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financials

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Alphabet's 2018 financial results show 23% increase in revenue and strong profits

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.

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Samsung's quarterly earnings show increased overall profit, but continued decline in mobile

Samsung published its third-quarter financials yesterday, and results are mixed. Although profits and revenue are up (both year over year and quarter over quarter), the mobile division continues the decline set last quarter. Interestingly, that's not as a result of sales, but rather increased marketing costs and unfavorable currency developments. Nonetheless, it expects those mobile earnings to decrease further next quarter, even as smartphone shipments rise.

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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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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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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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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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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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Twitter stock tanks after second-quarter results

Facebook just experienced the largest one-day loss in market value in the history of the United States, thanks to new GDPR regulations and the recent Cambridge Analytica scandal. Twitter isn't doing great either, as the company's stock dropped 21% following the quarterly earnings report.

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Facebook's stock dives 20% on dire predictions following second-quarter financials

Facebook has been an omnipresent part of American news for what seems like all of 2018, and rarely with a positive connotation. Based on the company's recent second-quarter financials, Facebook has a more conservative outlook on the future, expecting revenue growth to decline in the coming years. The company is quick to externalize blame for this, pinning its expectations for the decrease on currency markets projections and pesky privacy-enhancing regulations like GDPR.

In an understandable development at the announcement, Facebook's stock has taken a tremendous nosedive, down nearly 20% at peak.

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Alphabet posts huge 25% increase in revenue, investors shrug off impact of EU fine

Alphabet's second-quarter results were just released to investors, and although revenues are up 25% compared to Q2 2017, reaching $32.65 billion—comparing favorably to last quarter's results, too—it isn't all good news. Taking into account the effects of the recent $5 billion antitrust fine by the EU, net income is actually down significantly to ~$3.2 billion, a loss of 9.3% compared to Google's fine-extrapolated numbers for Q1 2017. That doesn't seem to have investors too worried, though, as the pre-fine numbers beat expectations by a large margin, driving up Alphabet's stock price in after-hours trading by 5%.

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