HTC investors were greeted with both good and bad news from the company's Q2 financial results.
They were able to increase overall revenue by 27% compared to Q1, but they still lost NT$4.2 billion for the quarter.
Things are looking good for Google's parent company. They brought in $21.3 billion in overall revenue for the quarter, which is up from $17 billion during the same time last year.
Of that $21.2 billion, $5.8 billion was non-GAAP net profit and that is also up from $4.8 billion compared to Q2 of...
Samsung released their Q2 financial report and thanks to strong Galaxy S7 sales, the company made more profit than they have in 2 whole years.
Revenue for the quarter was up to $45.2 billion, which is an increase of 5% compared to last year during the same time. With operating profit at $7.22...
With Twitter's growth still falling short of expectations, Facebook just seems to keep growing with no end in sight.
In Q2 of this year, the company brought in $6.44 billion in revenue and $2.05 billion was profit. This is an increase of 59% compared to Q2 of last year.
T-Mobile has reported Q2 2016 financial numbers. The company added 1.9 million total net additions. The company earned $9.2 billion total revenue, but only profited $225 million due to aggressive marketing and promotions.
Verizon today announced their quarterly earnings report. The company earned $30 billion in revenue, and also added 615,000 post-paid lines. The company now has 74.6 million smartphone lines, and 82% of connected devices are 4G LTE.
Huawei has just released their financial report for the first half of 2016. Thanks to strong smartphone sales, the company was able to increase sales revenue by 40% compared to the first half of 2015.
Sprint has reported numbers for Q2 2016. The company added 173,000 postpaid additions, and 377,000 additions overall. The company still posted net losses of $302 million despite the additions.
AT&T has published their financial report and thanks to their expansion into Mexico, along with Cricket, they were able to add 2.1 million net subscribers.
Q2 hasn't yet ended, however the company is forecasting operating profit of $6.8 billion on the quarter. The good result was propped up by their consumer electronics and mobile divisions.
Blackberry didn't have a great Q1, as the company lost $670 million for the quarter, most of which was due to write-downs in the hardware business. Surprisingly enough, Blackberry still beat expectations.
In an earnings report today, Lenovo revealed that both their China and US businesses are struggling. An interesting note from the report is the fact that Lenovo felt that the Motorola acquisition did not meet their expectations.
Lenovo has plans to improve things, though, and says they've...
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