Tag Archives: earnings

LG is expected to unveil its high-end V30 phone later this month during the IFA tech show, but it may look a little different than past generations. Most notably, the V30 is reported to lose the V series’ unique second screen for some sort of “floating bar,” according to Android Authority. The V series is LG’s …

Apple’s next iPhone may arrive on time after all.  Maybe.  Going into Tuesday’s earnings report, most expected Apple to delay the launch of its next flagship iPhone, with rumors calling for an October release date, if not later. But the normally conservative Apple surprised everyone by offering a cheery forecast for the current quarter, with revenue ranging from $49 billion …

A tighter crackdown on VPN apps in China forced Apple to remove the software from its China App Store over the weekend, CEO Tim Cook said Tuesday during the company’s earnings call with analysts. On Saturday, Apple began informing creators of such apps that their VPN apps had been removed because they included “content that is illegal in China, which …

Now playing: Watch this: iPhone, iPad and Mac sales are all up before iPhone 8 1:15 Apple sold a boatload of iPhones during what tends to be the quiet quarter for the company. Sarah Tew/CNET Spring and summer marks a time to hit the beach, catch a baseball game and generally get outside to take advantage of the nice weather.  …

Now playing: Watch this: Is this the Galaxy Note 8? 1:15 The Samsung Galaxy Note 8: bigger, better… longer?  VentureBeat’s Evan Blass, who has a long history of accurate leaks, on Tuesday tweeted a picture of what he claims is the Galaxy Note 8, a full three weeks before Samsung is set to officially reveal the device.  Samsung Galaxy Note8 …

Verizon customers are pumped about unlimited data. On Thursday, the nation’s largest wireless company reported it has recovered from its first-ever net loss of wireless customers and is adding customers once again, thanks in large part to bringing back its unlimited data plan. The company reported a net increase of 614,000 retail postpaid wireless connections for the second quarter, which …

LG is disappointed. Sales for its flagship G6 smartphone are less than stellar. The electronics company announced its second-quarter earnings Thursday, saying the quarter was a “challenging” one for its mobile business. LG said that even though mobile had revenues of $2.39 billion, it had an operating loss of $117 million. That means growth for mobile has stayed stagnant over …

History has repeated itself for Amazon. Following a series of strong quarterly results, the company has yet again shrugged off Wall Street’s expectations and posted an unexpectedly low profit. The clear culprit was — yet again — Amazon’s penchant for shoveling billions more dollars into its businesses to amp up their growth. In its earnings report Thursday, the company said …

Samsung on Thursday posted its latest earnings, and the news is very good: Overall, the company’s net profit hit 11.05 trillion South Korean won over the last quarter. (That’s about $9.95 billion.) According to The Wall Street Journal, that’s 89 percent up over where Samsung’s earnings were a year ago. And the Galaxy Note 8 isn’t even here yet. The reason, …

Eleven phones will support Google’s Daydream virtual reality software by the end of 2017, Google’s CEO Sundar Pichai said in parent company Alphabet’s earnings call Monday. The statement was later confirmed to CNET by a Google spokesperson. Here’s what Pichai said (via Seeking Alpha): “We continue to work on the next generation of computing platforms, virtual and augmented realty. By the …