Tag Archives: profits

Apple posts biggest quarterly profit ever for a public company

11.9bn – that’s how much profit Apple made in its last quarter, representing the highest ever number for a publicly traded company. The record was previously held by ExxonMobil, which in Q2 2012 posted a profit of $15.9bn. The colossal success stems from the success of the iPhone 6, which …

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Tesco says profits will be almost £1bn lower than predicted

2014 has already been one to forget for Tesco, and the news just keeps getting worse. The retailer has now warned that profits for the year ending February 2015 "will not exceed 1.4bn" – that’s well below the 1.8bn-2.2bn the markets had expected and significantly down on the 3.3bn recorded …

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iPhone and iPad sales miss expectations

Apple ‘s Q3 report has seen it beat earnings expectations but fall short of predicted iPhone and iPad sales. While the firm beat its earnings expectations, with its profit rising to $7.7bn its iPhone sales came in below the 37m expectation at 35.2m. This is, however, 13 per cent higher …

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Capcom profits up as Dead Rising 3 hits 1.2m sold

Xbox One exclusive Dead Rising 3 has sold 1.2m units, helping Capcom to a welcome boost in profits. Microsoft has shipped 5m Xbox Ones, and while actual sales remain shrouded in mystery that still represents at attach rate of anything between 1-in-3 and 1-in-5, which is potentially very impressive. Monster …

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Share price tumbles as Future issues profit warning

Media group Future has seen its share price tumble following its recent profits warning. On Friday it warned shareholders that profits will be significantly below” expectations once again in its next report, leading to 30 per cent of its value being slashed on the markets. At the end of the …

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Capcom reports reduced profits

Following the profits warning issued last month, today’s financial report from Capcom was never going to be pretty. The Japanese publisher registered a net income of 3bn for the last financial year, almost exactly in line with the modified forecast it released in April. That’s still a profit, of course, …

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Apple reports first quarterly profit drop in a decade

A net profit of $9.5bn for the quarter ending March was not enough to see Apple avoid its first quarterly profit decline in a decade. That’s down from the $11.6bn profit recorded in the same period the year before. In truth, Apple actually beat its guidance thanks to stronger than …

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Capcom issues profits warning, cuts ties to Western developers, scraps projects

Profits for the current financial year will be about half of what was initially forecast, Capcom has warned. This is in part due to expenses associated with a freshly announced company-wide restructure. That was far from the only factor, however. The company also blamed drastic changes in the industry’s market …

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Capcom profits soar despite Resident Evil 6 "failure"

It’s been a good for the first three quarters of Capcom’s financial year despite what the company itself describes as the failure” of Resident Evil 6. Net sales for the period ending December 31st 2012 soared 44.6 per cent at 72,699m while operating income jumped 45.9 per cent to 9,838m. …

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Revenues up and profits down at Amazon

Online retailer Amazon has reported a sharp drop in net income for the three months ending December 31st. The period saw income of $97m, down significantly from the $177m it reported in the same period last year. Revenues, however, are up from $17.43bn to $21.27bn. Ebooks were credited as the …

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