I don't need to tell you that HTC is in dire financial straits, but I'm still going to tell you how dire because wow. HTC just released its year-end 2018 numbers, and things are looking bleak. HTC took in just 23.74 billion TWD ($770 million) during 2018, the lowest in all its years as a public company. Read More
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. Read More
How to go about bringing in revenue is a problem Facebook has failed to solve in the four years since it acquired WhatsApp. The world's most popular messaging app cost roughly $22 billion, but other than a brief experiment with charging an annual 99-cent subscription fee, there has been no clear plan on how to monetize the service.
The company's reluctance to serve advertisements to its now 1.5 billion users is admirable, but it looks like that could change starting next year. According to the Wall Street Journal, there are plans to show ads in the Status section of the app. Read More
Samsung has posted its financial results for the second quarter of 2018. Following two glowing quarters, Q2 2018 was relatively cool, with sales and profits falling compared to both last quarter and Q2 2017. The Korean electronics manufacturer said that "softer sales" of both the Galaxy S9 line and display panels were largely to blame. Read More
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%. Read More
It's that time of the... quarter. 2018 Q1 financial reports are being published by most of the big tech names, and Samsung is likely pretty pleased with its performance so far this year. It isn't quite as high as the impressive 2017 Q4 results it previously posted, but it's sitting pretty with a total of KRW 60.56 trillion ($56 billion) in revenue, with KRW 15.64 trillion ($14.51 billion) in operating profit. That's a revenue increase of 20% and an operating profit increase of over 50% compared to Q1 2017, beating expectations. Read More
South Korean electronics giant Samsung has revealed record-high sales figures for last year, with a total operating profit of $50 billion (KRW 53.65 trillion). The company released its Q4 results today, alongside numbers for the whole of 2017. In the last three months of the year, Samsung amassed $61.54 billion (KRW 65.98 trillion) in consolidated revenue, which amounted to $14.13 billion (KRW 15.15 trillion) in operating profit. Read More
Alphabet, every AP reader's favorite umbrella corporation for their favorite company, has posted the results of their first 2017 quarter's earnings. Things are looking pretty good, too. Revenue and income are both up from the same period last year, even though Alphabet's tax rates have increased. Read More
Historically, iOS has always topped Android in terms of app revenue. There are several reasons for this - the vast majority of Android devices are cheap phones (owners of low-end phones aren't as likely to pay a premium for apps), piracy is much easier, etc. But according to a report from App Annie, that could finally change this year. Read More
Between Hangouts, the gorgeous new Maps, Play Music All Access, and everything else discussed in I/O's opening keynote this morning, several revisions to the Play Store developer's console were announced.
Perhaps the most interesting addition to the console will be an organized method for alpha and beta testing, and staged rollouts. Basically, developers can select alpha and beta testers, receiving all feedback directly (instead of through reviews) and, when the time comes, roll out the app to certain percentages of the user base.
The changes also include a major help in ensuring your apps make sense to international users – a full translation service by which developers can order specific translations, come back a week or so later, and download the translations directly from the console. Read More