Neowin News Feed for: Financial

39% of Nvidia's Q2 revenue comes from just two mystery customers

Usama Jawad — Sun, 31 Aug 2025 08:56:01 +0000

A new SEC filing indicates that 39% of Nvidia's $46.7 billion revenue in the latest quarter comes from just two unidentified customers. Read more...

Birmingham City's Oracle migration still spells an impending disaster

Usama Jawad — Wed, 06 Aug 2025 10:50:01 +0000

Birmingham City Council is at risk of sinking over a hundred million pounds in a failed migration from SAP to Oracle Fusion for HR and financial management systems. Read more...

Microsoft reaches $4 trillion market cap, three weeks after Nvidia

Usama Jawad — Thu, 31 Jul 2025 19:44:01 +0000

After posting a very strong quarter yesterday, Microsoft stock has soared, which means that it is now the second company in the world to reach the $4 trillion market cap. Read more...

Reddit announces Q1 2024 financial results, its first since becoming a public company

Steve Bennett — Tue, 07 May 2024 21:44:02 +0000

Reddit has announced its first quarter 2024 financial results, the first set published since the site went public with an IPO in March this year and is being reported as a "milestone quarter." Read more...

Twitter to allow for the buying and selling of crypto and more in partnership with eToro

Steve Bennett — Thu, 13 Apr 2023 11:30:01 +0000

Twitter is going to be giving users the ability to buy and sell stocks, cryptocurrencies and other assets thanks to a new partnership with social trading company eToro, starting from Thursday. Read more...

Report: Apple is working on multiple unannounced fintech projects, all hit by delays

Usama Jawad — Mon, 13 Feb 2023 09:28:01 +0000

Apple's Project Breakout to launch a next-generation financial system is facing engineering difficulties which has led to it fintech endeavors being delayed, including two that are unannounced. Read more...

Suplari is Microsoft's third acquisition this month

Usama Jawad — Thu, 29 Jul 2021 06:00:01 +0000

Microsoft has acquired Suplari, a company with expertise in using AI to optimize financial expenditure by providing actionable insights. This is Microsoft's third acquisition this month. Read more...

Apple reports $81.4 billion in quarterly sales, hardware and services on the rise

Usama Jawad — Wed, 28 Jul 2021 06:04:01 +0000

Apple has reported strong results for FY21 Q3 in terms of net sales, net income, and gross margins. Services hit an all-time high while hardware sales exhibited growth across the board as well. Read more...

Dell Technologies reportedly considering IPO and other strategic options

Usama Jawad — Fri, 26 Jan 2018 10:48:01 +0000

According to a new report, Dell Technologies - which is around $50 billion in debt - may be considering filing for an IPO, among other strategic options, in an effort to boost revenue margins. Read more...

Apple may soon be the world's only company worth $1,000,000,000,000

John Keefer — Thu, 09 Nov 2017 18:26:01 +0000

Apple currently has a market valuation of $900 billion dollars. Several analysts are bullish on the company, expecting it to easily add another $100 billion in share value within the next 12 months. Read more...

Gallup: Cybercrime is the most feared crime in the U.S.

Paul Hill — Tue, 07 Nov 2017 18:00:01 +0000

The results are in, folks! It turns out that the crime most people worry about is being the target of a cybercrime, whether it be personal or financial information that they lose to a hacker. Read more...

Nintendo stumbles as Wii U console sales crash; posts $49 million loss

Vlad Dudau — Wed, 27 Jul 2016 08:20:01 +0000

Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year. Read more...

Microsoft Q4 FY2016: $5.5bn net income, $22.6bn revenue; cloud up, Surface up, phone down

Andy Weir — Tue, 19 Jul 2016 20:49:30 +0000

Microsoft reported a strong fourth quarter fuelled by solid growth in its cloud business, an increase in Office 365 subscribers, and a rise in Surface revenue - but its phone revenue fell by 71%. Read more...

Alphabet Q1 2016: $4.21bn net income on $20.26bn revenue; Google responsible for 99%

Rich Woods — Thu, 21 Apr 2016 22:36:01 +0000

Google's parent company, Alphabet, announced its latest financial results today. The firm brought in revenue of $20.26 billion; however, Google is responsible for 99% of that total, or $20.09 billion. Read more...

