Italy's banking sector is in crisis. As the results of the European banking stress test — which could be a make or break moment for Italy's fragile financial institutions — draw nearer, it is worth looking at just why the country isShow More Summary
While we, like everyone else, were stunned by Facebook's financial results, which showed torrid growth in virtually every metric, from user growth to revenue to earnings to eyeball monetization, one specific number sticks out: according to Mark Zuckerberg, there are now 175 million daily active users in the US and Canada. Show More Summary
Twitter reported its second-quarter-2016 financial results Tuesday, and Wall Street was far from overwhelmed.
In an all earnings show, we talk about Apple's, Twitter's and T-Mobile's financial results.
1.9 Million Customer Nets, Record-Low Churn of 1.27%, Net Income of $225 Million, 12% Service Revenue Growth and 36% Adjusted EBITDA Growth Year-over-Year Second Quarter 2016 Highlights: Customer momentum continues for the fastest growing...Show More Summary
Services Revenue Grows 19% as App Store Hits All-Time Record CUPERTINO, California — Apple® announced financial results for its fiscal 2016 third quarter ended June 25, 2016. The Company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. Show More Summary
Dale O. Cloninger, University of Houston-Clear Lake Whether it's by coincidence or causation, the financial collapse of 2008 and 2009 has resulted in growing angst over income inequality. Millions of workers disappeared from the workforce and have yet to return. Show More Summary
Q3 2016 is probably the most interesting financial quarter Apple has had in a long time, and despite falling hardware sales across the board, Wall Street is happy with the end result. Here's why.
Comcast reported better-than-expected financial results and limited the loss of cable customers, despite the pressure from cord-cutting and cheaper streaming options.
NX can't come soon enough for Nintendo. The Japanese gaming giant's latest quarterly financial results make for disappointing reading - it recorded its largest Q1 loss in five years. Last year, Nintendo recorded a profit during April to June. This year, however, the company made a net loss of 24.5bn yen (£177m) over the same period. Read more…
Despite Nintendo's attempts to lower expectations ahead of announcing its financial results, its latest quarterly earnings aren't good. Net sales are down 31 percent compared to the same quarter last year, down to 62 billion yen ($587 million), while the company saw an operating loss of 5.1 billion yen (roughly $48 million). Show More Summary
Twitter has today released its latest financial results and performance figures covering Q2 2016. And as expected, the numbers are relatively flat, and failed to meet market expectations.
Twitter reported better-than-expected financial results on Tuesday, beating Wall Street's earnings expectations while falling short on total revenue. According to its second-quarter earnings, Twitter's revenue totaled $602 million—a 20 percent increased year-over-year—but missed expectations of $607 million. Show More Summary
During Apple's quarterly financial results call for the third fiscal quarter of 2016, CEO Tim Cook shed more light on Apple Pay's adoption and growth with purchasers and retailers.
But tech giant's stock advances as its latest financial results are less bad than analysts had feared
After seeing Apple struggle through 2016, Wall Street set its sights pretty low for the company's Q3 earnings report. Those financial results just dropped, and while they're still not amazing for the folks in Cupertino, Apple did well enough to allay some nagging fears and get its flagging stock price up a bit.
Apple reported its third quarter 2016 financial results today, with 40.4 million iPhones and 10 million iPads sold. The company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. Show More Summary
Outperforming the industry with strong overseas growth Huawei Consumer Business Group announced today its 2016 H1 financial results: Sales revenue in the first half year of 2016 increased by 41% year-on-year to CNY¥ 77.4 billion. Smartphone shipments stood at 60.56 million, a year-on-year increase of 25%. Show More Summary
Apple has released its financial results for the second quarter of its 2016 fiscal year. The company sold 40.4 million iPhones, 9.95 million iPads, and 4.25 million Macs. This resulted in $7.8 billion in profit, along with a quarterly...Show More Summary
Apple today announced financial results for the third fiscal quarter (second calendar quarter) of 2016. For the quarter, Apple posted revenue of $42.4 billion and net quarterly profit of $7.8 billion, or $1.42 per diluted share, compared...Show More Summary