HTC says it lost $148 million last quarter - its fourth quarterly loss in a row - but even more troubling is the massive collapse in its revenue, which plummeted by 64% year-over-year.
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Apple's latest quarterly results are in: revenue is down 13% year-over-year, net income down 23%, iPhone sales down 16%, iPad sales down 19%, and Mac sales down 12%. But its cash pot is up to $233bn.
Despite reporting record earnings and profits, Apple's Mac sales dropped by 4% year-on-year, while iPad sales plummeted by 25%. iPhone sales growth stalled too, and Apple predicts a fall next quarter.
With the news yesterday, that Windows 10 has seen 110 million installs since its launch just over two months ago, new figures from Quantcast paint a very depressing picture for Microsoft's Edge.
LG managed to ship nearly 25% more handsets during 2014 compared to the previous year and its profits more than doubled in that period. The company is also planning further expansion in new markets.
The chip maker mentioned in its recent financial filings that the company had lost one of its major customers. This seemingly confirms an earlier report about Samsung dropping the Snapdragon 810.
According to the company's latest financial report, Samsung is struggling to keep up with the market thanks to declining smartphone sales and margins. These two accounted for a 64% drop in profits.
Microsoft's stock took a nosedive in after hours trading despite its seemingly successful quarterly results. What's got investors in a panic when everything seems to be going well? Windows, of course.
Thanks to a weak Japanese currency and strong PS4 sales, Sony reported a higher profit than expected for the last quarter. However, the company still expects a loss for the next financial year.
The latest financial report from Lenovo shows the company is still going strong even as its competition is faltering. Lenovo has had a record year in terms of shipments, revenue and earnings.
HTC is once again posting sad financial news in regards to its Q4 performance last year. However, the company is refocusing on the mid-range of the market and has an optimistic view for 2014.