Despite renewed interest in its Lumia smartphones on American shores, Nokia’s first quarter results are bleeding a lot of red ink, both financially as well as in total units sold, which is down by more than half year over year.
Judging from first quarter results this year, Google’s Android is not a guaranteed sure thing. On one hand, South Korean electronics giant Samsung just announced a healthy profit for Q1 2012, but rival HTC is feeling the blues with a 70 drop in profit from last year.
Where will you be on Tuesday, April 24, 2012? If you’re an investor in Apple or otherwise invested in the company’s future, you’ll probably be tuning into the next conference call to discuss the company’s second-quarter earnings call.
You’ve almost gotta feel bad for the tech companies who have to announce quarterly financial results in the wake of Apple’s gangbuster $46.33 billion fiscal first quarter. Case in point: Nokia, the onetime giant of the cell phone business, whose fortunes have gone the other way in the last quarter, with a $1.3 billion loss. Hang in there, Nokia… it’s almost Friday, and the weekend is sure to be kinder on you than the last three months. Meanwhile, let’s have a peek at what else is making news on this Thursday, January 26, 2012.
Still reeling from yesterday’s blowout fiscal first quarter financial results from Apple? Then you’ll want to keep reading as we detail a few tidbits of other data culled from the company’s conference call with investors, not to mention a handful of other news that’s making the rounds in the middle of this final week of January. Ready to proceed? Then let’s get started with the latest news from Wednesday, January 25, 2012.
We’re all familiar with the expression “what goes up, must come down” -- but apparently that means nothing to the folks at Apple Inc., who continue to soar ever-higher with their quarterly financial results. Tuesday was no exception, with first quarter revenue of $46.33 billion and net profit of $13.06 billion. Is there any end in sight for this runaway money-making freight train?
It’s a sad day when a once-mighty company like Eastman Kodak Co. is reported to be filing bankruptcy in the next few weeks, but that’s exactly what appears to be going down this Wednesday. Of course, we’re all to blame, what with the convenience and quality of digital photography these days. Thankfully, there’s some brighter news to be found today as well, so without further ado let’s commence with a handful of tidbits for this Wednesday, January 4, 2012.
You made it through Wednesday and the weekend will be here soon enough, so give yourself a pat on the back! It was also a challenging day for some of Apple’s partners, with a Swedish carrier predicting gloom and doom for Cupertino over the lack of LTE in its handsets, and AT&T swinging back and forth with good news about iPhone 4S activations and less good news for the last quarter overall. Here’s what’s making news for Thursday, October 20, 2011.
There may not have been a new iPhone this past summer, but Apple continued to ride high in its fiscal fourth quarter anyway, reporting record sales of the Mac and iPad product lines as well as the company’s highest September quarter revenue and earnings ever -- but go figure, the analysts are looking at the glass as half empty anyway.
Let’s say you’re the chairman of a company who’s done quite well in the netbook business but just lost money for the first time ever. How would you convince your investors that your key product isn’t being damaged by the iPad? If you’re Acer, you just laugh and call it some kind of crazy new fad that will fade in time.