All Posts Tagged Tag: ‘financial report’

BlackBerry Announces $4.4 Billion Third-Quarter Loss

BlackBerry today released its third quarter financial report and the results are about as dire as everyone expected. BlackBerry is reporting a $4.4 billion loss today, illustrating just how dire the situation is for the Canadian tech company. Over half of that loss ($2.4 billion) comes as part of a long-lived asset adjustment charge and over $1.3 billion related to …

Read More

LinkedIn Nails its Fourth Quarter, Yearly Earnings

If there’s one thing LinkedIn is, it’s consistent. The company has slowly built its brand and membership numbers in the crowded social media space where other companies are getting bloodied. LinkedIn today announced its fourth quarter 2012 and year-end 2012 financial results, and, once again, the social network for professional networking hit its marks. The company pulled in revenue of …

Read More

Netflix Added 2 Million Streaming Subscribers Over the Holidays

Though the competition to provide robust streaming services is heating up with the growth of Hulu Plus, Amazon Prime Instant Video, and the new Redbox Instant, Netflix is still holding its own. The company this week announced its fourth quarter financial results, and the news is overwhelmingly positive. Netflix managed to add just over 2 million new subscribers to its …

Read More

HP to Report Quarterly Loss of Over $8 billion

HP hinted today that it expects to report the third quarter of 2012 as its largest-ever quarterly loss. The losses, which total more than $8 billion, are the affect of a restructuring program and a services goodwill impairment charge of around $8 billion. The $8 billion charge stems from the acquisition of IT services company Electronic Data Systems (EDS). When …

Read More

RIM’s Q1 2013 Financials and Delay of Blackberry Ten

Research in Motion just released their first quarter fiscal 2013 results for the three month period ending June 2nd. As you might have expected, the news is not great and it truly reflects their struggle to stay afloat in the extremely competitive smartphone marketplace. The big news from the release is the push back of the BlackBerry 10 release. While …

Read More