Google held a session today at I/O 2013 about how to make money on Android, and in the initial few minutes it shared some updated stats around Google Play revenues and how those are progressing. Not surprisingly, the big growth is coming with in-app purchases, though Google’s recently launched subscription model is also making headway.
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Tag Archives: revenue
Google Play In-App Purchase Revenue Growth Jumps 7X In One Year, Subscription Revenue Growing 2X Each Quarter
Posted by Gsurface
on May 17, 2013
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Sina Narrows Its 1Q Loss As It Counts On Weibo-Alibaba Deal To Bolster Ad Revenue
Posted by Gsurface
on May 17, 2013
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Despite rising costs and increasing competition from rivals like Tencent, Chinese Internet giant Sina narrowed its first-quarter net loss to $ 13.2 million from $ 13.7 million a year earlier, the company reported today. Sina’s net revenue increased 19 percent year-over-year to $ 126 million, strengthened by stronger-than-expected non-advertising revenue.
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Carrier GIV Mobile promises 8 percent of revenue to charity
Posted by Gsurface
on May 15, 2013
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The new prepaid wireless service provider promises to give up to $ 50 a year per customer to charities. [Read more]
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T-Mobile first-quarter revenue declines while adding customers
Posted by Gsurface
on May 8, 2013
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No. 4 wireless carrier added 579,000 customers in the first quarter while notching its lowest churn rate in nearly five years. [Read more]
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T-Mobile USA Q1 2013 revenue drops 5 percent for second consecutive quarter to $4.7 billion
Posted by Gsurface
on May 8, 2013
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T-Mobile USA has been making a big push for pre-paid customers since it launched its Uncarrier plans in March, and it seems to be working — unfortunately, at the expense of more lucrative post-paid clients. While pre-paid revenue bumped to $ 503 million over $ 474 million last quarter, post-paid revenue fell to $ 3.2 billion, a drop of 4.7 percent, and overall revenue dropped by about the same amount to $ 4.7 billion from $ 4.9 billion in Q4 2012. Overall, however, the company did pick up 579,000 customers in total, and claimed its lowest client turnover rate, 1.9 percent, since way back in 2008. Another bright spot has been the addition of the iPhone, as the company has already pushed around 500,000 of the 4, 4S and 5 models out the door since it launched at the Uncarrier event — perhaps due to the very attractive pricing.
Filed under: Mobile
Acer's Q1 net profit up 55 percent, but revenue down
Posted by Gsurface
on May 7, 2013
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Acer said its net profit for the first quarter grew 55 percent year-over-year, but its revenue continued to decline amid struggling PC sales.
Computerworld News
Gartner: Worldwide CRM revenue grew 12.5 percent in 2012
Posted by Gsurface
on April 29, 2013
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Global CRM (customer relationship management) revenue grew 12.5 percent last year to US$ 18 billion, a rate three times that of all enterprise software segments on average, as companies look to acquire more business and serve existing customers better, according to a new Gartner report.
Computerworld News
Canada Revenue Agency To Tax BitCoin Transactions
Posted by Gsurface
on April 28, 2013
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First time accepted submitter semilemon writes “The Canada Revenue Agency has started paying attention to BitCoin transactions, as it says users will have to pay tax on all transactions using the currency. From the article, “The CRA told the CBC there are two separate tax rules that apply to the electronic currency, depending on whether they are used as money to buy things or if they were merely bought and sold for speculative purposes. “Barter transaction rules apply where BitCoins are used to purchase goods or services,” Canada Revenue Agency spokesman Philippe Brideau said in an email. In this situation, that means whatever you’ve received in exchange for your $ 1 worth of vegetables must be documented as a taxable gain of at least $ 1 somewhere. When it comes to trading BitCoins for profit, the tax man says there are tax implications there, too. “When BitCoins are bought or sold like a commodity, any resulting gains or losses could be income or capital for the taxpayer depending on the specific facts,” ruled the CRA.”
Read more of this story at Slashdot.
