HTC’s 2011 Q4: good summer, bad winter
HTC’s big 2011 was limited to those warm summer months, when everyone wanted a smartphone for the beach. Now the accountants have confirmed HTC’s initial statement : fourth quarter revenues were down 2.49 percent (year on year).
Read more here:
HTC’s 2011 Q4: good summer, bad winter
Panasonic 2012 Q3: $9 billion loss, Sanyo writedowns, restructuring
Panasonic’s released its 2012 quarterly report (its financial year runs from summer to summer) and concedes it’s been as bad for them as it was for Sony and Sharp . It’s blaming the Japanese Earthquake for damaging its supply chain, a strong yen for keeping prices high, plus having to write-down the costs for its acquisition of Sanyo .
Read More:
Panasonic 2012 Q3: $9 billion loss, Sanyo writedowns, restructuring
Sony’s Q3 earnings are in: wider than expected full year loss, lowered sales projections
Sony already revealed Kazuo Hirai will take over for Howard Stringer as CEO and President April 1st last night, and with the big shocker out of the way it’s time for the fiscal Q3 reports.
Excerpt from:
Sony’s Q3 earnings are in: wider than expected full year loss, lowered sales projections
Sharp struggles with TV competition, Q3 2011 results reveal 86 percent drop in profit
It’s pretty tough out there for TV manufacturers. Sharp ‘s reporting its financial results for April-December last year, announcing a profit of 9.14 billion yen ($120 million), a drop of 57.37 billion yen since the same period in 2010. Despite announcing a whole gang of new displays for the year, Sharp has cut its profit forecast correspondingly, down to zero for March 2012.
More:
Sharp struggles with TV competition, Q3 2011 results reveal 86 percent drop in profit
LG finally shows a profit from cellphones, record high flat-panel shipments in Q4 earnings
LG has revealed its earnings statements for the fourth quarter of 2011 and the full year, and it managed to notch an operating profit of 23 billion won ($20.5 million), boosted by a 10 billion won operating profit in its handset division. That was despite lower sales compared to the previous quarter (17.7 million compared to 21.1 million), with higher sales of its new Optimus LTE and lower sales of less profitable dumbphones
More:
LG finally shows a profit from cellphones, record high flat-panel shipments in Q4 earnings
Amazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent
Amazon’s just announced its earnings for the fourth quarter of the year, and it’s a bit of a mixed bag. While net sales were up 35 percent year-over-year to $17.43 billion, net income dropped a hefty 58 percent to $177 million, or 38 cents a share — that’s off analysts’ expectations, who were looking for sales in the neighborhood of $18.3 billion and earnings of 17 cents a share
Originally posted here:
Amazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent
Toshiba announces Q3 earnings: revenues down, posts $139 million loss
The economy may be starting to look up, but that doesn’t mean the suffering is over. Toshiba is just the latest company to announce that it had a rough quarter to close out the calendar year 2011. The quarter ending December 31st of 2011, saw the company pull in $18.5 billion in revenue — nine percent less than it did over the same time period last year
Read the article:
Toshiba announces Q3 earnings: revenues down, posts $139 million loss
Toshiba announces Q3 earnings: revenues down, posts $136 million loss
The economy may be starting to look up, but that doesn’t mean the suffering is over. Toshiba is just the latest company to announce that it had a rough quarter to close out the calendar year 2011. The quarter ending December 31st of 2011, saw the company pull in $18.5 billion in revenue — nine percent less than it did over the same time period last year.
Read More:
Toshiba announces Q3 earnings: revenues down, posts $136 million loss
Sky will launch an internet based TV service in the UK in the first half of 2012
UK pay TV service Sky has just announced its quarterly results, and despite adding 100,000 subscribers as well as notching its “highest ever first-half adjusted operating profit” it will launch a new internet TV service, available to anyone in the country with a broadband connection.
See the original post:
Sky will launch an internet based TV service in the UK in the first half of 2012
Canon announces middling Q4 2011 earnings report, president steps down
In the wake of a relatively strong Q3 , Canon today unveiled a slightly less rosy earnings report for the fourth quarter of 2011. Net sales for the quarter reached ¥964.8 billion (about $12.6 billion), up from the ¥916 billion the company reported last quarter, but down about 9.7 percent from Q4 2010
See original article:
Canon announces middling Q4 2011 earnings report, president steps down