Handheld games consoles like the Nintendo 3DS and the Sony PlayStation Vita have long been suffering at the hands of smartphones and tablets. But the latest data from IDC and App Annie should give handheld game developers â€” including Nintendo â€” something to really think about.
While consumer spending on Android and iOS continued to rise during the first quarter of 2013, it fell considerably on handhelds.
Spending on Android and iOS [Read More...]
Apple has released its financial results for the second fiscal quarter of 2013. The Cupertino company reportedÂ $ 43.6 billion in revenue and a net profit of $ 9.5 billion. That translates to earnings ofÂ $ 10.09 per diluted share.
Wall Street has been incredibly pessimistic towards Apple in recent months, but today’s results for revenue managed to surpass even the more bullish claims. Apple’s estimates for the next quarter are even more conservative [Read More...]
Thanks to the increasing popularity of Google’s Android platform, Google Play revenue increased more than sixfold during 2012. The boost has helped the search giant gain ground on Apple’s App Store, but it still has a lot of work to do. Despite that growth, the App Store still rakes in 3.5 times more cash than Google Play does.
That’s according to a new report from research group App Annie, which monitors Google [Read More...]
Samsung has today announced its financial results for the fourth quarter of 2012, which slightly exceed the estimations that were set by the Korean company earlier this month. It recorded an operating profit of 8.84 trillion won (approx. $ 8.27 billion) during the three-month period, on 56.06 trillion won (approx. $ 54.45 billion) in revenue. That’s a 10% increase in profit over the previous quarter, and a whopping 89.3% increase in profit over the fourth [Read More...]
Good, but not gangbuster.
Apple has just announced it’s best quarter EVER, but the stock is taking a pounding on Wall Street.
Apple announced earnings for the first fiscal quarter of 2013: $ 54.5 billion and a net profit of $ 13.1 billion. But the stock is down more than 4% in after-hours trading because Wall Street is worried that Apple’s phenomenal growth is slowing. Don’t you love how [Read More...]
Google just announced its earnings for Q4 2012, and guess what? They made a ton of money. We’re shocked.
Actually, Q4 2012 was really great for Google. The company earned $ 14.4 billion in revenue, which is 36% better than what they did last year. While we tend to think of Google as an American company, only $ 5.99 billion of that revenue came from the U.S. while the rest was made in international markets.
Apple’s App Store has been the undisputed revenue king since its inception, however, its once enormous lead is now quickly shrinking. That leading edge over Android is an argument that’s becoming moot as the Play’s revenue continues to grow at a ravenous rate. According to App Annie, an industry leader in app store analytics and marketing, Google Play’s revenues have skyrocketed 311% in the last year, compared to the App Store’s more [Read More...]
Fist pump, dude!
Apple just announced its earnings for the fourth quarter of 2012 ahead of its conferenced call in 30 minutes. The company has reported $ 36 billion in revenue and $ 8.2 billion in profit. 29.9 million iPhones 14 million iPads and 4.9 million MacsÂ were sold.
Apple expected to earn $ 34 billion in revenue, so it beat its own estimate met Wall Street’s average estimate of $ 35-$ 36 [Read More...]
John Browett joined Apple back in April as the successor to Ron Johnson.
Apple’s retail division has come under fire recently regarding staffing cutbacks and layoffs. Earlier this month, Apple’s newly-appointed head of retail, John Browett, admitted that he “messed up” with the new staffing formula, and that things would go back to normal for retail employees.
According to a new report, Apple’s retail stores are still suffering from new policies that have [Read More...]
Apple just released the numbers for its 2012 third quarter earnings. The company made $ 35.0 billion in revenue and a quarterly net profit of $ 8.8 billion, up from revenue of $ 28.6 billion and a net profit of $ 7.3 billion last quarter. Apple sold 26 million iPhones, 17 million iPads, 6.8 million iPods, and 4 million Macs in Q3. A cash dividend of $ 2.65 per share for investors has been announced and [Read More...]