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Tag: revenue

  • Apple Reports Record Q3 2015 Results

    Apple Reports Record Q3 2015 Results

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    Apple has just announced financial results for its fiscal 2015 third quarter (ended June 27, 2015). The company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion. These results compare to revenue of $37.4 billion and net profit of $7.7 billion in the year-ago quarter.

    In the Q3 2015 Apple sold:

    • iPhone: 47 million units (35 mln in Q3 2014)
    • iPad: 10.9 million units (13 mln in Q3 2014)
    • Mac: 4.7 million units (4.4 mln in Q3 2014)

    Revenue by product:

    • iPhone: $31.3 b
    • iPad: $4.5 b
    • Mac: $6 b
    • Services (iTunes, AppleCare, Apple Pay, licensing and other services): $5 b
    • Other products ( Apple TV, Apple Watch, Beats Electronics, iPod and Apple-branded and third-party accessories): 2.6 b

    Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

    According to Apple, “the growth was fueled by record third quarter sales of iPhone and Mac, all-time record revenue from services and the successful launch of Apple Watch.”

    “In the third quarter our year-over-year growth rate accelerated from the first half of fiscal 2015, with revenue up 33 percent and earnings per share up 45 percent,” said Luca Maestri, Apple’s CFO. “We generated very strong operating cash flow of $15 billion, and we returned over $13 billion to shareholders through our capital return program.”

    Apple’s board of directors has declared a cash dividend of $.52 per share of the Company’s common stock. The dividend is payable on August 13, 2015, to shareholders of record as of the close of business on August 10, 2015.

  • Hulu in 2012: $695M Revenue, 3M Paying Subscribers

    2012 has been a huge year for Hulu. The following article will go over the progress the company made over the past year, its current and future expansion plans and also what is in store for Hulu in the upcoming years.

    Hulu Revenue Update

    In the year 2012 Hulu earned $695 million dollars in revenue. This number represents a 65% growth in revenue over the past five years, which is high for general industry as well as tech companies.

    New Subscriber Numbers

    Hulu has expanded its subscriber base substantially in 2012, with around three million current users. These Hulu Plus subscribers represent users that pay to access Hulu and represent a revenue stream separate from the company's advertising based revenue model.

    How Has Hulu Content Changed in 2012?

    2012 has brought a plethora of new content to Hulu streaming video service. Total titles available have grown by 40% and much of the new content comes from premium, established media companies like Viacom, CBS, and World Wrestling Entertainment. The content additions have done a great deal to make Hulu more competitive with other streaming services like Netflix and Amazon.

    Hulu Advertising Changes in 2012

    This fiscal year has brought a large increase in the number of advertisers who work with Hulu. In 2012 Huku has worked with over a thousand different advertising firms which represents a 28% increase over the same advertising partnerships from one year ago. Not only are advertisers who work with Hulu becoming more diverse, they are being drawn to the company by the ability to effectively target an audience and reduce the amount of wasted commercial impressions.

    One big project that Hulu will be focusing on in 2013 will be to expand into the Japanese market with special Japan-only programming and production of domestic Japanese shows for usage on the Hulu Japan site. This expansion combined with the solid revenue and content numbers bodes well for the future of Hulu in the online content streaming industry.

  • Vonage Reports First Quarter 2012 Results

    Vonage announced results for the first quarter ended March 31, 2012. Reflecting the company's previously stated plans to increase investment in its strategic growth initiatives, Vonage reported adjusted earnings before interest, taxes, depreciation and amortization of $32 million which includes $7 million in growth initiative funding.

    Adjusted EBITDA is down from $40 million sequentially and $43 million in the year ago quarter. Similarly, income from operations was $21 million, a decrease from $28 million sequentially and $30 million in the year ago quarter.

    Net income was $19 million or $0.08 per share excluding adjustments(1), a decline from $26 million or $0.11 per share sequentially, and a decline from $23 million or $0.10 per share in the year ago quarter.

    GAAP net income was $14 million or $0.06 per share, down from $350 million or $1.55 per share sequentially due to a one-time non-cash income tax benefit recognized in the fourth quarter, and down from $21 million or $0.10 per share a year ago.

    Revenue totaled $216 million, flat sequentially and down from $220 million the prior year.

