Tag Archives: profits
Accroding to report from Bloomberg, Taiwanese company HTC, made just $34 million in net income in quarter 4 2012. quarter 4 2012′s net income is the lowest income company made since the 2004. Company’s finances were actually slightly better than analysts expected, but $99 million drop from the Q3, and $322 million drop from year-over-year is not very pretty to watch. Even Taiwanese company released multiple flagship models(DROID DNA and Windows Phone 8X) they couldn’t make the best out of it. Need to remember too that these releases were in the middle of the quarter and so didn’t fully impact to the final result. HTC’s CEO Peter Chou though believes that “the worst for HTC has probably passed,” adding that the company will increase marketing budget considerably in effort to compete with Samsung.
ASUS (2357) announces it’s Q3 earnings, and the company makes $230 million in profits. Company’s total earnings in Q3 2012 are 6.71 billion New Taiwan dollars ($230 million) in net income on 111.43 billion New Taiwan dollars ($3.8 billion) in revenue. That’s 9% increase in revenue from it’s last year Q3 earnings and 43% increase in net income over the same period.
Company’s like Dell and HP, both PC makers but both are struggling, so ASUS earnings seems nice. ASUS netbook sales are dropping, but it’s notebooks and components are growing, and tablet shipments have increased dramatically, from 800,000 in the Q2 to 2.3 million in Q3, biggest reason for the dramatic increase of tablet shipments is highly popular Nexus 7 tablet.
Samsung (005930) has announced it’s Q3 profits, posting $7.4 billion in operating profits for Q3 and $5.97 billion in net income. $7.4 billion profits is nearly doubled from last years Q3 profits. Reason for the almost doubling it’s profits were Galaxy S3 and it’s huge sales numbers. Samsung also gained “industry leading profitability” in the TV-market, after company’s consumer electronics sales boosted profits a fair deal. It’s pretty impressive that Samsung can grow in almost all markets it enters or has entered already.
Good news for Samsung. After seeing RIM, HTC and Nokia struggle, Samsung comes out with record $5.9 billion profits. Samsung has previously already taken number 1 position in worlds top mobile phone vendor. Samsung’s $5.9 record profits in second quarter 2012 is more than 79% last year same time. Instead of being happy some analysts remain unhappy, they projected that quarterly sales would be 6% higher than the estimated $41 billion. Samsung also predicts that sales of Samsung Galaxy S3 would sell at least 10 million unit this month alone.
Nokia announced their quarterly profits, in this case losses. They made $1.7 billion losses in Q1 even they had $9.7 billion in sales coming down from $13.6 billion in last year. They have also said that there not going to be profits next quarter even they are going to invest more in Asia.
Theres been a lot of talking about letting Stephen Elop go but Nokia board gave him time to make Nokia more profitable, and he need to make the difference in early 2013. If he doesn’t succeed in this case Nokia board is willing to let him go. Nokia head of sales Colin Giles resigned today as Nokia is trying to restructure the company’s sales organization.
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