Neowin News Feed for: Profits

Samsung reports third quarter 2025 earnings beating last quarter

Paul Hill — Thu, 30 Oct 2025 10:22:02 +0000

Samsung has reported its financial earnings for the third quarter of 2025, beating its previous quarter's revenues and profits. Read more...

TSMC predicted to report 58% leap in fourth-quarter profits this week

Paul Hill — Mon, 13 Jan 2025 10:36:02 +0000

The Taiwanese semiconductor firm, TSMC, is expected to report a 58% increase in Q4 profits compared to the same period in 2023. This is being driven by AI. Read more...

Chip companies that get U.S. subsidies will have to relinquish significant excess profits

Paul Hill — Tue, 28 Feb 2023 21:22:01 +0000

The Biden administration has said that companies receiving funds from the CHIPS subsidy will be required to pay the government if they do exceedingly well and accrue "excess profits". Read more...

Samsung predicts record profits of $12.8 billion for Q3 2017

Muhammad Jarir Kanji — Fri, 13 Oct 2017 08:56:01 +0000

The highest ever recorded by the company, Samsung predicts its Q3 profits will be $12.8 billion, marking a massive improvement year-on-year. The figures were spurred by high sales for its components. Read more...

Samsung profits up 73% thanks to semiconductor business and strong Galaxy S8 sales

Dreyer Smit — Thu, 27 Jul 2017 07:46:01 +0000

Thanks to its booming semiconductor business and stronger than expected sales of the flagship Galaxy S8, Samsung recorded a massive rise in its operating profit for the second quarter. Read more...

Samsung reports profits in Q4 despite Note7 recall

Paul Hill — Tue, 24 Jan 2017 17:44:01 +0000

Samsung has reported profits in Q4 of 2016 despite the large recall of Galaxy Note7 devices after reports of explosions were reported. The earnings were driven by the memory business. Read more...

Samsung's profit is down 30% after the Note7 fiasco

Michael Firth — Thu, 27 Oct 2016 10:52:01 +0000

Operating profit at Samsung has fallen by 30% since the botched recall and discontinuation of the Galaxy Note7 handset, after possible battery issues caused some units to catch fire or explode. Read more...

Samsung revises Q3 2016 earnings forecast as shares tumble

Usama Jawad — Wed, 12 Oct 2016 09:38:01 +0000

With the cancelation of the Samsung Galaxy Note7, the company has revised its Q3 2016 earnings forecast with share prices falling by almost 10% in two days - and a loss of $20 billion in market value. Read more...

Samsung predicting increased profits thanks to healthy Galaxy S7 sales

Andrew Stevenson — Thu, 07 Jul 2016 07:58:01 +0000

Samsung is predicting higher than expected profits for Q2 2016, up from the same period last year, with healthy Galaxy S7 sales one of the main contributors to this latest success. Read more...

Nintendo's profits drop 36%, no new news on NX or Miitomo

Andrew Stevenson — Wed, 03 Feb 2016 09:50:01 +0000

While Nintendo continues to develop its new NX console and transition its business into the mobile market, its been announced that the gaming giant suffered a 36% fall in profits for Q4 2015. 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...

Sony records large profits, yet mobile business still struggling

Justin Luna — Fri, 31 Jul 2015 07:24:01 +0000

Sony has posted positive profits for the quarter, which is largely due to a high number of sales for the PlayStation 4 However, its mobile division continues to stumble, recording a drop in revenue. Read more...

App Store off to a tremendous start in 2015

Usama Jawad — Thu, 08 Jan 2015 20:22:01 +0000

Apple has announced that its App Store has broken some pretty impressive records in terms of sales in 2015. The company has shared some interesting statistics with the public in its press release. Read more...

Samsung profits down 60 percent over last year

Vlad Dudau — Tue, 07 Oct 2014 08:22:01 +0000

Samsung is seeing its dominance over the smartphone market being challenged. As such profits are being squeezed and recent declines seem to be a trend rather than occasional market flukes. Read more...

Sony estimates $2.14bn loss for smartphone business

Vlad Dudau — Wed, 17 Sep 2014 08:05:34 +0000

Sony is struggling with its smartphone business thanks to stiff competition from Apple and Samsung, and plans to focus on its higher-end devices, while reducing its mid-range line-up. 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...

Dell posts Q2 earnings, sees 72% decline in profits

Vlad Dudau — Fri, 16 Aug 2013 10:03:25 +0000

Dell has posted its quarterly earnings report and while its yearly revenue is pretty much flat the company has seen a 72% decline in profits. Dell is also trying to go back to being private company. Read more...

Netflix announces profitable Q2, but investors still worried

Vlad Dudau — Tue, 23 Jul 2013 11:20:25 +0000

Netflix has released its quarterly report and it seems the video streaming company has had a great quarter with profits and revenue seeing a substantial increase. However, investors are still nervous. Read more...

HTC sees $41.6m profits in Q2, less happy outlook for Q3

Vlad Dudau — Fri, 05 Jul 2013 10:41:56 +0000

HTC's latest quarterly report brings some good news for investors as the company is once again profitable. Unfortunately next quarter's outlook is bleak with sales expected to fall. Read more...

Lenovo posts record sales just as PC market shrinks

Vlad Dudau — Thu, 23 May 2013 13:39:57 +0000

Lenovo has published its quarterly earnings report and the Chinese manufacturer has had a record setting quarter. They now stand at 15.5% of the global PC market and they rank third on smart devices. Read more...

Analysts: Apple and Samsung account for 100% of smartphone industry profits

Vlad Dudau — Tue, 07 May 2013 12:53:05 +0000

A new reports from analysts claims that Apple and Samsung account for all the profits in the smartphone industry over the past quarter. That's down from previous years when they were above 100%. Read more...

