quarter profit Stories February 9, 2012

Marketing research firm Compete released a study depicting Google+ as half the size of Twitter, and it suggested the +1 button is now available everywhere on the Internet.

Click to enlarge.

Google’s social platform launched June 28, 2011 and quickly sought to combine personal search, custom social networking, and significance to any website with a new +1 feature (similar to Facebook’s “like” button). The Mountain View, Calif.-based Company saw $37.9 billion dollars of revenue last year— an appropriate correlation to its swelling Google+ service.

The social network reached a high of 20 million unique visitors, 50 million visits, and 200 million page views in December 2011, according to Compete. Those statistics corroborate recent estimates that peg Google+ as gaining 750,000 users daily.

“It is now safe to say that Google+ is becoming an enormous success, with nearly half of the unique visitors of Twitter (40,411,065 unique visitors in December),” announced Compete…

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quarter profit Stories January 6, 2012

Samsung Electronics reported a record quarterly profit Friday due to leading sales of high-end phones and a gain from selling its hard-disk drive business.

The South Korean company  posted 5.2 trillion won, or $4.5 billion USD, in quarterly operating profit. The figure pummeled Reuters’ consensus forecast of 4.7 trillion won, where the news wire said actual profit “may rise or fall by 200 billion won from the preliminary figure when the firm provides detailed earnings later this month.”

Reuters further elaborated after the profits were posted that the result would “top Samsung’s previous record profit of 5.0 trillion won earned in the second quarter of 2010 and is up 22 percent from the preceding quarter.”

Meanwhile, Reuters contended, Samsung’s one-off gains predicted for the fourth quarter include the sale of its hard-disk drive business to Seagate Technology that amassed around 500 billion won, and the lowered mobile provisions involving royalty payments…

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