First Quarter Earnings
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Arc Raiders Surpasses 16 Million Copies Sold as Embark Studios Announces Next Major Update
Nexon has announced that Arc Raiders has now surpassed 16 million copies sold. The hit extraction shooter from Embark Studios sold an additional 4.6 million units in the first quarter of 2026, Nexon revealed in its earnings report. Embark Studios has also announced a new release cadence for major updates.
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Samsung Hits Record Revenue in Q1 This Year, Expects Memory Shortage to Last Beyond 2027
Samsung Electronics reported consolidated revenue of KRW 133.9 trillion for the first quarter ending March 31, 2026, marking a 43 percent increase compared to the previous quarter. The South Korean brand has posted record operating profit, and its MX and Networks Businesses posted KRW 38.1 trillion in consolidated revenue. However, earnings from th...
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Google Hits 350 Mn Paid Subscriptions Across Services, Search Queries ‘All Time High’: Sundar Pichai
Google, on Wednesday, announced the quarterly financial results for Q1 2026. During the earnings call with investors and analysts, company CEO Sundar Pichai announced that the company increased its consolidated revenue by 22 percent year-over-year (YoY) to clock $109.9 billion (roughly Rs. 10.48 lakh crore) in the first quarter of the ongoing year.
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Rs 2,000 Crore A Day At Risk As Dubai's Economic Engine Grinds To A Halt
DXB handled 87 million passengers in 2023 and 23.4 million in the first quarter of 2025, or roughly 260,000 to 270,000 travellers every day.
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Saudi Arabia Eases Alcohol Ban For Rich Foreigners: Who Can Buy Booze, New Rules Explained
Saudi Arabia's new alcohol policy allows select expatriates to legally buy alcohol for the first time in decades, signalling another major step in the kingdom's social reforms.
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Qualcomm Reveals Smartphone Brands Are Planning to Reduce Shipments Amid Global Memory Shortage
Qualcomm announced the company’s financial performance in the first fiscal quarter of the year on Wednesday. While the company posted robust growth numbers and even surpassed market expectations, it set the lowered revenue expectations for the next quarter. During the Q1 2026 earnings call with investors and analysts, Akash Palkhiwala, Chief Fina...
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Google Hits Historic $400B Revenue Amid Massive AI Push: 5 Things You Should Know
Google, on Wednesday, announced the quarterly financial results for Q4 2025. During the earnings call with investors and analysts, company CEO Sundar Pichai revealed that Google’s parent Alphabet crossed $400 billion (roughly Rs. 36.07 lakh crore) in annual revenue for the first time. The massive revenue milestone comes on the back of the company...
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Google's Annual Revenue Tops $400 Billion For First Time, AI Investments Rise
Google parent Alphabet reported blockbuster earnings, its revenue climbing as it invests massively in cloud computing services enhanced with artificial intelligence.
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Apple Just Posted Its Best-Ever Quarter in History: 5 Things You Should Know
Apple announced the financial results for its fiscal 2026 first quarter on Thursday. The Cupertino-based tech giant posted a quarterly revenue of $143.8 billion (roughly Rs. 13.22 lakh crore), reaching a year-on-year (YoY) growth of 16 percent overall. The company CEO Tim Cook called it the “quarter for the record books,” highlighting that it w...
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Apple Has Shipped 3 Billion iPhone Units Since Launch in 2007, Says CEO Tim Cook
Apple reported its fiscal earnings for the third quarter (Q3) 2025 on Thursday and among the highlights was one major milestone revelation. In a call to investors, CEO Tim Cook revealed that the Cupertino-based tech giant recently shipped its three-billionth iPhone since the launch of the first model in 2007. Estimates reveal that it might have tak...
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Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
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Apple Intelligence Talks Ongoing With EU and China Regulators, Says CEO Tim Cook: Report
Apple Intelligence features have started to roll out in preview with the iOS 18.1 developer beta update. These features are first rolled out in the US in English and later will be expanded in other regions. But the European Union (EU) and China are not expected to get it anytime soon. During a quarterly earnings call on Thursday, Apple CEO Tim Cook...
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Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
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Xiaomi Quarterly Revenue Falls 18.9 Percent as Global Smartphone Demand Stalls
Xiaomi reported an 18.9 percent drop in quarterly revenue on Wednesday as consumer demand for smartphones remained weak even as the economy recovered from the COVID-19 pandemic.
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MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market
Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. "We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those ar...
-
Arc Raiders Surpasses 16 Million Copies Sold as Embark Studios Announces Next Major Update
Nexon has announced that Arc Raiders has now surpassed 16 million copies sold. The hit extraction shooter from Embark Studios sold an additional 4.6 million units in the first quarter of 2026, Nexon revealed in its earnings report. Embark Studios has also announced a new release cadence for major updates.
