Neowin News Feed for: Profit

As memory crisis continues, Samsung expects record profit in latest quarter

Usama Jawad — Thu, 08 Jan 2026 09:04:01 +0000

Samsung is expected to post a record-breaking quarter soon, with the latest guidance indicating almost 20 trillion Korean won in operating profit. Read more...

Some 6,000 satellites later, Musk's Starlink turns profitable in 2024, report estimates

Martin Hodás — Sat, 11 May 2024 20:40:01 +0000

SpaceX's Starlink service is estimated to generate billions in revenues and achieve profitability for the first time in 2024, just five years after launching the first batch of satellites. Read more...

Apple takes 85% of the profit pie, outperforms struggling smartphone market in 2022

Karthik Mudaliar — Fri, 03 Feb 2023 10:20:01 +0000

Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research. Read more...

Microsoft posts $52.7 billion revenue in latest quarter with weak Xbox and Windows results

Usama Jawad — Wed, 25 Jan 2023 08:42:01 +0000

Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows. Read more...

Instagram removes the lowest daily limit to boost user interaction with the app

Paul Hill — Tue, 22 Feb 2022 01:10:01 +0000

Instagram has increased the lowest daily limit to 30 minutes. Prior, you could set the app usage limit to 15 minutes but that option is no longer available. The move should help bolster revenues. Read more...

Samsung records highest-ever revenues in Q3 2020 led by strong demand for its smartphones

Rajesh Pandey — Thu, 29 Oct 2020 05:52:01 +0000

Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics. Read more...

Logitech sales soar as schools, colleges, and workplaces shift to stay-at-home policies

Ather Fawaz — Tue, 12 May 2020 10:40:01 +0000

Due to the surge in demand for computing peripherals amidst the COVID-19 pandemic, Logitech reported a 13.6% rise in quarterly sales—a rise to $709.2 million from $624.3 million a year earlier. Read more...

Analysts point to slow smartphone sales as Samsung's operating profit declines

João Carrasqueira — Fri, 06 Jul 2018 16:58:01 +0000

The smartphone manufacturer's sales for Q2 2018 were down from the first quarter and below analyst expectations and relatively slow sales of its Galaxy S9 smartphones could be to blame. Read more...

Samsung made over $50 billion in sales this quarter

Usama Jawad — Fri, 06 Apr 2018 14:28:01 +0000

Samsung has posted a strong earnings guidance for this quarter, saying that it made over $50 billion in sales. It also boasts nearly $15 billion in operating profit, likely due to its chip business. Read more...

Samsung announced Q4 and full year 2017 earnings

Paul Hill — Wed, 31 Jan 2018 08:24:01 +0000

Samsung has announced its Q4 and full year 2017 earnings. The company's profits were driven by its memory business but it also saw good sales for premium OLED displays and high-end smartphones. Read more...

Samsung share price to skyrocket, profits could exceed expectations

Muhammad Jarir Kanji — Wed, 11 Oct 2017 04:56:02 +0000

The South Korean giant's shares are already surging in value and are expected to climb as forecasts suggest profits exceeding expectations when earnings for the third quarter are posted. Read more...

Sony reports a 180.5% increase in operating income, with PS4 shipments hitting 63.3 million

Dreyer Smit — Tue, 01 Aug 2017 08:24:01 +0000

After a long and difficult road to profitability, Sony has finally returned to the black after it reported its latest financial results for the quarter ending June 30 thanks to its Imaging division. Read more...

Samsung most profitable tech company; beats Intel in semiconductor market after Q2 results

Vlad Dudau — Fri, 28 Jul 2017 10:16:01 +0000

Samsung has posted a surprisingly positive financial report, outperforming even its own expectations, while also being more profitable than Apple for Q2 overall, and leaping Intel in the chip market. Read more...

EU fine staggers Alphabet's profits, even as the company exceeds expectations

Gurkaran Singh — Tue, 25 Jul 2017 14:58:01 +0000

The huge £2.1bn fine imposed on Google's parent company by the European Union has, unsurprisingly, affected its profit, even as the company exceeded expectations in its latest earnings call. Read more...

