Twitter posted record profit on Friday with second quarter revenue that beat financial analysts’ estimates and said penalising misbehaving users this year had paid off even though monthly usage had dropped. Twitter, like bigger rival Facebook, has been under pressure from regulators Read More …
Tag: revenue
LG Posts Biggest Ever Revenue in 2017 Thanks to TV Sales, Mobile Division Posts Loss
LG Electronics, South Korea’s tech behemoth, posted its biggest-ever revenue in history in 2017 due mainly to strong TV sales, the company said on Thursday. Revenue reached record high of KRW 61.4 trillion ($57.9 billion or roughly Rs. 3.68 lakh crores) Read More …
Why IT Hardware Firms Are Shifting to Software-Based Revenue Models
IBM had to do it. Oracle is in the process of doing it. Lots of other companies should have done it but couldn’t. We’re talking about vendors making the risky and often costly jump from a hardware-based IT business to Read More …
Apple India Revenue Doubles Year-Over-Year, Tim Cook Says Still ‘A Long Way to Go’
Apple reported strong quarterly results ahead of the iPhone X launch on Friday, with iPhone sales at 46.7 million unit, up from 45.5 million in the year-ago quarter. The company posted quarterly revenue of $52.6 billion (roughly Rs. 3,39,595 crores), an increase of Read More …
Super Mario Run Revenue ‘Did Not Meet Our Expectations’: Nintendo
Super Mario Run is available on Android which should give it a healthy boost in users, but it has, unsurprisingly, not been the commercial hit Nintendo expected on iOS due to its steep $10 price point. Revenue from the game Read More …
Huawei forecasts slower revenue growth this year, greater uncertainties for 2017
For 2015, Chinese smartphone manufacturer Huawei had reported a revenue growth of 35%. However, for the ongoing year, the company expects the rate to be somewhere around 32%. This was revealed by Eric Xu, Huawei’s chief executive, in a New Read More …
Lennar revenue rises 14.6 percent
Getty Images A sign advertising available homes is posted at a housing development in Dublin, California. Lennar, the second-largest U.S. homebuilder, reported quarterly profit that topped analysts’ estimates as it sold more homes at higher prices. An improving job market Read More …
Twitter will now share video revenue with individual content creators
Twitter to allow content creators to monetize video Tuesday, 30 Aug 2016 | 11:12 AM ET | 01:23 Twitter is trying something new to boost its stagnating user base: Luring content creators to post on Twitter by giving them an easy Read More …
ZTE reports revenue increase in first half of 2016
ZTE just published its performance report for the first six months of 2016 and things appear to be looking up for the Chinese giant. The company reported an overall operating revenue increase of 4.05% up to CNY 47.76 billion. Out Read More …
Printer maker Xerox’s revenue falls 4.2 pct
Printer and copier maker Xerox stated a four.2 percent fall in quarterly sales, harm with the aid of a robustdollar and decrease sales of printers and copiers. The company‘s shares fell extra than thirteen percent Monday. (click on right here Read More …