Buffer Scheduling Service Now Making Over $100K In Monthly Revenue, With 600K Users Sending 5M Updates Per Month
Posted by Gsurface
on April 25, 2013
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Social network scheduling startup Buffer continues to grow, and is now on track to make over $ 1 million in annual revenue with over $ 100,000 coming in from clients per month. The company now has over 600,000 users, and over 10,000 paying users as of this month, signalling significant growth from December of 2012, when it had 400,000 total users, and a third of its current social shares per month.
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AT&T revenue, net income nearly flat
Posted by Gsurface
on April 24, 2013
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AT&T has reported revenue of US $ 31.4 billion for the first quarter of 2013, down slightly from a year earlier, although net income was up slightly, with a sagging wireline business division nearly offsetting mobile and wired broadband growth.
Computerworld News
Office 365 subscriptions furnish 4% of Microsoft’s Office division revenue
Posted by Gsurface
on April 22, 2013
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Microsoft’s Business division, which manages the company’s Office cash cow, recorded a 5% revenue bump in the first quarter over the same period in 2012, an increase driven by a surge in enterprises signing long-term licensing agreements.
Computerworld News
IBM's revenue deflated in 2013's first quarter
Posted by Gsurface
on April 19, 2013
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Unable to close a number of large mainframe and software deals by the end of the quarter, IBM has reported a 5 percent decline in revenue to US$ 23.4 billion for the first quarter of 2013.
Computerworld News
Microsoft Q3 earnings and revenue up, as all divisions make gains
Posted by Gsurface
on April 19, 2013
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Microsoft increased revenue across all its divisions in its third fiscal quarter, achieving an almost 20 percent revenue increase year on year.
Computerworld News
AMD Q1 2013 earnings: softer $146 million net loss on $1.09 billion revenue
Posted by Gsurface
on April 18, 2013
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Just two days after the earnings report of its storied rival, AMD has followed suit with a Q1 2013 earnings report of its own. The company reported a net loss for the quarter of $ 146 million, which stings, but isn’t quite so painful as the $ 473 million loss that it took just one quarter earlier. Meanwhile, AMD revenue of $ 1.09 billion is more or less flat from the previous quarter, but has fallen by $ 500 million since Q1 of the previous year. The announcement was enough to make investors wince, as AMD’s stock price is now declining in after-hours trading. As for a silver lining, AMD emphasized that its gear will power the upcoming PS4. If Microsoft were to make a similar decision, then perhaps AMD could turn its financial frown upside-down.
Filed under: AMD
Source: Marketwire
Yahoo profit jumps by 36% amid a decline in revenue
Posted by Gsurface
on April 17, 2013
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Yahoo's profits rose more than 30% in the first quarter, due to a variety of factors including lowered operating costs, though sales at the company declined.
Computerworld News
Yahoo First Quarter Results: Revenue Dips Slightly, Profits Increase
Posted by Gsurface
on April 17, 2013
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New submitter dolilmao was the first with the news of Yahoo’s first quarter results. From Techcrunch: “Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings of $ 420 million, or 38 cents per share. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $ 1.07 billion. Analysts has predicted that the company would report revenue of $ 1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis — including traffic acquisition costs, revenue was $ 1.14 billion, down 7 percent from last year.”
Read more of this story at Slashdot.
AAP reports e-books now account for over 22 percent of US publishers’ revenue
Posted by Gsurface
on April 13, 2013
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It’s well off the triple year-over-year growth that e-books saw a few years ago, but the latest report from the Association of American Publishers shows that e-books did inch up even further in 2012 to account for a sizeable chunk of overall book sales. According to its figures, e-books now represent 22.55 percent of US publishers’ total revenue — up from just under 17 percent in 2011 — an increase that helped push net revenue from all book sales up 6.2 percent to $ 7.1 billion for the year. As the AAP notes, this report also happens to mark the tenth anniversary of its annual tracking of e-book sales; back at the beginning in 2002, their share of publishers’ net revenue clocked in at a mere 0.05 percent. The group does caution that the year-to-year comparison back that far is somewhat anecdotal, however, given changing methodologies and definitions of e-books.
