Posts tagged profit


The Sony Xperia Z may be struggling to compete with the Galaxy S4 in many markets, but in Japan, it’s a big seller, and its popularity has helped Sony’s smartphone sales grow. The Japanese company today revealed its fiscal Q1 2013 earnings, which include 9.6 million smartphone shipments — up from 7.4 million in Q1 2012.


Despite currently offering what is arguably the best Android handset ever produced, things are going from bad to worse for HTC. The Taiwanese company’s profits have been heading the wrong way for a number of years, and in Q3, it expects to see its first operating loss since going public in 2002.


HTC has today announced its unaudited financial results for the second quarter of 2013, and despite help from the widely-praised HTC One, they do not look good. The Taiwanese firm made just NT$1.25 billion ($41 million) after tax from NT$70.7 billion ($2.35 billion) revenue, which is a staggering 83% fall from the same quarter last year.


Samsung’s Galaxy S4 was always going to be a big seller — probably the best-selling Android smartphone of 2013 — but the Korean company has lost $12 billion in market value due to concerns that the two Galaxy S4 variants that were recently announced will have a detrimental affect on its profit margins.

Brokers are also concerned that the growth prospects for Samsung smartphone business have “dimmed” following rumors of a new iPhone trade-in program from Apple.


Yesterday Google’s stock closed just above $861 per-share, a huge benchmark for Google as it marks an all-time high for the search giant.

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