Qualcomm on Wednesday reported record earnings for the first quarter of fiscal 2012. The company took in $4.68 billion in revenue, up 40% year-over-year and 14% sequentially, beating Wall Street’s estimate of $4.58 million. Qualcomm’s net income of $1.4 billion was up 20% year-over-year and 25% over the fourth quarter. The firm also managed earnings of $0.97 per share, up 18% year-over-year and ahead of the Street’s EPS estimate of $0.90. Qualcomm boosted guidance for the full year, saying ...

Microsoft announced its fiscal first-quarter 2012 earnings on Thursday, the best first quarter the company has ever recorded. The Redmond-based software giant reported revenue of $17.37 billion, up 7% from the first quarter of 2011 and on a par with analyst estimates of $17.26 billion. Operating income for the quarter was $7.2 billion, up 1% from the same quarter last year and net income was $5.74 billion, or $0.68 per share, up 6% from the first quarter of 2011. “We saw customer demand across the bre...

Sony reported its fiscal first quarter results on Thursday and recorded a net loss of 15.5 billion Yen ($198.7 million). The company attributed the loss to the earthquake that struck off the coast of Japan in March, as well as a “stagnate” economy in the United States and Europe. Sony’s operating profits were 27.5 billion Yen ($330 million), down from the 67.02 billion Yen ($862) it reported during the same quarter last year. Operating revenue was 1.49 trillion Yen ($19.1 billion), down 10% ...

Nintendo posted its first quarterly operating loss ever on Thursday in its fiscal first quarter earnings report. The Japanese gaming company recorded a net loss of 25.5 billion Yen ($328 million), which was on a par with the net loss of 25.2 billion Yen ($324 million) the firm reported during the same quarter last year. In addition, it posted a net operating loss of 37.7 billion Yen ($485 million), down from an operating profit of 23.3 billion Yen ($299 million) during the first quarter of 2010. Nintendo also...

Microsoft released its fiscal fourth-quarter earnings on Thursday and noted that its revenue of $17.73 billion was greater than any other fourth quarter in the company’s history. The Redmond-based firm also reported $69.94 billion in revenue for the fiscal year — also a record — up 12% from 2010. The company’s Entertainment & Devices division was particularly successful, reporting 30% growth in revenue for the fiscal fourth quarter and 45% for the entire year thanks to Xbox Live, the Xbox ...

Sony Chief Financial Officer Masaru Kato announced to the press on Monday that the company expects to post an annual loss of $3.2 billion for its fiscal year ending in March 2011 — the second largest loss in company history. The news comes as yet another blow for the Japanese consumer electronics giant, whose online networks have been the target of a series of cyberattacks that impacted more than 100 million customers. Sony had previously expected to post a profit this year, however the company had to writ...

Driven by strong growth in its Business and Entertainment & Devices divisions, Microsoft posted record Q3 2011 revenues of $16.43 billion — a 13% increase year-over-year. “We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses,” said Microsoft’s chief financial officer, Peter Klein. “Consumers are purchasing Office 2010, Xbox and Kinect at tremendous rates, and businesses of all sizes are purchasing Micro...

Fresh news out of Redmond. Software giant Microsoft has just posted earnings for Q1 of their fiscal year 2011, and the vitals all look good as Microsoft raked in $16.2 billion in revenues; a 25% increase from the same period in 2010. The company posted a net income of $5.41 billion which translated into $0.62 earnings per share; a 51% and 55% increase respectively when compared with Q1 of fiscal year 2010.“This was an exceptional quarter, combining solid enterprise growth and continued strong consumer deman...

Say what you want about RIM’s hardware and operating system, for the time being they continue to bring home the bacon. Late yesterday, the Canadian mobile giant announced earnings and that a record 12 million BlackBerry smartphones were shipped in Q2 of the company’s fiscal 2011. Here are the highlights:Revenue: $4.62 billion, up 31% year-over-yearEarnings per share: $1.46, up 76% year-over-year12.1 million smartphones shipped in Q2Net income: $796.7 million“We expect a continuation of this ...

On a day when the business world is focused solely on Apple and the launch of its iPhone 4, RIM announced its quarterly results. Although it managed to pocket a handsome profit of $768.9 million, everything from revenue to subscribers to devices shipped missed the mark. Revenue, which was up 24% Y0Y at $4.24 billion or $1.38 per share diluted, fell short of the $4.32b analysts were expecting. The 4.9 million new subscribers RIM picked up also wasn’t good enough for the Street, which was looking to see 5...

Dell, the third-largest PC maker in the world, showed strong growth in Q1 of 2010 as profits totaled $441 million — or $0.22 per share — up 52% from a year ago. Revenue climbed 21% (to $14.9 billion) from the previous quarter thanks to a 21.4% increase in PC shipments; a spike which Dell attributed to, “the early stages of a corporate IT refresh.” Dell also saw a boost from server and network revenue (up 39% to $1.8 billion), mobility revenue (up 18% to $4.6 billion), and desktops sale...

HP managed to surpass the Street’s expectations as the company saw profits grew by 28% in the quarter ended April 30th. Capitalizing on strong demand for PCs and servers, revenue came in at $30.8 billion with an adjusted income of $1.09. Analysts were expecting to see $1.05 per share. This performance allowed HP to hold onto its title as the world’s largest manufacturer of personal computers. HP is predicting that the current quarter will see bring in $29.7 to $30 billion in revenue, with an adj...

Apple posted its Q2 2010 results and to say they’re impressive would be an understatement. Beating analyst expectations in practically every way possible, the Cupertino company sold 2.94 million Macs, 8.75 million iPhones and 10.89 million iPods. Analysts were only expecting 2.7 million iMacs, 6.8 million iPhones and 9 million iPods to be sold. In terms of cold, hard cash, Apple’s revenue was $13.5 billion with a diluted earnings per share of $3.33 making for a net profit of $3.07 billion. As for...

Palm today announced its Q1 results for the fiscal year 2010. The struggling handset maker moved 823,000 devices in Q1, the bulk of which Palm claims to have been Pre handsets. Unbelievably, the company still managed to avoid giving any firm numbers with regards to Pre sales, meaning it’s now extremely safe to say they fell well short of meeting expectations. Total revenue was $68mm compared to $368mm in Q1 2009, and gross profit was $2.8mm in the red. It gets worse, unfortunately. You see, accountants ...