Intel this week revealed its fourth quarter earnings, showing that the company took in $13.8 billion in revenue during the holiday season. This represents a 3% increase over its fourth quarter 2012 earnings. Operating income for the fourth quarter was…
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…
HTC Announces $119 Million Quarterly Loss, Its First Ever
HTC today announced its quarterly financial results, revealing an operating loss of NT$3.5 billion ($119 million). This is the first quarterly loss in HTC’s company history. The loss comes on revenue of just NT$47.05 billion ($1.6 billion). Earnings per share…
HP Shifts Leadership as Revenue Drops
Along with its third quarter 2013 results, HP this week announced that it is shuffling around its executive management. The company’s current COO, Bill Veghte will soon be the EVP and general manager of HP’s Enterprise division. According to HP,…
Nokia Revenue Falls, 7.4 Million Lumia’s Sold in Q2
Nokia today released its second quarter 2013 earnings report. Though predictions for the company were not hopeful, Nokia managed to post a mixed bag of financial signals. The company posted a €115 million loss in operating profit, a massive improvement…
Verizon Meets Earnings Expectations, Adds 1M Subscribers
Verizon Communications today released its second quarter earnings report. The U.S. telecom company managed to meet Wall Street’s expectations, posting a $0.73 earnings per share – a 14% increase over the second quarter of 2012. The earnings came on revenues…
Sprint Losses Drop, But So Do Subscribers
Sprint, the third largest wireless carrier in the U.S., today released its first quarter 2013 financial results. The report shows that the company’s net losses have decreased from the fourth quarter of 2012, though it also shows worrying trends, such…
Sprint Announces $767 Million Net Loss in Third Quarter
Sprint Nextel today reported a net loss of $767 million on revenues of $7.3 billion during the third quarter of 2012. While this does represent a 6% year-over-year increase and a diluted net loss of $0.26 per share, the loss…
Verizon Earnings Grew Along With Shared Plans
Verizon Wireless this week announced its third-quarter 2012 results, revealing that the company continues to grow earnings. The company stated that it is on-track to meet its 2012 financial objectives. “In the third quarter, Verizon continued to deliver double-digit earnings…
HTC Profit Tanked in the 3rd Quarter of 2012
Today the Wall Street Journal reported that HTC’s most recent quarterly profits are down 79% from last year. The company reported a third-quarter net profic of $133 million. Though the company still made money, its quarter 3 2012 reports its…