Tag Archive: Revenue


Apple lowers revenue guidance for Q1 due to fewer iPhone upgrades than expected

iPhone XS Max

Apple today issued a note to investors, and it contains some interesting info regarding iPhone sales.

Apple CEO Tim Cook today shared a letter to his company’s investors to warn that Apple is revising its guidance for the fiscal Q1 2019 quarter. The Cupertino firm now expects revenue of $ 84 billion, down from the estimate of $ 89 billion to $ 93 billion that it previously expected to see.

As for  [Read More…]

HTC reports its lowest revenue numbers since 2003

Things are still bad for HTC.

HTC recently published its official earnings report for Q2 2018, and to not much surprise, things aren’t looking too hot for the Tawainese company.

During this past July, HTC saw just NT $ 1.4 billion in total sales. While that may sound like a big figure, it’s down 37.23% from June’s sales and 77.41% lower compared to July 2017 numbers.

In other words, HTC just had its weakest month since August  [Read More…]

Alphabet Q2 2018 earnings: $32.7 billion revenue, $2.8 billion income despite massive EU fine

Strong growth continues for this already-massive company.

Alphabet has just released its Q2 2018 earnings report, showing another quarter of strong growth. The company had revenues of $ 32.7 billion for the quarter, which is up 26% year-over-year — extremely impressive for a company of this size. Operating income was just $ 2.8 billion, which is due in large part to the recent $ 5 billion fine from the European Union.

Google will be able to effectively  [Read More…]

Sonos files to go public, expected to make $1 billion in revenue in 2018

The company plans on raising as much as $ 100 million for its IPO.

On Friday morning, July 6, Sonos officially filed to become a publically traded company.

Sonos will be traded on Nasdaq as SONO and plans on raising as much as $ 100 million leading up to its IPO (initial public offering). However, as noted by MarketWatch, “that amount was estimated as a placeholder amount.”

As for Sonos’s performance, things are looking good for the  [Read More…]

T-Mobile Q1 earnings show $10.46 billion in revenue and record low turnover

The carrier also added 1.4 million new subscribers.

On Monday, May 1, T-Mobile announced its financial report for Q1 of 2018. Although earnings are down by 2.5% compared to this time last year, T-Mobile is showing strong numbers every else across the board.

Looking first at revenues, T-Mobile reported $ 10.46 billion to exceed analysts’ expectations of $ 10.35 billion. Earnings were reported at $ 0.78/share and the carrier added 1.4 million customers (1 million of which  [Read More…]

Alphabet Q1 2018 earnings: $31 billion revenue leads to $7 billion income

First quarter sees strong double-digit growth overall, with advertising driving a bulk of the business.

Alphabet, the parent company comprised of Google and various other subsidiaries, has just released its Q1 2018 earnings. The top-level numbers are strong: $ 31.1 billion in revenue, leading to $ 7 billion in operating income for the three months. Those numbers are increases of 26% and 22% over the previous year, respectively, and earnings per share were $ 13.53. In short,  [Read More…]

Google says device shipments more than doubled in 2017, passed $100 billion in annual revenue

Google made a heap of cash in 2017.

Google is huge, and as you’d expect, pulls in money from a lot of different sources. The company just shared its latest financial report that showcases numbers for its performance in Q4 and all of 2017, and there’s a mixture of growth and loss.

Looking at Google’s total revenue in 2017, the company made $ 110.9 billion – an increase of 23% compared to its total earnings in 2016.  [Read More…]

Alphabet’s stock rises as revenue from Google increases 22%

Google posts strong revenues, but Alphabet continues to lose money with its “Other Bets.”

In its earnings results for Q1 2017, Google’s parent company Alphabet announced that it netted $ 22.8 billion in revenue, an increase of 22% from the same period a year ago. Net profit at $ 5.42 billion was 29% more than Q1 2016.

Unsurprisingly, Google contributed to a vast majority of the earnings. Overall revenue from Google came in at $ 24.5  [Read More…]

Sprint is going all-in on unlimited and killing its 50%-off deal to boost revenue

Sprint is getting rid of its metered plans entirely as it moves to a single unlimited plan.

Sprint has announced its intention to get rid of its metered plans and go all-in on unlimited as it tries to find a balance between the intensely competitive U.S. wireless market and its own need to keep revenues high.

The company is ending its long-standing 50%-off deal, which offered up to four lines for $ 90 per month to new customers, and  [Read More…]