-
Samsung Hits Record Revenue in Q1 This Year, Expects Memory Shortage to Last Beyond 2027
Samsung Electronics reported consolidated revenue of KRW 133.9 trillion for the first quarter ending March 31, 2026, marking a 43 percent increase compared to the previous quarter. The South Korean brand has posted record operating profit, and its MX and Networks Businesses posted KRW 38.1 trillion in consolidated revenue. However, earnings from th...
-
Google Hits 350 Mn Paid Subscriptions Across Services, Search Queries ‘All Time High’: Sundar Pichai
Google, on Wednesday, announced the quarterly financial results for Q1 2026. During the earnings call with investors and analysts, company CEO Sundar Pichai announced that the company increased its consolidated revenue by 22 percent year-over-year (YoY) to clock $109.9 billion (roughly Rs. 10.48 lakh crore) in the first quarter of the ongoing year.
-
Rs 2,000 Crore A Day At Risk As Dubai's Economic Engine Grinds To A Halt
DXB handled 87 million passengers in 2023 and 23.4 million in the first quarter of 2025, or roughly 260,000 to 270,000 travellers every day.
-
Saudi Arabia Eases Alcohol Ban For Rich Foreigners: Who Can Buy Booze, New Rules Explained
Saudi Arabia's new alcohol policy allows select expatriates to legally buy alcohol for the first time in decades, signalling another major step in the kingdom's social reforms.
-
Qualcomm Reveals Smartphone Brands Are Planning to Reduce Shipments Amid Global Memory Shortage
Qualcomm announced the company’s financial performance in the first fiscal quarter of the year on Wednesday. While the company posted robust growth numbers and even surpassed market expectations, it set the lowered revenue expectations for the next quarter. During the Q1 2026 earnings call with investors and analysts, Akash Palkhiwala, Chief Fina...
-
Google Hits Historic $400B Revenue Amid Massive AI Push: 5 Things You Should Know
Google, on Wednesday, announced the quarterly financial results for Q4 2025. During the earnings call with investors and analysts, company CEO Sundar Pichai revealed that Google’s parent Alphabet crossed $400 billion (roughly Rs. 36.07 lakh crore) in annual revenue for the first time. The massive revenue milestone comes on the back of the company...
-
Google's Annual Revenue Tops $400 Billion For First Time, AI Investments Rise
Google parent Alphabet reported blockbuster earnings, its revenue climbing as it invests massively in cloud computing services enhanced with artificial intelligence.
-
Apple Just Posted Its Best-Ever Quarter in History: 5 Things You Should Know
Apple announced the financial results for its fiscal 2026 first quarter on Thursday. The Cupertino-based tech giant posted a quarterly revenue of $143.8 billion (roughly Rs. 13.22 lakh crore), reaching a year-on-year (YoY) growth of 16 percent overall. The company CEO Tim Cook called it the “quarter for the record books,” highlighting that it w...
-
Apple Has Shipped 3 Billion iPhone Units Since Launch in 2007, Says CEO Tim Cook
Apple reported its fiscal earnings for the third quarter (Q3) 2025 on Thursday and among the highlights was one major milestone revelation. In a call to investors, CEO Tim Cook revealed that the Cupertino-based tech giant recently shipped its three-billionth iPhone since the launch of the first model in 2007. Estimates reveal that it might have tak...
-
Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
-
Apple Intelligence Talks Ongoing With EU and China Regulators, Says CEO Tim Cook: Report
Apple Intelligence features have started to roll out in preview with the iOS 18.1 developer beta update. These features are first rolled out in the US in English and later will be expanded in other regions. But the European Union (EU) and China are not expected to get it anytime soon. During a quarterly earnings call on Thursday, Apple CEO Tim Cook...
-
Apple's iPhone Sales Target Billions Below Wall Street Expectations as China Business Suffers
Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue $6 billion (roughly Rs. 49,714 crore) below Wall Street expectations as its China business took a hit. This overshadowed overall fiscal first-quarter sales and profit that beat analysts' targets, powered by iPhone growth, sending Apple shares down 3 percent in after-ho...
-
Xiaomi Quarterly Revenue Falls 18.9 Percent as Global Smartphone Demand Stalls
Xiaomi reported an 18.9 percent drop in quarterly revenue on Wednesday as consumer demand for smartphones remained weak even as the economy recovered from the COVID-19 pandemic.
-
MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market
Taiwan's top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. "We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those ar...
