Tag Archives: Quarter

More than a quarter of Russians supportive of Prague Spring suppression by Soviets

About a quarter of Russians believe the Soviet authorities were right to order the suppression of the 1968 Prague Spring uprising with military force – while 13 percent feel the actions were a mistake, a recent poll has shown. According to the results of the research conducted by the Public Opinion endowment, 34 percent of Russians understand the history of ...

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Tesla loses $717.5mn in Q2, breaking own record from previous quarter

Electric car maker Tesla has racked up a record $ 717.5 million net loss in the second quarter of 2018, twice the previous year’s number. Embattled CEO Elon Musk promised to plug the loss gap with a massive production increase. Tesla, which has posted profit only in two quarters since becoming a public company eight years ago, broke another record ...

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Apple nears a $1 trillion market cap as it clears another quarter ahead of expectations

Apple is inching closer and closer to becoming a $ 1 trillion company today after posting third-quarter results that beat what analysts were expecting and bumping the stock another few percentage points — which, by Apple standards, is tens of billions of dollars. The company’s stock is up around 2.5 percent this afternoon after the report, which at a prior ...

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Microsoft caps off a fine fiscal year seemingly without any major missteps in its last quarter

Microsoft is capping off a rather impressive year without any major missteps in its final report for its performance in its 2018 fiscal year, posting a quarter that seems to have been largely non-offensive to Wall Street. In the past year, Microsoft’s stock has gone up more than 40 percent. In the past two years, it’s nearly doubled. All of ...

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Russia’s ban on non-food alcohol sales reduces poisoning deaths by a quarter

The number of deaths caused by tainted alcohol poisoning has fallen by 25 percent since Russian authorities imposed a ban on the sale of alcohol-containing non-food products, the government consumer rights watchdog has reported. The press service of the Rospotrebnadzor agency told TASS that there were 677 alcohol poisonings over the New Year holidays in 2018, compared to 1,800 during ...

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HTC had a terrible holiday quarter

Smartphone and VR headset maker HTC has published its consolidated results for Q4 2017 — and it makes for grim reading. The topline figures are: Flat quarterly revenue of NT$ 15.7 billion (~$ 540M) with gross margin of -30.8% Quarterly operating loss of NT$ 9.6 billion (~$ 330M) with operating margin of -60.8% Quarterly net loss after tax: NT$ 9.8 ...

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Apple saw $5.5 billion in revenue from AirPods, Watches, TVs and other products last quarter

Other than its iPhones and computers, Apple sells a bunch of other products, like the AirPods, Apple Watch, Apple TV, Beats products, iPod Touch and, most recently, the HomePod. In Q1 2018, Apple saw $ 5.5 billion in revenue for these other products, an increase of 36 percent year over year. That increase suggests Apple’s Watch Series 3, which it ...

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Amazon reports nearly $2 billion in profit, blowing past Wall Street expectations for holiday quarter

Amazon reported quarterly financials after the bell Thursday for its fourth quarter, the all-important holiday season for the e-commerce giant. And its numbers had some people doing a double take, after earnings per share came in at $ 3.75, more than double the $ 1.85 that analysts surveyed by Yahoo Finance were estimating.  Net income was $ 1.9 billion for the ...

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Microsoft’s Azure revenue nearly doubled year-over-year in its second quarter

Microsoft posted a relatively good second quarter this year that continued the ongoing process of its growth into a major cloud entity, in addition to saying it would be taking a significant charge as part of changes to U.S. tax law. In particular, Microsoft said that its Azure revenue grew 98 percent year-over-year — a long-running theme alongside many other ...

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Nearly a quarter of world’s bitcoins may be lost forever

Published time: 2 Jan, 2018 05:36 Missing out on bitcoin’s wild rally may not be the worst thing in the world. You could be sitting on a fortune unable to access it. Data shows up to 23 percent of bitcoins currently in circulation may be lost forever. Read more It is impossible to say exactly how many bitcoins are being ...

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