Via: The Next Web
Source: AAP
Twitter may generate $1b in ad revenue in 2014
Posted by Gsurface
on March 30, 2013
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Twitter’s ad revenue is expected to skyrocket in 2014. The social network has seen a huge rise in mobile advertisement revenue, and is expected to continue on with that momentum throughout the next year. According to eMarketer, 53% of Twitter’s ad revenue comes from mobile advertisements alone. That’s a huge percentage, especially considering that Twitter
Oracle's new software, cloud revenue dropped 2 percent in Q3
Posted by Gsurface
on March 21, 2013
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Oracle's total revenue dipped 1 percent and profits remained almost flat in its most recent quarter, as revenue from new software licenses and cloud services dropped by 2 percent.
Computerworld News
Thrillist reveals that 45% of its revenue comes from JackThreads iPhone app
Posted by Gsurface
on March 15, 2013
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This week at the developer and startup-centric F.ounders conference, Thrillist CEO Ben Lerer has announced that his company’s JackThreads iPhone app is responsible for 45% of their overall revenue. This statistic was part of the CEO’s talk about how a modern mobile-centric strategy for a company such as Thrillist can be – and is –
With 50,000 Users & Double-Digit Monthly Revenue Growth, French Real-Time Alerts Startup Mention Raises $800K Flash Seed
Posted by Gsurface
on March 14, 2013
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French real-time alerts startup mention, which describes its offering as ‘Google alerts on steroids’, has raised a “flash” seed round of $ 800,000 (€600,000) from Alven Capital and Point Nine Capital. Mention offers a real-time web alerts for brands, companies and individuals to track what’s being said about them on the web and social media sites.
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Tesla’s Explosive Revenue Suggests a Brighter Future
Posted by Gsurface
on February 23, 2013
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The maker of the Model S is cranking out cars and may be on track to turn a profit.
Last year Tesla Motors struggled to meet manufacturing targets for its only production car, the Model S, and it recently got hit with a negative review in the New York Times after a journalist ran out of power during a test drive (see “Tesla Blames New Delays on Production Difficulties” and “Musk-New York Times Debate Highlights Electric Cars’ Shortcomings”).
Tesla’s Explosive Revenue Suggests a Bright Future
Posted by Gsurface
on February 21, 2013
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The company is cranking out cars and may be on track to turn a profit.
Last year Tesla Motors struggled to meet manufacturing targets for its only production car, the Model S, and it recently got hit with a negative review in the New York Times after a journalist ran out of power during a test drive (see “Tesla Blames New Delays on Production Difficulties” and “Musk-New York Times Debate Highlights Electric Cars’ Shortcomings”).
Viggle Tries To Right The Ship After Failed GetGlue Merger, Revenue Rises 88%, Registered Users Up 42% For The Quarter
Posted by Gsurface
on February 14, 2013
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Social TV and the second screen experience is quickly catching on among viewers, but the space as a whole is still nascent. While many are eager for a better social TV experience, as there’s plenty of upside for fans, advertisers and broadcasters alike, collectively we’ve all been waiting for one of these players to hit critical mass.
When Viggle announced in November that it would be merging with GetGlue, it seemed as if the combination of two of the leading apps in the space would be a step in that direction. But, fast forward two months, and the Viggle/GetGlue merger was dead in the water.
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Alcatel-Lucent CEO to step down amid losses and declining revenue
Posted by Gsurface
on February 7, 2013
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Alcatel-Lucent reported a fourth-quarter net loss of a!1.37 billion (US$ 1.81 billion), and at the same time announced it is hunting for a new CEO.
Computerworld News
Hard Drive Revenue About To Take a Double-Digit Dip
Posted by Gsurface
on February 5, 2013
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Lucas123 writes “Ultrathin notebooks, smart phones and SSDs are all putting pressure on the hard drive market, which is set to take an almost 12% revenue loss this year, according to a new report from IHS iSuppli. Hard drive market revenue is set to drop to about $ 32.7 billion this year, down 11.8% from $ 37.1 billion last year. At the same time, In what appears to be a grim scenario, the optical disk drive industry is expected to encounter continued challenges this year, and optical drives could eventually be abandoned by PC makers altogether.”
