Google today has posted its earnings for Q1 2015. The company reports revenue of $17.3 billion, which is up 12 percent compared to the first quarter of 2014. Net income for Q1 2015 was $3.68 billion For the first quarter of 2015, the company also reports earnings per share of $6.57. Google CFO Patrick Pichette cites momentum of its mobile advertising business as a reason for its strong performance.
Samsung, just a week after Apple, has reported its first quarter earnings for 2014. As an entirety, the company reported $51.8 billion in revenue, up slightly over this time last year, coming out to $8.2 billion in operating profit and $7.3 billion in net profit. More specifically, its mobile division accounted for $30.29 billion of that revenue and $6.2 billon of that profit.
Research firm Gartner released its numbers today for “Worldwide Mobile Device Sales” during Q1 2012. There are not many surprises in the report when it comes to Apple, but Gartner estimated Samsung sold 38 smartphones during the quarter, which is less than the 42.2 million estimated by IDC earlier this month and more than the 32 million by IHS iSuppli. With Apple confirming 35.1 million iPhones sold during the quarter, Gartner’s numbers put Samsung as the both the No. 1 smartphone and overall mobile device vendor. The report also noted Samsung and Apple together accounted for 49.3-percent of the global smartphone sales, which is up from just 29.3 percent in Q1 of last year:
“The continued roll-out of third generation (3G)-based smartphones by local and regional manufacturers such as Huawei, ZTE, Lenovo, Yulong and TCL Communication should help spur demand in China. In addition, the arrival of new products in mature markets based on new versions of the Android and Windows Phone operating systems (OSs), and the launch of the Apple iPhone 5 will help drive a stronger second half in Western Europe and North America. However, as we are starting to update our market forecast we feel a downward adjustment to our 2012 figures, in the range of 20 million units, is unavoidable.”
On the platform side, Gartner’s report estimated both Android and iOS accounted for 79 percent of global smartphone sales—up from just 53.3-percent in Q1 2011. Of that 80 percent, Android grabbed 56.1-percent, which is slightly higher than the 51 percent of the United States market, according to estimates from comScore earlier this month. Apple took in the remaining 22.9-percent, which is less than the 30.7-percent comScore estimated for the U.S. market:
Gartner analysts said the smartphone market has become highly commoditized and differentiation is becoming a challenge for manufacturers. “At the high end, hardware features coupled with applications and services are helping differentiation, but this is restricted to major players with intellectual property assets. However, in the mid to low-end segment, price is increasingly becoming the sole differentiator. This will only worsen with the entry of new players and the dominance of Chinese manufacturers, leading to increased competition, low profitability and scattered market share.”
Google just announced its Q1 2012 earnings before the live call set to start at 4:30 p.m. EST.
The Mountain View-based Company is reporting revenues are up 24 percent year-over-year. Revenue is at $10.65 billion, and net income is at $2.9 billion for the quarter. Sites owned by Google generated $7.31 billion in revenue, which accounts for 69 percent of total revenues. International revenues for the company totaled $5.77 billion (or 54 percent) of total revenue.
As of today, Google has $49.3 billion in cash or cash equivalents. The company also had 32,467 full-time employees at the end of 2011.
You can read the full press release after the break:
Following Nielsen’s latest survey that showed over 90 percent of United States smartphone buyers are choosing iOS or Android, research firm comScore today released its data of the top smartphone platforms and OEMs in the U.S. The survey included more than 30,000 people over a three-month period ending February 2012. It found Android was up 17 percentage points from a year ago with 50.1-percent of the U.S. smartphone market. In comparison, Apple’s 30.2-percent accounted for an increase of 5 percentage points from the same period a year ago.
According to comScore, Google passed the 50 percent milestone for the first time during February 2012. The numbers represent a 3.2-percentage point increase over previous three-month period for Google, and a 1.5-percentage point increase for Apple.
Gartner is out with their first quarter 2011 mobile phone market survey. The results are astounding. The first quarter belonged to Google and everyone else was reduced to extras in an Android show. Both Apple and Google grew their respective share of the smartphone market, estimated at 100.8 million quarterly units – nearly double the 54.5 million units from the year-ago quarter. Smartphones grew 85 percent and cut into sales of regular handsets, accounting for almost one quarter (23.6 percent) of the 427.8 million handsets shipped during the first quarter.
Predictably, Android was the leading smartphone platform in the first quarter of 2011. And here comes your mind-boggling takeaway: More Android-powered smartphones were sold during the first quarter than the combined sales of Apple’s iPhone, RIM’s BlackBerrys, Microsoft Windows Phone smartphones and vendors belonging to the Other OS category. And that is worldwide, mind you. Go ahead, do the math yourself (the below table).
It’s fascinating that Microsoft and Symbian combined had three percentage points lower market share than Android. Also, while Apple doubled iPhone sales, they barely gained any marketshare. This just shows that Android is gobbling up market share at a rapid pace, eating pretty much everyone’s lunch in the process…
