All the profit in the world isn’t enough.
This week in technology was dominated by two things: dollars and rumors. On the dollars front we got earnings reports from both Apple and Microsoft, neither of which is in bad shape. Apple had the largest-ever quarterly profit but didn’t quite meet analyst expectations or paint a gold-plated rosy picture of the future, and thus got punished. Microsoft, meanwhile, reported healthy revenue and profits that beat Wall Street estimates, and despite the struggling of high profile segments was rewarded with an increased stock price.
For perspective, Microsoft earned $5.4 billion in profit on $23.8 billion in revenue. Apple registered an $18.4 billion profit on $75.9 billion in revenue.
On the rumors front, things are only heating up as we head towards the MWC unveiling of a whole new slew of smartphones. Up first is the LG G5, which might ditch the back-mounted power and volume buttons that have been a signature of the G-series flagships. Samsung, on the other hand, appears to be maintaining carrying over its existing styles to the upgraded Galaxy S7, but could actually go with a lower resolution camera in the GS7 for improved performance (as contradictory as that might seem on the surface).
There’s plenty more going on, so let’s dive right into this edition of Mobile Nations Weekly!