Alphabet’s just-released Q4 earnings has seen its stock price rise in after hours trading, resulting in the Mountain View-based company passing Apple to become the most valuable company in the world. The company’s market capitalization was $517.6 billion at close, and while the price is still fluctuating after hours, Alphabet’s market cap will be over $540 billion tomorrow if these prices hold…
earnings February 1
Alphabet has today posted its Q4 2015 earnings and fiscal year 2015 results. The company reports revenue of $21.3 billion, which is up 18%. Net income for Q4 2015 was $3.97 billion. Meanwhile, both Alphabet Class A stock and Class C stock is soaring in after-hours trading, briefly giving Alphabet the top spot as most valuable company in the world.
earnings January 29
Sony has published full financial results for its third fiscal quarter (Q4 for everyone else), and things are looking pretty flat for the Japanese tech giant. Overall, the company made just over $1 billion USD in profit in the three months ending on December 31, 2015. Sony saw a significant increase in PS4 software sales, and in its motion picture department. Sadly, a substantial decline in smartphone sales means the company as a whole only increased its revenue by 0.5% on the same quarter a year ago…
earnings January 26
LG announced its Q4 2015 earnings this morning and revealed that although the company as a whole saw growth and profitability, the mobile division made a loss. LG made $308 million in Q4 thanks mostly to strong performance from its Home Appliance and Air Solution Company.
Despite LG’s mobile division making a loss of around $39 million, LG managed to sell 15.3 million smartphones globally in the fourth quarter, bringing its total for 2015 up to 59.7 million units. That’s slightly better than 2014, when LG managed to sell 59.1 million smartphones. Sequentially, fourth quarter sales were up 12% on the third quarter, thanks to strong performance in North America, presumably as a result of launching the V10 flagship smartphone and holiday season sales…
earnings January 15
Xiaomi has announced that it sold over 70 million smartphones over the course of the entire 2015 fiscal year. The company didn’t state exactly how many smartphones were sold, but it has improved on its 2014 total by around 10 million units. It’s not all positive for Xiaomi though, it missed its own 80 million projection set for 2015 which itself was reduced from an original target of 100 million…
earnings January 8