Apple Q2 Earnings tip 37.4 million iPhones sold aside 19.5 million iPads

This quarter has certainly been decent for Apple with iPhone and iPad sales that eclipsed the company’s numbered from one year ago. While you’ll want to see the major numbers surrounding Apple’s massive $43.6 billion in revenue in an article just published on SlashGear a moment ago, you’ll find that Apple’s iPhone units sold aside it’s massive amount of iPads pushed in the past three months to be astounding on its own. This quarter’s results boasted a cool 19.5 million iPads sold and 37.4 million iPhones sold in the three months ending on March 30th, 2013.

ipad_mini

Compared to the quarter that immediately preceded the quarter just reported, Apple sold a total of 22.9 million iPads and 47.8 million iPhones – that’s to be expected at least a bit as the first quarter Apple reports includes the 2012 holiday season. Apple’s results for the quarter including the three months reported here exactly one year ago has Apple bringing in cash from sales of 35.1 million iPhones and 11.8 million iPad units shipped.

This ramp-up is also beginning to fall into the category that includes consumers anticipating a new iPhone as rumors for the still unofficial iPhone 5S have been in full swing. Apple has been rumored to be creating a low-cost plastic-backed iPhone in the near future as well – both of these devices are, again, not yet made official or confirmed by Apple in any way at all.

Have a peek at more Apple action in our SlashGear Apple hub right this minute, and stay tuned as we continue to report on the Apple earnings today as they come in! With a massive “war chest” of $145 billion USD, Apple is certainly feeling confident here in the first half of 2013.

[via Apple]


Apple Q2 Earnings tip 37.4 million iPhones sold aside 19.5 million iPads is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

AT&T adds 1.2 million smartphone customers in Q1 2013

AT&T released its Q1 2013 quarterly earnings today, and the carrier added quite a few customers to its user base. 1.2 million smartphone customers signed on with AT&T during the quarter, with 296,000 postpaid customers being added on as well. As for financial results, the company netted $3.7 billion off of $31.36 billion in revenue.

AT&T

Breaking down its customer base, AT&T says that 72% (or approximately 48.3 million of its customers) of the carrier’s on-contract subscribers are wielding smartphones. Overall, AT&T says that this has been the best first quarter that the company has ever seen as far as smartphone sales are concerned.

As for how AT&T earnings compared to the same time last year, the company experienced drops all across the board, but nothing significant. However, the company did see a rise in net income with a 3.2% gain compared to last year. As for total operating revenue, that was down 1.5% from $31.8 billion from a year ago.

AT&T’s wireless business saw big leaps, however, with a 21% rise in revenue compared to the same time last year. Total revenue for the carrier’s wireless business was $16.7 billion for the quarter, and net income was $4.66 billion, which is a 4% gain compared to last year. Overall, it seems AT&T made it through a rather successful quarter, especially for being a first quarter.


AT&T adds 1.2 million smartphone customers in Q1 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Netflix adds 3 million new subscribers in Q1 2013

Netflix posted up its Q1 2013 earnings today, and things are looking fairly good for the streaming service. They surpassed $1 billion in revenue for the quarter, and added three million new subscribers, two million of which are US users, bringing the total number of global subscribers to 36 million.

netflix

During the quarter, US streaming brought in $639 million in revenue, with international streaming raking in $142 million. The company’s DVD business, while slowly falling off, is still seeing action, with $243 million in revenue. However, that’s down from $254 million during the previous quarter, as well as $320 million during the same time last year.

As for profit, Netflix experienced losses in both operating and net income categories, with a loss of $32 million and $3 million, respectively. The company noted in a letter to shareholders that the loss was due to an “extinguishment of debt” that was connected to a bond refinancing back in February. Without that, the company would’ve netted $19 million.

Netflix brought up the company’s own original series House of Cards, saying that the show gave the streaming company “confidence” in picking up shows that their users would enjoy. However, not as many people took advantage of Netflix’s free trial offer as they were expecting. It turns out only 8,000 people used the free trial offer to watch House of Cards.

The letter to shareholders also mentions a new monthly plan that Netflix is planning to launch soon. To accommodate larger families with multiple devices in the house, Netflix is going to launch a new $11.99-per-month plan that will allow users to stream content on four devices at once, which is up from two on the regular streaming plan. No date has been set, but Netflix says that less than 1% of its user base will take advantage of the new plan.


Netflix adds 3 million new subscribers in Q1 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

AMD releases first quarter 2013 financial data

AMD has reported the financial results of its first quarter, showing a substantial year-over-year drop of 31-percent. The company saw its gross margin grow by 41-percent bcause of a $20 million sales of inventory benefit, while its Computing Solutions dropped 9-percent over the last quarter and 38-percent year-over-year. We’ve got the rest of the numbers after the break.