Read more of this story at Slashdot.
Electronic Arts Q3 2013 report sees revenue on the decline
Posted by Gsurface
on January 31, 2013
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Like a number of other companies, Electronic Arts is delivering quarterly financial results today. The report we’re seeing shows the results for EA’s fiscal Q3 2013, and things could be a bit better for the company. The company is reporting a non-GAAP revenue of $ 1.18 billion, which came in below the company’s guidance of $ 1.25
Facebook posts $1.59b revenue for Q4 2012, more users on mobile than desktop
Posted by Gsurface
on January 31, 2013
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Facebook has beat expectations of its Q4 2012 earnings, recording a revenue of $ 1.59 billion, which is just above the expected $ 1.53 billion that the company would rake in. However, the social networking giant didn’t make much of a profit, and instead recorded only a net income of $ 64 million during the quarter. Compared to
Facebook revenue jumps 40 percent in Q4 as mobile overtakes Web use
Posted by Gsurface
on January 30, 2013
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Facebook posted a revenue increase of 40 percent in the fourth quarter as the number of daily mobile users exceeded daily Web users for the first time ever, the company reported.
Computerworld News
Microsoft revenue up, aided by Windows unit sales, though profit declines
Posted by Gsurface
on January 25, 2013
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Though Microsoft's second-fiscal-quarter profit declined, company revenue increased, helped by its Windows division, where sales shot up more than 20 percent year on year.
Computerworld News
Apple's Q1 revenue grows, but Mac sales fall
Posted by Gsurface
on January 23, 2013
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Apple's revenue grew but profit was flat in its first fiscal quarter of 2013, during which sales of iPhones and iPads rose, but Mac and iPod shipments dropped.
Computerworld News
SSD market revenue set to more than double
Posted by Gsurface
on January 23, 2013
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A new generation of lower-cost and more appealing ultrabooks are expected to lead to a more than doubling of global shipments of SSDs in 2013, according to IHS iSuppli.
Computerworld News
Google's Q4 revenue jumps 36 percent
Posted by Gsurface
on January 23, 2013
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Google's fourth-quarter revenue was up 36 percent from the previous year, thanks to continued growth in its advertising business.
Computerworld News
Fab Achieves Mobile Commerce Goal With 56% Of Xmas Day Revenue From Its Apps
Posted by Gsurface
on December 27, 2012
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Fab announced today that 56% of its Christmas day U.S. revenue was from sales through its mobile apps, a new single day record for the design-focused e-commerce platform. Forty percent of its European revenue on that day was also via mobile, another milestone for the company.
TechCrunch
China Now Has 1.104B Mobile Users, While Mobile Communications Revenue Totaled $116.26B Over First 11 Months of 2012
Posted by Gsurface
on December 25, 2012
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Statistics released yesterday (link via Google Translate) by China’s Ministry of Industry and Information Technology (MIIT) show that as of the end of November 2012, there were 1.104 billion mobile phone users in that country, an increase of nearly 118 million people during the first eleven months of 2012. This means that 82% of China’s population currently uses a mobile phone. The number of 3G phone users reached 220 million, or about 20% of mobile phone users. Broadband Internet service users increased by 24.03 billion in the first 11 months of the year, while the number of mobile Internet users increased by 111 million to 750 million. From January to November 2012, mobile communications revenue in China totaled 724.53 billion yuan (or about $ 116.26 billion US dollars), an increase of 11% over the same period last year.
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Report: Apple, Microsoft lock horns over iOS Office revenue split
Posted by Gsurface
on December 13, 2012
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Apple and Microsoft are arguing over the iOS App Store’s submission and payment requirements, and Microsoft has already made concessions as it tries to get its SkyDrive app approved, support discussions show.
Computerworld News
Cisco aims for bigger services business, more software revenue
Posted by Gsurface
on December 8, 2012
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Cisco Systems plans to expand its services business over the next several years, seeing a more important role for itself in a world of connected machines and devices.
