revenue

Samsung Electronics's third-quarter earnings and sales both grew, but the company is anticipating weaker results for the fourth quarter.

For the quarter ended September 30, the Korean electronics firm took in a profit of 4.46 trillion won ($3.97 billion), a gain of 17 percent from the 3.81 trillion won earned in the year-ago quarter. Revenue grew by 12 percent to reach 40.23 trillion won, topping the previous quarterly sales record of 39.25 trillion won from 2009's fourth quarter.

The company attributed its solid results to a strong showing from its semiconductor unit, which … Read more

Adobe might be feeling pressure from Apple, but the company is still performing relatively well financially.

Adobe announced today that it expects its fourth quarter revenue to be in line with its targets. With five weeks left to go in the quarter, which ends on December 3, the company expects to generate $950 million to $1 billion in revenue. It also plans to have earnings per share of $0.35 to $0.41 when it officially releases its fourth quarter earnings on December 20.

And it expects next year to be a good one, too. The company believes its 2011 … Read more

AMD said today that it expects revenue for the third quarter to be lower than the previous quarter. This comes on the heels of Intel's warning in August.

The Sunnyvale, Calif.-based chipmaker's terse release said revenue in its third quarter, ending September 25, will be in the "range of down one to four percent as compared to revenue of $1.65 billion for the quarter ended June 26, 2010."

"The sequential decrease is due to weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America," the company … Read more

The video game industry's months-long slump continues, with retailers scoring their worst August sales figures in four years.

Revenue from the retail sales of games and consoles in the U.S. was $818.9 million in August, a drop of 10 percent compared with the year-ago period, according to a report released Thursday by The NPD Group. Year-to-date sales revenue was $8.37 billion, a drop of 8 percent compared with the same period for 2009, NPD said.

Revenue from the sale of video game software was $403.5 million, a drop of 14 percent compared with August 2009. … Read more

Intel said Friday that its third-quarter revenue will be below the company's prior outlook.

The world's largest chipmaker now expects third-quarter revenue to be $11 billion, plus or minus $200 million, compared with the previous expectation of between $11.2 and $12 billion.

Revenue has been squeezed by weaker than expected demand for consumer PCs in "mature" markets, but inventories across the supply chain appear to be in-line with the company's revised expectations, Intel said.

That jibes with a cautious forecast for the third quarter from IDC. The market researcher said last week that global … Read more

Confirming a bunch of disparate blog rumors about individual hires, Twitter confirmed on Tuesday--after previously declining to comment--that it's building out a sales team and has hired a News Corp. veteran to helm it.

Adam Bain, previously serving as the head of News Corp.'s Fox Audience Network (the conglomerate's unit for online advertising operations, technology, and sales; prior to that, Bain had been News Corp. chief technology officer) has joined Twitter with the lofty title of "president of global revenue." The ambiguity of the title reflects the fact that Twitter eventually wants to look beyond … Read more

Retail sales of video games in the United States dipped in July, but the industry is showing signs of recovery.

Revenue from video games sales was $846.5 million, down 1 percent from the same month last year, according to a report release released Thursday by The NPD Group. Year-to-date sales were down 8 percent compared with last year. The No. 1 seller in July was Electronic Arts' NCAA Football 11, which sold 368,000 copies for the Xbox 360 and 298,800 copies for PlayStation 3.

Those numbers exclude sales of Starcraft II, which is classified as a PC … Read more

Revenue for chipmakers could reach $310 billion this year, helping the industry reach a record in sales growth, according to a report released Tuesday by iSuppli.

Stronger prices and ongoing demand for smartphones and flat-panel TVs will be the two driving forces behind the surge in sales, iSuppli said. The record revenue would represent a gain of 35 percent from 2009, better than expected and higher than iSuppli's May forecast of 31 percent growth.

"The semiconductor market already was in for beefy growth in 2010 because of strong consumer demand for electronic products," Dale Ford, senior vice … Read more

Motorola turned in a solid second quarter, with both revenue and earnings outpacing analysts' expectations.

The company also said it foresees good results for the current quarter, in part on the expected strength of sales of its new Droid X smartphone, which went on sale in mid-July and quickly sold out at many stores.

"The Droid X launch has been very well received," said Sanjay Jha, Motorola co-chief executive officer and CEO of Motorola Mobility, in a statement. "As we continue to execute on our business strategy, we are in a strong position to continue improving our … Read more