Pandora posts record revenues and ditches 40-hour free mobile listening cap
It was quarterly results time for personal-radio service Pandora last night, with the company reporting record revenues of $157.4m, up 55.4% year-on-year. However, Pandora still isn't profitable: its net losses grew 43.8%...
August 23, 2013
Spotify in 2012: revenues of $577.1m and a net loss of $77.9m
Streaming music service Spotify has published its latest financial results in Luxembourg, revealing strong growth in revenues for 2012 but an increase in the company's net losses. Spotify's revenues were €434.7m (around...
July 31, 2013
Facebook financials show booming mobile usage – and revenues
It's a big week for big-tech financial results, with Facebook the latest to declare its numbers last night. The social network reported Q2 revenues of $1.81bn, up 53% year-on-year, plus a net profit of $333m compared to a...
July 25, 2013
Apple financials reveal iTunes Store’s $4.3bn quarter
Apple announced its latest quarterly financial results last night, beating analyst predictions with $35.3bn of revenues and a $6.9bn net profit. This time last year, those figures were $35bn of revenues and $8.8bn of net...
July 24, 2013
Google revenues up 19% but analysts not so keen
Google reported its latest financials yesterday, with $14.1bn in revenues (up 19% year-on-year) and a net profit of $3.2bn (up 15.8%).
July 19, 2013
Facebook financials show mobile progress and more users
Facebook published its financial results for the first quarter of 2013 last night, and got a warm reception from Wall Street. Revenues rose 37.8% year-on-year to $1.46bn for the quarter, with the social network recording...
May 2, 2013
Shazam’s last financial year saw losses of £3.3m
Shazam revealed revenues rising 39.8% year-on-year to £21.81m, but net losses growing from £619k in Shazam's 2011 financial year to £3.3m in its fiscal 2012.
April 30, 2013
Profits may be down, but Apple isn’t crumbling just yet
Apple's announcement last night of its latest quarterly financials came as something of a relief, given the overheated speculation about the numbers in recent weeks. Here are the key figures for the first quarter of this...
April 24, 2013
Pandora: Net losses grow, CEO leaving, but shares soar nonetheless
Personal radio service Pandora has endured some rocky times since its IPO in 2011, but its latest quarterly financial results are being seen as a bright spot – even though losses increased year-on-year. Pandora reported...
March 8, 2013
Aspiro results reveal the costs of WiMP streaming music service
Aspiro has published its latest year-end financial report for 2012, revealing Q4 net sales down 5.4% year-on-year to SEK 67.8m ($10.7m). However, they include a deeper dive into the performance of its music division's...
February 13, 2013
Zynga financials reveal increasing mobile focus
Zynga posted $311m of revenues and a net loss of $48.6m for the final quarter of 2012, with analysts broadly pleased at the results.
February 6, 2013
Facebook’s financials show it’s now ‘a mobile company’
You won't find a single mention of music in Facebook's quarterly financial-results announcement or the ensuring analyst call, but both are worth reading for an understanding of how the social network evolved in 2012, and...
January 31, 2013