Tag: financials

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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...
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Amazon profits fall yet shares jump 10%

Amazon missed analyst forecasts, seeing its net income drop 45% year-on-year to $97m in the fourth quarter of 2012, but saw its shares jump by 10% immediately afterwards.
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Apple’s last quarter: $54.5bn revenues, $13.1bn profit… Yet analysts unhappy

Shares in Apple fell 10% last night on the disastrous news that the company had posted record revenues of $54.5bn and a record net profit of $13.1bn in the final quarter of 2012 (the company’s fiscal Q1). Analysts were...
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Samsung on the up as HTC continues to struggle

Samsung and HTC revealed their 2012 financials yesterday.
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WMG financials reveal extent of its digital growth

Warner Music Group announced its financial results for the third quarter of 2012 (its fiscal Q4) last night, with overall revenues up 2% year-on-year to $731m, with digital up 15% to $241m as part of that – so 33% of the...
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Pandora was profitable in Q3, but analysts spooked by Q4 predictions

After a tough few months of royalty-based criticism, Pandora had some good news yesterday: a quarterly profit. The company reported its Q3 financials, with revenues up 60% year-on-year to $120m, and a net profit of $2.1m...
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Universal Music UK boss reveals streaming / sales stats for 2012

7.5bn music tracks have been streamed in the UK in 2012 so far, according to Universal Music UK boss David Joseph – a startling rise from the 1.1bn tracks that were streamed in 2011. Joseph revealed the figures in an interview...
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Apple posts strong quarterly financials as radio rumours reappear

Apple reported its fiscal Q4 financial results last night, and they were pretty strong. Revenues up 27% year-on-year to $36bn, net profits up 24% to $8.2bn, and a cash mountain of $121.3bn at the end of the quarter.
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7digital reveals new features and funding, publishes 2011 financials

It’s a busy week for British digital music firm 7digital, which announced some new features for its B2B platform, revealed $10m of new funding, and also published its financial results for 2011. The company says its...
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Spotify Ltd financials reveal narrowing losses

Spotify Ltd’s revenues grew from £63.2m in 2010 to 95.5m in 2011, while the company’s operating loss fell from £26.5m to £2.1m in the same period, according to accounts filed by the company in the UK. Subscriptions...
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Omnifone hails ‘first profit’ for its last financial year

B2B digital music firm Omnifone has announced financial results for the year ending 30 April 2012, reporting a 118% increase in revenues to £29.5m, and “its first profit as a company” of £3.8m on an EBITDA basis....
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Pandora breaks $100m revenue barrier in Q2 financials

Personal radio service Pandora has announced its financial results for Q2 2012, with revenues up 51% year-on-year to $101.3m. However, that wasn’t enough to steer the company into the black, as it posted a net loss...