AMD

Operating loss saw improvement over last quarter and year-over-year, coming in at $39 million rather than 2012′s Q4 operating loss of $323 million and 2012′s Q1 loss of $124 million. Meanwhile, the average sale price of microprocessors fell over the first quarter of last year, but increased sequentially over the last quarter. Overall, the company’s graphics segment also saw a drop (12-percent), but rose 3-percent over the last quarter.

The company has boasted a recent expansion of its server graphics solutions via the launch of FirePro R5000 remote graphics cards, which boast functionality over IP networks, as well as a variety of other changes, improvements, and launches. The company says it expects next quarter to see a revenue growth of 2-percent, with the sequential numbers coming in at +/-3-percent.

AMD’s President and CEO Rory Read said: “Our first quarter results reflect our disciplined operational execution in a difficult market environment. We have largely completed our restructuring and are now focused on delivering a powerful set of new products that will accelerate our business in 2013. We will continue to diversify our portfolio and attack high-growth markets like dense server, ultra low-power client, embedded and semi-custom solutions to create the foundation for sustainable financial returns.”

[via AMD]


AMD releases first quarter 2013 financial data is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Google boasts $3.35 billion net income in Q1 2013 earnings

Google is out with their first quarterly earnings report for 2013, and things are looking high and mighty for the Mountain View-based company. They ended up raking in a revenue of $14 billion during the three months, and ended up netting $3.35 billion. Compared to last year at this time, revenue is up a whopping 31%.

google

CEO Larry Page coined this quarter’s earnings as a “very strong start to 2013,” even though the company’s revenue and income have remained slightly stagnant over the past few quarters. Operating income for the company was $3.48 billion for the quarter, compared to last year’s $3.39 billion operating income during the same quarter.

As far as Google’s net income of $3.35 billion, this is a slight increase over the previous quarter’s $2.89 billion, and the company’s $14 billion revenue is slightly down from $14.42 billion during Q4 2012. As for the company’s cash on hand at the moment, we’re looking at just over $50 billion in the bank.

Page says that Google is “working hard and investing in [its] products that aim to improve billions of people’s lives all around the world.” As for Motorola, they experienced a bit of a drop off in revenue, posting just over $1 billion this quarter, compared to $1.51 billion during the previous quarter. The company also experienced an operating loss of $271 million. Ouch!


Google boasts $3.35 billion net income in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Microsoft posts $20.5 billion revenue in Q3 2013 earnings

Microsoft has just reported its fiscal Q3 2013 quarterly earnings, and things are looking adequate for the company, which reports a revenue of $20.5 billion for the quarter, with a net income of $6.06 billion. The company also posted an operating income of $7.61 billion, which is up from $6.37 billion during this time last year.

microsoft

Analysts had predicted Microsoft’s revenue to be $20.5 billion, and they were right on the money. The company’s revenue last quarter was $21.46 billion, so they didn’t do as well this quarter, but a positive income in the black is always a good thing. Microsoft’s Windows division did fairly well this quarter, bringing in $5.7 billion, compared to last year’s $4.3 billion.

The company’s Business division raked in $6.32 billion, while they’re Entertainment division brought in $2.53 billion. All three of these divisions saw a revenue increase compared to this time last year. CEO Steve Ballmer says that the company’s big bets were on “cloud services,” and he says those bets are paying off big time.

Overall, year-over-year changes were all in the positives, with Microsoft’s Entertainment division seeing the biggest increase of 56%. Along with today’s quarterly earnings, Microsoft announced that Peter Klein, who served as the company’s CFO for four years, is stepping down from the role. He spent 11 years at Microsoft.


Microsoft posts $20.5 billion revenue in Q3 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Nokia reports $196 million loss in Q1 2013 earnings

It seems that Nokia has returned to the land of unprofitability this past quarter, as the company as posted a loss of €150 million ($196 million), with a total revenue for the quarter reaching €5.85 billion ($7.65 billion), which is down from €7.35 billion ($9.6 billion) during the same time last year.

nokia_lumia_620

However, despite the losses, Nokia Lumia sales have hit a record high of 5.6 million in Q1 2013. This is up from 4.4 million during the previous quarter. In the same quarter last year, Nokia only sold two million Lumia smartphones, so that’s less than double of what they’re selling now. Since shipping their first Windows Phone device in November 2011, Nokia has just under 20 million Lumias.

While Nokia’s financial state certainly wasn’t ideal this quarter, it’s definitely better than what it was last year during this time, where the company experienced an operating loss of €1.34 billion ($1.75 billion), so the company is certainly succeeding at digging themselves out of a deep hole, even with less revenue coming in this quarter.

