Amazon posts $21.27b revenue in Q4 2012 earnings, only profits $97m

As expected, Amazon made a ton of money during Q4 2012, proving that the holiday season is Amazon’s most wonderful time of the year. The company pulled in revenues of $21.27 billion, thanks mostly to Kindle sales and ebook sales. However, Amazon also spent a lot during the quarter, and only profited $97 million out of all those billions.

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Compared to a year ago, revenue was up a respectable 22% from $17.43 billion in Q4 2011. Operating income increased a whopping 56% to $405 million during the past quarter, compared to $260 million last year. However, net income took a huge hit this time around, dropping 45% from the same time last year with $97 million, compared to $177 million in Q4 2011.

However, it seems CEO Jeff Bezos was expecting these kinds of numbers. He says that “after 5 years, eBooks is a multi-billion dollar category” for the company, and it’s “growing fast.” Physical book sales have dropped, and Q4 2012 saw the “lowest December growth rate” in the company’s 17 years, up just 5%.

For the entire year, Amazon hit revenues of $61.09 billion, which is up 27% from $48.08 billion in 2011. Operating income decreased by 22% to $676 million, compared with $862 million in 2011. Overall, as far as 2012 profits go, Amazon actually lost $39 million altogether, compared with the net income of $631 million in 2011.


Amazon posts $21.27b revenue in Q4 2012 earnings, only profits $97m is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Gameloft Q4 2012 sales reach record high

This week the team at Gameloft has released their Q4 earnings report for the end of 2012, showing here that they’ve come up with their most successful quarter ever! This report shows that Gameloft has recorded a 23% boost in sales compared to the same quarter last year as well as earnings throughout 2012 that are 27% higher than they were throughout 2011. Looks like everything is turning up Gameloft!

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Gameloft is noting that the successful launch of a brand new pack of games over the past few weeks and months have contributed greatly to the overall excellence of the quarter leading into 2013. Games like Modern Combat 4: Zero Hour, PLAYMOBIL Pirates (currently featured in Google Play as a game you’ve gotta check out), World at Arms, and even My Little Pony are being touted as leaders of the new school. Legacy lines of games continuing with Ice Age Village, The Amazing Spider-Man, Order & Chaos Online, and Asphalt 7: Heat are also keeping the company strong in the mobile realm.

Earnings this quarter are the highest they’ve been in any one quarter in the whole history of Gameloft as a brand. They also mark the sixth consecutive quarter in which Gameloft has topped earnings from the quarter before – that’s extremely rare in a company in this market as quarters generally go up or down based on how close they are to the holiday seasons. The 12-month total earnings have hit 208.3 million Euro while 2011′s total was up to 164.4 – Gameloft on the rise, that’s what that is.

Just comparing the Q4 sales year-on-year on smartphones and tablets, growth went up 66%. These sales represented 56% of the total Group sales in the end while one year ago they represented 41% – the times they are a changing!

Above you’ll see the Samsung Galaxy Note II running Asphalt 7: Heat – notice how fabulous the game is and keep in mind that we use this game as a go-to app showing the graphics and processing abilities of high-powered Android devices basically every time we need to do such a thing. It’s also a go-to game for comparing iOS and Android devices as Gameloft is right on top of keeping the app up to date and hot for both platforms. This bodes well for their company and business as a whole as their games are both high functioning and constantly updated to stay ahead of the curve.


Gameloft Q4 2012 sales reach record high is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Samsung’s Q4 2012 financial report rolls in, shows over $8 billion in profit

Samsung has released its fourth quarter financial results, and the numbers show that last year was indeed a good year for the Korean company, with it reporting an over $8 billion (8.42 trillion won) operating profit. The total revenue came in at a tad over 56 trillion won, representing an over 7-percent quarter-on-quarter increase. To ensure things stay in its favor, the company plans to keep its 2013 investments around its 2012 level.