    Marc Lefar, Vonage Chief Executive Officer, said, "Our financial results were consistent with previous guidance as we increased investment in our strategic growth initiatives. Our core business is stable and generated EBITDA which was in line with recent quarters."

    Vonage also announced its first international partnership with Globe in the Philippines. The partnership marks a significant milestone in Vonage's strategy to expand its services beyond North America and the United Kingdom. The company remains actively involved in discussions with several prospective partners and expects to announce additional alliances before the end of this year.

    On April 18, 2012, Vonage announced key milestones for its Vonage Mobile and Extensions products. Launched in February 2012, the Vonage Mobile app surpassed one million downloads in approximately eight weeks, with usage now approaching 10 million minutes per month. Since launch, the company has steadily updated the app to enhance ease of use and performance and has implemented new releases for iOS and Android addressing top priorities including connection quality, latency load times when opening the app and battery life. Most recently, the company yesterday updated the app to enhance its messaging capability to allow photo and location sharing and sharing of the app with friends on Facebook and Twitter.

  • Telanetix Reports Fourth Quarter and Full Year 2010 Financial Results

    Telanetix, a communications solutions provider offering voice services and solutions to the business market, reported financial results for its 2010 fourth quarter and full year ended December 31, 2010.

    The company’s fourth quarter core voice revenue increased 10 percent over the same quarter last year and full-year core revenue grew nearly 16 percent over 2009.

    Fourth Quarter 2010 Financial Highlights:

    • Core voice revenue increased 10 percent year-over-year to $6.0 million, compared to $5.4 million in the fourth quarter of 2009.
    • Total revenue was $6.7 million, a decrease of 6.9 percent compared to $7.2 million in the fourth quarter of 2009. The decline in total revenue was due to the expected decrease in legacy product revenues, which were $733,000, a 59 percent decrease compared to $1.8 million in the fourth quarter of 2009.
    • Adjusted EBITDA improved to $536,000, compared to $130,000 in the fourth quarter last year.
    • Net loss from continuing operations was $1.6 million, or $0.00 per share, compared to net income of $1.1 million, or $0.04 per share, in the fourth quarter last year.
    • Total cash and cash equivalents increased $58,000 to $2.3 million at December 31, 2010.

    Full Year 2010 Financial Highlights:

    • Core voice revenue increased 15.9 percent year-over-year to $23.7 million.
    • Total revenue increased $228,000 year-over-year to $28.5 million.
    • Adjusted EBITDA of $1.7 million, first full year positive EBITDA and a more than $2.1 million improvement compared to an adjusted EBITDA loss of $379,000 for 2009.
    • Net income from continuing operations was $10.3 million, or $0.06 per share, which included a $16.5 million gain on recapitalization and $800,000 credit from change in fair market value of derivative liabilities, compared to net loss in 2009 of $8.1 million, or a loss of $0.26 per share, which included a $4.1 million expense for interest and a $3.8 million credit for warrant and beneficial conversion feature liabilities.

    “In addition, we achieved our fifth consecutive quarter of positive adjusted EBITDA and first full year positive EBITDA. During the quarter, our legacy revenue flattened out from recent declines, and we expect it to stay flat or modestly improve in 2011," said Doug Johnson, Telanetix’s CEO.

    He added that during the year the company made progress building on its strategic partnerships and expanding its customer reach by adding new channel partners, including Mitel Networks and Vertical Communications, each of which offers Telanetix’s SIP trunking services to customers ranging from medium-sized businesses to Fortune 1000 enterprises. "We have seen strong initial interest in these services and expect this to be an important growth driver in 2011," Johnson said.

    ”2010 was a pivotal year for Telanetix and we are pleased with our progress and positive steps that have stabilized the company, including completing a comprehensive recapitalization of the Company. We believe we are well positioned now to build on this stable foundation and further expand our presence and share in the marketplace. We expect to achieve continued double digit growth in our core revenue for 2011,” he concluded.

  • Motorola Mobility Announces Q4 and Full-Year 2010 Financial Results

    Motorola Mobility reported net revenues of $3.4 billion in the fourth quarter of 2010, up 21 percent from the fourth quarter of 2009. The GAAP earnings in the fourth quarter of 2010 were $80 million (.27 per share), compared to a loss of $204 million (.69 per share) in the fourth quarter of 2009

    On a non-GAAP basis, earnings in the fourth quarter of 2010 were $108 million (.37 per share) compared to a loss of $70 million (.24 per share) in the fourth quarter of 2009.

