Android Police

Financials

144

Sony's smartphone division lost over $240 million last quarter, and it only expects things to get worse

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.

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3

Alphabet records $33.7 billion revenue in Q3 but stock still falls amid missed targets

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.

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9

Snapchat shed 2 million more users in Q3, but there is hope

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.

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25

Razer confirms that it's working on a second generation Razer Phone

It's been over twenty months since Razer acquired Nextbit, but the gaming hardware manufacturer has made good use of this time. It released the Razer Phone last November and got applauded for its 120Hz display and high-end specs. A second generation phone was pretty much a given — it only makes sense to use the Nextbit acquisition and talent to build more mobile hardware — and now it's been confirmed.

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9

Amazon briefly joins the trillion-dollar company club just a month after Apple

On August 2, Apple became the first US company to reach a total market capitalization of $1 trillion. Now, just a month and change later, Amazon has done the same — however briefly. The online retail behemoth's stock hit a new high of $2,049.50 per share around 11:30 a.m., Eastern time this morning, momentarily nudging its market cap over the trillion-dollar line.

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23

Xiaomi's Q2 2018 financial results show international revenue up 151.7% year over year

Xiaomi has published its financial results for the second quarter of 2018. Turns out, as you'd expect from a company that recently became more valuable than LG, things are going pretty well for the Chinese manufacturer.

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54

Snapchat lost three million users in Q2 2018

Snap Inc hasn't been doing great, to say the least. The company's results for the first quarter of 2018 were below expectations, and now the Q2 earnings report has been released. During the period from April 1 to June 30, Snap Inc received $262 million in revenue, with a net loss of $353 million.

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126

Apple has become America's first trillion-dollar company

We're pretty keen on Android news here, but some things outside our immediate purview are significant enough to be worth mentioning. Here's one: today, Apple became the first US company to surpass a total market capitalization of $1 trillion (trillion as in a thousand billions).

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7

T-Mobile reports 'best Q2 in company history'

It's quarterly financial results season! Well, one of the quarterly financial results seasons, anyway. The latest news is from T-Mobile, which reported its best second quarter ever. Over the period, the carrier added 1.6 million net customers (one million postpaid, the rest prepaid) and saw revenue of $10.6 billion.

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84

MoviePass attempts to put out dumpster fire by shooting self in foot

The situation at MoviePass is bad. Very bad. With the value of the company having plummeted tremendously after a disastrous reverse stock split last week, MoviePass's owners are doing anything they can to stem the bleeding at the popular all-you-can-eat theater subscription service, and it looks like "anything" means making the service much, much worse.

I won't leave you waiting on the big changes: monthly pricing is going up 50% (to $14.95) and you won't be able to see most movies (anything opening on over 1000 screens) until they've been out for two weeks.

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