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A Big Billion Day for Flipkart: Raises $1.4 Billion To Challenge Amazon

Flipkart funding rounds
The poster boy of Indian eCommerce industry, Flipkart has raised $1.4 billion from some of the tech majors, including Microsoft and Tencent. This is the largest round of funding ever raised by any Indian startup till date. The major highlights of this rounds, besides Microsoft and Chinese major Tencent participation, is the acquisition of eBay India by Flipkart. The...

Apple iPhone Sales Disappoints But It’s The Growth Of Mac That Surprised Many

iPhone sales q4 2015
It's nearing the end of October, and while for many it may signal the time to break out those monster costumes and carve those pumpkins; trick-or-treating in the tech community starts with the release of the financial results at the end of the fiscal year for Apple Inc. (NASDAQ:AAPL) ! As tradition demands, Apple CEO, Tim Cook, took center...

Apple Inc. (AAPL) Q3 2014 Results Tell BRIC Nations Holds The Future Of iPhone, And The Company !

Apple Inc. (NASDAQ:AAPL) announced its fiscal Q3 2014 results on July 22nd, 2014, and the results have remained in line with both Apple's and our own earlier estimates. The Cupertino giant registered US$37.4 billion in revenue for the quarter, and US$7.7 billion in net profit. This directly corresponds to a growth of 5.9% in revenue and 19.6% increase in earnings...

Samsung’s Profit In Q4 2013 Declined By 18%: Korean Giant Loses Top Spot In Mobile Ad Impressions [Report]

Korean electronics giant Samsung Electronics Co., Ltd. (KRX:005930) posted their earning reports for the fourth quarter ending December 31, 2013. According to the report the company has reported revenues of 59.28 trillion Won which amounts to $54.95 billion, while the net profit stood at 8.31 trillion Won ($7.7 billion) amounting to a decline of 18% compared to the previous...

Google’s Revenue From iPhone Is Four Folds Higher Than Android !

Yes it could be shocking for you but it’s the fact which Google has claimed by its own. Google is generating four times more revenue from Apple’s mobile devices than its own Android smartphone OS. In a shocking revelation Google has disclosed that it has generated $550 million as revenue from the launch of Android in 2008 till the...

Yahoo Is Considering To Sell Asian Assets To Strengthen US Operations

In last one year Yahoo has significantly lost its credibility in front of investors as well as market. By Q3 of this year, revenue had dipped by 5% year over year and its net earning reduced by 26 percent. Taking the view of loosing market credibility and share, company is considering to sell bulk of its valuable holdings in...

LinkedIn Revenue Surges By 126 Percent With 131 Million Users

Today, LinkedIn CEO Jeff Weiner- on an earning call- told users that professional networking site has reached the user base of 131 million users and more than million groups exist on LinkedIn. Jeff also informed that company's revenue for Q3 has surged by 126 percent, reaching $139.5 million compare to $61.8 million during same period in 2010. However, company...

Google Revenue Jumps Up By 33 Percent To Reach $9.78 Billion in Q3 2011

Despite of intense competition in  internet industry, search engine giant Google has managed to make handsome revenue. Today, company has revealed its Q3 financial report which states that it's revenue has reached $9.78 billion, a jump of 33 percent compare to same duration last year. “We had a great quarter, Revenue was up 33% year on year and our quarterly revenue was...

Facebook Gearing Up For $100+ Billion IPO in 2012

Trust, it didn’t surprise me much as it was inevitable and Facebook is also heading towards the wall in respect to hold their financials close to heart. But what has really stunned me is whopping $100 billion IPO value! Facebook is aiming S -1 filing by end of this year which will lead to an IPO by early next...

Apple Stands Over Microsoft and Intel Combined in Market Value

After displacing Google from the top position in World’s most valuable brand list, it was time for Microsoft and Intel to face heat from Apple’s constant unanimous growth. On Friday, closing hours of market, Apple emerged more worthy than combined market value of Microsoft and Intel. On Friday Microsoft (MSFT) had market value of $201.59 billion against Intel with...

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Facebook’s Crunch Conquest: By Relying Largely On The US Market, Is...

Two billion! That's Facebook, Inc. (NASDAQ: FB) for you - Right when you thought that this social-media giant has already connected the entire world, it's...

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