    For the full year, 2010 net revenues were $11.5 billion, up 4 percent compared to 2009. For the full year, the GAAP loss was reduced to .29 per share from a loss of $4.56 per share in 2009. On a non-GAAP basis, the loss was reduced to .28 per share from a loss of $2.95 per share in 2009.

    Motorola also announced thet the company generated positive operating cash flow of $225 million and $606 million in the quarter and full year, respectively. As planned, subsequent to the end of the quarter, the company received $3.2 billion in cash related to its separation from Motorola, Inc.

    "The improvement in our financial results last year, including profitability in the fourth quarter, is indicative of the progress we have made in delivering innovative smartphones and improving the Mobile Devices business," said Sanjay Jha, chairman and chief executive officer of Motorola Mobility.

    "Our Home business performed well and remains a premier provider of digital set-tops and end-to-end video solutions. With the global opportunities ahead, along with our diversified portfolio, our brand, and our people, we are well positioned to grow, and further improve our financial results in 2011," he added.

    Operating Results

    According to the report, Mobile Devices segment net revenues in the fourth quarter were $2.4 billion, up 33 percent compared with the year-ago quarter. For the full year 2010, net revenues were $7.8 billion, an increase of 9 percent compared to 2009.

    Motorola shipped 4.9 million and 13.7 million smartphones in the quarter and full year, respectively, compared to 2.0 million in the fourth quarter and full year 2009. The company shipped total handsets (including smartphones) of 11.3 million and 37.3 million in the quarter and full year 2010, respectively.

    The Company’s outlook for the first quarter of 2011 is the following:

    * Consolidated operating earnings in a range around breakeven
    * Non-operating costs of approximately $10 million
    * Income tax provision of approximately $25 million
    * Net loss of $26 million to $62 million
    * Net loss per share of .09 to .21
    * Basic shares outstanding of approximately 294 million shares
    * Excludes charges associated with items of the variety typically highlighted by the Company in its quarterly earnings results, stock-based compensation expense and intangible assets amortization expense.

  • Apple Reports Record Holiday Quarter Revenue

    Apple announced financial results for its fiscal 2011 first quarter ended December 25, 2010. Record Mac, iPhone, iPad sales have driven highest revenue and earnings ever: the company posted record revenue of $26.74 billion and record net quarterly profit of $6 billion ($6.43 per diluted share).

    These results compare to revenue of $15.68 billion and net quarterly profit of $3.38 billion ($3.67 per diluted share) in the year-ago quarter. Gross margin was 38.5 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

    During the quarter Apple sold:

    • 4.13 million Macs  (23% unit increase over the year-ago quarter);
    • 16.24 million iPhones (86% unit growth);
    • 19.45 million iPods (7% unit decline);
    • 7.33 million iPads.

    “We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales,” said Steve Jobs, Apple’s CEO.

    “We are firing on all cylinders and we’ve got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can’t wait to get their hands on,” he added.

    Peter Oppenheimer, Apple’s CFO, said: “We couldn’t be happier with the performance of our business, generating $9.8 billion in cash flow from operations during the December quarter. Looking ahead to the second fiscal quarter of 2011, we expect revenue of about $22 billion and we expect diluted earnings per share of about $4.90.”

  • Apple Reports All-Time Record Revenue

    Apple has announced financial results for its fiscal 2010 third quarter ended June 26, 2010. The company posted record revenue of $15.7 billion and net quarterly profit of $3.25 billion ($3.51 per diluted share).

    These results compare to revenue of $9.73 billion and net quarterly profit of $1.83 billion ($2.01 per diluted share) in the year-ago quarter.

    Gross margin was 39.1 percent compared to 40.9 percent in the year-ago quarter. International sales accounted for 52 percent of the quarter’s revenue.

    Apple sold 3.47 million Macs during the quarter, representing a new quarterly record and a 33 percent unit increase over the year-ago quarter.

    The company sold 8.4 million iPhones in the quarter — 61 percent unit growth, 9.41 million iPods — 8 percent unit decline from the year-ago quarter.

    Apple also began selling iPads during the quarter, with total sales of 3.27 million.

