After touting a “quarterly sales record” during the last earnings call, Sundar Pichai said today that the Pixel 6 is the “fastest selling Pixel ever.” The Alphabet CEO also teased more hardware and Android announcements for I/O 2022.
earnings Stories April 26
Alphabet today announced Q1 2022 earnings with $68.01 billion in revenue. These numbers range from January to March, and kick off the company’s fiscal year.
earnings Stories February 1
Google this afternoon reported its Q4 2021 and fiscal year earnings. Right off the bat, CEO Sundar Pichai touted a “quarterly sales record for [its] Pixel phones, despite supply constraints.”
Alphabet today announced Q4 2021 earnings with $75.32 billion in revenue. These numbers range from October to December, with the company also reporting fiscal year results.
earnings Stories October 26, 2021
Alphabet today announced Q3 2021 earnings with $65.11 billion in revenue. These numbers range from July to September, and reflect the increasing return to normal in some industries.
earnings Stories July 27, 2021
Alphabet today announced Q2 2021 earnings with $61.88 billion in revenue. These numbers range from April to June, and reflect an increasing return to normal in some industries.
earnings Stories February 2, 2021
Alphabet today announced Q4 2020 earnings with $56.9 billion in revenue. These numbers range from October to December, and include the holiday season.
earnings Stories October 29, 2020
Alphabet today announced Q3 2020 earnings with $46.2 billion in revenue. These numbers range from July to September, and includes the continuing impact of COVID-19.
earnings Stories July 30, 2020
Alphabet today announced Q2 2020 earnings with $38.3 billion in revenue. These numbers range from April to June, and includes the impact of COVID-19.
earnings Stories April 28, 2020
Alphabet today announced Q1 2020 earnings with $41.16 billion in revenue. These numbers range from January to March, and includes the impact of COVID-19.
earnings Stories February 3, 2020
Alphabet today announced Q4 2019 earnings with $46.075 billion in revenue. These numbers range from October to December, and includes the busy holiday shopping season for Made by Google’s hardware efforts.
earnings Stories October 28, 2019
Alphabet today announced Q3 2019 earnings with $40.49 billion in revenue. These numbers range from July to September, and did not entirely meet analyst expectations. expand full story
earnings Stories July 25, 2019
With the year well underway, Alphabet today announced Q2 2019 earnings with $38.94 billion in revenue. These numbers range from April to June, and slightly surpassed expectations with the stock up 7.39% in after-hours trading.
earnings Stories April 29, 2019
Alphabet today announced Q1 2019 earnings to start the new year with revenue of $36.33 billion. It notably takes into account the $1.7 billion fine levied by the European Commission over Google AdSense violations. These numbers range from January to March, and did not meet analysis expectations with the stock down over 4% in after-hours trading.
earnings Stories February 4, 2019
Alphabet today announced its Q4 2018 earnings to wrap up the last fiscal year. Including the busy holiday season, Google and the other companies earned $39.27 billion, up 22% from the same quarter last year. These numbers range from October to December and slightly surpassed analyst expectations, but the stock is currently down 3.69% in after hours trading.
earnings Stories October 25, 2018
Made by Google just announced its 2018 lineup and only just began sales of those products recently. While the new hardware is not yet reflected in the Q3 earnings that Google reported today, analysts asked about the progress in consumer hardware, with Sundar Pichai summarizing that “everything is progressing well.”
