Financial Results
Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch almost every corner of the company in some fashion, with Intel planning to cut spending on R&D, marketing, administration, and capital expenditures. The most significant of these savings will come from a planned 15% reduction in force, which will see Intel lay off 15,000 employees over the next several months – thought to be one of Intel’s biggest layoffs ever. In an email to Intel’s staff, which was simultaneously published to Intel’s website, company CEO...
Intel Reports Q1 2015 Earnings: Lower PC Sales And Higher Data Center Revenues
Intel released their Q1 2015 earnings today. The company posted revenues of $12.8 billion USD for the quarter which is down 13% from Q4 2014, and flat year-over-year. Gross...
11 by Brett Howse on 4/14/2015NVIDIA Releases Q4 FY 2015 And Full Year Results: Record Revenue For Quarter And Full Year
NVIDIA released their earnings report for the fourth quarter of their fiscal year 2015, which ended January 25th, 2015. FY 2015 was a record for the company, with revenues...
61 by Brett Howse on 2/11/2015Apple Q1 FY 2015 Financial Results: Record iPhone Sales Drive Record Earnings
Apple announced its earnings today for their first quarter of fiscal year 2015, with the quarter ending on December 27th 2014. This was a huge quarter for them, with...
30 by Brett Howse on 1/27/2015Microsoft Q2 FY 2015 Financial Results: 8% Revenue Gain
Microsoft released their second quarter results from fiscal year 2015 today. The holiday quarter saw an 8% rise in revenue over 2014, coming in at $26.47 billion last quarter...
12 by Brett Howse on 1/26/2015AMD Reports Q4 FY 2014 And Full Year Results
AMD president and CEO, Dr. Lisa Su, announced the company’s Q4 results, with revenue for the quarter coming in at $1.24 billion, with a gross margin of 29%. Earnings...
108 by Brett Howse on 1/20/2015Intel Reports Record Q4 And Full Year Revenue
Intel released their Q4 FY 2014 results today, and they capped a record year with another record quarter. Revenue for Q4 came in at $14.7 billion, up 6% year-over-year...
38 by Brett Howse on 1/15/2015