Nokia hits $7.7 billion in revenue for Q1 2013 with 5.6 million Lumias sold

via engadget.com

Nokia may have seen an operating loss in Q1 2013, but the news isn't all bad. The company saw revenue of $7.7 billion and managed to sell 5.6 million Lumias, which equates to a 30 percent increase in handset sales over last quarter. As for earnings, Nokia put a shiny buff on them by trumpeting a net profit of $236 million using the non-IFRS accounting method. By stricter IFRS rules, it actually lost $150 million, but that still compares favorably to the vast billion dollar losses it made in the same quarter of 2012...

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Apple Now Has $137.1 Billion In Cash, More Than HP’s Annual Revenue And Vietnam’s GDP

via techcrunch.com

Let’s put Apple’s amazing cash on hand numbers into perspective once again. The company now has $137.1 billion in cash — a 12.9 percent increase from the last reported number, $121.3 billion. With such a big figure, it’s hard to realize how big it actually is. In 2012, HP had $120.4 billion of annual revenue. Apple slightly edges HP’s revenue with its cash. Even more impressive, Apple has slightly more cash than Vietnam’s nominal GDP of $123.6 billion.

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Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million

via engadget.com

Amazon has just released its earnings for the third quarter of the year and it looks like it's slightly off analysts' expectations. The company reported $13.18 billion in revenue (a growth of 27 percent) and an operating loss of $28 million, with net income standing at a loss of $274 million. As Amazon notes, though, a chunk of that, some $169 million, comes from losses resulting from its investment in LivingSocial -- it says the figure is "primarily attributable to its impairment charge of certain assets, including goodwill." Expectedly, the company still isn't offering any specific numbers for device sales, noting only that the Kindle Fire HD is the number one selling product across Amazon worldwide, and that the next two bestselling products worldwide are the Kindle Paperwhite and the $69 Kindle. As for its outlook for the next quarter, the company is expecting net sales of between $20.25 billion and $22.75 billion, and operating income of anywhere from a loss of $490 million to a profit of $310 million. You can find the company's full breakdown of all the numbers at the link below.

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Why Google’s revenue is a half billion dollars less than everyone expected

via qz.com

The takeaway from Google’s prematurely released earnings report: They still haven’t figured out mobile. The company came up a half a billion dollars short of what analysts had projected for the quarter. Here are some explanations.

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5 years of the iPhone: 250 million shipped, $150-billion revenue

via theglobeandmail.com

It's fascinating to look at how far the iPhone has come in just five years.

Apple Inc. celebrates the five-year anniversary of the launch of the popular smartphone Friday, prompting a look today by Strategy Analytics at what the iPhone means to the seemingly unstoppable technology giant, and where it goes from here amid heightened competition.

Since it launched in the United States June 29, 2007, iPhone models have brought in $150-billion (U.S.) in revenue around the world, the Boston-based research firm said. That's 250 million devices shipped.

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Apple's Revenue Is Now Bigger Than Google's Profit

via businessinsider.com

Don't believe it? Let's go to the numbers...

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Amazon Is About To Blow Past Best Buy In Revenue

via businessinsider.com

Best Buy's annual revenue growth has hit a wall, and Amazon's is on a tear. It's about to blow past Best Buy for the first time ever, notes Dan Frommer who made this chart for Read Write Web.

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Facebook's Ad Revenue Could Top Out At $10 Billion

via businessinsider.com

Facebook sells about $1 billion of advertising every quarter and it's still growing, putting it on course to sell perhaps $5 billion or more in ads in 2012.

But what are the limits to its growth?

TBG Digital CEO Simon Mansell decided to try and figure it out based on Facebook's current numbers. (TBG sells and manages Facebook advertising.)

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Facebook could generate $1.2B in mobile advertising in one year

via gigaom.com

Facebook, which is still putting together its mobile advertising strategy, could generate $1.2 billion in its first year in six markets alone. That’s according to MobileSquared, a UK-based mobile research firm, which believes Facebook could become one of the two biggest companies in mobile advertising next to Google.

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Groupon Ends The Year With $1.6 Billion In Revenues, Up 419 Percent

via techcrunch.com

Groupon just announced its first earnings report after going public last October (it missed, read our liveblog of the earnings call here.). For the full year, Groupon’s revenues were $1.6 billion, up 419 percent. The daily deal company, however, lost $350 million, most of that attributable to its very aggressive international expansion (7,000 out of its 10,000 employees are overseas). In North America, it turned an operating profit of $22 million, which was counteracted by $137 million in international operating losses.

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Apple's Profit Was Higher Than Google's Revenue Last Quarter

via businessinsider.com

Good catch by Farhad Manjoo: Apple earned $13.1 billion in income in the quarter ending December 31 last year — higher than Google's $10.6 billion in revenue in the same quarter.

Apple brought in $46.3 billion in revenue in the fourth quarter, completely smashing Wall Street expectations. Google missed Wall Street's estimates for its fourth-quarter earnings and revenue.

Also, Apple is twice as valuable as Google — and its shares have shot up more than 7% on Apple's earnings announcement today.

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Facebook's Revenue Numbers Just Leaked, And The Numbers Look Underwhelming

via businessinsider.com

Gawker's Ryan Tate just published what he says "a source with knowledge of Facebook's finances" tell him are…Facebook's finances.

The numbers look a little light.

Facebook was supposed to generate about $4 billion in revenue this year and make $2 billion in EBITDA.

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Sprint rescues Clearwire with up to $1.6B in funding, revenues

via news.cnet.com

Clearwire made good on a $237 million interest payment due today and announced it has finalized a funding and resale agreement with Sprint Nextel worth up to $1.6 billion to keep the company afloat.

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U.S. Online Ad Revenue Climbs to $7.9 Billion, Up 22% From 2010

via readwriteweb.com

In the U.S., revenue from online advertising is up 22% from a year ago, amounting to $7.88 billion, according to the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PWC US). This is the eighth consecutive quarter of year-over-year growth.

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Smart-phone games pwn Nintendo and Playstation in 2011 revenue

via theglobeandmail.com

Nintendo and Sony have seen their share of the mobile game software business shrink from dominance to irrelevance in just three years, according to a new report.

Mobile analytics firm Flurry published a chart, seen above, that shows the once-mighty game-hardware makers held 70% of the market share in 2009, but will likely be squeezed down to just 36% by the end of 2011.

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Zynga Is Still Profitable, Made $12.5 Million In Third Quarter Off $307 Million In Revenue

via businessinsider.com

Zynga made $12.5 million in the third quarter this year — down 54 percent from $27 million in the third quarter last year — off $307 million in revenue, according to an updated S-1 filing with the Securities and Exchange Commission.

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Microsoft Only Lost $500 Million Online This Quarter!

via businessinsider.com

Good news for Microsoft! Online operations only lost $494 million this quarter.

Okay, it's still bad. But, it's an improvement from the $728 million it lost last quarter. At some point Microsoft gets this turned around, we're just not sure when.

Overall results for Microsoft were pretty good with revenue beating expectations and earnings coming right in line.

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China Now Accounts for 16 Percent of Apple Revenue

via allthingsd.com

One of the standouts from today’s Apple earnings call was the level of insight new CEO Tim Cook gave into Apple’s emerging markets, particularly its blockbuster growth in China.

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