Ahead of the busy holiday season, Alphabet has just reported its Q3 2018 results, with earnings of $33.74 billion — up 21% from the same quarter last year. These numbers range from August to September and did not beat analyst expectations.
earnings Stories July 23, 2018
With the year well underway, Alphabet has just reported its Q2 2018 results, with earnings of $32.65 billion — up 26% from the same quarter last year. These numbers range from April to June and beat analyst expectations, with the stock up nearly 5% in after-hour trading.
earnings Stories April 23, 2018
Kicking of the year, Alphabet has just reported its Q1 2018 results, with earnings of $31.1 billion — up 26% from the same quarter last year. These numbers range from January to March and beat analyst expectations, with the stock up nearly 1.7% in after-hour trading.
earnings Stories February 1, 2018
Closing out last year, Alphabet has just reported its Q4 2017 results, with earnings of $32.3 billion — up 24% from the same quarter last year. These numbers cover October to December and do not fully meet analyst expectations, with the stock down nearly 4% in after-hour trading.
earnings Stories October 26, 2017
Alphabet has just released its Q3 2017 results, with earnings of $27.72 billion, up 24% from the same quarter last year. These numbers cover July to September of this year and beat analyst expectations, with the stock up over 4% in after-hours trading.
earnings Stories July 24, 2017
Alphabet has just published Q2 2017 earnings of $26.01 billion, up 21% from the same quarter last year. While these numbers beat analyst revenue expectations of $25.64 billion, the stock is down 3% in after-hours trading.
earnings Stories April 27, 2017
Alphabet has just published Q1 2017 earnings of $24.75 billion, up 22% from the same quarter last year. These numbers cover the first three months of the year and beat analyst expectations, with the stock up 4% in after-hours trading.
earnings Stories January 26, 2017
Alphabet has just published Q4 2016 earnings of $26 billion, up 22% from the same quarter last year. Covering the final three months of the year, these numbers notably include the first holiday season featuring the Google-made Pixel and Home. While beating analyst expectations, the stock is down in after-hours trading.
earnings Stories January 6, 2017
Despite the bad publicity and ensuing mass recall caused by the Note 7 exploding, Samsung is projecting a record profit in its guidance for Q4 2016 earnings. This is in stark contrast to LG Electronics which is on track to report its first quarterly operating loss in six years.
earnings Stories October 27, 2016
Ahead of its conference call, Alphabet has just published its Q3 2016 earnings. The company is reporting revenue of $22.4 billion, up from $18.6 billion last year in the same quarter. Additionally, the company reports a net income of $5 billion for the June-September quarter of 2016. Based on these results, Alphabet slightly beat analyst expectations, but the stock is down in after-hours trading.
LG Electronics has just reported its Q3 2016 earnings with profits falling over 50% from the previous quarter due to declining sales and operating losses from the mobile division. Year-over-year, operating profit fell only 3.7% due to the strong performance of their home appliance unit.
earnings Stories July 28, 2016
Ahead of its results call, Alphabet has published earnings for the second quarter of 2016. The company is reporting revenue of $21.5 billion, up from $17.7 billion last year in the same quarter, and has surpassed analyst expectations. Additionally, the company reports a net income of $5.9 billion for the second quarter of 2016. Based on these results, Alphabet stock is up over 27 percent in after-hours trading.
earnings Stories May 26, 2016
Lenovo has now published its financial earnings report for the final quarter of its 2015/16 fiscal year, ending in March. Highlights for the Hong Kong-based company include full year revenue of $44.9 billion, with Q4 revenue of $9.1 billion, which is down 19% on the same quarter last year. On the whole, it was a fairly uneventful quarter, but Lenovo recognizes its bid to bring in Motorola hasn’t gone as smoothly as planned.
earnings Stories May 9, 2016
HTC Q1 2016 earnings reveal 64% drop in revenue
HTC has published its financial results for Q1 2016 and things continue to look bleak for the once-giant of the smartphone world. The company made a loss of NT $4.8 billion ($148 million) on revenues of NT $14.8 billion ($455 million). Despite that, the company is predicting a strong 2016, thanks to the recent launch of its flagship smartphone and the market-leading Vive VR headset.
earnings Stories April 28, 2016
In contrast to Apple’s financial results for the first quarter of 2016, Samsung announced its official earnings for Q1 and saw a year-on-year 5.7% rise in revenue and 12% rise in profits thanks to the S7 series’ success.