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The cited reasons for the company’s reserved investment size include market uncertainty and a slowed economic recovery, although the company will adjust as necessary based on the market. The company’s Display Panel segment had a rough quarter despite demand for smartphone and TV panels, but its Semiconductor Business pulled in profits. Likewise, LED TVs proved to have a positive effect on the quarterly earnings.

Of course, mobile units represented Samsung’s largest money maker, with its Mobile Communications pulling in a 4-percent profit increase over the last quarter at over 27 trillion won. The majority of that increase is due to the company’s wildly popular Galaxy S III and the Note II. In combination, its IT and Mobile Communications business units pulled in 5.44 trillion won.

Samsung’s Senior Vice President and Head of Investor Relations Robert Yi offered this statement. “Despite uncertainties in Europe and concerns over the U.S. fiscal cliff creating a difficult business environment, we did our best this quarter to achieve strong earnings based on a strategic focus on differentiated and high value-added products as well as our technological competitiveness. Heading into this year, we are expecting a slow recovery in the component business due to reduced capital expenditures, while competition in the set business will intensify further as demand slows and the mid- to low-end market expands.”

[via Samsung]


Samsung’s Q4 2012 financial report rolls in, shows over $8 billion in profit is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

AT&T posts $3.9 billion net loss for Q4 2012

AT&T is joining the slew of other companies posting quarterly results this week, with the company releasing its Q4 2012 financials today. The company experienced another loss in Q4 2012, but the good news is that AT&T’s loss is growing smaller year-over-year. For Q4 2012, the company posted a net loss of $3.9 billion, which is compared to AT&T’s net loss of $6.7 billion in the same quarter a year ago.

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That puts diluted earnings-per-share at -$0.68 for the quarter – certainly better than the earnings-per-share of -$1.12 the company posted the year before. When things like the impact from Hurricane Sandy and the sale of Advertising Solutions are taken into account, AT&T’s adjusted earnings-per-share were $0.44. Consolidated revenue was $32.6 billion, remaining mostly flat year-over-year, increasing only 0.2% over the year-ago quarter.

AT&T managed to add 780,000 new subscribers during the quarter, with company calling it the largest increase in three years. AT&T sold 10.2 million smartphones in the fourth quarter of 2012, setting a record for the company. The company activated 8.6 million iPhones, but AT&T also said that it had its best quarter ever for Android sales. In all, AT&T says that smartphones now account for 89% of all postpaid phone sales, which isn’t bad at all.

For the year as a whole, the company’s consolidated revenue hit $127.4 billion, which is up ever so slightly over 2011′s revenue of $126.7 billion. Net profit settled at $7.3 billion for the year, jumping significantly over 2011′s $3.9 billion, and earnings-per-share came in at $1.25, very nearly doubling 2011′s take of $0.66. Looking forward, AT&T expects consolidated revenue growth for 2013 to exceed two percent while it’s also projecting that wireless service and wireless consumer revenues will remain strong.

[via AT&T]


AT&T posts $3.9 billion net loss for Q4 2012 is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Microsoft Q2 2013 earnings show $21.56b revenue, $6.38b profit

Microsoft‘s quarterly report is in, folks, and as expected, the company posted some impressive numbers. Microsoft reported revenues for Q2 2013 (fiscal year) at $21.56 billion, with pure profits reaching $6.38 billion for the quarter — up from $5.87 billion in profit a year ago and $5.31 billion last quarter.

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Splitting the revenues up between the company’s different divisions, Windows accounted for almost $6 billion of the company’s revenues, which is up 24% from last year, and that’s mostly thanks to the release of Windows 8 back in late October. However, Microsoft’s business division saw a drop, with revenues down 10% to $5.7 billion year-over-year. The Server & Tools department’s revenue increased by 9% to $5.19 billion.

Microsoft’s Entertainment & Devices division, which is responsible for the Xbox and Surface, saw an 11% decline from last year, with only $3.77 billion of revenue. This comes after Microsoft announced that the Xbox 360 was the top-selling gaming console for two years straight. It looks like holiday sales weren’t as great as the company expected.

