Tag Archive: Revenue


App revenue increased by almost a quarter to $21.9b in 2019 Q3

What you need to know App revenue increased by 23%. $ 21.9 billion was spent. App Store makes up the lion’s share.

Games continue to prove popular on mobile.

Independent developers might be struggling to make money in various app stores, but there is money going somewhere. App revenue has increased to $ 21.9 billion for the third quarter of 2019, up from $ 17.9 billion the previous year. That’s growth of a massive 22.9%.

These numbers  [Read More…]

Alphabet saw slowest revenue growth in three years during Q1 2019

Expenses increased by 16.5% up to $ 29.7 billion.

Right on time, Google’s parent company Alphabet held its Q1 2019 earnings call on April 29 to enlighten everyone about its performance over the last three months. While there were quite a few wins announced during the call, there is one loss that stands out quite a bit.

Alphabet’s quarterly revenue hit $ 36.6 billion, and while that’s certainly a good heap of money, it’s lower than Wall  [Read More…]

Huawei posts record $107 billion in revenue for 2018

Huawei’s U.S. troubles haven’t affected its bottom line in any meaningful way.

2018 was a turbulent year for Huawei in the U.S., but it looks like its troubles haven’t had any impact on the company’s bottom line. In spite of political headwinds in Western markets, Huawei posted revenues of $ 107 billion (721.2 billion yuan) for the year, surpassing the $ 100 billion mark for the first time. Overall revenue was up 19.5% from 2017, and Huawei  [Read More…]

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…]