Ex-Microsoft manager, SEC settle insider trading allegations he profited from Nokia deal

John Devon — Thu, 24 Mar 2016 22:14:01 +0000

The SEC accused a former Microsoft employee of profiting from stock trades before key public announcements, such as a drop in Windows revenue and the Nokia acquisition in 2013. Read more...

Hyatt Hotels discovers malware on payment processing systems

Jett Goldsmith — Wed, 23 Dec 2015 23:06:01 +0000

Hyatt Hotels has announced the presence of malware on computers which operate the hotel chain's payment processing systems, and warned customers to monitor their financial statements closely. Read more...

Toshiba saw record loss in 2015, promises to cut 5% of its workforce

Jett Goldsmith — Mon, 21 Dec 2015 19:16:01 +0000

Amid a massive financial scandal and poor sales, Japanese tech giant Toshiba has posted a record loss of $4.53 billion in 2015, and has promised to cut 5% of its workforce - around 6,800 workers. Read more...

Ballmer calls Microsoft's cloud numbers 'bulls---'; wants Android apps on Windows 10 Mobile

Vlad Dudau — Thu, 03 Dec 2015 08:08:01 +0000

Microsoft's ex-CEO, Steve Ballmer, isn't happy with the way the company is reporting financial information. He's also critical of his former employer's efforts in the mobile markets. Read more...

Microsoft acquires Israeli cloud security firm Adallom, addressing cyber threats

Jett Goldsmith — Tue, 08 Sep 2015 21:40:01 +0000

Microsoft confirmed reports that it has acquired cloud security company Adallom for $320 million, promising advanced protection for Microsoft clients against cybersecurity attacks. Read more...

Microsoft stock soars despite mixed financials

Vlad Dudau — Tue, 28 Apr 2015 08:44:01 +0000

Microsoft's shares have rallied and are back near their all time high, despite mixed financial results where Windows and Office have continued their slow decline in importance and revenue. Read more...

Apple pulled bait-and-switch, forced company into bankruptcy, says GTAT exec

Jett Goldsmith — Sat, 08 Nov 2014 01:34:01 +0000

GT Advanced Technologies, which formerly produced sapphire crystals for use in smartphone and other device glass, says it was forced into bankruptcy by shady bait-and-switch tactics from Apple. Read more...

HTC is optimistic about 2014, despite financial troubles

Vlad Dudau — Mon, 10 Feb 2014 10:46:05 +0000

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. Read more...

Nvidia Q3 2013 financial results; numbers up but still below previous years

Vlad Dudau — Fri, 08 Nov 2013 08:39:56 +0000

Nvidia has published its financial results for the quarter that just ended. The numbers are up showing the company is doing better than last quarter, but they're still far below those of last year. Read more...

Nokia Q2 2013 results: Lumia sales up to 7.4 million, company still loses $150 million

Vlad Dudau — Thu, 18 Jul 2013 11:10:35 +0000

Nokia's financial results for Q2 are in and Lumia sales are continuing to grow fast but the company is still losing money thanks to declining dumb-phone sales and high manufacturing costs. Read more...

Nokia Q1 2013 results: 5.6m Lumias sold, 150m euro loss but good overall results

Vlad Dudau — Thu, 18 Apr 2013 10:17:38 +0000

Nokia has published its financial report for Q1 2013. Despite selling 5.6m Lumias, the company suffered a small loss but its overall health is a lot better than it was last year. Read more...

Nokia slashes another 1000 jobs in Finland

Vlad Dudau — Thu, 17 Jan 2013 15:20:44 +0000

Preliminary financial reports indicate Nokia has started to slowly recover but the Finnish company will be slashing another 1000 jobs, mostly in Finland, in an effort to get back to profitability. Read more...

Facebook charges $100 to send a message, apparently

Paul Ferson — Tue, 01 Jan 2013 19:32:26 +0000

Talent agent Micah Johnson was able to screencap some very unusual activity from Facebook. The social network wanted to charge $100 to deliver a message as part of a new counter-spam initiative. Read more...

