Posts tagged earnings

The cause of many of Samsung's problems.

The cause of many of Samsung’s problems.

If there’s one area Samsung would dearly love to copy Apple it’s not smartwatches or tablets or store design or even smartphones — but profits.

Despite protesting earlier reports that the Galaxy S6 was proving to be a gigantic sales disaster for the stumbling South Korean tech giant, Samsung’s forecast operating profits released today show not only 8.4 percent fewer sales and a 4 percent earnings decrease from this time last year, but the company’s 7th consecutive quarterly earnings decrease in a row.

Someone’s in a Galaxy of trouble right now!

It's not a good time to be Samsung.

It’s not a good time to be Samsung.

Things are looking far from rosy in Samsung-land. According to a Re/code report on Tuesday, the company’s third-quarter earnings are set to fall below market expectations — thanks to falling TV prices, decreased display shipments, and more competition than ever in the smartphone sector.

Although Samsung smartphones actually increased in number in terms of shipments, the operating margin was lower as the result of higher marketing costs, less demand for high-end phones, and a lower average selling price for handsets.


HTC today posted its second loss in three quarters in another dismal earnings report, but things are beginning to look up for the Taiwanese company. Its new One M8 smartphone helped increase sales in March, and HTC has projected a profit for next quarter.


Google stock has risen 13% today, surpassing $1,000 for the first time ever. It comes a day after the search giant announced its earnings for last quarter, which beat Wall Street expectations thanks to a surge in mobile and video advertising that helped increase quarterly revenue by 23%.


Google has released an official AdSense app for Android and iOS, allowing AdSense users to keep track of their earnings on the go. You can keep an eye on your latest earnings for the day, see what you earned yesterday, and view your earnings for the month so far — plus lots more.

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