During the company’s earnings call for the first quarter of 2015, Google CFO Patrick Pichette made a comment concerning its “other revenues” stream. The “other revenues” category consists of revenues from the Play Store and now Google Store, and it’s one of the company’s smallest sources of money. But Pichette noted that while revenue from “other revenues” was up 23 percent year-over-year to $1.8 billion, revenue was down 3 percent compared to the fourth quarter of 2014.
decline Stories April 23, 2015
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Samsung this evening has released its earnings guidance for Q1 of 2015. The company expects to, yet again, post a decline in profit and revenue year-over-year. Samsung expects its operating profit for Q1 2015 to be $5.43 billion (5.9 trillion won), which beats analyst estimates of $4.8 billion (5.3 trillion won). The company expects revenue of 46 trillion won, which is slightly lower than estimates of 49.8 trillion won.