Computerworld News
Half of all mobile app revenue went to just 25 developers last month
Posted by Gsurface
on December 5, 2012
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Both Apple’s iTunes App Store and Google’s Play store for Android collectively have over 1.4 million apps to choose from, and surprisingly, more than 50% of the revenue made by these stores in the United States goes to just 25 app developers, according to analytics firm Canalys, which performed a daily survey over a 20-day
Pandora Q3 2013 Revenue Up 60% To $120M, 59.2M Active Users, And A Net Income Of $2.1M
Posted by Gsurface
on December 4, 2012
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Internet radio service Pandora released its financial results for the Q3 2013, ending October 31 2012. Revenues are up 60 percent compared to Q3 2012 and now represents $ 120 million. Pandora reported a non-GAAP earnings per share of $ 0.05. It represents a GAAP net income of $ 2.052 million. Advertising revenue was $ 106.3 million, a 61 percent year-over-year increase. Subscription and other revenue was $ 13.7 million, a 52 percent year-over-year increase. Analysts were expecting revenue between $ 115 million and $ 118 million and non-GAAP EPS between breakeven and $ 0.01. The most important expense for Pandora remains music royalties. Recently, it has been lobbying to lower those content costs. Pandora currently has $ 80.5 million in cash, cash equivalents and short-term investments. That’s down from the last quarter. It had 59.9 million active users this quarter. An important metric is the total number of listener hours. It grew 67 percent year-over-year to 3.56 billion hours for this quarter. Growth is slowing down as it was at 3.3 billion hours last quarter. Developing… Graphics by Bryce Durbin
TechCrunch
Worldwide server shipments rose in Q3, but revenue fell, Gartner says
Posted by Gsurface
on November 29, 2012
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Worldwide server shipments went up in the third quarter of 2012, but revenue from those sales dropped due to economic uncertainty in some parts of the world, research firm Gartner said in a study released on Wednesday.
Computerworld News
HP Misses, Q4 2012 Revenue Down 7% To $30B, $6.9B Net Loss, $8.8B Write-Down For Autonomy Acquisition
Posted by Gsurface
on November 20, 2012
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HP’s earnings for Q4 ending on October 31 show a gloomy quarter. Revenue is down 7 percent to $ 30 billion compared to Q4 2011. But the real problem comes from GAAP net income, with a net loss of $ 6.9 billion, or $ 3.49 per share, compared to a slim net profit of $ 0.2 billion for Q4 2011. Non-GAAP diluted earnings per share is at $ 1.16 compared to $ 1.17 year-over-year. Most of the bad news comes from a huge $ 8.8B write-down for $ 10.2 billion Autonomy acquisition due to accounting fraud. In its earnings document, HP cites “serious accounting improprieties, disclosure failures and outright misrepresentations.” According to Reuters, analysts forecasted net income of $ 2.2 billion on revenue of $ 30.4 billion. The write down was unexpected and represents the vast majority of HP’s loss. Without it, it would have been a slight miss for HP. Developing…
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Mozilla’s search revenue jumps 31%, likely due to nearly $1B Google deal
Posted by Gsurface
on November 16, 2012
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Mozilla today said that income from search partners climbed 31% last year, hinting at the reportedly lucrative deal the open-source foundation struck with fierce browser rival Google.
Computerworld News
Qualcomm Q4 2012 earnings: $4.87 billion in revenue, $1.27 billion net profit
Posted by Gsurface
on November 8, 2012
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With Qualcomm’s powerful, versatile and efficient Snapdragon S4 taking the mobile world by storm, it should come as no surprise that the company’s accountants are smiling more than ever. Today, the firm posted earnings for the fourth quarter of 2012, which includes a net income of $ 1.27 billion with revenues of $ 4.87 billion. In terms of profit, these figures represent a 20 percent year-over-year increase and a five percent bump when compared to the previous quarter. A peek inside Qualcomm’s books reveal that the company is now sitting on $ 43 billion in assets and $ 9.4 billion in liabilities — if only our own pocketbooks were overflowing in similar fashion. Feel free to count some beans for yourself at the source link below.
