Tis the season to be jolly (or not) about Christmas-quarter results, as various big tech companies announced their Q4 financials. Google reported quarterly revenues of $16.86bn, a decent year-on-year rise, with $3.37bn in net income. The company’s handset division, Motorola, which is being sold to Lenovo, generated $1.24bn of revenues but posted a loss of $384m in the quarter. Meanwhile, Amazon reported quarterly revenues of $25.59bn and a net profit of $239m, missing analyst estimates and seeing 10% wiped off its share price as a result. The company said its sales were up 20% in 2013 as a whole, as it invested heavily in new products and back-end infrastructure.

EarPods and phone

Tools: platforms to help you reach new audiences

Tools: Kaiber

In the year or so since its launch, AI startup Kaiber has been making waves,…

Read all Tools >>

Leave a comment

Your email address will not be published. Required fields are marked *