Tag Archive: Revenue


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…]

Android apps will generate more revenue than iOS this year, but only due to third-party app stores

On its own, the Google Play Store still trails behind Apple’s App Store.

This is a fun piece of news in the midst of all the Samsung smartphone craziness. App Annie, an app store analytics platform, is predicting that iOS will fall behind Android in revenue generated by mobile apps this year.

The estimate includes third-party app stores compatible with Android, like the Amazon App Store and Samsung’s Galaxy Apps. The Google Play Store is expected to  [Read More…]

Pokémon GO surpasses $1 billion in worldwide gross revenue

In case you were wondering if Pokémon GO was still an absolute juggernaut in the world of mobile gaming.

Just over seven months after it’s release last July, Pokémon Go has surpassed $ 1 billion in worldwide gross revenue, according to data collected from both the Google Play and iOS App Store and reported by Sensor Tower in their latest blog post. Since the game is a free download from its respective app stores, that means that number comes  [Read More…]

Alphabet posts revenue of $26 billion as hardware unit gains momentum

Alphabet’s Other Bets are starting to pay off.

Google’s parent company Alphabet posted Q4 2016 earnings of $ 26 billion, an increase of 22% from the $ 21.3 billion it netted during the same period in 2015. Profits also saw a healthy increase to $ 5.3 billion, up $ 300 million from last quarter.

With $ 22.4 billion coming in from advertising, search and YouTube ads continue to be the main driver for Alphabet. As usual,  [Read More…]

Google’s Pixels expected to produce $4 billion revenue in 2017

Google’s new Pixel phone couple is very popular among the Android crowd. So popular that a new report from research firm Morgan Stanley, coming to us via Business Insider suggests that Google will cash in a total of $ 3.8 billion in 2017 from Pixel sales alone. The report makes a few predictions. First off it

Xiaomi focusing on ‘recurring revenue streams,’ isn’t worried about shrinking phone sales

Xiaomi is looking to the smart home segment for profits.

Xiaomi isn’t worried about shrinking sales in China affecting the company’s long-term profit growth. That’s according to global VP Hugo Barra, who revealed in an interview with Reuters that the focus is instead on creating “recurring revenue streams:”

Basically we’re giving [handsets] to you without making any money… we care about the recurring revenue streams over many years.

We could sell 10 billion smartphones and  [Read More…]