Long-standing giant Microsoft posted its quarter four earnings and revenue report just recently, claiming 6.6 million Xbox units (One, 360) shipped during 4Q14. The company says its remarkably high console sales volume is a large contributor to a $26.5B gross revenue, producing $5.8B net income for the software and hardware company.
It’s no secret that AMD (NASDAQ: AMD) has been struggling financially in recent years. For quite some time, AMD has posted net losses, and 3Q14 looked to be a turning point for AMD. It seems that the expectations have fallen short, given AMD’s freshly-posted financial results for the fourth quarter (and entire ear) of 2014, none of which are encouraging for the financial future of the company.
With the beginning of the third fiscal quarter for 2014, we see analysts filing revenue reports and public companies announcing performance. We recently posted about the boon to desktop PC sales for 2014 -- recovering nearly 6% of a projected 7% decline -- and now it looks like Intel has similarly good news for the PC industry.
The semiconductor giant has reported 2Q14 revenue as $13.8B -- an 8% hike over 2Q13's $12.8B -- netting a $2.8B profit. Intel's quarterly profits have risen 40% over its 2Q13 reports of $2B. Promisingly for the world of PCs, Intel showed an $8.7B revenue in its PC Client Group (including desktops), a 6% increase over last year.
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