Microsoft reported stronger-than-expected sales of its current Windows software despite all the buzz surrounding its upcoming Windows 8 revamp. The surprising boost from Windows sales actually helped Microsoft post a 6 percent increase in revenue for its Q1 2012 (fiscal Q3) earnings results, countering the company’s slowing Xbox and Kinect sales. Revenue brought in by Read The Full Story
Tomorrow afternoon Microsoft will report its fiscal third-quarter financial performance, detailing how it fared during the critical holiday season. The company is working to revamp its key operating system, become an OEM, and grow its mobile presence.
Oracle just reported earnings and it's another miss on revenue!It reported 59 cents EPS (analysts were expecting 56 cents). Non-GAAP revenue was $8.38 billion. Analysts were expecting $8.48 billion.This is Oracle's first fiscal quarter, not traditionally one of Oracle's biggest, so analysts were expecting a modest 3.3% increase in year-over-year revenues.The most important part of this quarter was if Oracle delivered as expected. The company's previous two quarters were misses on revenue.
Today Microsoft published its fiscal year 2014 second quarter earnings report, and among it is presented a varied picture: year-on-year results are looking up, while Windows has continued to suffer from the lack of PC demand and the Surface skyrocketed. Among these trimmings is the gaming side of its Devices and Consumer revenue: 3.
Apple has just released its financial results for the first quarter of fiscal 2014, which runs from the beginning of October to the end of December. The company earned $13.1 billion in profit on a record $57.6 billion in revenue. Both the revenue numbers and the company's 37.9 percent gross margin were in line with the guidance Apple released at the end of last quarter.
This afternoon Apple has shared their financial Q1 2014 results with the public, showing that, in the quarter leading up to the 30th anniversary of the Apple/Mac connection, the company continues to increase sales. This quarter's revenue racked up a cool $6.
Facebook hit a major milestone with today’s Q4 2013 earnings as it crossed the halfway point and now earns 53% of ad revenue from mobile, or $1.37 billion of its $2.59 billion in revenue this quarter. The small-screen skrilla comes from 556million daily mobile users up from 507 million in Q3, and 945million monthly mobile users up from 874 million.
Qualcomm, manufacturer of the Snapdragon chipset that powers so many smartphones, has released their Q3 2013 earnings. Officially, we find they are reporting $6.48 billion in revenue, a 33% increase over this time last year. That coincides almost directly with their rise in chipsets sold.Qualcomm notes they shipped 190 million MSM chipsets in Q3 2013, and 716 million units total in 2013.
Microsoft delivered a record-breaking first quarter on Thursday. Revenue was $18.5 billion for fiscal Q1 ending September 2013, up from $16 billion. That's good news for Microsoft's investors.The numbers tell a clear story: Microsoft is really killing it with its enterprise products. But it shouldn't be all that shocking because, since December 2012, Microsoft has been ratcheting up the prices on a whole lot of its enterprise products. Many customers were on the hook for those increased fees in last quarter."Microsoft is increasing prices more than it has at any time in its history, partly because key businesses like Windows 8 and Office 2013 are falling or stalled," wrote Paul DeGroot in a blog post in August for Software Licensing Advisors.Look at the category called "Commercial Licensing," which had $9.6 billion in revenue, up 7%, or $649 million, from $8.9 billion the year before. The category includes products like Windows Server, Microsoft SQL Server, Visual Studio, and System Center and the Microsoft Office products (Office, Exchange, SharePoint, and Lync). Those are all products bought by businesses for their workforces to use.Commercial Licensing saw a greater whole-dollar revenue increase than any of Microsoft's five other business segments.
Microsoft just delivered a strong quarter, beating revenue and EPS expectations . It did this despite a 3% drop on a year-over-year basis for Windows revenue. We spoke with Chris Suh, general manager of Microsoft's investor relations about the Windows business. Basically, consumer PC sales are tanking, but sales to enterprises are strong. Suh said Windows revenue for consumers was down 20%.
Twitter has revealed its Q4 2013 and fiscal year 2013 financial results, the first since the company's IPO, with revenue up an impressive 116-percent year-on-year. Q4 revenue reached $243m, Twitter announced , though monthly active users slowed, amounting to 241m at the end of the quarter, little more than the 232m at the end of Q3.
Apple’s Q4 2013 earnings conference call kicked off with Apple CEO Tim Cook saying “Apple’s business is stronger than ever” while briefly discussing the company’s new and upcoming products. Cook said the company sold 150 million iPhones and 71 million iPads during the 2013 fiscal year. Apple also made more than $16 billion in revenue from iTunes software and services.
Salesforce.com released its earnings today. Profits were right in line with expectations: 9 cents earnings per share, non-GAAP, exactly what analysts were expecting. On a GAAP basis, its EPS was a loss of $0.21.Revenue was $1.08 billion, marking the first time Salesforce.com has delivered a quarter at over $1 billion.
One Wall Street analyst expects Facebook stock to hit $72.50 , but the price remains around $54. On average, Wall Street analysts are expecting Facebook to eventually hit $58, but for weeks now FB has failed sustain a rally over $55. And we're all about to start hearing a lot of yelling about Facebook's business "slowing down." There is one metric that's causing all the fuss: comparables.
Sony’s new video game console outsold Microsoft’s by a healthy margin last year. But why? Many of those who have used the two systems and are not partisan to either company believe the two new consoles, the PlayStation 4 and Xbox One, are pretty close in terms of technical capabilities.
Amazon announced their Q3 2013 earnings today, and results are mixed. A huge jump in net sales helped the online retailer make an impact and bottleneck losses, but they’re still there. Though not as bad as in previous quarters, Amazon still takes a hit on their bottom line.With a reported net sales figure of %17.09 billion, you’d expect Amazon would be on easy street.
This weekend HP brought in a blast from the past in an attempt to boost its PC sales.Windows 7. In promotional material on its website and email blasts , HP says it'll start shipping PCs with Windows 7 again due to "popular demand." And that's not a good sign for Microsoft, which still bets that its touch-based Windows 8 operating system will reinvigorate the PC market.
Verizon announced their earnings for Q3 2013 today, and they’ve impressed once again. Continuing to steamroll the industry, Verizon reports over one million new wireless connections, and reports their LTE service is now carrying 34% of their network activity.Overall, Verizon reports they have an 8.4% increase year-over-year in earnings on a $0.78/share increase. This time last year, they had a $0.