Tag Archives: earnings

Qualcomm CEO fires back at Apple: Bring it on

Bring it on, Apple — at least, that’s what Qualcomm’s top executives seemed to be saying Wednesday. Qualcomm CEO Steve Mollenkopf and Derek Aberle, head of the wireless chipmakers’s licensing business, fired back at lawsuits filed over the past week by Apple in the US and China. Those suits, they said, are all about the …

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For AT&T, the future is (DirecTV) Now

You get only one chance to make a first impression. If that’s the case, AT&T may have dropped the ball with many customers who signed up for its DirecTV Now streaming TV service. The telecommunications giant saw its service choke under the demands of its users, marking an embarrassing start for the company. It was bad enough that T-Mobile CEO …

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Fiery Note 7 didn’t burn up Samsung’s profits (The 3:59, Ep. 167)

With earnings season well underway, Samsung came out with a big bump in its operating profit. That’s despite problems with its Galaxy Note 7 phone, which was recalled twice after several units exploded. The earnings boost is a reminder of Samsung’s reach, with the company making money in TVs and chips. Verizon also posted its quarterly results, with the telecommunications …

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Verizon stays mum on Yahoo as customer growth rebounds

No really Verizon, how do you feel about Yahoo? In Verizon’s fourth-quarter report on Tuesday, references to Yahoo, which the telecom giant agreed to acquired for $4.8 billion, are buried near the end with little additional insight. You could forgive Verizon for being skittish when it comes to talking about Yahoo, a business it once coveted for its user base …

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Samsung’s chips make up for Galaxy Note 7 financial woes

For Samsung, it’s not all about the Galaxy Note 7 — at least not when it comes to financial results. Even as it faces a hit of more than $5 billion (spread across several quarters) from the death of its flawed phone, Samsung managed to post its best operating profit in three years. What it’s benefiting from is strong demand …

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Yahoo says Verizon buyout delayed but still on

Yahoo, dealing with questions around two massive hacks, said Monday it’s pushing the timeline of its expected $4.8 billion buyout by Verizon from the first quarter to the second quarter of this year. “The opportunities ahead with Verizon look bright,” Yahoo CEO Marissa Mayer said in a statement. “Our commitment to our users is unwavering, and we continue to be …

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LinkedIn, synced in: Website now feels ‘more like using an app’

After more than a year in the making, LinkedIn’s desktop redesign has arrived. If the makeover, which launched Thursday, looks a lot like the professional network’s overhauled sleek mobile app — well, that’s part of the master plan. The professional network doesn’t merely want the overhauled home page on desktop computers to resemble the mobile app. It wants that version …

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Netflix’s global domination plans find a US fanbase

Are US customers interested in watching a post-apocalyptic thriller in Portuguese? Apparently, yes. Netflix said its series “3%,” which was made for Brazil, unexpectedly had legs outside that market, with millions of US viewers tuning in to watch the show, subtitles (or dubbed) and all. The series offered an early example of how Netflix’s international expansion can sometimes pay dividends …

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Samsung expects fired

Samsung’s profits didn’t burn to ground after all in the Great Galaxy Note 7 Implosion. The South Korean electronics giant on Friday released a forecast for its earnings report for the October-December period, saying it expects a $7.8 billion boost in its fourth-quarter operating profits. This comes even though the Note 7’s fiery recall was expected to cost the company …

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Amazon’s third

It was a banner year for third-party retailers on Amazon, the Seattle-based online retailing giant said Wednesday. Amazon, which also broke its own holiday sales record, said it delivered more than 2 billion items for third-party sellers in 2016, and that it shipped 50 percent more items this holiday season for retailers on its Marketplace than the previous year. The …

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