Tag Archives: Q22013

Lenovo Q2 earnings reveal record high sales of $8.7 billion, highest-ever PC market share

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Lenovo Q2 earnings reveal record high sales of $87 billion, highestever market share

PC maker Lenovo has reported its earnings for Q2, and there was plenty of good news: $8.7 billion in sales, a record high, a PC market share of 15.6 percent, it's largest ever and operating profit of $206 million, 24 percent higher than the same period last year. The only bad news is that profit growth is slower than previous quarters, mostly due to Lenovo's reaching into new markets like tablets, smartphones and connected TVs. for now however, Lenovo can claim the crown as world's largest laptop PC maker, while desktop sales were also up five percent from last year. Its mobile internet division reported sales of $718 million, and is the second largest seller in China of smartphones and tablets. It's also China's number one PC vendor with sales outpacing the next four vendors combined and racked up double digit market share in the EMEA region for the first time. Check the press release after the break for all of the details, we'll be back in a few months to find out how all that new Windows 8 hardware sold.

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Lenovo Q2 earnings reveal record high sales of $8.7 billion, highest-ever PC market share originally appeared on Engadget on Thu, 08 Nov 2012 00:44:00 EDT. Please see our terms for use of feeds.

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Nikon nudges Q2 net earnings to $203 million, DSLRs and Nikon 1 get all the credit

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Nikon might be treading water in Q2 2013 (its fiscal year is time-shifted) with a slight gain to $203 million from Q1, but in the current imaging market climate, that's not necessarily a bad thing. Revenue fell $200 million to $3 billion for the period, which Nikon chalked up to a "sluggish" economy and poor performance in its business, chip and science divisions, along with a rapidly shrinking compact camera market (smartphones, anyone?). Fortunately, the company fared better in the interchangeable lens game, singling out the Nikon 1 mirrorless brand as a "solid performer" as well as its popular DSLR line. Nikon predicts more of the same for the rest of the year, with interchangeable lens camera sales growing while other divisions waffle, resulting in a $750 million profit for the year -- a mirror-image of 2012.

[Image credit: Wikimedia Commons]

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Nikon nudges Q2 net earnings to $203 million, DSLRs and Nikon 1 get all the credit originally appeared on Engadget on Fri, 02 Nov 2012 03:34:00 EDT. Please see our terms for use of feeds.

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Panasonic shows $613 million operating profit for Q2, but lowers full year projections

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The good news for Panasonic in its Q2 earnings release is that it managed to record a 48.8 billion yen ($613 million) operating profit, higher than last year. The bad news however is word of falling sales in its TV business, although we're not hearing any confirmation of changes in its plans for mobile phones. New CEO Kazuhiro Tsuga is working a new restructuring plan that should help return divisions like its one for TV to profitability, but there will be costs upfront. The company revised its operating profit prediction for the year to 140 billion yen ($1.76 billion) based on the slower sales, and still is looking at a net loss for the year of 765 billion yen ($9.6 billion) due to deferred tax assets. Hopefully any cost-cutting doesn't affect the quality of its Viera HDTV brand, but Panasonic will have to figure out some way to turn those stellar reviews into overall profits, even as the market continues to shrink. Our suggestion? Get some of those 8K Super Hi-Vision plasmas to market, ASAP.

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Panasonic shows $613 million operating profit for Q2, but lowers full year projections originally appeared on Engadget on Wed, 31 Oct 2012 04:16:00 EDT. Please see our terms for use of feeds.

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Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit

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Dell reports Q2 earnings rakes in $145 billion of revenue, nets $732 million in profit

After a couple of down quarters in a row, Dell needed to come out strong in Q2 of fiscal year 2013. Well, it's probably not as glowing a quarter as the company was hoping for, but a slight rebound in profits from last quarter should give it something to smile about. Revenue was up roughly $100 million sequentially, which translated into an equal amount of additional profit. After netting just $635 million in income during Q1, Dell banked $732 million in Q2 of 2013. Year-over-year, however, things are a little less rosy. Revenue was down eight percent and net income a worrisome 18 percent. Still, while its consumer arm continues to struggle (where revenue is down 22 percent), its enterprise services division continues to grow, raking in $4.9 billion this quarter -- up six percent from the same time last year and matching its previous record. The company expects revenue to continue to fall next quarter, but expects good things from it Enterprise Solutions, Services and Software division going forward. For more financial particulars check out the PR after the break.

Update: Dell's slide deck -- partially shown above -- unsurprisingly points out that Windows 8-based Ultrabooks, all-in-one desktops and tablets are on deck, but it also mentions a mysterious "converged device" segment as well. Hmm.

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Dell reports Q2 earnings: rakes in $14.5 billion of revenue, nets $732 million in profit originally appeared on Engadget on Tue, 21 Aug 2012 16:18:00 EDT. Please see our terms for use of feeds.

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