Japanese company Nintendo released an earnings report, disappointing analysts with $4.8 billion in revenue and $1.4 billion in operating profit, which was forced to decline compared to initial forecasts. But in the last quarter, the Switch overtook...
finance
The savings chronicle of the new owner of the social network Twitter Elon Musk (Elon Musk) has been followed with bated breath since the end of October. By some estimates, he has reduced the company’s workforce by a factor of three, and the...
As it was announced this week, Sony sold 7.1 million PlayStation 5 gaming consoles last quarter, which is quite a successful result for a device launched two years ago. The company was so excited by the quarter’s results that it raised its...
With over 60% of Qualcomm’s revenue coming from chips for mobile devices last quarter, the company’s earnings report offers a glimpse of what’s happening in the smartphone market. Revenue in this division fell 18% to $5.75 billion...
After Samsung Electronics, the second largest South Korean manufacturer of memory chips, SK hynix, published a quarterly report. The company’s operating losses reached $1.4 billion, which updates the anti-record for the entire existence of...
AMD finished the most recent quarter with revenue up 16% to $5.6 billion, though investors were expecting a more modest result. At the same time, it was noted that revenue could have been even higher, but fell by 51% in the customer segment and by...
Intel Corporation did not hesitate further with the publication of the annual report Form 10-K, studying this document allowed her, in the chase, to understand what problems she has in the financial sector due to the need to increase capital...
Ahead of the main US trading session, the quarterly report released by Intel slashed the market value of the company’s shares by nearly 10%, but ended Friday down 6.41%. In any case, Intel’s capitalization fell by $8 billion overnight...
The drop in demand in many key markets for Intel’s business has already caused production utilization rates to drop, according to company management, which will immediately drop its profit ratio by four percentage points to 39% in the current...
Intel’s numbers continue to slip: The revenue decline accelerated to 32% and will continue to worsen
According to official statistics, Intel Corporation’s quarterly revenue fell by almost a third last quarter. Revenue for full-year 2022 fell 20% to $63.1 billion. This year will also be difficult, as Intel management expects, but at the same...
The Dutch holding remains the main supplier of advanced lithography scanners used in semiconductor chip production. In the past quarter, the company posted sales of 6.43 billion euros and net income of 1.82 billion euros, beating analysts’...
The social network Twitter generated up to 90% of its revenue from advertising on its pages in the year before last, but at the end of October 2022 the company fell under the control of Elon Musk, who scared off some advertisers with his...
At the end of October, Elon Musk became the nominal owner of Twitter, but the funds belonging to him and other investors did not fully cover the value of the social network’s assets, so the company had to take out a loan of $ 12.5 billion at a...
This week, Taiwanese company TSMC opened its earnings season, and its status as a leader in custom chip manufacturing services allows it to adequately forecast trends characteristic of the entire semiconductor industry. Management forecast a 4%...
Taiwanese contract chipmaker TSMC said last quarter that weak demand for its PC and smartphone products is forcing it to cut its capital expenditure by 10% to $36 billion in 2022 current year will not exceed 32 billion US dollars in a pessimistic...
Last Friday, Samsung Electronics admitted that its operating profit for the most recent quarter could have fallen 69% year-on-year based on preliminary data. Fourth-quarter earnings were worse only in 2008, as the global financial crisis raged. At...
Industry analysts yesterday attempted to forecast preliminary fourth-quarter results for Samsung Electronics, but the reality turned out to be worse than expected as the company’s own estimates resulted in a 69% fall in operating profit to $3...
Estimated analysts, Korean Samsung Electronics’ operating profit for the most recent quarter should decline 50-58% year-on-year to a six-year low, a range of $4.62 billion to $5.64 billion equivalent. The situation in the storage market will...
Last week, Elon Musk, who took over Twitter at the end of October, announced the current number of employees on the social network, which is just over 2,000 people. Before the transaction, the company employed 7,500 people. The scale of cost savings...
The decline in demand for semiconductor products in the current year can be seen in the reports from many companies in the industry, but the unfavorable development is also confirmed in the official statistics from the authorities. For example...
