Hasta La Gadget!

It’s Microsoft’s turn at quiet-before-the-storm quarterly results, and that’s evident in the fiscal first quarter earnings it just dropped on our laps. The Redmond team is reporting $16.01 billion in revenue, but a more modest than usual $5.31 billion in profit over the summer — while it’s healthier than the Q4 loss stemming from the aQuantive write-off, it’s not as impressive as the $7.2 billion profit from a year ago. While a tough PC market is partly to blame, it’s equally hard to say that Microsoft couldn’t have done better. There’s a real chance that some of its customers have been holding back on purchases in anticipation of the Windows 8 and Windows Phone 8 launches; it’s already setting aside $1.36 billion in revenue for Windows and Office upgrades. The company is unquestionably preparing itself for a giant spike in demand once at least Windows 8 rolls around later this month, so we’d say that the real litmus test will be the results we get after the holidays.

Continue reading Microsoft announces Q1 earnings with $5.31 billion in profit, braces for Windows 8 surge

Filed under: Cellphones, Desktops, Laptops, Tablets, Software, Microsoft

Microsoft announces Q1 earnings with $5.31 billion in profit, braces for Windows 8 surge originally appeared on Engadget on Thu, 18 Oct 2012 16:06:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

Hot off the heels of a slightly disappointing Q2, mega chip-maker Intel’s Q3 results are in. Good old Chipzilla managed to wrangle $13.5 billion in revenues with a net profit of $3 billion. While Intel’s latest figures reflect a profit of about 5.1 percent sequentially, the company is still taking a dip year over year of around 19 percent. “Our third-quarter results reflected a continuing tough economic environment,” said Paul Otellini, Intel’s CEO. Happy to take progress in any form during a trying economy, the company’s fourth quarter strategy will highly focus on the success of ultrabooks, phones and Intel-powered tablets. While its recent gains may be somewhat slim, last we checked, a win is a win.

Continue reading Intel reports Q3 earnings, revenue holds steady at $13.5 billion

Filed under: Misc, Intel

Intel reports Q3 earnings, revenue holds steady at $13.5 billion originally appeared on Engadget on Tue, 16 Oct 2012 16:29:00 EDT. Please see our terms for use of feeds.

Permalink   |  Intel  | Email this | Comments

HTC is continuing to suffer. Despite the launch of its well-received One X, the latest financial results show that the company’s profits have dropped 79 percent from last year. More »

RIM may have given us hope that its transition to BlackBerry 10 has turned a corner, but that doesn’t mean the dark clouds have entirely broken just yet. The company’s second fiscal quarter saw it generate $2.9 billion in revenue, a slight gain over last quarter, while it posted a net loss of $235 million — again better than expected, but not the best news it could deliver. Waterloo’s main challenge was holding on to its smartphone base. While RIM did expand the total BlackBerry user base to 80 million, its phone shipments dropped from 7.8 million to 7.4 million and were braced by shipments of just 130,000 PlayBooks, or half as many tablets as were delivered in the spring.

The sunshine is mostly found in the total picture. RIM says it’s still on track to deliver the first BlackBerry 10 phones in early 2013; while the smartphone maker is bracing for an operating loss in its ongoing third quarter, the higher revenue and reduced losses suggest to CEO Thorsten Heins that RIM is getting its fiscal house in order before BlackBerry 10 (hopefully) renews interest. Full details of the company’s financial performance are available after the break.

Continue reading RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss

Filed under: Cellphones, Tablets, Mobile

RIM posts Q2 earnings: $2.87 billion in revenue, softer $235 million loss originally appeared on Engadget on Thu, 27 Sep 2012 16:09:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments

You may have since forgotten, but today was the original kick-off day for Nokia World 2012. With the big show canceled and the devices already launched, we instead opted to drop by the smartphone maker’s headquarters just outside Helsinki. We’re spending three days here in Finland, meeting with executives to get an inside look at the company’s next-generation smartphone lineup. Our first face-to-face is with Nokia’s chief executive himself, Stephen Elop, who has generously offered up 30 minutes to answer your questions. Because of the time constraints, we won’t be able to accommodate every request, but we’ll certainly do our best.

There are two ways to submit your questions: leave a comment below, or you can send us a tweet @EngadgetLive — once the session begins, we’ll only be able to accept messages through Twitter, and you’re welcome to ask questions before we start and as a follow-up to Stephen’s responses, as well. In order to accommodate the largest possible audience, we’ll be using our liveblog tool to post both questions and answers, so bookmark this page and hop on over there at 4AM Eastern tomorrow. As always, you’ll also find the local time just below. Now about those questions…

Filed under: Cellphones, Mobile

Engadget Live: Join us at 4AM ET for an ‘ask me anything’ Q&A with Nokia CEO Stephen Elop! originally appeared on Engadget on Mon, 24 Sep 2012 12:00:00 EDT. Please see our terms for use of feeds.

Permalink   |   | Email this | Comments