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Intel reports record year, $54 billion in annual revenue

Intel have today reported a full-year revenue of an astounding $54 billion, with an operating income of $17.5 billion, net income of $12.9 billion, and EPS of $2.39. The thing associated with all of those huge numbers? They're all records. Intel had an amazing year in 2011.

 

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Intel generated approximately $21 billion in cash from operations, paid dividends of $4.1 billion and used $14.1 billion to repurchase 642 million shares of stock. Q4 2011 saw Intel post a revenue of $13.9 billion, operating revenue of $4.6 billion, net income of $3.4 billion and EPS of 64 cents. Q1 2012 has been good so far, with their business outlook mentioning revenue sitting at $12.8 billion, plus or minus $500 billion.

 

Full-year 2012 details are interesting, with stand-outs like Research & Development (R&D) expected to hit $10.1 billion. With Intel heading into the smartphone market, that $10.1 billion could go a very long way. With their lead bulldozing the CPU competition, Intel don't really even need to release something that much faster to stay on top. But, if they slow down, it might give AMD enough time to catch up.

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Kodak files for chapter 11 bankruptcy protection

Eastman Kodak, the 133-year-old iconic American company that invented the handheld camera, have filed for Chapter 11 bankruptcy protection. After years of losing profits, and responding slowly to the ever-changing market, bankruptcy seems to be their only way out.

 

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The move follows a long-term restructuring plan by chairman and CEO Antonio Perez, where since 2003, Kodak have closed 13 manufacturing plans, cut its worth force from 145,000 down to 17,000. 15 years ago, Kodak were valued at around $31 billion, its current value? Just $150 million.

 

Perez has said:

 

The Board of Directors and the entire senior management team unanimously believe that this is a necessary step and the right thing to do for the future of Kodak. Our goal is to maximize value for stakeholders, including our employees, retirees, creditors, and pension trustees. We are also committed to working with our valued customers.

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Amazon makes more than $100 per Kindle Fire sold

Amazon lose money on each Kindle Fire sold, as hardware and manufacturing costs of the Kindle Fire exceed its retail pricing, but somehow, Amazon aren't losing money on it. How does Amazon conduct this sorcery? Well, with every Kindle sold is another annuity revenue stream for the company, further strengthening its core retail business.

 

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According to RBC, each Kindle Fire generates more than $100 in additional income, which makes up for the $2-$3 that Amazon make per device. RBC Capital analyst, Ross Sandler, said in research notes to clients:

 

Kindle Fire unit economics are likely to be more favorable than consensus expectations, based primarily on frequency of digital goods purchases. Our assumption is that Amazon could sell 3-4 million Kindle Fire units in Q4, and that those units are accretive to company-average operating margin within the first six months of ownership. Our analysis assigns a cumulative lifetime operating income per unit of $136, with a cumulative operating margin of over 20 percent.

Continue reading 'Amazon makes more than $100 per Kindle Fire sold' (full post)

Microsoft reports record revenue, up 5% to $20.9 billion

Google had their turn just before, and now it's Redmond's turn. Microsoft have reported its second quarter 2012 earnings with record revenues of $20.9 billion, a 5-percent increase year-over-year. Microsoft's operating income, net income, and diluted earnings per share for the quarter were $7.99 billion, $6.62 billion, and $0.78 per share, respectively.

 

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Compared to last years results of $8.17 billion, $6.63 billion and $0.77, respectively. The Online Services division, which includes Bing, lost another $458 million and Entertainment, where Xbox lives, as well as Windows operating profits, were also down. COO, Kevin Turner said in a release:

 

In addition to the continued strength of our commercial business, this holiday season was the strongest in Microsoft history, thanks to good sales execution and compelling products like Xbox 360 and Kinect. We are seeing a lot of excitement for new devices, from Windows 7 Ultrabooks to new Windows Phones, as well as growing anticipation for Windows 8.

Google have activated 250 million Android devices, seen 11 billion apps downloaded from the Android Market

Google had their earnings call a little earlier, where they revealed their growth and revenue for Q4 2011. On top of this, Google CEO Larry Page said that there have been more than 250 million Android-based devices activated worldwide.

 

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On top of this insane number, more than 11 billion applications have been downloaded from the Android Market. Considering that back in October of 2011, Apple said they had sold 250 million iOS devices (which include the iPad and iPod Touch), this means that Google have caught up to Apple. Keep in mind that Apple have a two-year head start in the smartphone market.

 

Google have activated 50 million devices since its last earnings report back in October 2011. It'll be interesting to see where these numbers sit at this time next year, Google have so many handset makers wanting to one-up each other, where Apple just slowly release their products. I think Google will really overtake Apple within 6 months, within 12 months we should see a nice lead.

