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Google has an Apple-massive Q4 on the back of strong ad, cloud revenue
Plans to split its stock this summer
While some product categories might be facing a slowdown in the everlasting wake of the pandemic, Google continues to dominate the tech landscape. With the internet dominating more of our lives than ever before, the company managed to crush previous records, even on the heels of a massive year.
Alphabet Q3 2021 results reveal that Google already has all the money
So THAT's why the Pixel 6 is so affordable
Forget all you've heard about supply chain bottlenecks and chip shortages — none of it seems to be bothering Google. Alphabet announced its Q3 earnings this afternoon, raking in yet another round of record-setting revenue.
After starting the year off with a bang, Samsung's 2021 slump is just getting worse
The company's stock has dropped more than 20% since January
Tech stocks are having a rough week. After Facebook stocks dipped more than 5% following Monday’s outage, Samsung is among the companies struggling to maintain upward momentum as we head into a new month — a massive shift in trajectory compared to 2020.
If Spotify just increased its subscriber count by 21%, why are its prices going up?
Not so it can give more money to artists, sadly
The last few weeks have been jam-packed with Spotify announcements. The music streaming giant made some big moves, from its first hardware product to an all-new redesigned desktop experience. None are quite as controversial as yesterday's price hikes, raising subscription fees for customers throughout much of the world. All eyes have been focused on the company's Q1 earnings report, as rumors of a potential slowdown in subscribers swelled over the weekend. However, that doesn't seem to be the case.
Alphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir
Uncertainty remains in the crystal ball, though
The financial casualties of coronavirus pandemic have been revealed across the companies of Alphabet as the group recorded a 30% tumble in net income in the second quarter compare with the same period the previous year. Still, with as many diverse holdings as it has, things aren't as bad for Google's parent company as they seem — at least for the time being.
Alphabet revenues up modestly in Q1 as coronavirus sets up tough summer ahead
Not exactly austerity, but it'll be difficult times
Alphabet managed to finish its first financial quarter a step ahead of last year, but the coronavirus pandemic will make its mark on the company in the months to come. As it makes resources available free to consumers, the company will be constricted in what it can do to respond to increased demand for its services.
Google’s parent company Alphabet announced its financial results for the third quarter of 2019, surpassing revenue expectations. As one might expect, Google products were among the top performers, but everything wasn’t as breezy. Even though revenue is up, the profit margins have come down sharply, leaving investors with less money in hand than what was anticipated.
Amidst news of the Department of Justice's approval of its merger with Sprint, T-Mobile has announced a record second quarter with big gains in both subscribers and revenues. In its earnings call, the carrier tooted its horn about its rapid pace of capital expenditure related to 600MHz and millimeter wave spectrum and painted a couple of insights to its spectrum and MVNO sale to Dish.
Google reveals the Pixel 3a doubled its phone sales last quarter, because people like cheaper phones
Google parent Alphabet has reported a strong second quarter with revenues up to almost $38.9 billion, a 19% gain from the same period last year. Growth in its mobile search, YouTube, and cloud has strengthened in all regions and has helped turn over net income of $9.95 billion. There was also good Android news coming from the Pixel 3a.
Investors are reeling after Alphabet posted a 17% year-over-year gain in revenues, its slowest growth in 3 years. In its earnings report for the first quarter, the company underlined monetization challenges across Google and YouTube alongside the latest large fine it has had to deal with from the European Commission. In the end, the company achieved operating income of $6.6 billion, down 13%.
Google's parent company Alphabet has reported positive financial results for 2018, although stocks in the company still fell 3% in after-hours trading. An operating margin 3% lower than the 24% posted in Q4 2017 and higher expenditure are considered to be reasons for the drop-off, but Alphabet remains profitable.
It's time for full-year 2018 financial results. Samsung has already posted numbers showing less than stellar profits for its mobile division, and now its the turn of South Korea's other tech giant, LG. The story is pretty much unchanged since Q3 results came out — the company is profitable overall, but its mobile division persists in underachieving.
Third quarter financial results are out for most of the big players in our industry, but whether Sony still fits that bill is questionable. They still have an ardent fan base, and our recent review of the Xperia XZ3 found it to be the best Sony phone in years, but still, the company's mobile division appears to be struggling.
In the wake of a record $5 billion EU antitrust fine, Google parent company Alphabet was still able to post a 25% increase in revenue at the end of Q2 (against that same period last year). Financial results for the third quarter of 2018 are in and despite strong profits, Alphabet missed its targets and share prices fell somewhat.
If you're a regular reader, you probably know how most of us feel about Snapchat. I actually used to use it pretty often, but as the app became increasingly bloated and sluggish, my friends and I defected to other services or just stopped altogether. Q3 financials are in, and although Snapchat lost a further two million users, there are some signs of a recovery.
Following T-Mobile and Sprint finally agreeing on a merger, the 'un-carrier' has released its earnings report for the first quarter of 2018. T-Mobile has been reporting consistent growth for years at this point, so it should come as no surprise that the carrier gained 1.4 million subscribers in Q1. This marks the 20th quarter in a row that T-Mobile reported a net growth of over one million customers.
Alphabet reported today in its annual earnings call that the company's fiscal Q4 was a bit of a dismal one, owing to a decision to provision a new tax on foreign assets ahead into the 2017 fiscal year. Basically, Google took a $9.9 billion tax hit in the last quarter of 2017, dramatically lowering the effective net income the company earned for the whole of the fiscal year.
The last year has been rocky for Samsung with the recall of the Galaxy Note 7 and various legal woes in its native South Korea. And yet, the company has issued Q2 earnings guidance today that points to its highest profits ever. So, I guess people aren't holding any grudges after the Note 7 thing.
The Galaxy Note7 has been an absolute disaster for Samsung; although it was an excellent smartphone, its tendency to catch fire pretty much negates all of the praise that was heaped onto it. Case in point: Samsung's now estimating that the Note7's recalls and subsequent cancellation will cost them about $3.1 billion over the next two fiscal quarters.