Financial Results
Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the company in some fashion, with Intel planning to cut spending on R&D, marketing, administration, and capital expenditures. The most significant of these savings will come from a planned 15% reduction in force, which will see Intel lay off 15,000 employees over the next several months – thought to be one of Intel’s biggest layoffs ever. In an email to Intel’s staff, which was simultaneously published to Intel’s website, company CEO...
AMD Announces Q4 2016 Earnings
This afternoon, AMD announced their fourth quarter earnings for the 2016 fiscal year. 2016 was a challenging year for AMD, as they continue to expand their business away from...
34 by Brett Howse on 1/31/2017
Apple Announces Record Q1 2017 Results
Today Apple announced their earnings for the first quarter of their 2017 fiscal year. As is normally the case now that the iPhone has moved to a fall launch...
23 by Brett Howse on 1/31/2017
Microsoft Announces Q2 FY 2017 Results
This afternoon, Microsoft had its earnings announcement for the second quarter of their 2017 fiscal year. The results for this quarter are the first to contain results from their...
7 by Brett Howse on 1/26/2017
Intel Announces Record Quarterly Revenue And Full-Year Revenue For Q4'2016
This afternoon, Intel announced their quarterly earnings for the fourth quarter of their 2016 fiscal year. Intel set a new record for revenue for this quarter, coming in at...
20 by Brett Howse on 1/26/2017
NVIDIA Announces Record Q3 FY 2017 Results
Today NVIDIA announced their fiscal earnings for the third quarter of their 2017 fiscal year (and yes, that’s not a typo). NVIDIA has cracked the $2 billion mark for...
44 by Brett Howse on 11/10/2016
AMD Announces Q3 2016 Financial Results
Today AMD announced their third quarter earnings for the fiscal year 2016. Revenue was up to $1.307 billion, up 23% from a year ago. However their operating income...
19 by Brett Howse on 10/20/2016
Intel Announces Q3 FY 2016 Earnings: Record Quarterly Revenue
Earlier this week, Intel announced their earnings for the third quarter of their 2016 fiscal year, and the company achieved new records across their business lines, resulting in a...
16 by Brett Howse on 10/20/2016
NVIDIA Announces Record Revenue For The Second Quarter Of Fiscal Year 2017
This afternoon, NVIDIA announced their quarterly earnings for the second quarter of their 2017 fiscal year, which ended July 31. NVIDIA had record revenues for the quarter, coming in...
67 by Brett Howse on 8/11/2016
Apple Announces Q3 FY 2016 Results: App Store Up, Hardware Down
Today Apple announced their third quarter results for their fiscal year 2016. Much like last quarter, Apple has struggled to maintain the sales pace of the iPhone 6s, compared...
56 by Brett Howse on 7/26/2016
AMD Releases Q2 FY 2016 Financial Results
This afternoon, AMD announced their second quarter earnings for the 2016 fiscal year. It’s been a while, but AMD finds itself in the black for this quarter, with higher...
42 by Brett Howse on 7/21/2016
Intel Announces Q2 FY 2016 Earnings
In addition to the interesting tidbit about Kaby Lake, Intel also found time today to announce their second quarter earnings for fiscal year 2016. Revenue was up 3% year-over-year...
5 by Brett Howse on 7/20/2016
Microsoft Announces FY 2016 Q4 Results
Microsoft announced their fourth quarter results for their fiscal year 2016. For the quarter, Microsoft had revenues of $20.6 billion, which is a 7% decline compared to Q4 2015...
20 by Brett Howse on 7/19/2016
NVIDIA Announces Q1 FY 2017 Results: Strong Growth In All Segments
Much of the PC industry has been reporting less than strong results, with declines in PC unit sales leading to lower earnings for many of the big players such...
36 by Brett Howse on 5/12/2016
Apple Announces Q2 Fiscal Year 2016 Results: iPhone Sales Slowed But Services Gain
This afternoon, Apple released their Q2 earnings for fiscal year 2016, which ended on March 26. The company saw revenues decline for the first time since Q1 2003, according...
41 by Brett Howse on 4/26/2016
Microsoft Announces Q3 FY 2016 Results: Lower Revenue But Strong Cloud Growth
Today Microsoft also announced their earnings for the third quarter of their 2016 fiscal year. Revenue, income and earnings were all down compared to Q3 2015, with revenue for...
16 by Brett Howse on 4/22/2016
AMD Reports Q1 FY 2016 Results: Lower Revenue But New IP Licensing Agreement Reached
AMD announced their first quarter results from fiscal year 2016. AMD has certainly been struggling of late, but CEO Lisa Su made the announcement that AMD had made a...
21 by Brett Howse on 4/21/2016
Intel Announces Q1 Fiscal Year 2016 Results: Lower Margins Prompt Workforce Adjustments
It was only last quarter that Intel reported record revenues for a Q4 in the company’s history, and only three months later the company is making dramatic cuts to...
40 by Brett Howse on 4/19/2016
Intel Announces Major Workforce Restructuring: 11% of Workforce to Be Cut Over Next Year
Ahead of today’s Q1 2016 earnings release and call, Intel has announced that they are going to be cutting a significant number of jobs over the next year. The...
49 by Ryan Smith on 4/19/2016
NVIDIA Announces Q4 FY 2016 Results: Record Quarter And Record Year
This afternoon, NVIDIA released their financial results for the fourth quarter of their 2016 fiscal year, and the company had not only a record quarter, but also a record...
14 by Brett Howse on 2/17/2016
Microsoft Releases Q2 FY 2016 Results: Lower Results Despite Cloud Growth
Today Microsoft released their earnings for quarter two of fiscal year 2016, which ended on December 31. Despite solid growth in their cloud platforms, the PC slowdown and world...
13 by Brett Howse on 1/28/2016
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