LG sees 20 percent smartphones sales increase in Q1 2013

Vlad Dudau — Wed, 24 Apr 2013 11:04:34 +0000

LG has published its financial report for the first quarter of the year and it brings some good news. They have sold more than 10 million smartphones, an increase of 20% over their holiday quarter. 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...

The Galaxy brand raises Samsung's profits to astronomical levels

Andrew Stevenson — Tue, 08 Jan 2013 17:16:56 +0000

Samsung, unlike some mobile manufacturers, are celebrating a fifth consecutive record profit for Q4 2012. The reason? The Galaxy range of phones and tablets selling in their droves of course! Read more...

Poor HTC, profits down yet again

Andrew Stevenson — Mon, 07 Jan 2013 10:46:29 +0000

HTC - Quietly brilliant yes, but publicly haemorrhaging money. A 91% drop in profits for Q4 of 2012 has been announced, but CEO Peter Chou is optimistic for 2013 after a rough 2012. Read more...

Google profits skyrocket by moving revenue to shell company

Anthony Tosie — Mon, 10 Dec 2012 14:29:17 +0000

Google is coming under fire today for a recent relevation that it saved about $2 billion in worldwide income taxes by shifting nearly $10 billion of its revenues to a shell company in Bermuda. Read more...

Samsung to report record quarterly profit

Andrew Stevenson — Fri, 05 Oct 2012 08:50:03 +0000

Following strong sales of the Galaxy SIII handset and a high profile court case against Apple, Samsung are set to announce record quarterly profits of $7.3 billion for July to September. Read more...

Apple: We don't care about the money, just great products

Andy Weir — Thu, 02 Aug 2012 09:12:57 +0000

For the world's most valuable company, with cash reserves of $117bn, money seems to be the driving force behind its success. Not so, says Apple's design chief: "Our goal is to make great products." Read more...

Facebook shares reach all-time low

Paul Ferson — Wed, 01 Aug 2012 14:54:27 +0000

Facebook's stock prices reached an all-time low on Tuesday's trading, having declined 43% since their initial availability in May. Stocks were trading at just over $20 on the markets during the day. Read more...

Google announces first quarter 2010 financial results

Andrew Lyle — Fri, 16 Apr 2010 06:14:34 +0000

Today Google has announced their financial earnings for the first quarter of 2010. The first quarter ended March 31, 2010, with a reported revenue of $6.77 billion. Compared to the first quarter results... Read more...

Where do Microsoft's profits come from?

Benjamin Rubenstein — Sun, 14 Feb 2010 19:28:48 +0000

It's hard to fathom how much money a company such as Microsoft makes a year. In 2009, Microsoft's net income was 14.569 billion dollars. It is the most profitable software company on planet Earth. But... Read more...

Microsoft's profits drop for first time in 23 years

Brad Sams — Fri, 24 Apr 2009 12:25:39 +0000

It goes to show that no company is truly recession proof. Microsoft is reporting that sales have fallen for the first time in 23 years. According to numbers released by Microsoft sales have... Read more...

AMD to axe 1100 jobs and cut pay

Andrew Fairbairn — Sun, 18 Jan 2009 17:38:28 +0000

Computer chip maker AMD (Advanced Micro Devices Inc) plans to cut 1100 of its workers and decrease some salaries by up to 20 percent. This is the third round of job cuts within the last... Read more...

Microsoft dropped Vista hardware spec to raise Intel profits

Steven Parker — Tue, 04 Mar 2008 12:39:24 +0000

According to an email sent last February by Microsoft general manager John Kalkman, the software giant lowered Windows Vista's minimum hardware requirements to ridiculous levels only because Intel needed to sell more graphics chipsets. The... Read more...

Apple Profits Surge 67%

Mon, 22 Oct 2007 23:27:55 +0000

Electronics maker Apple Inc. (formerly Apple Computer) saw profits surge by 67% in the three months to the end of September, thanks to demand for its widely popular Mac computers and iPods. The company also... Read more...

Samsung Expects Rising Q3 Chip Profits

Mon, 20 Aug 2007 15:17:22 +0000

South Korea's Samsung Electronics Co., the world's largest maker of computer memory chips, expects third-quarter operating profit in its memory chip business to double or triple from the previous quarter, according to Chu Woo-sik, chief... Read more...

Sprint-Nextel Q2 Profits Beat Expectations

Wed, 08 Aug 2007 19:48:07 +0000

Wireless provider Sprint Nextel Corp. on Wednesday said second-quarter profits dropped sharply on takeover costs and expenses tied to its planned rollout of a WiMax network. The Reston, Virginia-based company, with operational headquarters in Overland... Read more...

AMD Claims Intel Collected $60 Billion in Illegal Profits

Thu, 02 Aug 2007 22:47:04 +0000

The latest development in a pending antitrust suit by CPU manufacturer Advanced Micro Devices (AMD) against its cheif rival, Intel, comes in the form of a glimpse at the case AMD will present in a... Read more...

Google Profits Lower Than Expected

Fri, 20 Jul 2007 13:40:49 +0000

Web search giant Google saw its profits jump 28% to $925m (Â£451m) over the past three months, but the figure was not as good as analysts had hoped for. Compared to the same period in... Read more...

Sony Announces 68 Per Cent Drop in Profits

Joe Cashman — Wed, 16 May 2007 17:04:37 +0000

Sony has announced that the launch of the PlayStation 3 has contributed to a 68 per cent drop in operating profits to JPY 71.8 billion (EUR 438.3 million) for the year ended March 31, compared... Read more...