Quarterly Profits

Apple Continues to Tower Over Other Tech Companies in Quarterly Revenues

A bar-chart of the latest quarterly financial results shows how Apple is continuing to tower over other tech companies, leading in both turnover and profits, while other companies are changing places. ZDNet points out that IBM, a company that used to rule the IT world, no longer dwarfs other tech companies. In fact, it has now fallen behind...

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...

Samsung’s Profits Fall to its Lowest Level in Three Years

Samsung has seen its quarterly operating profit fall to its lowest level in more than three years because of poor smartphone sales. According to BBC News, the Korean company's profit fell 60% to $3.8bn in the three months to September, in line with firm’s preliminary estimates released earlier. Samsung’s shares have also lost nearly 20% of their value...