Microsoft’s Online Services division saw more growth, however, with $869 million in revenue, which is an 11% increase year-over-year. Thanks to the upcoming Office 365 suite and SkyDrive, Microsoft’s online services don’t seem to be slowing down anytime soon, especially with the deal that Microsoft made with the city of Chicago to bring Office 365 services to city employees.


Microsoft Q2 2013 earnings show $21.56b revenue, $6.38b profit is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple employee town hall meeting letter sets the tone

Yesterday Apple announced new record results for their financial Q1 2013 including sales of iOS devices as well as overall revenue, and with those announcements came an invite from Tim Cook to employees for a town hall meeting being held this morning. This town hall meeting will likely be extremely similar to the meeting held last year at this time after the company released its 2012 Q1 financial results, question and answer session included. At the moment we’re not entirely sure if we’ll be seeing the results of this session or if it will be closed-door employees-only in the end.

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This meeting will, on the other hand, be broadcast live throughout the Apple Cupertino campus as well as other Apple employee locations. This way as many Apple employees as possible can see the session and enjoy the large group hug that they’ve earned upon creating this record-breaking quarter. The full email, according to unnamed employees sending the mail into 9to5Mac, came through last night after the earnings call.

Team, We’ve just reported another record setting quarter, thanks to everyone’s incredible hard work and focus. We sold over 75 million iOS devices in the holiday quarter alone, which is a testament to the strength of Apple’s innovation. Please join me for an employee communications meeting tomorrow at 10 a.m. Pacific time in the auditorium of De Anza 3.

We’ve created a space on AppleWeb where you can submit your questions in advance, and we’ll do our best to answer as many of them as we can during the meeting. The meeting will be broadcast live throughout Cupertino and at many other Apple locations.

Please check AppleWeb for details.

Tim

Employees are able to send in questions before the event and answers will likely be made available based on their importance to the event – though live, we must expect, one way or the other. Apple’s earnings call included a Q and A session that revealed several interesting points including those surrounding the supply constraints in the iMac as well as the iPad mini, this accounting for less sales than Apple feels it would have been capable of otherwise.

Have a peek at the timeline below to see every bit of detail from the financial report released yesterday as well as the Q and A that followed. Let us know if you’re expecting anything fantastical from the Town Hall meeting that’s occurring today, and be sure to stay tuned to our sizable Apple hub as well through the future!


Apple employee town hall meeting letter sets the tone is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Nokia posts Q4 2013 earnings, profits $269m with $10.6b in revenue

Nokia may be struggling a bit, but its Q4 2012 earnings report shows that the company made a profit this time around. They earned a revenue of $10.6 billion, which is down from $13.4 billion a year ago, mostly thanks to declining sales. However, they ended up profiting $269 million (net profits) for the quarter, compared to a $1 billion loss a year ago.

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As far as smartphone sales go, Nokia said it sold 15.9 million smartphones, including 4.4 million Lumia phones, during Q4 2012, which is down from 19.6 million a year ago. However, they sold a total of 45 million mobile phones altogether. In comparison with Apple, who announced their earnings yesterday, the Cupertino-based company sold almost 48 million iPhones during the last quarter.

Perhaps the biggest hit that Nokia took this quarter was that the company sold only 4.6 million handsets in China, a 69% drop from a year ago, with sales revenue in the country down 79% to $284.4 million from the previous quarter. While Nokia CEO Stephen Elop said he was excited about the company reaching a profit, he cautioned that more cutbacks may be imminent.

Nokia had led the mobile phone market share for 14 years, with its global market share peaking at 40% in 2008, but Samsung recently overtook the once-dominant company as the world’s top mobile phone maker. However, Nokia’s “better than expected” sales of their new Lumia phones proved to be a huge help in getting the company into the black.


