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...
Apple Reports Q1 FY 2016 Results: Record Revenue Despite Flat iPhone Sales
Today Apple announced their quarter 1 earnings, and once again Apple had record revenue of $75.9 billion, and a record quarterly profit of $18.4 billion. Revenue is up 2%...
18 by Brett Howse on 1/26/2016
AMD Reports Q4 2015 Results And FY 2015 Earnings
Today AMD released their quarterly earnings for Q4 of Fiscal Year 2015. AMD continues to struggle financially, and for Q4 they had revenues of $958 million, down 10% from...
69 by Brett Howse on 1/19/2016
Intel Reports Q4 FY 2015 Results: Record Revenue For Q4
Today Intel announced their earnings for the fourth quarter of fiscal year 2015. The year ended strong, with record revenues of $14.9 billion. This is up 1% of Q4...
20 by Brett Howse on 1/14/2016
NVIDIA Announces Record Revenue for Q3 FY 2016
Today NVIDIA announced their earnings for the third quarter of their fiscal year 2016 (yes their fiscal year is almost a full year ahead of calendar) and the company...
49 by Brett Howse on 11/5/2015
Apple FY 2015 Q4 Results: Record Fourth Quarter With 48 Million iPhones Sold
Today Apple released their Q4 results from fiscal year 2015, and in what seems like an almost unending cycle, the company has once again set a new record for...
44 by Brett Howse on 10/27/2015
Microsoft FY 2016 Q1 Results: Cloud Growth And PC Slowdown
Today Microsoft released their earnings from the first quarter of fiscal year 2016. Revenue fell 12% year-over-year to $20.4 billion for the quarter, driven by a 17% decline in...
37 by Brett Howse on 10/22/2015
AMD Announces FY 2015 Q3 Results: Decreased Computing And Graphics Sales Hurt Bottom Line
Today AMD has announced their third quarter earnings for fiscal year 2015. AMD saw a 13% increase in revenue over Q2 2015, but revenues were down almost 26% over...
78 by Brett Howse on 10/15/2015
Intel Announces FY 2015 Q3 Results: Strong Earnings Despite Client Computing Drop
Intel released their third quarter earnings for fiscal year 2015 today, and it was certainly a rocky quarter. Their revenue for the quarter was $14.5 billion, which was in-line...
23 by Brett Howse on 10/13/2015
NVIDIA FY 2016 Q2 Results: GPU Sales Are Strong But Write Downs Hurt Bottom Line
Today NVIDIA released its quarterly results for the second quarter of their fiscal year 2016 (yes, 2016) and they had excellent sales of their GeForce GPUs, but have decided...
55 by Brett Howse on 8/7/2015
Qualcomm Announces Major Workforce Restructuring With Q3 FY 2015 Results
At one point, it seemed like Qualcomm would become the ARM equivalent to Intel in the x86 space. Their Snapdragon processors, equipped with industry leading cellular technology, powered a...
36 by Brett Howse on 7/22/2015
Apple Reports Q3 FY 2015 Results: Record Results With Strong iPhone And Mac Sales
Today Apple released their earnings for Q3 of fiscal year 2015, which ended June 27th. In what seems to be a never-ending sequence of records, once again, Apple posted...
83 by Brett Howse on 7/21/2015
Microsoft Reports FY 2015 And Q4 Results: Nokia Write Down Results In $3.2B Loss For Q4
Microsoft released their earnings report for Q4 of fiscal year 2015. The numbers certainly reflect the massive write down of the Nokia acquisition that CEO Satya Nadella announced earlier...
17 by Brett Howse on 7/21/2015
AMD Posts Q2 2015 Results: Revenue Falls Once More
As financial week rolls along this week, today AMD announced their second quarter 2015 financial results. Earlier this month ahead of today’s announcement the company issued a warning for...
125 by Ryan Smith on 7/16/2015
Intel Announces Fiscal Year 2015 Quarter Two Results
Today Intel announced their second quarter earnings, which came in at $13.2 billion. This is down 5% from Q2 2014, but was in-line with Intel’s forecast. It actually beat...
15 by Brett Howse on 7/15/2015
AMD Confirms 20nm Products Moved to FinFET, Warns on Q2’15 Earnings
A little bit ago AMD sent out an announcement updating their official outlook for the second quarter of 2015. Though we don’t typically publish financial projections, the long and...
62 by Ryan Smith on 7/6/2015
NVIDIA Announces FY 2016 Q1 Financial Results
Today NVIDIA released their earnings for quarter one of their 2016 fiscal year (and no, that’s not a typo, NVIDIA is almost a full calendar year ahead with their...
43 by Brett Howse on 5/7/2015
Apple Releases FY 2015 Q2 Earnings Results: Strong Growth In China Fuel Large Sales
Today Apple announced their earnings for their second quarter for fiscal year 2015. Once again, iPhone dominated their revenue stream, with 40% more units sold and 55% more revenue...
67 by Brett Howse on 4/27/2015
Microsoft Releases FY 2015 Q3 Financial Results
Yesterday (apologies for the delay I was in travel status when the results came out) Microsoft announced their Q3 results for fiscal year 2015, and revenue was up 6%...
9 by Brett Howse on 4/24/2015
Qualcomm Reports FY 2015 Q2 Results: Strong Q2 But Lower Forecast For 2015
Qualcomm released their Q2 financial results today, and they had another strong quarter. Revenues increased 8% from Q2 2014, coming in at $6.9 billion. On a GAAP basis, operating...
9 by Brett Howse on 4/22/2015
AMD Posts Q1 2015 Results: $180 Million Net Loss
Today AMD released their Q1 FY 2015 financial results, and the company reported revenue of $1.03 billion for the quarter. This is a 16.9% decrease as compared to Q4...
140 by Brett Howse on 4/16/2015
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