Financial Results
Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the company in some fashion, with Intel planning to cut spending on R&D, marketing, administration, and capital expenditures. The most significant of these savings will come from a planned 15% reduction in force, which will see Intel lay off 15,000 employees over the next several months – thought to be one of Intel’s biggest layoffs ever. In an email to Intel’s staff, which was simultaneously published to Intel’s website, company CEO...
Intel Q2 FY 2019 Earnings Report: Datacenter Drop
Intel announced their earnings for the second quarter of their 2019 fiscal year. Overall, revenue dropped 3% year-over-year to $16.5 billion, with gross margins still below the 60% that...
16 by Brett Howse on 7/26/2019
NVIDIA Q1 FY 2020 Earnings Report: Post-Crypto Reset
This week NVIDIA announced their earnings for the first quarter of their 2020 fiscal year, and although the crash in crypto-currency has been a boom for gamers wanting to...
31 by Brett Howse on 5/17/2019
AMD Q1 FY 2019 Earnings Report: Revenue Down But Margins Up
Today AMD announced their Q1 FY 2019 earnings. Revenues were down 23% year-over-year, coming in at $1.27 billion. Gross margin for the quarter was 41%, up 5% from a...
17 by Brett Howse on 4/30/2019
Apple Q2 FY 2019 Earnings Report: iPhone Struggles But iPad And Services Expand
Today Apple announced their earnings for the second quarter of their 2019 fiscal year. Revenue was down 5.1% to $58.0 billion this quarter. Gross margin for the quarter was...
23 by Brett Howse on 4/30/2019
Intel Reports Q1 FY 2019 Results: Revenue Flat, PCs Up, Servers Down
This afternoon, Intel announced their earnings for Q1 of their 2019 fiscal year. Revenue for the first quarter came in at $16.1 billion, which is flat compared to Q1...
18 by Brett Howse on 4/25/2019
NVIDIA Earnings Report Q4 2019: Crypto Pain But Full Year Gain
This afternoon, NVIDIA announced their earnings for the fourth quarter of their 2019 fiscal year, which ended January 27. As expected, revenues were sharply hit by the crash of...
31 by Brett Howse on 2/14/2019
AMD Earnings Report, Q4 FY 2018: Closing On A Profitable 2018
AMD announced their fourth quarter earnings for their 2018 fiscal year today, and the company has continued its upward trajectory, with revenue gains of 6% year-over-year to $1.42 billion...
16 by Brett Howse on 1/29/2019
Apple Earnings Report, Q1 FY 2019: Strong Margins, Weakening Revenue
Today Apple announced their first quarter earnings for their 2019 fiscal year, and with the fortunes of the company so tied to the iPhone in a stumbling smartphone market...
10 by Brett Howse on 1/29/2019
AMD Set to Be Added to NASDAQ 100 Index
AMD on Thursday announced that it would be added to the NASDAQ 100 index of non-financial companies next week. The chip company will be added to the list due...
16 by Anton Shilov on 12/20/2018
NVIDIA Announces Q3 FY 2019 Results: Lots Of Stock
This afternoon, NVIDIA announced their earnings for the third quarter of their 2019 fiscal year. Revenue was up 21% year-over-year to $3.181 billion. NVIDIA had margins this quarter of...
19 by Brett Howse on 11/15/2018
Apple Announces Q4 FY 2018 Earnings: Revenue Up, Sales Not
This afternoon Apple announced their earnings for the fourth quarter of their 2018 fiscal year, and in what can only be described as a very Apple-esque quarter, revenue was...
31 by Brett Howse on 11/1/2018
Intel Announces Q3 FY 2018 Earnings: Record Quarter
This afternoon, Intel announced their earnings for the third quarter of their 2018 fiscal year. Revenue was at a record level compared to any previous quarter, coming in at...
36 by Brett Howse on 10/25/2018
AMD Announces Q3 FY 2018 Earnings: Improving Margins, But Dogged By Crypto Decline
This afternoon, AMD announced their third quarter earnings for the 2018 fiscal year, and while there are a couple of issues they’ll have to work through, this quarter was...
50 by Brett Howse on 10/24/2018
NVIDIA Announces Q2 FY 2019 Results: Record Revenue
This afternoon NVIDIA announced their earnings for the second quarter of their 2019 fiscal year. As has been the trend over the last couple of years, NVIDIA continues to...
15 by Brett Howse on 8/16/2018
Apple’s Market Cap Hits $1 Trillion
A day after posting strong results for the third quarter of fiscal 2018, Apple has become the world’s first publicly traded company with a market capitalization of over $1...
20 by Anton Shilov on 8/2/2018
Apple Announces Q3 FY 2018 Results
This afternoon, Apple announced their earnings for the third quarter of the 2018 fiscal year, and as we’ve all come to expect, they did very well again. Revenue for...
34 by Brett Howse on 7/31/2018
Intel Announces Q2 2018 Results: Setting More Records
All across the hardware industry 2018 is shaping up to be a banner year for earnings, and the 800lb gorilla that is Intel is no exception. Reporting their Q2’2018...
27 by Ryan Smith on 7/27/2018
AMD Announces Q2 2018 Results: Best Quarter In Seven Years
What a difference a year makes. Yesterday afternoon AMD announced their second quarter results for their fiscal year 2018, and the news is nothing short of stunning, with AMD...
13 by Ryan Smith on 7/26/2018
NVIDIA Announces Record Q1 FY 2019 Results
In what seems like a never-ending trend, NVIDIA today announced record results for their first quarter of their 2019 fiscal year. NVIDIA had revenue of $3.21 billion for the...
15 by Brett Howse on 5/10/2018
Apple Announces Q2 FY 2018 Results: Another Record Quarter
This afternoon, Apple announced their earnings for the second quarter of their 2018 fiscal year, and the company has set a new revenue record for the quarter with $61.1...
27 by Brett Howse on 5/1/2018
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