Filed under: Cellphones, Mobile
Qualcomm Q4 2012 earnings: $ 4.87 billion in revenue, $ 1.27 billion net profit originally appeared on Engadget on Wed, 07 Nov 2012 22:23:00 EDT. Please see our terms for use of feeds.
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Facebook grows revenue more than 30 percent in Q3, but also posts loss
Posted by Gsurface
on October 24, 2012
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Facebook, under extreme pressure to cheer up its disappointed investors, posted revenue growth of more than 30 percent in its third quarter on Tuesday, and beat Wall Street expectations, but also recorded a loss.
Computerworld News
Yahoo Q3 revenue dips, earnings up
Posted by Gsurface
on October 23, 2012
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Yahoo's revenue dropped slightly but earnings rose during the third quarter, the first complete one under the helm of new CEO Marissa Mayer.
Computerworld News
A Quarter Of Japanese eCommerce Giant Rakuten’s $5B/Year Revenue Is Mobile, And It’s Growing 3-400% Y/Y
Posted by Gsurface
on October 21, 2012
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Today, at Y Combinator’s Startup School at Stanford University, Rakuten Founder and CEO Hiroshi Mikitani took the stage to talk about the company’s culture, acquisitions and its crazy growth over the last year.
Mikitani said that Rakuten was currently seeing about $ 5 billion/year in revenues and that 25 percent of that revenue was coming from mobile mobile phones, both feature and smartphones. Forty percent of those transactions emanated from feature phones (yes, you heard that right), with 60 percent coming from smartphones.
TechCrunch
Tata beats rival Infosys in revenue, profit growth
Posted by Gsurface
on October 20, 2012
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Tata Consultancy Services on Friday reported strong revenue and profit growth in the third quarter, citing a pick-up in discretionary spending by customers.
Computerworld News
Gadget Maker PCH International’s 2011 FY Results: Revenue Up 72% To $720M, Driven By Smartphone, Tablet Demand
Posted by Gsurface
on October 19, 2012
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Chinese manufacturing company PCH International has announced its 2011 full year results — reporting a big rise in revenue and record profits off the back of strong demand for smartphones, tablets and ereaders which the company designs and makes in partnership with PC makers and consumer electronics brands.
TechCrunch
Google’s Q3 2012 earnings: $14.10 billion in revenue, $2.74 billion in operating income
Posted by Gsurface
on October 18, 2012
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In an apparent error, Google’s Q3 2012 earnings have gone live smack dab in the middle of the trading day, instead of after the closing bell as expected. Early indications are that the search giant has notched third quarter revenues of $ 14.10 billion, representing a 45 percent uptick compared to Q3 2011. GAAP operating income in the third quarter of 2012 was $ 2.74 billion, or 19 percent of revenues, and that would explain the near 10 percent slide in the company’s stock price. A year ago Google nailed down $ 3.06 billion, or 31 percent of revenues, when looking at operating profit; investors were expecting some $ 10.65 per share, while they got just $ 9.03 per share. When looking at net income, Q3 2012 saw that figure at $ 2.18 billion, whereas the company raked in $ 2.73 billion in the same quarter a year ago. Presently, trading has been halted on the company’s stock as the dust settles, but one thing is exceptionally clear: pulling in billions in a single quarter won’t go over well with Wall Street if its expectations see you pulling in even more.
Google’s Q3 2012 earnings: $ 14.10 billion in revenue, $ 2.74 billion in operating income originally appeared on Engadget on Thu, 18 Oct 2012 12:57:00 EDT. Please see our terms for use of feeds.
Distimo Launches Daily App Leaderboard & AppIQ Service To Offer Competitive Data On App Downloads, Revenue, Rankings & More
Posted by Gsurface
on October 18, 2012
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App store analytics firm Distimo is rebranding its cross-platform app tracking service known as Distimo Monitor to Distimo Analytics today, and is adding a new data service for mobile app developers and investors called AppIQ. While the main analytics offering will allow developers to track their own apps for free, AppIQ will provide additional competitive information on a subscription basis. This includes the ability to track and compare app downloads with competitors, tools to analyze revenues (including in-app purchases) among competing apps, and a Leaderboard which shows the daily rankings of all applications.
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