BlackBerry reported a net profit of US$1.9 million during the first quarter, compared to a net loss of US$41.4 million a year earlier.
Apple has released its earnings report for fiscal Q2 2025, reporting $95.4 billion in revenue during the three-month period.
Apple today announced financial results for its fiscal 2024 fourth quarter ended September 28, 2024, posting quarterly revenue of $94.9 billion.
BlackBerry reported a net loss of US$19 million in its second quarter, with revenue for the quarter US$145 million, just up from US$144 million during the same quarter last year.
BlackBerry reported a net loss of US$42 million for its first quarter, as its revenue also fell significantly from a year ago.
Apple beat analysts' estimates thanks to the company's rapidly growing services revenue, but the company's 2024 fiscal year showed another drop in iPhone sales.
Samsung said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year amid recovering chip prices and growing demand, notably for generative AI.
BlackBerry reported fourth-quarter FY24 results today, reporting revenue of $173 million, beating the consensus of $154.8 million. Analysts were expecting an adjusted loss of $0.04 per share on $154.2M in sales.
Apple turned in another record quarter in its services business, as strong iPhone 15 sales boosted total revenue 2% in the last three months of 2023.
Shares of BlackBerry were down 13.5 per cent after the company released its latest quarterly results and its new chief executive said he has his eye on cutting costs.
Apple reported record fourth-quarter (ended Sept. 30) services revenue of $22.3 billion, up more than 16% from revenue of $19.18 billion during the previous-year period.
BlackBerry reported a loss of $42 million in its fiscal second quarter, a decreased from last year but missing Street estimates.
