Earnings
Latest
An earnings typo sent Lyft's stock price into the stratosphere
A typo in an earnings report made Lyft’s stock price rise by up to 70 percent, before settling down to within the normal range. The company’s CEO has taken the blame for the incident.
Sony predicts it'll sell fewer PS5s than first thought
Sony has lowered its PlayStation 5 sales forecast for fiscal 2023 significantly and now expects to sell 21 million units, down from a previous forecast of 25 million.
Samsung is betting on AI and the Galaxy S24 to turn around declining profits
Samsung has failed to recover from the sharp decline in profit it experienced in 2022.
Microsoft's gaming revenue was up 49 percent in Q2, mostly thanks to the Activision deal
Microsoft's gaming revenue is up 49% in Q2, mostly thanks to the Activision deal.
Elon Musk confirms a new low-cost Tesla model is coming in 2025
Elon Musk has confirmed that a "next-generation low-cost" Tesla EV is in the works and is "optimistic" that it'll arrive in the second half of 2025.
Samsung credits strong smartphone and mobile display sales for income growth
Samsung's revenue and profit numbers are still much smaller than last year's, but they're better than previous quarters'.
Microsoft is rolling in dough, no thanks to Surface
Everything is golden for Microsoft's earnings -- except its devices
Tesla begins Cybertruck deliveries on November 30
The often-and repeatedly delayed Cybertruck will arrive in time for the holidays.
PlayStation 5 is doing better than even Sony expected
Sony has raise its sales and revenue forecast for the fiscal year ending on March 31st, 2024 by 6.1 percent due to higher-than-expected sales in its game and music segments.
Apple services are making more cash than ever, but revenue shrank for the third quarter in a row
Apple's financials continue to be in an ever-so-slight slump. Just as we saw the last two quarters, the company suffered minor declines in revenue in its fiscal Q3 2023 — but these are minor blips for a company that is still raking in absurd amounts of money every quarter.
Nintendo sees record first quarter profit thanks to Zelda and the Mario movie
Nintendo just announced its highest first quarter profit ever thanks to sales of its latest Zelda title and the Mario movie.
Samsung blames Q2's drop in revenue on decline in smartphone shipments
Samsung has reported KRW 0.67 trillion ($527 million) in operating profit for the second quarter of 2023, which is just slightly higher than last quarter's.
Spotify grew far more than expected, but is still losing money
In the second quarter of 2023, Spotify saw its million monthly active users climb to 551 million after welcoming 36 million new listeners.
Tesla plans to license its Full Self-Driving system to other automakers
Tesla set new internal records for EV production and deliveries in Q2 as Cybertruck production (sorta?) comes online.
Nintendo expects to sell only 15 million Switch consoles over the next year
After selling 23 million Switches two years ago and 18 million in the last year, Nintendo expects sales of the aging console to continue to fall.
Strong iPhone sales aren't enough to offset a big downturn in Mac shipments
Apple had its second "bad" quarter in a row. Bad, of course, is a relative term — the company's revenues declined again, but Apple is still making a positively massive amount of money. Specifically, the iPhone and Services categories, both of which have been Apple's biggest money-makers for years now, saw revenue gains year-over-year.
Sony has sold over 38.4 million PS5s following a record-breaking year
Now that it's solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation 5 consoles.
Samsung's semiconductor business posted massive losses for Q1 2023
Samsung's earnings results for the first quarter of 2023 are in, and they're a massive departure from the same period's last year wherein it reported a steep rise in profit.
Samsung warns of lower profits amid falling demand for memory chips
Samsung has warned of plummeting profits and plans to cut back on memory chip production in response to falling demand.
BMW confirms the i5 Sedan will be its first all-electric 5 Series vehicle
BMW has revealed more details about its plans to release new electric vehicles, with the highlights being the arrival of the i5 in in October 2023.
