Samsung Reports Q4 Earnings – Over $8 Billion in Profit, Thanks in Part to Galaxy S3 and Note 2

samsung q4 2012

Samsung released its Q4 2012 financials last night and as expected, was another massive quarter. They took in revenues of roughly $52.45 billion and a profit of approximately $8.27 billion. Yep, that’s a lot of money. This numbers mark a 7-percent and 10-percent quarter-by-quarter increase, respectively.

Also as expected, Samsung pointed out that this stellar quarter happened because of their mobile communications side and the Galaxy S3 and Galaxy Note 2 that were released this year and pushed mightily during the holiday quarter.

Samsung’s LED TV and  semi-conductor businesses were also up, while their panel business saw a slight decline.

Full press release is below. Here is the presentation(more…)

Google Announces Q4 Numbers – Revenues of $14.42 Billion, Up 36% Year-on-Year

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Google just released its Q4 2012 financials, a move typically done before their live webcast of the same information. The report mentions that revenues hit $14.42 billion for the quarter (not counting Motorola), which puts them up 36% year-on-year and 8% quarter-on-quarter. They also hit $50 billion in revenue for the first time, which Larry Page called “not a bad achievement in just a decade and a half.”

There is a minor mention of Motorola in that mobile revenue was $1.51 billion. Google has about $48.1 billion in cash.

The live webcast of the Q4 numbers starts at 1:30PM Pacific. Listen here(more…)

Verizon Reports Q3 Earnings – Double-Digit Earnings Growth and Sells 4.5M 4G LTE Devices

Verizon released their Q3 2012 earnings report early this morning, announcing that this is their third consecutive quarter of double-digit earnings growth. They posted a record-high margin for their wireless business, and saw continued growth in wireline. If it’s not obvious, yes, Verizon had another great quarter.

On the wireless side of things, Verizon added 1.8million subscribers, 1.5million of which were postpaid connections. Their 4G LTE network now covers more than 250 million people in 419 markets. They sold 6.8 million smartphones, 79% of which were to postpaid customers. Verizon managed to sell a total of 4.5million LTE devices, a number that probably includes tablets and a week’s worth of iPhone 5 sales. Thanks to all of those LTE sales, more than 35% of their total data traffic now takes place on the 4G LTE network.

The full press release, for all of the dirty Q3 details, is below.  (more…)

Verizon Q2 Bullets: Sold 2.9 Million Android Phones, 2.7 Million iPhones, Mid-2013 Full LTE Rollout, Share Everything a Hit

 

Verizon announced their Q2 2012 earnings this morning, which included a 50-minute earnings call with CFO Fran “ShamWow” Shammo. We are about half way through it, but wanted to start up this post to share some of the bits of info that you may not find in the actual press release. We like numbers and future predictions and there are no better places to find them than during a quarterly earnings call.  (more…)

Verizon Reports Q2 Earnings – Revenues Continue to Grow, 50% of Wireless Customers on Smartphones

Verizon released their Q2 2012 earnings report this morning, and as expected, includes a bunch of positive numbers for the communications giant. We mostly care about the wireless side of the business, so on that note, they reported 7.3 percent year-over-year increase in service revenues, 8.6 percent year-over-year increase in retail revenues, and data revenues that were up 18.5 percent year-over-year. They added 1.2 million retail net customers, which includes 888,000 postpaid customers. They now have 94.8 million retail customers, 88.8 million of which are postpaid.

On the non-boring financial and customer count side, they also announced that 50% of their customers now use a smartphone. Over the last couple of years, Verizon has made it increasingly difficult to find feature phones. Their goal is get you onto a smartphone, so that you have to buy extra data packages and other high-priced features. It’s working, alright. Can you imagine life without a smartphone?  (more…)

Motorola Posts Another Loss for Q1 2012, Ships 5.1 Million Smartphones

Boy, do we miss the days when Motorola CEO Sanjay Jha would jump on their quarterly earnings calls and start rambling about phones on the horizon and other products that weren’t supposed to be spoken of publicly. Those times are long gone though, as Google tries to wrap up their acquisition of the company and Jha’s standing remains in question (is he in or out?). Moto and Google no longer hold calls to talk about the company and the releases aren’t any fun with losses being reported on the regular.

For Q1 2012, Motorola shipped 5.1 million smartphones (shipped, not sold) and brought in revenues of $3.1 billion with an operating loss of $121 million. This of course, comes on the heels of Samsung’s record quarter where they took over the #1 mobile phone maker in the world title from Nokia.

As far as that acquisition is concerned, Google and Motorola hope to finalize everything by the end of the the first half of this year. We are still waiting for China to sign off on it.

The full earnings statement can be found at Motorola’s investors site.