earnings Stories April 11, 2016
LG profit rose 66% in Q1 but mobile business not yet improving
LG has said that it expects to announce its best financial results in nearly two years when it unveils its final earnings results for Q1 2016. Thanks to the drop in television panel prices and strong appliance sales, LG will see a 66% year-on-year rise in profits. Its mobile division, however, is struggling to make money.
earnings Stories February 1, 2016
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…
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 Stories January 29, 2016
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 Stories January 26, 2016
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 Stories January 15, 2016
Lei Jun, founder and CEO of China's mobile company Xiaomi, speaks at a launch ceremony of Xiaomi Phone 4, in Beijing, July 22, 2014. China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd. REUTERS/Jason Lee (CHINA - Tags: BUSINESS TELECOMS SCIENCE TECHNOLOGY LOGO) - RTR3ZN52
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 Stories January 8, 2016
Samsung issues Q4 2015 guidance, profit up 15% year-on-year
Samsung has issued its earnings guidance for the fourth quarter of 2015, and things look to be heading in the right direction, albeit slowly. Samsung estimates that its profit for the quarter reached 6.1 trillion Korean Won, or roughly $5.1 billion US Dollars. That was based on estimated sales worth 53.0 trillion Korean Won ($44B USD).
While other Android smartphone makers are struggling to make any progress financially, Samsung’s Q4 estimates (if accurate) will see them beat last year’s final quarter profits by 0.8 trillion Korean Won, or approximately $666 million USD. That’s an increase of 15% year-on-year.
If anything, it shows that Samsung’s 2015 focus on creating fewer, but higher quality handsets is working. A big part of that focus was moving away from the plastic flagships of the past to make solid, glass and metal handsets with market-leading specifications.
Rather unusually, however, Samsung did see a quarter-on-quarter drop from Q3 2015, in which it made 7.4 trillion Korean Won. Holiday sales are usually stronger than any other quarter for most tech companies, so Samsung may be a little worried to see the 18% drop from Q3 even if Q4 was an improvement on the same quarter in 2014. One explanation, of course, is that Samsung released its last high-end flagship smartphone right in the middle of Q3, while many other competitors waited until October/November.
As 2016 rolls in, the competitive landscape is only going to get tougher for Samsung. Companies like Huawei and Xiaomi are expected to renew their focus on markets where Samsung is normally very strong. And, if Huawei’s 2015 performance is anything to go by, Samsung should definitely be keeping an eye over its shoulder.
earnings Stories December 31, 2015
Following some very strong quarterly results, Huawei today revealed that 2015 was a resounding success. Although it was a little light on details, the company (as reported by WSJ) saw its full-year revenue for 2015 rise to 390 billion yuan (roughly $60.1 billion USD). That’s up more than 35% on the full calendar year previous…
earnings Stories November 12, 2015
Lenovo suffers Q2 loss, no thanks to smartphone sales and Motorola acquisition
Despite a 16% year-on-year growth of revenue to $12.2 billion, Lenovo has just announced its first quarterly loss in six years. In its fiscal Q2 earnings results, the manufacturer blames both the competitive nature of the smartphone market and the restructure following its finalized Motorola acquisition for its losses.
Before tax, Lenovo lost around $324 million on unsold smartphone inventory and $599 million to “restructuring costs”.
The official HKFRS losses were driven by the realignment plans Lenovo disclosed during its Q1 results, including worldwide expense reduction actions across all businesses, the integration of the System x Business, the organization and brand alignment of Motorola and the Lenovo Mobile Business Group and clearance of smartphone inventory.
It’s not entirely bad news for Lenovo though. The addition of the Motorola brand has meant the company saw a year-on-year sales increase of 104% of in its Mobile Business Group. It sold $2.7 billion worth of smartphones, Android tablets and TVs. $1.4 billion of those were Motorola sales. Most of this growth is down to sales outside of China. Across the first two quarters of its financial year, 70 percent of its mobile products were purchased outside Chinese borders. This time last year, that figure was just 19 percent.
