Following Microsoft’s latest quarterly numbers posted earlier this evening, Samsung has revealed its own latest financial results. Not surprisingly, the Korean company saw increased profits, making this another solid quarter in what has been a generally strong line of reports. This comes at a time when some of the company’s big products have failed to […]
Microsoft has announced its latest quarterly revenue numbers, with the quarter ending late last month showing an upswing in revenue in several areas, though Windows OEM revenue had dropped 7-percent. Overall, the company pulled in $18.53 billion in revenues, with its gross margin clocking in at $13.42 billion. Such numbers, says Microsoft, are a reflection […]
Samsung has revealed its estimated third quarter earnings, showing a record profit that beat analysts estimates. The final numbers won’t be in until later this month, but the preliminary numbers show that the operating profit will fall between 9.9 trillion won and 10.3 trillion won, while the sales numbers are higher at 58 trillion won […]
Lenovo has revealed its first-quarter earnings, showing a 23-percent increase in net profit that trumps what analysts had anticipated. Among the numbers, however, was one particular tidbit of information that further solidifies perspectives on the industry as a whole: Lenovo saw greater profits from its mobile devices rather than PCs. The PC industry has seen […]
It goes without saying that HTC has been focusing on the top-tier phone market recently, with the release of the HTC One and HTC One mini, as well as the DROID DNA late last year. However, the company is wanting to focus more on releasing mid-tier devices, as the market in several countries has grown in that respect.
During the company’s Q2 earnings call, CEO Peter Chou said that HTC’s upcoming plans will “address some of our challenges of mid-tier product competitiveness.” Chou says that the company has suffered recently due to intense competition with flagship devices, but he thinks that focusing more on mid-tier products will get the company back on track.
Essentially, HTC is looking to diversify its lineup of products, and we’ve already seen evidence of that recently, with the unveiling of the Desire 500, which is the company’s newest low-tier smartphone that includes a 4.3-inch 800×480 display, with a quad-core Qualcomm Snapdragon 200 processor clocked at 1.2GHz and 1GB of RAM on the inside.
Aside from focusing on more mid-tier devices in the future, the company also wants to focus on more partnerships, and Chou notes that he hopes this will help HTC make a big statement in the mobile market once 2014 rolls around. Chou is also hoping to finish out the year on a high note, following what the company is predicting to be a poor third quarter.
HTC is expecting Q3 revenue in the range of $1.7 billion to $2 billion, which would be down from the previous quarter’s revenue of $2.35 billion. This would as much as a 30% drop in revenue. However, the company says that Q4 will be much better, but didn’t mention financial outlooks that far ahead yet.
VIA: The Next Web
SOURCE: HTC
HTC mid-tier devices planned with poor third quarter expected is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
Samsung has released its second quarter earnings report for 2013, showing an overall increase in sales, but with one hiccup in tow: a 3-percent drop over the previous quarter in its operating profit for its IT and Mobile Communications division. The sales numbers come in at 57.46 trillion won, which works out to about $51 billion USD.
The sales represent a 9-percent increase over the first quarter of this year, which came in at 52.87 trillion won, both of which trumped 2012′s Q2 sales of 47.60 won. The operating profit, meanwhile, was 9.53 trillion won for this quarter, which works out to about $8.5 billion USD. This was also a 9-percent jump over Q1, which came in at 8.78 trillion.
The sales numbers are up across the board, with the slightest gain coming in the Semiconductor business at 1-percent from 8.68 trillion won over 8.58. The largest gain came in the Display Panel business, which saw a quarter-on-quarter increase of 15-percent from 7.11 trillion won to 8.18 trillion. While the numbers went up for the year, both are still down compared to 2012 Q2′s 8.25 trillion.
As far as Mobile business sales go, the sales increased 9-percent from 34.58 trillion over last quarter’s 31.77, both being a large increase over 2012′s 22.43 trillion. Operating profit shows a 3-percent drop for the IT & Mobile Communications division, however, at 6.28 under last year’s 6.51, both of which still out pace 2012′s 4.13 trillion won.
As we pointed out when the first round of numbers were made available earlier this month, the results fell short of what analysts had anticipated, and because of this Samsung took a small hit on its shares. While the mobile business did see a dip, the overall picture is far from grim, with both sales and operating profits increasing over the last quarter is all the other areas.
SOURCE: Samsung
Samsung 2013 Q2 earnings show 9% growth while mobile division profits drop is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
This week during the Apple earnings call that also saw Apple report a record quarter for iPhone sales, CEO Tim Cook suggested that the higher end of the smartphone market has not reached it’s peak. This was in response to a question about the iPhone and how possible it was that the “high end” was “reaching saturation”. This was in spite of, as the user asking the question made clear, the increase in iPhone sales this quarter.
It’s not as if the iPhone is hurting for sales – even with the iPhone 5 being the newest model on the market and rumors of a next-generation device already saturating the airwaves. Instead, Apple’s attitude during the Q and A section of the earnings call this week remained wholly positive.
“From a growth point of view for Apple, our key catalyst will always be new products and new services. In addition we have opportunities in distribution, carrier partnerships, the online store, and the indirect channel.” – Tim Cook
Cook added that he saw the iPhone’s market as healthy – not a place where too many devices on the market means no one will want a new machine.
