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Samsung is still making a ton of money, but 2016 will be tough
Korean mega-tech company Samsung just dropped its fourth quarter results and while the short term looks meh, year-over-year it's doing pretty well. It posted an operating profit of $5 billion during the quarter that ended in December a drop from the third quarter operating profit of $6.1 billion. But quarterly profit was an increase of 16.2 percent over last year's fourth quarter results. It blamed the quarterly drop on slowing demand for high-end mobile phones, weakened prices for memory and LCD panels and "global economic headwinds."
MetroPCS Q4 results are in: increased revenue, slowing growth
The nation's fifth largest wireless provider -- MetroPCS -- has checked in with its Q4 2011 financials, and on the whole, the company looks to be doing quite well. Metro reported $1.2 billion in consolidated quarterly revenues and $362 million in earnings, an increase of 16% and 15% when compared to the fourth quarter of 2010. A few other positive vitals: average revenue per user (ARPU) was up $0.76, net income rose to $77 million and churn dropped 80 basis points from 4.5% in Q3 to 3.7% in Q4. Two small blemishes can be found in the net customer additions and cost per user (CPU) columns. While MetroPCS added well over 197,000 new customers in Q4, the rate at which it grew slowed dramatically -- down 34% when compared to the fourth quarter of 2010. The company's CPU also rose $1.17 during that same period -- which can be partially attributed to LTE network services, along with general expansion and operating costs. One other mildly unfortunate note was word that voice over LTE wouldn't be launching till the second half of the year, slightly later than we had been anticipating. Taking all that into consideration, it was still a strong quarterly showing from the value-centered wireless carrier.
Google's Q4 2011 results: $2.71 billion profit, $8.13 billion in revenue, Wall Street disappointed
Google just released its fourth-quarter 2011 results, and man, Wall Street is not pleased. The company reported $2.71 billion in profit (up from $2.54 a year earlier), net revenue of $8.13 billion and earnings of $9.50 per share, excluding some one-time charges. That's less than the $10.49 per share and $8.40 billion financial analysts were expecting and, as Reuters notes, it's the first time in nine quarters that Google hasn't beaten revenue estimates. Of course, the company spun its results the best it could, emphasizing that its gross revenue jumped 25 percent to $10.58 billion, making this the first time the company's raw sales exceeded $10 billion in any given quarter. Of course, that figure doesn't reflect the myriad costs associated with boosting web traffic, and investors are more concerned with that $8.13 billion in net revenue. Needless to say, Wall Street is none too impressed -- as of this writing, the company's stock was down almost nine percent in after-hours trading.That's not to say Google is struggling. The outfit actually logged a sharp increase in clicks on its search ads, but said the fee it receives from those ads was down eight percent from both the previous quarter as well as the fourth quarter of 2010. Plus, by all metrics, Android is still on quite the tear. In a conference call with investors, the company said there are now 250 million Android devices, up 50 million from the last quarter. Some more tidbits: 7000,000 devices are being activated per day and more than 11 billion items have been downloaded from Android Market (it hit the 10-billion mark last month). Finally, Google+ now has 90 million worldwide users, more than double the figure from three months earlier. Need a deeper dive on the numbers? We've got the full financial results at the source link, with the summary earnings release below.
Apple releases Q4 results: $20.34B revenue, $4.31B profits
Top line: hell of a beat. Apple today reports earnings of $4.31 billion, or $4.64 a share, in the fiscal fourth quarter, versus $1.82 a share in the year-ago quarter. Street guess was $4.08 a share on sales of $18.90 billion, according to Thomson Reuters, so like I said: hell of a beat. 3.89 million Macs were sold during the quarter (not 4M, but close, very close). 14.1m iPhones (almost 2x the previous year's number) and 4.19m iPads also sold in Q4. Looking ahead, Peter Oppenheimer forecasts $23B in revenue and $4.80 per share earnings in the holiday quarter. Given the degree to which this quarter beat the predictions... whoa. Join us at 5pm ET for the liveblog of the analysts' results call. Disclaimer: I am a happy holder of a small amount of AAPL.
Intel profits recover to $2.3 billion in Q4 2009, company describes it as 875 percent jump
Yo Intel, when your 2008 fourth quarter was one of the worst you ever recorded, it's slightly, just slightly, facetious to go trumpeting an 875 percent improvement in your 2009 fortunes. The self-appointed chipmaking rock star has clocked up $10.6 billion in revenues for the last quarter, which filters down to $2.3 billion in pure, unadulterated, mother-loving profit. That's good and indeed technically nearly nine times what the company achieved in the same period the previous year -- we'd just appreciate this to be represented as the recovery it is, rather than some major leap forward in the face of a global financial meltdown. Either way, the Santa Clara checkbook is now well and truly balanced, even if it would've looked fatter still but for the small matter of a $1.25 billion settlement reflected in last quarter's results.
Verizon reports strong Q4 '07 earnings, champagne importers now short on stock
Here's hoping you own some Verizon stock, readers. According to the company's Q4 '07 earnings call which took place this morning, the massive telco finished out the year on an up note, with a sizable boost in subscribers, and consequently, profit. The company saw a net income boost of 3.9-percent ($1.07 billion, or $.37 a share) year-over-year, and a rise in revenue at 5.5-percent to $23.84 billion, including a 13.3-percent gain (or about 2 million new customers) in wireless sales. Analysts expectations were right on mark with the company's earnings, at $.62 a share, and the company saw growth in both its aforementioned wireless division, as well as big jumps in FiOS users. That's right kids, the rich do get richer.