Unlike the rest of the tablet industry, Lenovo’s sales actually grew, selling 18.8 million units, up 11 percent from last year.
Despite making a loss last quarter, Lenovo is convinced that the mobile division will return to money making ways after the next couple of quarters. With the rise of competitive and affordable products from other brands, it’ll be a tough challenge. But, with the likes of the Moto G, Moto X and new DROIDs in its lineup, the company certainly has the hardware to compete. What’s more, it just opened its very first boutique retail store in Chicago to help boost high street presence.
earnings Stories October 28, 2015
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 Stories October 23, 2015
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 Stories October 22, 2015
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 Stories October 5, 2015
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 Stories July 30, 2015
Sony posts strong quarterly financial results, despite faltering mobile division
Sony just posted its latest quarterly results for 2015. The company’s net profit rose to ¥82.4 billion (roughly $664 USD), way above what any analysts expected. Sadly for Xperia fans however, this was all despite its smartphone sales, not because of them.
Sony’s strongest performing category was the PS4 division which saw a 12.1% increase in sales to ¥288.6 billion ($2.3 billion USD) after selling three million PS4 units, and increasing software and peripheral sales. Its other strong performer was the camera sensor division. Sony sells its mobile camera sensors to a number of companies, including Apple, Motorola and Samsung among many, many others. From camera sensor sales alone, Sony pulled in ¥237.9 billion ($2 billion USD).
Sales across the company however are almost flat year-on-year, mostly thanks to the faltering smartphone sales. Sony’s mobile division saw sales drop 16.3%, but this isn’t entirely surprising. The once-popular manufacturer has openly stated that it will focus on a smaller group of handsets with healthy margins. Although this leads to less revenue in the short run, profit margins should increase in the long term, if the company balances the marketing strategies suitably.
Sales decreased 16.3% year-on-year (an 18% decrease on a constant currency basis) to 280.5 billion yen (2,299 million U.S. dollars). This decrease was due to a significant decrease in smartphone unit sales resulting from a strategic decision not to pursue scale in order to improve profitability
Sony also saw declines in its Sony Pictures’ sales and its home entertainment (TV and AV gear) division. They saw decreases of 11.9% and 13.8% respectively.
earnings Stories July 29, 2015
After releasing its guidance earlier this month, Samsung this evening has disclosed its full earnings for second quarter of 2015. The company reports an operating profit of $5.9 billion with revenue of $41.5 billion. In the year ago quarter, Samsung reported operating profits of $6.17 billion.
earnings Stories July 20, 2015
Huawei, the Chinese-based manufacturer making a name for itself in the Android smartphone market, has released a peek at its earnings results for the first half of 2015, despite being a privately-held company. The results suggest Huawei is doing quite well for a company which already ships millions of phones globally on an annual basis, although the company doesn’t just make smartphones — it also has its hand in enterprise with products in cloud computing, data storage, and more, as well as in the carrier business where it offers network technologies for telecommunications operators to easily scale their mobile broadband infrastructure.
earnings Stories July 17, 2015
Google stock set to open at record high following strong earnings
We’re just minutes until the the market opens for the day and Google has already started on a high. Following its strong Q2 financials (announced yesterday), GOOG has shot up in after-hours trading and is up around 13% on yesterday. Last night it announced revenue of $17.7 billion — up 11% YoY — and net income of $3.93 billion.
Seems Wall Street is happy with the results from Q2 leading to a surge in trading after hours, pushing its stock price up past $650. If pre-market numbers are any indication, once the market opens for trading, GOOG should be at its highest point ever. Before now, it’s previous high was set in February last year when it reached $607.
Ruth Porat, Google’s new CFO stated:
“Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as YouTube and programmatic advertising. We are focused every day on developing big new opportunities across a wide range of businesses. We will do so with great care regarding resource allocation.”
With Google’s steady rise on the stock market, it’s hard to see the company failing any time soon. Let’s hope there are many more strong quarters in store.