    “It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4,” said Steve Jobs, Apple’s CEO. “iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.”

    “We’re really pleased to have generated over $4 billion of cash during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter of 2010, we expect revenue of about $18 billion and we expect diluted earnings per share of about $3.44”

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  • AT&T Reports Strong First-Quarter Earnings

    A day after Apple announced its record march quarter revenue, AT&T reported strong first-quarter earnings results highlighted by rapid growth in mobile broadband, further expansion of AT&T U-verse services and solid gains in IP-based and business services.

    For the Q1 2010, AT&T’s consolidated revenues totaled $30.6 billion, up $78 million, or 0.3 percent, versus the year-earlier quarter.

    Operating expenses were $24.6 billion versus $24.8 billion; operating income was $6.0 billion, up from $5.7 billion in the first quarter of 2009.

    The company’s operating income margin was 19.6 percent, up from 18.8 percent in the year-earlier quarter.

    First-quarter 2010 net income attributable to AT&T totaled $2.5 billion ($0.42 per diluted share), reflecting a previously disclosed noncash charge of $995 million, related to recently enacted changes in the tax treatment for the Medicare Part D subsidy. Excluding this charge, first-quarter earnings would have been $3.5 billion ($0.59 per diluted share). These results compare with net income of $3.1 billion, or $0.53 per diluted share, in the year-earlier first quarter.

    Record First-Quarter Subscriber Gain
    AT&T posted a net gain in total wireless subscribers of 1.9 million, the highest first-quarter total in the company’s history, to reach 87.0 million in service. According to the company, first-quarter net add growth reflects continued rapid adoption of smartphones and a host of connected devices such as eReaders, global positioning systems and alarm monitoring systems.

    Connected devices in service increased by 1.1 million in the quarter to reach 5.8 million, and retail postpaid net adds totaled 512,000 to reach 65.1 million.

    14.9 Percent Growth in Strategic Business Services Revenues
    Revenues from new-generation capabilities that lead AT&T’s most advanced business solutions — including Ethernet, VPNs, hosting, IP conferencing and application services — grew 14.9 percent versus the year-earlier quarter, continuing AT&T’s strong trends in this category.

    "We’re off to a great start to the year, and our fundamental outlook for the business continues to be quite positive,” said Randall Stephenson, AT&T chairman and chief executive officer.

    Related articles
    Apple Announces Record March Quarter Revenue

  • Apple Announces Record March Quarter Revenue

    Apple reported financial results for its fiscal 2010 second quarter – its best non-holiday quarter ever. The company posted revenue of $13.50 billion and net quarterly profit of $3.07 billion ($3.33 per diluted share).

    The revenues were up 49 percent and profits were up 90 percent.

    Apple sold 2.94 million Macs during the quarter (33 percent unit increase over the year-ago quarter), 8.75 million iPhones (131 percent growth) and 10.89 million iPods (one percent decline).

    Gross margin was 41.7 percent, up from 39.9 percent in the year-ago quarter. International sales accounted for 58 percent of the quarter’s revenue.

    Steve Jobs said he was “thrilled” to report Apple’s best non-holiday quarter ever. He added that the company have several more “extraordinary products” in the pipeline for this year.

    Peter Oppenheimer, Apple’s CFO, said that looking ahead to the third fiscal quarter of 2010, they expect revenue in the range of about $13.0 billion to $13.4 billion.

  • Skype Users Rise by 37m, Revenues up 25% in Q2


    Skype’s subscriber base just keeps on climbing, with another 37 million people added in the second quarter – taking the total year-to-date increase to 75 million.

    Growing subscribers also means growing revenues and the VoIP company saw Q2 revenue jump 25 per cent year-over-year to USD $170 million.

    The Skype figures were contained within parent company eBay’s financial results for the second quarter ended June 30, 2009.

    Its news was not quite so good. The ecommerce company posted second quarter revenue of USD $2.10 billion, a $97.7 million year-over-year decrease.

    The year-over-year revenue growth of PayPal and Skype was offset by the effects of the stronger dollar and a modest decline in the Marketplaces business.

    Another healthy quarter of growth under its belt will do no harms to Skype’s Initial Public Offering (IPO) price as eBay prepares to take the VoIP company public in early 2010.

    Provided the P2P technology lawsuit gets settled first.