Why Lenovo Saw Its First Quarterly Loss in Almost 2 Years
Lenovo reported a net loss of $72 million in fiscal 1Q18 compared to a profit of $173 million in fiscal 1Q17.
Storage appliance maker NetApp (NTAP) announced its fiscal 1Q18 results on Wednesday, August 16. The company posted its fifth earnings beat in a row, while revenue was in line with…
On August 16, Cisco Systems (CSCO) reported its results for fiscal 4Q17, which ended in July. The company posted quarterly revenue of $12.1 billion, narrowly beating Wall Street estimates of…
The tech and media sector has seen major developments recently, including some exciting partnerships and acquisitions. Let’s look at what’s to come.
Camera maker GoPro (GPRO) released its fiscal 2Q17 results on Thursday, August 3. GoPro shares have surged by 12% after beating earnings and revenue estimates. The company’s EPS (earnings per…
Computing chip developer Advanced Micro Devices began selling its new generation of high-performance processors for data centers on June 20.
Alphabet has accused Uber of stealing trade secrets.
For the first time in four years, PC maker Lenovo has slipped to second place in the PC market behind HP Inc. (HPQ).
Hewlett-Packard (HPQ) will be announcing its fiscal 2Q17 earnings on May 24, 2017. The company will likely post revenue of ~$11.88 billion for the quarter.
Intel and HTC have announced a partnership aimed at developing wireless connectivity for the Vive VR headset.
In fiscal 2016, AAPL reported net sales of $215.6 billion, which represents a YoY fall of 7.7%.
GoPro fell 3.0% to close at $9.07 per share on January 6, 2017. Its weekly, monthly, and YTD price movements were 2.6%, -7.0%, and 4.1%, respectively.
GoPro (GPRO) has a market cap of $1.2 billion. It fell 1.5% to close at $8.95 per share on December 28, 2016.
Sony’s (SNE) net income and EPS (earnings per share) fell to 4.8 billion yen and 3.76 yen, respectively, in fiscal 2Q16 compared to 33.6 billion yen and 26.10 yen, respectively, in fiscal 2Q15.
Apple (AAPL) reported fiscal 4Q16 net sales of $46.9 billion, which represents a YoY (year-over-year) fall of 8.9% from its net sales of $51.5 billion in fiscal 4Q15.
Apple rose 0.27% to close at $116.95 per share on December 20, 2016. The stock’s weekly, monthly, and YTD price movements were 1.5%, 6.3%, and 13.6%.
Pitney Bowes rose 0.76% to close at $15.99 per share on December 20, 2016. The stock’s weekly, monthly, and YTD price movements were 1.8%, 9.0%, and -19.1%.
Apple (AAPL) reported fiscal 4Q16 net sales of $46.9 billion, a year-over-year fall of 8.9% from its net sales of $51.5 billion in fiscal 4Q15.
Apple (AAPL) rose 1.8% to close at $115.97 per share during the second week of December 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 1.8%, 5.4%,…
Verifone Systems (PAY) reported fiscal 4Q16 total net revenues of $464.2 million, a fall of 9.7% compared to total net revenues of $514.1 million in fiscal 4Q15.