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Samsung predicts that its earnings from April-June of this year will likely be down four percent from last year, suggesting that sales of its newest flagship smartphones have failed to hit the mark. However, it will still be the company's highest quarterly profit since Q2 2015. The company's for...

July 6th 2015 at 11:02pm 0 Comments
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We've come a long way from Qwikster. Netflix's stock price has more than doubled since last December, and with prices of shares nearing $700 today it announced plans (PDF) for a 7-for-1 stock split. The price closed today at $681, and the Board of Directors approved a plan to distribute six additi...

June 23rd 2015 at 5:13pm 0 Comments
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On Tesla's quarterly earnings call, CEO Elon Musk announced "crazy off the hook" demand for its just-announced Powerwall battery product. He said over 38,000 reservations have been received, which should take up the expected production through mid-2016, and demand is high enough to account for all...

May 6th 2015 at 6:05pm 0 Comments
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Samsung's latest earnings numbers reveal that the company did better in the first quarter of 2015 than at the end of 2014, but its overall profits are still down while the competition's are rising. The company earned an operating profit* of 6 trillion won ($5.6 billion) for January to March 2015,...

April 29th 2015 at 2:02am 0 Comments
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GoPro is expanding its horizons... in a very literal sense. The action camera maker has just acquired Kolor, a French outfit that specializes in videos for virtual reality and 360-degree viewers. It doesn't take much divination to figure out what GoPro wants to do with its new team, as you might i...

April 28th 2015 at 5:54pm 0 Comments
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In the fast-moving world of social media, Twitter can be considered something of an old-timer; after all, it just turned nine years old this past March. Yet, in many ways, it's still struggling to find itself. Twitter has just reported its first quarter earnings report -- which was incidentally pu...

April 28th 2015 at 4:56pm 0 Comments
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Back in January this year, Apple recorded a blockbuster of a quarter thanks to holiday sales of its new, larger-screened handsets. It sold a whopping 74.5 million iPhones in the last three months of 2014, chalking up $74.6 billion in revenue in the process. While today's second quarter results don...

April 27th 2015 at 5:08pm 0 Comments
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Even though Amazon Web Services has taken off in recent years to become the cloud computing solution of choice for businesses, not much was known about how much money it was bringing in. Now, however, we do. In its first quarterly earnings report today, Amazon has reported the financials for its A...

April 23rd 2015 at 4:56pm 0 Comments
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After a very slow start, Microsoft's Surface finally seems to be hitting its stride. The company made $713 million from Surface sales last quarter, a 44 percent jump over last year, according to its latest earnings report. And yes, it's attributing much of that to the Surface Pro 3, which also saw...

April 23rd 2015 at 4:29pm 0 Comments
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This quarter's Netflix earnings report is especially interesting because it's the first one since HBO's online-only Now service launched, so investors and other looking to see how it responds to direct competition. The streaming company just announced that it not only added nearly five million sub...

April 15th 2015 at 4:15pm 0 Comments
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T-Mobile kicked off 2014 by crashing an AT&T party, and finished it with "our best year in company growth ever," according to CEO John Legere. To be exact, it added 8.3 million new customers over the year, including a million "postpaid," clients in the last quarter of 2014. The Uncarrier chalk...

February 19th 2015 at 8:15am 0 Comments