "solid first-quarter performance", but the overall numbers certainly aren't as great as some would have hoped. The mobile division (which we really care about) however posted...
Record 6 million smart phones sold in the quarter; 72-percent of postpaid customers now own smart phones
AT&T has just released its Q1 2013 earnings, which encompasses both its wireless and wireline businesses. Earnings for the quarter were generally strong, although they were counteracted by a fall in revenues in the wireline business. We're most interested in the wireless portion though...
Revenues increase notably, Motorola still posting a loss this quarter
Google has just released its Q1 2013 earnings report, and while we listen in on the earnings call we're going to break down some of the raw numbers for you:
$13.97 billion in revenue for the quarter, up 31-percent year-over-year
$3.48 billion in operating income, up slightly y-o-y but down as a percentage of revenue...
Google has just released its Q1 2013 earnings. The big numbers:
Nearly $14 billion in consolidated revenue, up 31 percent from the first three months of 2012.
GAAP operating income was $3.48 billion.
Motorola Mobility revenue was $1.02 billion
Google's got about $50 billion in cash on hand
We're kibitzing on the conference call this afternoon, so stay tuned for any Android-related...
677,000 customer additions, $19.5 billion in revenue, ARPA up 6.9-percent
Verizon has just posted its Q1 2013 earnings, and while it reports both its wireless and wireline businesses in one release, we're going to break out the wireless parts separately. Let's hit the high points first:
$19.5 billion in revenue, up 6.8-percent year over year
$16.2 billion of that revenue was related to...
Over 68 million phones sold; 53-percent increase in operating profits for the quarter
Ahead of its official Q1 2013 earnings release on April 26th, Samsung is releasing its profit guidance -- aka expectations and rough numbers -- for the quarter, and things are looking pretty good for the South Korean smart phone behemoth. Increased sales of mid-range handsets worldwide contributed to an...
A quick heads up for those of you who like to kibitz on Google's earnings calls. The first-quarter 2013 earnings results will be posted on April 18, with the usual conference call taking place at 4:30 p.m. EDT.
We typically get some sort of Android news out of the earnings calls. So we'll be there with bells on.
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