“I don’t subscribe to the common view that the higher end of the smartphone market has hit its peak.” – Tim Cook
Does this mean no iPhone budget model? While no one asked such a question directly, Tim Cook’s representation of Apple as a company whose one goal is to make great products remained solid.
“We think if we focus on great products and do it well, the financial performance will also come. We don’t see those things as being mutually exclusive.
…
The most important thing is that the customers love the products – if you don’t start at that level, you end up creating things that people don’t want.” – Tim Cook
What do you think? Do you think it’s time the smartphone market started seeing innovation in ways we’ve not yet thought of? Consider the Nokia Lumia 1020 and it’s massive 41-megapixel camera setup. Is that enough?
Or does Apple – in this case – need to create a smartphone that’s got something we’ve not even considered?
SOURCE: Apple
Tim Cook: high-end smartphone market hasn’t reached its peak is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
We’ve heard a lot of numbers from Apple today, including record iPhone sales for the third quarter, as well as iPad and Mac sales that were slightly down, but still better than expected by the company. However, what didn’t get mentioned at all in the press release or the earnings call was how well the iPod is doing.
In the simplest of terms, the iPod isn’t doing well at all. In fact, revenue for the iPod business dropped a staggering 31% year-over-year, and the number of units sold dropped 32%. This is the biggest hit that the iPod has ever taken in an earnings report within the last few years. The second-biggest hit that the iPod took was Q4 2011 when iPod sales were down 27% from the previous year.
Of course, this shouldn’t come as much of a surprise, as we’ve known for awhile that the iPod has been on a slow downward trend, even with the iPod touch still getting a lot of love from Apple as the phone-less iPhone device for those who want a portable multimedia player without the communication radios.
Apple didn’t provide specifics as far as sales figures for each individual iPod device, but we’re guessing the iPod touch is up there as the best-selling iPod, while the Nano and Shuffle might be up there as well, but the iPod Classic is seeing its dying day, considering that Apple hasn’t touched it in a couple years, and hasn’t bothered updating it in a while.
This all goes to show that Apple is cannibalizing their own products, but that’s not a bad thing at all. It’s merely the circle of life and the progression of technology. iPods and music players were all the craze in the early 2000s, but it’s the smartphone that’s taking over now, and Apple is more than happy to follow along that route.
iPod sales down 31% from last year, gets no mention from Apple is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
As expected, Apple rolled out its earnings and sales figures for the fiscal third quarter of 2013. During the three-month period, the company raked in a revenue of $35.3 billion and a net profit of $6.9 billion. Apple also saw record iPhone sales for Q3, with 31.2 million iPhones sold during the quarter.
31.2 million iPhones sold is up from 26 million units sold a year ago during the same time frame. However, it wasn’t all roses and candy, as both iPad and Mac sales were down year-over-year. Apple sold 14.6 million iPads during the third quarter, compared to 17 million a year ago. 3.8 million Macs were sold, which is just slightly down from 4 million year-over-year.
CEO Tim Cook says that there was a “strong growth in revenue from iTunes, Software and Services,” which boosted iPhone sales throughout the quarter. Furthermore, Cook notes that the company is “laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”
Specifically, it’s rumored that we’ll see a new iPhone, along with a budget model and some new iPads. Seeing as how iOS 7 will see a release date at some point in the fall, it makes sense that Apple has a new product to go along with it.
iPad sales saw a steep decline from last year, though, and while web traffic is screaming all iPad, Android tablets may be slowly taking over, or at least pushing Apple away just slightly, preventing them from selling more iPads. However, Q1 2014 could see some changes in that area if Apple does indeed introduce a new iPad in the fall.
iPhone sales up 20% from last year, iPad and Mac sales down is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
This week Apple let loose their quarterly earnings for investors and the public alike, letting it be known that a quarterly revenue of $35.5 billion along with $6.9 billion in quarterly net profit is all well and good. This quarter saw the sales of 31.2 million iPhones, this a record for this quarter of the year, along with 14.6 million iPads – that’s up for iPhones, down for iPads.
Meanwhile the company has declared a cash dividend, Apple’s Board of Directors bringing a dividend of $3.05 per share of common stock in this period. This dividend is payable on the 15th of August, 2013, and shareholders of record as of August 12th, 2013 will be eligible for the payout.
“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services. We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.” – Apple CEO Tim Cook
This same quarter last year saw Apple bring in $8.8 billion in quarterly net profit one year ago, while revenue has also gone down from $43.6 billion this past quarter.
This past quarter didn’t exactly come in as one of Apple’s most mind-blowing when it comes to hardware, this resulting in an expected set of numbers as reported. What we did see, on the other hand, is previews of software such as OS X Mavericks and the next iPhone’s iOS 7.
This Fall, Apple says, we’ll be seeing some exciting new products – and if you’re surprised by that suggestion, you’ve been living under a rock for the past few years. Without an iPhone, at that.
Stay tuned to SlashGear for additional analysis on this quarter’s results, and stick around for the Q and A as well!
Apple Q3 2013 earnings bring dividend despite less-than-eventful market period is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
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