Hasta La Gadget!

Despite a bit of bad press for its Model S and a less-than-ideal close to the 2012 financial year, things have been looking up for Tesla. Sales are on an upward climb, company CEO Elon Musk has sworn to deliver more superchargers, better service for customers and continues to tout his EV’s high resale value. After promising in Q4 of 2012 that Tesla would turn a profit the next quarter, the EV manufacturer has done so — generating $15 million in net income and $562 million in revenue in Q1 2013.

During the first quarter the company built 5,000 Model S cars, and is scheduled to build the same number in Q2 to keep pace with the 20,000 orders expected this year. To better service all those vehicles, Tesla opened 12 new service locations in Q1, with 18 more to come online by the end of 2013. Additionally, the company plans to start deliveries of Teslas in Europe in Q3. An investor call with Mr. Musk will be starting shortly, and we’ll update things here should he have any other news to share.

Update: During the call, Musk said that the company plans to build upon its newfound financial success by continuing to focus on increasing production efficiency for the Model S — which is why the Model X has been delayed until late 2014. He also made mention of the fact that roughly half the folks buying the 60 kWh Model S are upgrading to supercharging hardware at purchase (85kWh cars have it standard), and he expects that number to grow as the Supercharger network grows in 2013.

Filed under: Transportation

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Source: Tesla [PDF]

Electronic Arts has reported its Q4 2013 earnings, and the company boasted a $1.04 billion revenue, which is up from $977 million a year ago. Net income also saw a growth from last year, with $169 million in cold, hard profit for the quarter, compared to $56 million during the same quarter last year. However, it was the game sales that EA really wanted to show off.

Since the game’s launch in March, SimCity has sold over 1.6 million copies so far, even despite the fiasco that erupted during launch. EA says that half of these sales were from digital downloads, meaning that 800,000 copies of the game were sold through EA’s Origin gaming service alone, which is quite impressive.

As for other games that EA highlights, FIFA 13 has sold over 14.5 million copies in EA’s fiscal year 2013 so far, and EA says that Battlefield 3 Premium has over 3.5 million subscribers to date. As for the company’s latest iOS game, Real Racing 3 has seen more than 30 million downloads, and has been averaging over 2.5 million daily active users since its launch.

Despite all the hate that EA has been getting lately, including its “Worst Company in America” award for the second straight year, EA claims that they were the number one publisher in “Western retail markets” during the past quarter, as well as the number one publisher in the world when it comes to iOS games. Sales speak for themselves, we suppose.

EA points toward SimCity sales as high point in recent quarter is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Facebook has reported its Q1 2013 earnings today, and there seems to be mixed results across the board. The company scrounged up $1.46 billion in revenue, which is up 38% from the same quarter last year, but it’s not up to par from where the company was at over the summer. As for net profit, the company earned $312 million and earnings of 12 cents per share.

As for the social network’s user base, the latest figures show that mobile usage on Facebook is continuing to rise. The company boasts that 751 million users are accessing the social networking site via mobile devices, while only 665 daily users are visiting through the desktop. This is the second quarter in a row where mobile users have trumped desktop users.

As for advertising, Facebook says that $375 million of its advertising revenue came from mobile alone, while 30% of the company’s revenue this quarter came from advertising, proving that putting ads on their service is one of the most lucrative things that they’re doing, which means that users won’t see a slow down in the number of ads they see anytime soon.

As for the number of monthly active users on Facebook, the company has updated that number to 1.11 billion users, which is a 23% increase from the same time last year. As for Facebook’s 665 million daily active users, that’s up from 26% from the same quarter last year. It’s been interesting to see Facebook’s usage grow and grow, but we have to be approaching a point when they’ll hit a plateau. When will that be, exactly?

Facebook rakes in $1.46b revenue, 751m mobile users in Q1 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Comcast had a dramatic Q4 last year when it announced the buyout of NBCUniversal for $16.7 billion along with the purchase of New York’s iconic 30 Rockefeller Plaza. Still, it’s the cable TV and internet business that pays the freight, and that side of the Comcast’s operations didn’t it let it down in Q1 2013 thanks to a 6.4 percent bump in revenue to $10.2 billion along with 583,000 new subscribers. Other operations didn’t fare as well, as revenue for NBCUniversal dropped 2.4 percent to $5.3 billion, but the overall picture was still pretty sunny, as the communications giant saw an 11.2 percent increase in operating income over last year to $3.1 billion. If you want to see a breakdown by division, check the source for more.

Filed under: Home Entertainment, Internet, HD

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Source: Comcast

Welcome to The After Math, where we attempt to summarize this week’s tech news through numbers, decimal places and percentages

We’ve been getting our first unfiltered experiences with Google Glass this week, which makes it the perfect time to go over some of the salient points up until now. At the same time, Apple sold more hardware, more apps and made even more money — it was largely another good quarter for the Cupertino coffers. Add in a million-second game show and there are more than enough numbers to play around with in this week’s After Math.

Filed under: Wearables, Apple, Google

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