Samsung expects to post higher profits than Apple for the first time ever

Stergios Georgopoulos — Fri, 07 Jul 2017 11:44:02 +0000

Samsung expects to post record profits of $12.1 billion for Q2 and may surpass Apple for the first time ever, with Cupertino expected to post a profit of $10.49 billion for the same quarter. Read more...

Microsoft: Xbox One X won't be sold at a profit, money to come from selling games

Usama Jawad — Thu, 15 Jun 2017 01:06:01 +0000

While many people believe the $499 price of the Xbox One X to be too steep, Microsoft has revealed that it won't be selling the console at a profit at all. It expects revenue from selling games. Read more...

Cerber ransomware rakes in almost $1 million per year, even if victims aren't paying

Justin Luna — Wed, 17 Aug 2016 13:26:01 +0000

A report by a security firm recently explored the recent trends when it comes to the Cerber ransomware. It has discovered that the developers and affiliates earn almost $1 million per year in profit. 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...

Despite beating its own financial expectations, Seagate will lay off 6,500 employees

Vlad Dudau — Tue, 12 Jul 2016 08:14:01 +0000

Seagate has ended its most recent financial quarter on a high note with the company beating its own revenue and profit expectations. But it also announced it will lay off 6,500 workers. Read more...

Facebook Q1 2016: staggering growth in mobile; more ads than ever; stock hits new high

Vlad Dudau — Thu, 28 Apr 2016 08:06:01 +0000

Facebook posted its earnings for the first financial quarter of 2016, and the company blew past all the analysts' expectations. It saw startling growth in mobile ad revenue and users. Read more...

Sony posts $1.3 billion profit for FY 2015, as PlayStation 4 sales soar to 17.7 million

Vlad Dudau — Thu, 28 Apr 2016 07:20:01 +0000

Sony has posted a profit of $1.3 billion for the entire 2015 fiscal year, which ended March 31st. The company's PlayStation 4 console sales surged to 17.7 million units, surpassing expectations. Read more...

Microsoft shares dive after disappointing earnings, but outlook is stable

Vlad Dudau — Fri, 22 Apr 2016 08:18:01 +0000

Microsoft's Q3 2016 earnings were disappointing according to investors and the company's stock has taken a quick dive. However, its future outlook is considered stable and encouraging. Read more...

Steve Wozniak: Apple should pay a lot more in taxes

Vlad Dudau — Fri, 22 Apr 2016 07:42:02 +0000

According to the company's co-founder, Apple should be paying its fair share in taxes. This, after allegations from both the EU and US that the company has been dodging billions in owed taxes. Read more...

Microsoft posts Q2 FY2016 earnings: $5.0 billion net income on $23.8 billion revenue

Vlad Dudau — Thu, 28 Jan 2016 21:13:54 +0000

Today Microsoft has posted its latest financial report. This is for the second quarter of the company's 2016 financial year and it covers Microsoft's holiday sales and its Windows 10 marketing push. Read more...

Samsung warns of lower profits, troubled year ahead

Vlad Dudau — Tue, 05 Jan 2016 10:30:01 +0000

Samsung is warning its employees and investors that recent struggles it has faced in terms of profits and sales won't be ending anytime soon and that 2016 looks set to be a very uncertain year. Read more...

Toshiba's CEO resigns, amid $1.2 billion financial scandal

Vlad Dudau — Tue, 21 Jul 2015 10:12:01 +0000

Toshiba's CEO, Hisao Tanaka, alongside other top-level executives, have resigned their positions after it came to light that Toshiba had declared $1.2 billion in false profits over the last six years. Read more...

Samsung to miss sales targets for Q2 despite positive reception for Galaxy S6

Vlad Dudau — Tue, 07 Jul 2015 07:58:01 +0000

In its latest financial guidance reports, Samsung warns that it's on course to miss its targets for the second quarter of 2015. This is despite the positive reception to the company's new flagships. Read more...