Nokia posts Q4 2013 earnings, profits $269m with $10.6b in revenue is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple TV sells over 2 million units in Q1 2013

During Apple’s Q1 2013 earnings call today, Apple CEO Tim Cook says that the company sold over 2 million Apple TV units during the three-month quarter. This is a 60% increase year-over-year — in other words, Apple has sold a record amount of Apple TVs this last quarter than any other quarter before.

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As he mentioned in the TV interview with Brian Williams a while back, television is “an area of intense interest” for Apple, and what was once a small niche for Apple, is now an area that the company wants to capitalize on. Cook says that “there is a lot we can contribute to the space,” but he resisted sharing any more information on the subject.

We’ve already heard plenty of rumors about an Apple television set, including hearsay that Sharp is working on some display panels for the rumored television, while Foxconn is said to be testing various models of the Apple television, including sizes that range from 46 inches to 55 inches. Obviously, we’re keeping the salt by our sides until we hear something from Apple, but it leaves us with many questions.

So, while we didn’t really get anymore information out of the Apple execs as far as their plans for a possible Apple television set, we were told that the television sector is something that Apple is at least interested in, so we wouldn’t be surprised if they ended up diving deep into the industry to supplement its Apple TV STB.


Apple TV sells over 2 million units in Q1 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple talks iOS Maps improvements, user base

Apple had a great first quarter of 2013, but the company hasn’t forgotten about the few rough spots from the year prior. One of these rough spots was the launch of Maps, which came with the roll out of iOS 6. Despite a few stumbles, Apple is looking forward, with Tim Cook saying today in the company’s earnings call that Apple is constantly improving Maps, and that it won’t stop until the service lives up to “our incredibly high standards.”

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As far as usage goes, Cook didn’t get into specifics, instead only saying that Maps usage is much higher than it was before the launch of iOS 6. It would seem that more and more users are willing to give Maps a chance as we move forward, with Cook promising that more improvements to the service will come as we work our way through 2013. Google has since launched an iOS version of its own Maps service, giving Apple more of a reason to strive to continually improve its own offering. Competition, as they say, is only a good thing for consumers.

Cook also pointed to the fact that Apple has been constantly making improvements to Maps since iOS 6 launched. We heard during the call that Apple has some impressive stuff in the pipeline, so perhaps that includes more features for Maps? We’ll just have to wait and find out, but at least we know that Apple will keep working on it as 2013 marches on.

Apple had a record-breaking quarter in terms of iPhone and iPad sales, thanks in large part to the new iPhone 5 and iPad mini. With those releases and the positive consumer reaction, there’s even more reason for Apple to always be improving its app offerings. Stay tuned, because 2013 might just prove to be a pretty big year for Apple as far as software is concerned.


Apple talks iOS Maps improvements, user base is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple says Mac sales were down 20% year-over-year

Today, Apple announced its Q1 2013 earnings (calendar year Q4 2012) today, and the company made a boat-load of cash — $54.5 billion in revenue and $13.1 billion in cold, hard profit. The company also sold 47.8 million iPhones and 22.9 million iPads during the three-month period. However, Apple only sold 4.1 million Macs, down from 5.2 million a year ago.

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These numbers definitely hint at a post-PC world that we’re creeping up on. However, Apple notes that the lower Mac sales this past quarter were due to the constraints of the new iMacs that the company released in November and December. Had they been available sooner (and in more abundant supply), the company claims that Mac sales for Q1 2013 would have been much higher.

Either way, the post-PC world is still prevalent. 4.1 million Macs versus 47.8 million iPhones and 22.9 million iPads is quite a difference. On a per week basis, Mac sales were around 300,000 and 400,000 per week during the quarter, while the iPad was 1.7 million per week. Obviously, iPads are much cheaper than Macs, but we aren’t surprised that more and more people are using iPads for their daily needs.

Overall, Apple CEO Tim Cook says that “iMacs were down by 700,000 units year-over-year.” And not only do they blame that on the newer iMacs availability dates, but the company also “left the quarter with significant constraints on supplies.” If it had not been for the constraints, the company “would have had materially higher sales.”


Apple says Mac sales were down 20% year-over-year is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.