HTC releases Q3 earnings, net profit down at $137 million

Vlad Dudau — Mon, 08 Oct 2012 09:33:54 +0000

HTC has released their quarterly earnings and just as before they're not good. The company is losing revenue and it could find itself in deep trouble if their new phones don't succeed. Read more...

Facebook's first ever earnings call is today, 2PM PT

Tzvi Friedman — Thu, 26 Jul 2012 15:35:42 +0000

After an IPO that had analysts in a kerfuffle for a while, Facebook prepares to explain the last few months to shareholders. Read more...

Is Best Buy's founder planning to take it private?

Tyler Holman — Wed, 27 Jun 2012 22:10:07 +0000

The Wall Street Journal thinks that Best Buy founder Richard Schulze's abrupt resignation from the company's board could be part of a plan to buy-out the company and take it private again. Read more...

AceMoney Lite 4.20.6

Razvan Serea — Tue, 27 Mar 2012 12:04:30 +0000

AceMoney Lite, home budget, free personal financial software, is the best Microsoft Money or Quicken alternative. It makes managing multiple accounts a breeze. Read more...

AceMoney Lite 4.20.4

Razvan Serea — Fri, 02 Mar 2012 16:47:21 +0000

AceMoney Lite, home budget, free personal financial software, is the best Microsoft Money or Quicken alternative. It makes managing multiple accounts a breeze. You can manage your budgets Read more...

Intel reports solid financial results

John Callaham — Wed, 20 Jul 2011 21:07:07 +0000

PC processor maker Intel reported solid earnings today in its latest financial results. For the quarter that ended on June 30, the company stated in a press release that it brought in $13.1 billion in... Read more...

Microsoft posts record breaking revenues, impresses analysts

Tzvi Friedman — Thu, 28 Oct 2010 21:23:07 +0000

Microsoft announced today that their revenue for this quarter has broken records and beaten analyst predictions, according to Engadget, coming in at a smooth $16.2 billion. $5.41 billion of that was profit. The great financial... Read more...

Apple announces record Q4 2010 results, best ever despite iPad sales

Tom Warren — Mon, 18 Oct 2010 21:05:33 +0000

Apple released its financial results today for its fiscal 2010 fourth quarter ended September 25, 2010. Apple sold 3.89 million Macs during the quarter, a unit increase of 27 percent over the year-ago quarter. Quarterly iPhone... Read more...

Google smashes earnings estimates for Q3 2010

Tom Warren — Thu, 14 Oct 2010 20:38:53 +0000

Google announced its third quarter 2010 financial results on Thursday and smashed through previous estimates. The search giant reported earnings of $7.67 a share and net revenues of $5.48 billion. Analysts had previously predicted earnings of... Read more...

Microsoft's Steve Ballmer had his bonus dumbed down for Kin failure

Tom Warren — Fri, 01 Oct 2010 08:54:19 +0000

Microsoft's CEO, Steve Ballmer, did not receive his maximum bonus for the last fiscal year, despite a record year with the company's highest ever sales. 54 year old Ballmer took a bonus hit due to the... Read more...

Microsoft reports strong Q4 revenue thanks again to Windows 7 sales

Tom Warren — Thu, 22 Jul 2010 20:22:22 +0000

Microsoft announced on Thursday, a record fourth-quarter revenue of $16.04 billion for the quarter ended June 30. The financial figures are a 22% increase from the same period of the prior year. Microsoft says this revenue... Read more...

Apple Q3 2010 earnings, Mac up 33%, 8.4 iPhone & 3.27 million iPad sales

Tom Warren — Tue, 20 Jul 2010 20:44:06 +0000

Apple announced its financial results on Tuesday for the third quarter of 2010 ending June 26. Amongst the announcements was the news that the company posted record revenue of $15.7 billion and net quarterly profit of... Read more...

Microsoft reports strong third-quarter revenue thanks to Windows 7 sales

Tom Warren — Thu, 22 Apr 2010 20:52:15 +0000

Microsoft announced on Thursday, a record third-quarter revenue of $14.50 billion for the quarter ended March 31, 2010. The financial figures are a 6% increase from the same period of the prior year. Windows revenue has... Read more...