Samsung warns of more declines in profits and revenue for Q1 2015

Vlad Dudau — Tue, 07 Apr 2015 09:34:01 +0000

Samsung is warning investors of a continued trend of decline in both profits and revenue for the first quarter of this year. However, the company looks set to fare better later this year. Read more...

Despite a billion viewers, YouTube has zero profit

Vlad Dudau — Thu, 26 Feb 2015 10:00:01 +0000

It's hard to imagine that YouTube, as ubiquitous and gigantic as it is, has never turned a profit. But that's exactly what a new report explains, alongside the myriad challenges that the site faces. Read more...

Microsoft stock takes plunge after quarterly results

Vlad Dudau — Tue, 27 Jan 2015 09:14:01 +0000

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. Read more...

Microsoft announces record dividend for second quarter in a row

Vlad Dudau — Thu, 04 Dec 2014 10:14:01 +0000

Microsoft's board approved a dividend rate of $0.31 per share, an amount equal to last quarter's payout. It's been a great fiscal year for the company so high dividend were expected by investors. Read more...

Wikipedia starts accepting Bitcoins, receives $140,000 in the first week

Jett Goldsmith — Sat, 09 Aug 2014 19:28:51 +0000

After it started accepting the popular virtual currency, Wikipedia has seen a surge in donations via Bitcoin -- over $140,000 worth -- in its first week alone. Read more...

Samsung to launch two high-end smartphones after operating profit drops 25%

Phi Ha — Fri, 01 Aug 2014 15:17:55 +0000

Samsung has revealed plans to launch two high-end smartphones in hope of recovering from its Q2 $1bn profit loss. The flagship will be a likely addition to the popular Galaxy Note line. Read more...

HTC forecasts decline in sales to continue

Orhon Can Dagtekin — Fri, 01 Aug 2014 09:18:22 +0000

According to its CFO, the Taiwanese smartphone manufacturer will see its sales and revenue decline during the third quarter of 2014. However, Mr. Chang believes in his company's upcoming products. Read more...

Each Microsoft employee generates $220,800 in net income but still lags behind competitors

Brad Sams — Fri, 11 Jul 2014 16:44:28 +0000

If you work at Microsoft, based on 2013 figures, each person generated $220,800 in net income and $786,400 in revenue - but that is far less than the company's leading rivals, Google and Apple. Read more...

Samsung Q2 profit down 25%; blames smartphone growth slowdown

Steven Parker — Tue, 08 Jul 2014 08:53:19 +0000

Samsung has forecasted a third consecutive operating profit loss, down 25% for the same period last year. It blames a slowdown in smartphone growth in Europe and China due to increased competition. Read more...

Microsoft will not sell the Xbox One for a loss

Anthony Tosie — Thu, 05 Sep 2013 20:47:31 +0000

Unlike its previous two game consoles, Microsoft doesn't plan to sell the Xbox One at a loss at launch. Instead, it will break even or achieve a small profit for each console sold "at worst." Read more...

Facebook spam could be worth $200m annually

Paul Ferson — Thu, 29 Aug 2013 14:03:09 +0000

Facebook comment spam can be annoying to encounter, but a group of Italian researchers believe it to be worth up to $200 million annually, with some spammers setting up pages to earn even more money. Read more...

Amazon shocks with net loss for quarter

Paul Ferson — Fri, 26 Jul 2013 15:26:22 +0000

Despite being a massive global retailer, Amazon has shocked with the announcement that they have recorded a loss for the quarter, due to increased spending on their own infrastructure. Read more...

HTC Q1 2013 financial results: 98% drop in profit, almost 50% drop in revenue

Vlad Dudau — Thu, 02 May 2013 08:43:49 +0000

HTC has seen a dramatic drop both in its revenue and its profits. These declines are due in part to supply issues with their brand new HTC One. The company is optimistic even though it is struggling Read more...