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Amazon may have surprised Wall Street by how much sales went up in the fourth quarter of last year ($29.3 billion, with a profit of $214 million), but for customers its Prime service is the big deal. Founder and CEO Jeff Bezos said Prime membership in the US grew by 50 percent last year, despite a...

5 minutes ago 0 Comments
January 29, 2015 at 7:23PM
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We're in the thick of earnings seasons, friends, and Google just pushed out its latest spate of financials for our eager delectation. Here's the skinny: Google reported a total of $18.01 billion in revenue (closer to $14.5 billion if you don't count those pesky traffic acquisition costs), less tha...

2 hours ago 0 Comments
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LG is still trailing Samsung and Apple in total smartphone sales (and profits from them), but the company just revealed its financial data for the last year and has plenty to be happy about. It sold 59.1 million smartphones last year, up nearly a quarter from what it moved in 2013. The report didn...

18 hours ago 0 Comments
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Samsung's profits have been on an upward swing driven by several popular versions of its Galaxy smartphones, but 2014 is going into the books as an off year. It still posted a $4.88 billion profit in Q4, but for the year it was down 32 percent from 2013 and had the lowest profit since 2011, which ...

20 hours ago 0 Comments
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Of all the mysteries still surrounding the Apple Watch, its long-awaited launch window was easily the most debated. Well, not any more. Apple CEO Tim Cook just confirmed during the company's quarterly earnings call that the company's oft-hyped Watch should ship in April 2015 -- not March like many...

2 days ago 0 Comments
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Well, it's that time again. Apple has just released its latest batch of quarterly earnings, and wouldn't you know it -- the folks in Cupertino once again sold more iPhones than it has in any other quarter. We're talking 74.5 million phones changing hands since October, up just about 50 percent fro...

2 days ago 0 Comments
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Microsoft appears to be well past the days when it was writing off unsold Surface tablets and struggling to match Sony in game console sales. The Windows developer reports that its Devices and Consumer group's revenue grew 8 percent year over year in the last calendar quarter of 2014, thanks in no...

3 days ago 0 Comments
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In the midst of Netflix's Q4 financial report (if you're wondering - it added the expected amount of subscribers this time, unlike Q3) it revealed a few things viewers will actually be interested in. First of all, it's going to have The Interview available for streaming to US and Canadian subscrib...

9 days ago 0 Comments
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In an extra-special Friday-night-before-a-holiday-weekend news dump, AT&T just announced that its Q4 results will include about $10 billion in charges. That includes a $7.9 billion "related to actuarial gains and losses on pension and postemployment benefit plans", plus a $2.1 billion charge f...

13 days ago 0 Comments
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A cat that does nothing but look mildly peeved has managed to parlay that "talent" into nearly $100 million in just over two years, according to the Express. Grumpy Cat's newly-rich owner, Tabatha Bundeson called the feline (whose real name is Tardar Sauce) "unstoppable... what she's achieved in s...

1 month ago 0 Comments
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Spotify may be a big name when it comes to music streaming, but the company is hardly rolling in the dough. The private company disclosed today that it took in 747 million euros (around $1.03 billion at the time) in 2013, up about 74 percent from 2012. However, shelling out a good portion of that ...

2 months ago 0 Comments
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Did you know that Lenovo had planned to become the world's biggest PC and tablet maker by the end of 2016? It turns out that the company's achievement was even greater than its ambition, since the milestone has been reached six financial quarters early. In Lenovo's latest earnings release, the com...

2 months ago 0 Comments
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New CEOs frequently cut jobs to streamline their companies, and Sprint leader Marcelo Claure is proving to be no exception to the rule. The exec is cutting 2,000 jobs as part of "bold actions" he believes are needed to return the carrier to health. It's not hard to see why the layoffs are coming, ...

2 months ago 0 Comments
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When a company like HTC has been on a year-long losing streak, it's hard to work out if its earnings for this quarter are a cause for celebration or despair. Last quarter, you see, the One M8 helped the company achieve a huge turnaround, pulling down a $92 million profit after a series of losses. ...

3 months ago 0 Comments
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If you're rooting for Sony to pull through recent tough times, it's still a cliffhanger, according to its latest earnings report. On the plus side, PS4 sales have been stellar, up 83 percent over last year at 310 billion yen ($2.8 billion). The good news drops off sharply from there, however, espe...

3 months ago 0 Comments
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Super Smash Bros. isn't just fun to play, it also gave Nintendo a fun financial quarter. For the first time in a while, the Japanese company turned a profit, 24 billion yen worth ($224 million) to be exact. That's a big (Wii) U-turn over last quarter, when it managed to lose 9.9 billion yen ($97 m...

3 months ago 0 Comments
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T-Mobile has apparently decided that UnCarriers release their fiscal results at night, well after investors have gone home -- and to no one's surprise, there's plenty of good news that couldn't wait until the morning. The Magenta network is reporting that it added 2.3 million new customers in the ...

3 months ago 0 Comments