Dell reports Q3 earnings, enterprise division rakes in record $4.7 billion
Dell’s PC business may be on the decline, in fact its consumer division saw revenues drop 6 percent, but its business business is making up for it. The company’s enterprise solutions and services unit took in a record $4.7 billion in revenue this quarter, a jump of 8 percent over the same time last year. The same department also saw operating income climb 12 percent in the same period. All told, Dell took in $15.4 billion in the third quarter, which is about the same as a year or go — give or take a few million bucks. However profits were up 12 percent over last year to $983 million. So while there doesn’t seem to be a huge influx of new cash coming in, it does appear that Dell is managing what it has just fine. Check out the full report after the break.
Continue reading Dell reports Q3 earnings, enterprise division rakes in record $4.7 billion
Dell reports Q3 earnings, enterprise division rakes in record $4.7 billion originally appeared on Engadget on Tue, 15 Nov 2011 16:30:00 EDT. Please see our terms for use of feeds.
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Gartner’s Q3 2011 smartphone figures: Samsung on top globally, Android tops 50 percent share
Yahtzee! Now that Canalys, IDC and Strategy Analytics have had their turn, it’s Gartner’s go to serve up its summary of the smartphone world as seen in Q3 2011. Perhaps unsurprisingly, the headlines aren’t changing much, with Samsung becoming the number one smartphone manufacturer worldwide with sales reaching 24 million, and Android’s quarterly market share inching over 50 percent to best iOS, BlackBerry OS, etc. We also (re)learned that Apple shipped 17 million iPhones in the quarter, which represents an annual uptick of 21 percent, but a 3 percent drop from Q2 2011 due to the looming iPhone 4S release; predictably, Gartner’s predicting that Apple’s Q4 2011 will be its strongest yet with the 4S on the market. Breaking the operating system share a bit, we found that Symbian is (strangely) still being included, and that Android managed to soar from 25.3 percent in Q3 2010 to 52.5 percent today. iOS actually lost a bit of ground (16.6 percent a year ago compared to 15 percent today), but in fairness, so did BlackBerry OS and Bada. Curious about Microsoft? It’s claiming just 1.5 percent of the worldwide pie, a fairly precipitous drop from the 2.7 percent it had a year ago. Far more fun facts and figures await you after the break.
Gartner’s Q3 2011 smartphone figures: Samsung on top globally, Android tops 50 percent share originally appeared on Engadget on Tue, 15 Nov 2011 08:10:00 EDT. Please see our terms for use of feeds.
Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers
It’s safe to say that Q3 2011 probably won’t be remembered as Cablevision‘s finest. According to the provider’s latest earnings report, profits declined by a full 65 percent over the year, with net income plunging to $39.3 million this quarter, compared with the $112.1 million it raked in during the third quarter of 2010. The company also reported a loss of 19,000 video subscribers during Q3, though it added 17,000 broadband customers and 38,000 telephone subscribers. Total customers, however, declined by 15,000 over the past three months. Revenue, meanwhile, increased by eight percent to $1.7 billion, though the New York-area operator lost about $16 million to Hurricane Irene — not to mention all those legal fees. Smell that? That’s a big platter of PR, sitting right there after the break.
Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers originally appeared on Engadget on Mon, 31 Oct 2011 07:01:00 EDT. Please see our terms for use of feeds.
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Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories
Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories originally appeared on Engadget on Mon, 31 Oct 2011 05:26:00 EDT. Please see our terms for use of feeds.
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HTC releases Q3 earnings report: profit up 68 percent, shipments soar 93 percent
HTC releases Q3 earnings report: profit up 68 percent, shipments soar 93 percent originally appeared on Engadget on Mon, 31 Oct 2011 04:39:00 EDT. Please see our terms for use of feeds.