Google pass $10 billion revenue for Q4 2011

Google have released some financial results that might interest some, with Q4 011 and fiscal year ending December 31, 2011 being released. CEO of Google, Larry Page, says:

 

Google had a really strong quarter ending a great year. Full year revenue was up 29%, and our quarterly revenue blew past the $10 billion mark for the first time. I am super excited about the growth of Android, Gmail, and Google+, which now has 90 million users globally - well over double what I announced just three months ago. By building a meaningful relationship with our users through Google+ we will create amazing experiences across our services. I'm very excited about what we can do in 2012 - there are tremendous opportunities to help users and grow our business.

 

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$10 billion revenue for Q4 is very impressive, up 29-percent. Google reported revenues of $10.58 billion for the quarter ending December 31, 2011, an increase of 25-percent when compared to the same quarter in 2010. Google-owned sites generated revenues of $7.29 billion, or 69-percent of total revenues. This is an increase of 15-percent year-over-year. Google's partner sites generated revenues of $2.88 billion, or 27-percent of revenues. This too is a 15-percent increase year-over-year.

 

International revenues made outside of the United States came to a total of $5.6 billion, representing 53-percent of total revenues for Q4 2011, compared to 55-percent in the third quarter of 2011, and 52-percent from Q4 2010.

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SOPA protests on-going today, what are your thoughts?

Bit of a mix-up for the news today. The SOPA protests are on today, and have been for quite a few hours now, with Wikipedia, Google, Reddit and other sites all either showing a protest, or completely going dark for 24 hours.

 

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The protest is of course in regards to SOPA, the Stop Online Piracy Act which Congress were debating. On top of this, there is PIPA, the Protect IP Act. Today marks a big day for not only the Internet, but you, me, and everyone in between. If SOPA is to get in, it is more or less the end of the Internet as we know it. It would still exist, but it would be heavily modified. Think of it like, if the Internet servers were in two places, North Korea and China, with a huge firewall, and if the dummies in Congress were the managers, and the MPAA gave out some requirements.

 

Yes, that's a little over-exaggeration, but it's pretty close. This news is just a "we here at TweakTown oppose SOPA/PIPA and any other stupid bill Congress want to push upon the people", and a bit of a tip in case anyone has missed previous news posts in regards to SOPA and PIPA on our site.

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iPhone 4S has helped Apple gain ground against Android

Nielsen have just posted their latest figures on smartphone sales in the U.S. and it shows that Apple's latest iPhone 4S helped claw back some much needed ground against the constant onslaught of Android-powered phones. In the last three months of 2011, roughly 45-percent of U.S. shoppers who purchased a new smartphone, chose an iPhone.

 

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This is up 25-percent from the previous quarter. Android sales were 47-percent, down from a smackdown of 62-percent in the previous quarter. Apple's sales numbers were slipping as people were waiting for the new iPhone to launch, where Google were seeing strong sales thanks to Samsung's Galaxy S II. Apple also dropped pricing on the 3GS to zero up-front when purchase on contract, and introduced an 8GB iPhone 4 for just $100.

 

RIM's BlackBerry is still here, taking third spot, but seeing its share drop from 7.7-percent to just 4.5-percent in Q4 2011. This is quite worrying as RIM just released the Bold, Curve and Torch models.

Symantec acquire LiveOffice for $115 million

Symantec has acquired archiving company LifeOffice, in a deal worth $115 million. Symantec increases its cloud-computing power to fight the battle and be more of an on-premise and software as a service (SaaS) company. Most traditional enterprise-software companies are scooping up cloud-based companies, with SAP purchasing SuccessFactors, and Oracle taking RightNow.

 

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Symantec said in a statement that it will use LiveOffice to bolster its information-governance unit, as LiveOffice provides a cloud-based archiving system. LiveOffice and Symantec were partners before the deal, which it has now fused into one.

Continue reading 'Symantec acquire LiveOffice for $115 million' (full post)

Research in Motion pushing Samsung to buy them, Samsung refuse

Research in Motion, which I'm sure you are aware are popular for their BlackBerry devices, have been going through some rough times lately. I'm sure virtually everyone working at RIM hate Apple and Google for coming in and creating something which took off quickly, and continues to grow at unprecedented rates. I'm talking of iOS and Android-powered devices.

 

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RIM have slowly been sinking and it's been reported that they are eyeing off every single option they can think of, "in an effort to reverse a negative trend that is approaching a boiling point for investors," says BGR. RIM have reportedly favored an all-out purchase of one or more divisions, or even the entire company. RIM want Samsung to do it, but just after the story went to air, Samsung denied it.

 

Samsung didn't just slap RIM and walk away, as they are considering licensing RIM's software, or purchasing a portion of RIM's assets. This is better than nothing for RIM.

Continue reading 'Research in Motion pushing Samsung to buy them, Samsung refuse' (full post)

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