However, Nokia isn’t doing so well in North America. The company only shipped 400,000 devices during Q1 2013, which down 33% from the same time last year where they shipped 700,000 handsets. All in all, Nokia says that Lumia sales increased in all regions of the world in Q1 2013 except North America.


Nokia reports $196 million loss in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Verizon boasts $4.8 billion profit in Q1 2013 results

Verizon didn’t do so hot during Q4 2012, but the company is back posting up their Q1 2013 results, and things are looking mighty good for the company. Verizon profited a whopping $4.8 billion during Q1 2013, and that’s mostly thanks to the addition of 677,000 new subscribers throughout the quarter, with 7.2 million smartphone activations.

verizon

Verizon is now up to 98.9 million subscribers total, which means it shouldn’t be too long before they reach the 100 million mark. Furthermore, the carrier activated 5.9 million LTE devices out of the 7.2 million total activations. Verizon also claims that 28% of all activations during the quarter were customers who came from other carriers.

As for Verizon’s other services, FiOS internet saw a bump of 188,000 new customers and 169,000 new FiOS Video customers, which rose the revenue of that particular sector of the company up $2.6 billion. And for those who thought that Verizon quit expanding FiOS will be pleased to know that they added fiber optics to 83,000 homes during the past quarter alone, with 217,000 more homes planned for 2013.

Total revenue for the company rang in at $29.4 billion, which is 4.2% increase year-over-year. Operating income grew 19.8% to $6.2 billion in Q1 2013, compared to $5.2 billion during the same time last year. $19.5 billion of that $29.4 billion revenue came from Verizon’s wireless business alone, which is up 6.8% from last year.


Verizon boasts $4.8 billion profit in Q1 2013 results is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Yahoo publishes first-quarter 2013 financial data

Yahoo has reported the results of 2013′s first quarter, which came to an end on March 31. The numbers show a revenue of about $1.07 billion, a rate that Yahoo calls flat in comparison to the same quarter in 2012. Still, the company that has been struggling to regain its foothold has beat out expectations despite an 10-percent drop, pulling in $425 million in GAAP revenue.

yahoo

Display revenue (ex-TAC) came in at $402 million for Q1 of this year, an 11-percent decrease over 2012′s $454 million. With the exception of in South Korea, Yahoo’s ad sales also dropped, falling 7-percent over the same quarter last year. The price per ad also fell, but not quite as drastically, coming in at only 2-percent lower.

Not all was falls and decreases, however, with the rate of paid clicks (again, excluding South Korea) increasing by 16-percent over the same quarter last year. That was partially neutralized by the 7-percent drop in price-per-click, however. Yahoo made some big business changes, as well, such as rolling out a refreshed “experience” and acquiring a host of companies, including Snip.it and Alike.

Said Yahoo’s CEO Marissa Mayer: “I’m pleased with Yahoo!’s performance in the first quarter. We saw continued stability in our business, strengthened our team, and started the year with fast execution against our products and partnerships. We are moving quickly to roll out beautifully designed, more intuitive experiences for our users. I’m confident that the improvements we’re making to our products will set up the Company for long-term growth.”

[via Yahoo]


Yahoo publishes first-quarter 2013 financial data is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Intel reports $12.6 billion revenue in Q1 2013 earnings

Intel just reported their quarterly earnings for Q1 2013, and while there’s big money to be called out, things are down for the company compared to last quarter. Intel brought in a total revenue of $12.6 billion for the quarter, which is down 7% from $13.5 billion in Q4 2012. The company’s biggest drop was their operating income, which took a 20% dive down to $2.5 billion for the quarter.

intel

Both net income and earnings per share were down 17% this quarter as well. Intel earned a net income of $2 billion, compared to $3.2 billion from the previous quarter. As for earnings per share, it’s at $0.40 for Q1 2013, compared to $0.48 during Q4 2012. Intel blames the slight losses on poor PC demand for the quarter.

The future for Intel is in question, with this being CEO Paul Otellini’s last earnings call, the company could change drastically by the time the next earnings report rolls around. Otellini will officially step down from Intel and retire next month. However, the change in CEO may not play much of a roll in the company’s revenue and profits, but we’ll ultimately have to wait and see.

As for the company’s predictions for next quarter’s earnings results, they’re expecting to bring in a revenue of $12.9 billion, give or take $500 million. They’re also predicting to have a gross margin percentage of 58%. Hopefully the company can meet that goal the next time around, and with the new 14nm technology they’re working on, we can’t see why they wouldn’t bring back an increased profit.


Intel reports $12.6 billion revenue in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.