Financial results

New Fitbit devices coming by year’s end

Fitbit Alta

Fitbit kicked off 2016 with the introduction of the Blaze smartwatch and fashionable Alta fitness tracker in quick succession. The company earlier this week announced its second quarter earnings and gave us a glimpse at what it has in store for the rest of the year. Both Chief Executive Officer James Park and Chief Financial Officer Bill Zerella confirmed that Fitbit will unveil some new Fitbit […]

Another record quarter for Apple but still no Apple Watch sales numbers


Apple last night announced financial results for the first quarter of its 2016 fiscal year. The company had another banner quarter with record revenues and net income. Quarterly revenues came in at US$75.9 billion and recorded a quarterly net income of US$18.4 billion. “Our team delivered Apple’s biggest quarter ever, thanks to the world’s most innovative products and all-time record […]

Fossil sees future in “smarter watches” as well as smartwatches

Fossil watch closeup

Fossil first announced its intention to jump into wearables back in March. It outlined a strategy that includes a range of devices, some with displays and others without. More recently, it announced that it would launch new Fossil watches “with some added technology features” as early as Q4. CEO Kosta Kartsotis yesterday provided additional details as the company announced its Q2 financial results. […]

Fitbit sells 4.5 million fitness trackers in Q2 FY2015

2015 Fitbit lineup

Fitbit yesterday announced its Q2 FY2015 financial results. The first to be announced since the company went public in June saw sales of its connected health and fitness devices hit 4.5 million units, netting the company revenues of just over US$400 million. “Our second quarter results included our highest quarterly revenue in the eight-year history of Fitbit,” said James Park, Fitbit […]

Apple Watch sales numbers not revealed in Q3 FY2015 financial results


Apple today announced its Q3 FY2015 financial results after the close of U.S. markets. Quarterly revenues came in at US$49.6 billion with net profits of US$10.7 billion. Compared to the same quarter a year ago, revenues were up 33 percent and earnings per share up 45 percent, impressive numbers even if they did not meet analyst expectations. “We had an […]

Apple ships over 61 million iPhones in Q2 FY2015

Apple iPhone 6 and iPhone 6 Plus

Apple last night announced financial results for its fiscal 2015 second quarter. Overall results include quarterly revenue of US$58 billion and quarterly net profit of US$13.6 billion, both of which are significant improvements over the same quarter a year ago. Apple attributes the improved results to “record second quarter sales of iPhone and Mac and all-time record performance of the […]

BlackBerry sells 1.9 million BlackBerry smartphones in Q3 FY2015


BlackBerry today announced its Q3 FY2015 financial results. It was not all good news as revenues came in at US$793 million, down from US$916 million the previous quarter and short of analyst expectations. Hardware accounted for 46 percent of revenues while services accounted for another 46 percent with software and other revenue accounting for the last 8 percent. On the […]