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IDC: Samsung, ZTE see jump in mobile shipments, Apple slides to fifth place
On the company level, both Samsung and ZTE came away as the biggest winners this quarter; Sammy’s shipments increased by 23 percent over the year, good for second place, while ZTE’s shot up by a whopping 57.9 percent, launching the company into fourth place. Apple, meanwhile, saw 26.2 percent growth in its shipments and a slight bump in market share, but still couldn’t avoid getting leapfrogged by ZTE and dropping down to fifth place. And then there’s LG, which had by far the worst quarter, relative to Q3 2010. The manufacturer saw shipments decline by nearly 26 percent over the year, while its market share slipped to 5.4 percent. All these horses, however, are still chasing Nokia, which saw a small drop in shipments, but managed to hang on to the top spot, with over 106 million shipments during the quarter — good for 27 percent of the market. For more numbers and insight, check out the full PR after the break.
Continue reading IDC: Samsung, ZTE see jump in mobile shipments, Apple slides to fifth place
IDC: Samsung, ZTE see jump in mobile shipments, Apple slides to fifth place originally appeared on Engadget on Fri, 28 Oct 2011 21:44:00 EDT. Please see our terms for use of feeds.
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Samsung’s Q3 2011 overall profit falls despite incredible phone sales
Ready for more dollars and cents earnings news? It’s Samsung’s turn, and when it comes to phones the news couldn’t be better, where it notched an operating profit of $2.3 billion on record sales. Unfortunately, other parts of its massive business selling displays, memory chips, appliances, and more weren’t as profitable, leading a quarterly profit of $3.8 billion, down 13% from the same period last year. We’ll wait for a press release in English for more details, for now you can paw through bar graphs and figures in the accompanying slides.
Update: Now with English language press release included after the break.
Continue reading Samsung’s Q3 2011 overall profit falls despite incredible phone sales
Filed under: Cellphones, HDTV
Samsung’s Q3 2011 overall profit falls despite incredible phone sales originally appeared on Engadget on Thu, 27 Oct 2011 21:57:00 EDT. Please see our terms for use of feeds.
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AMD reports $1.69 billion in revenue for Q3, net income of $97 million
Things were starting to look pretty bleak in Q2 for AMD, but Q3 is an entirely different story. The company reported a revenue of $1.69 billion, up 7-percent from last quarter. More importantly, net income climbed to $97 million, up from just $61 million in Q2 and a far cry from the $118 million loss posted this time last year. Even the graphics division had good news to share. After the former ATI ran at an operating loss of $7 million last quarter, it netted $12 million in operating income in Q2. We wouldn’t exactly call this the second coming of the CPU underdog, but it certainly should make fans and investors sleep a little better at night. Check out the complete PR after the break.
Continue reading AMD reports $1.69 billion in revenue for Q3, net income of $97 million
AMD reports $1.69 billion in revenue for Q3, net income of $97 million originally appeared on Engadget on Thu, 27 Oct 2011 17:39:00 EDT. Please see our terms for use of feeds.
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Redbox’s $1 per night DVD rentals jump to $1.20 October 31st, Blu-ray and games stay the same
While its movie rental rivals Netflix and Blockbuster have struggled for varying reasons recently, it seemed like Redbox could be just the ticket for thrifty renters. That may be tougher now that it has announced Monday we’ll see a slight increase in pricing for DVD rentals, from $1 to $1.20, citing increased debit card fees. So far, nightly pricing for Blu-ray discs ($1.50) and videogames ($2) is staying the same, but with studios already pushing for longer rental delays, there’s fewer safe ports or those pursuing cheap, current movies. On the conference call, executives floated the idea of using the first sale doctrine to buy and rent retail discs if necessary. Overall, as seen above Redbox’s share of the disc rental market rose last quarter, while there’s still no word on plans to jump into online streaming.
Check below for parent company Coinstar’s full Q3 earnings report plus a FAQ that helpfully points out this is Redbox’s first increase in eight years and that discs reserved online will still be just $1 for the first night through November. The actual email customers are receiving is included after the break.
[Thanks to everyone who sent this in]
Redbox’s $1 per night DVD rentals jump to $1.20 October 31st, Blu-ray and games stay the same originally appeared on Engadget on Thu, 27 Oct 2011 17:21:00 EDT. Please see our terms for use of feeds.
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Nintendo posts first half loss in earnings report, slashes forecast yet again
Nintendo posts first half loss in earnings report, slashes forecast yet again originally appeared on Engadget on Thu, 27 Oct 2011 04:28:00 EDT. Please see our terms for use of feeds.
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