earnings November 12
earnings October 28
Huawei has announced its financial results for Q3 2015, and things are looking good for the Chinese smartphone maker. Having just surpassed Xiaomi as the top manufacturer in China, the company just announced that it shipped an impressive 27.4 million smartphones in Q3. That puts it on course to ship a total of 100 million smartphones in 2015, and represents a huge 63% jump on the same quarter in 2014. On a global scale, that puts it securely in third place, but it’s still some distance behind Samsung and Apple…
earnings October 23
Yesterday, Google’s parent company Alphabet released its earnings report and announced its first stock buyback program. Investors welcomed the news and sent the company’s stock soaring 11.8% in early trading Friday morning, which pushed Alphabet’s (GOOG) market capitalization passed the half a trillion mark. expand full story
earnings October 22
Alphabet has today — for the very first time since the company’s major restructuring earlier this year — posted Google’s earnings for Q2 2015. The company reports revenue of $18.7 billion, which is up 13%. Net income for Q3 2015 was $3.97 billion. More importantly, Google is initiating its first buyback program, planning to buy $5,099,019,513.59 of its Class C capital stock.
Meanwhile, Alphabet stock is soaring.
earnings October 5
Continuing its trend from recent quarters, HTC has announced yet another loss-making financial period. The Taiwan-based tech company lost a total of NT$4.94 billion (approx $151M USD) after taxes and operating costs in the three month period ending in September. Overall revenue dropped nearly NT$12 billion ($367M USD) quarter-on-quarter to NT$21.4 billion ($655M), with a loss of NT$4.49 billion ($137M) before tax and costs…
earnings July 30