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Strong smartphone sales lead Samsung to record quarterly profit

Strong smartphone sales lead Samsung to record quarterly profit
  • Posted April 26, 2013, 1:30 PM by Shawn Knight | Filed in Industry News
  • Samsung set a new net profit record of 7.15 trillion won ($6.4 billion) in the first quarter of 2013 thanks to strong smartphone sales. That’s up from 5.05 trillion won during the same time a year ago and higher than…

Nokia's $196 million loss overshadowed by otherwise promising results

Nokia
  • Posted April 18, 2013, 11:30 AM by Shawn Knight | Filed in Industry News, Mobile Computing
  • Nokia recently reported financial results for Q1 2013 and while the company still has a long way to go, things do look promising at this point. Overall operating loss came in at roughly €150 million (nearly $196 million) on revenue…

Facebook profits tumble due to heavy mobile spending

Facebook profits tumble due to heavy mobile spending
  • Posted January 31, 2013, 4:00 PM by Shawn Knight | Filed in Industry News
  • Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,…

Samsung reports $52.45 billion in revenue, good for $8.27 billion profit

Samsung reports $52.45 billion in revenue, good for $8.27 billion profit
  • Posted January 25, 2013, 1:00 PM by Shawn Knight | Filed in Industry News
  • Samsung recently reported fourth quarter 2012 earnings which narrowly outpaced estimates released earlier this month. The South Korean multinational conglomerate earned revenues of roughly $52.45 billion with a profit of $8.27 billion. Samsung said the profit was up 10 percent…

Asus reports positive third quarter, credits strong tablet sales

Asus reports positive third quarter, credits strong tablet sales
  • Posted October 30, 2012, 4:00 PM by Shawn Knight | Filed in Industry News
  • Asus have plenty of reasons to celebrate today. In the wake of dreadful quarterly reports from fellow PC makers Dell and HP earlier this year, the Taiwanese computer and tablet maker posted positive third quarter results on Tuesday.

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