Huawei's annual earnings report is out and it's a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.
You might have been distracted by Microsoft's colorful glossy Nokia X2 reveal, but Huawei will grab your attention with its somewhat strangely named Honor 6 flagship. Aside from sporting what is touted to be a processor as fast as Qualcomm's beasts, this smartphone boasts of a incredibly thin bezels that give more space to the device's screen. That screen measures 5.
IBM just reported its quarterly earnings and it's full of good news. It reported darnings per share of $4.32 and revenue of $24.36 billion. That's a beat, all the way around. Wall Street analysts expected $4.29 cents EPS on $24.12 billion in revenue. The expectations for revenue were modest, a 3% decline. IBM still reported a decline, but of only 2%.
Amazon has announced its fourth-quarter earnings for 2013, including a 20-percent increase in sales and an operating cash flow increase of 31-percent. There was a big jump in net income over the same quarter in 2012, as well, and a net sales rate of $25.59 billion in the past quarter.
PARIS – Huawei is taking another run at the global smartphone dominance of Apple and Samsung.On Wednesday, Huawei, already the third largest smartphone maker, introduced its latest phone, called the Ascend P7.
Amazon clearly didn't have any problems generating a profit this holiday. The online retail powerhouse says that it made atidy profitof $239 million in the fourth quarter of 2013, or more than twice as much as it manageda year earlier. That's on top of a year-over-year revenue increase, to boot -- Amazon raked in $25.59 billion during the quarter versus $21.27 billion at the tail end of 2012.
Lenovo may be the world'sbiggest PC maker, but it's clearer than ever that much of the company's growth now comes from mobile. The Chinese tech giant hasreporteda 30 percent year-over-year jump in its calendar fourth quarter profit ($265 million) that's owed partly to massive spikes in non-PC shipments. Its smartphone deliveries grew by 47 percent to 13.
Latin America (which had a 96.1% regional growth rate), the Middle East and Africa, Asia/Pacific and Eastern Europe, where Gartner notes sales grew by more than 50% in Q4.The country with the highest individual smartphone sales growth was India, which exhibited a 166.8% increase in Q4. China also contributed significantly to global smartphone sales with a rise of 86.3% in sales during 2013.
Google has posted the Q4 2013 earnings and while there was an increase in revenue, the company did manage to fall short in terms of expectations. Despite missing analyst expectations, Larry Page, CEO of Google noted how they "ended 2013 with another great quarter of momentum and growth." To that point, standalone revenue was up 22 percent year-on-year.
After its dominance in the smartphone world, Google’s mobile platform is now tops in the tablet industry. According to a research conducted by Gartner last month, Android tablets reached 121 million sales, which is 61.
You can feel Carl Icahn’s presence in Tim Cook’s recent announcement to the Wall Street Journal — Apple just repurchased the equivalent of $14 billion in Apple shares as part of its massive share buyback program . At today’s market capitalization, it represents just over 3 percent of the company.
Sony said it was "addressing various options" as recently as yesterday when it came to its VAIO PC and laptop arm, and while announcing its financial results for Q3 2013, it's apparently come to a decision.
LONDON – All is not well in the land of Angry Birds.On Monday, Rovio, the Finnish gaming company behind the once-popular franchise, announced a more than 50 percent drop in its 2013 net profit, to $37 million, compared with the previous year.
Google just published its Q4 earnings report and the results are mostly in line with Wall Street expectations, though it missed on earnings per share due to larger than expected losses at Motorola, which double
What is a flagship? For some companies, it's about cramming as many features into a device as physics allows. For Huawei, it means something else entirely: Though it creates smartphones for the power-hungry crowd, its most eye-catching devices typically favor mass appeal over brawn. Exhibit A: theAscend P7, a smartphone that emphasizes design and user-friendliness over a blowsy spec sheet.
Changes in the technology business are hurting Cisco Systems, and so far its chief executive, John Chambers, hasn’t shown Wall Street many numbers that say his recovery strategy is working.In fact, there are a couple of these numbers, along with a whole lot of questions about what lies ahead for the networking giant.In the quarter that ended Jan. 25, Mr. Chambers said, “our U.S.