q1 2017

Samsung’s Q1 Profit Boost Credited to Components, Not Smartphones

Samsung has just announced its first quarter financial results, posting 48% year-on-year operating profit jump to approximately $8.7 billion, making it its second most profitable quarter ever, and its most profit Q1 in history, TechCrunch is reporting. The South Korean company, which is best known for its consumer electronics and smartphones, however said that its strong performance was mainly driven...

Apple Stock Price Surges 5% in Response to Record Q1 Earnings

Apple reported earnings for the quarter ended December 31, 2016 yesterday - and the numbers were huge. The iPhone-maker pulled in $78.4 billion USD in revenue for the period (compared to $75.9 billion USD last year), which set an all-time record for quarterly revenue. But, as ever, the most interesting points lie below the top line. Since the...