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Tag Archives: revenue

Xiaomi’s revenue up 13.6% in Q1 2020

It's been a tough start to the year for smartphone manufacturers, but Xiaomi has announced that it has beaten the market trend by achieving a year-on-year growth of 13.6% for Q1 2020. The Chinese company also reported that major products sales have returned to pre-pandemic levels. In spite of the …

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Adobe breaks revenue records on cloud strength


Adobe has managed to increase its annual revenue to near $6 billion, an overall rise of some 22 per cent year on year. Quarterly net income is said to be at record setting levels also, thanks to rapid growth in its digital media segment, and expansion of its Creative Cloud …

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Uber losses are mounting, can it keep growing?


Uber is one of those companies that has always lost money. It survives purely on continued investment because it's a good idea. That means it's worth tens of billions of pounds, despite making catastrophic losses. The question is, can it keep it up? The latest report suggests that Uber lost …

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Steve Ballmer calls Microsoft revenue numbers ‘bulls***’

Ex-CEO of Microsoft Steve Ballmer and still the company's biggest share-holder, has called the numbers Microsoft revealed as part of its recent annual shareholder meeting, “bulls***.” Although Microsoft released its run rate – extrapolating results from a single point throughout the year – Ballmer wants to see real revenue numbers, …

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Yahoo inks deal with Google to prop up earnings slip

Yahoo announced late yesterday that it had signed a search advertising deal with Google, further enhancing an already existing deal with Microsoft, so that now Yahoo will earn a portion of revenue from adverts displayed in the trio of search engines from all companies. It's hoped that this will help …

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Sony’s PlayStation division made £3 billion in Q3

Sony hasn't been in the best financial position recently but the company’s PlayStation division is continuing to help keep the company afloat, generating £3 billion in revenue during the third quarter (holiday season) last year. That made for a pretty big sales boost, generating an extra 16.8 per cent year …

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Intel: Windows XP replacements and PC purchases are slowing

Intel Corp. on Thursday said that its revenue in the first quarter of its fiscal year will be lower than anticipated. The company reduced revenue outlook by about $1 billion. The world’s largest chipmaker blamed slower than expected replacements of Windows XP-based PCs by businesses as well as challenging macroeconomic …

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Apple has posted the biggest quarterly profit in history

Apple has managed to break several records this week with its first fiscal quarter earnings report of the year, managing to post the biggest quarterly profit of any company ever in history. Over the last several months, Apple managed to generate a profit of $18 billion. This beat out the previous …

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Google reports weaker than expected third quarter results

Google reported its third quarter earnings last night, revealing a gross revenue of $16.52 billion, acquisition costs of $13.17 billion, GAAP earnings per share of $4.09 and non-GAAP earnings per share of $6.35. Those are some pretty strong numbers, but apparently they weren't strong enough for Wall Street as Google …

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