Q2 - updates

Rappler's latest stories on Q2


Samsung Electronics flags 56% fall in Q2 operating profit

Jul 05, 2019 - 12:06 PM

Samsung is facing some challenges, with chip prices falling as global supply increases while demand weakens.

SAMSUNG. This file photo taken on October 11, 2016 shows the Samsung store in Paris. Photo by Bertrand Guay/AFP

Huawei tops Apple in tightening smartphone market – IDC

Aug 01, 2018 - 11:48 AM

In the second quarter of 2018, Huawei shipped 54.2 million phones worldwide, second only to Samsung's 71.5 million, and ahead of Apple's 41.3 million, IDC reports

NOVA 3. Huawei's flagship devices launched earlier in the year have seen some excellent reviews, owing to their distinctive design, and industry-leading cameras. The recently launched Nova 3 approximates the flagship P20 series, making high-end technologies more accessible in an increasingly competitive market. Photo from Huawei

Apple inches closer to $1-T market value with earnings on the horizon

Jul 31, 2018 - 6:05 PM

A 7% rise in share price following the earnings report will make Apple the first trillion-dollar company

IPHONE. A customer touches the screen of an iPhone X at the Apple Store Union Square in San Francisco, California. Photo by Elijah Nouvelage/AFP

Samsung Electronics posts $9.9-B Q2 net profit, down 0.1%

Jul 31, 2018 - 11:40 AM

Slower global sales of premium smartphones this year are partly to blame for dip

GALAXY S9. The physical design of the S9 didn't change much from the S8. Screenshot from Rappler video

Twitter dives in black week for social media

Jul 27, 2018 - 11:00 PM

The drop in users comes from 'prioritizing the health of the platform, and, to a lesser extent, GDPR,' Twitter says, referring to Europe's General Data Protection Regulations that limit how internet firms can handle user data

Rappler SEC ruling, Bangsamoro, Facebook shares drop | Midday wRap

Jul 27, 2018 - 2:35 PM

Watch Rappler’s midday newscast with Natashya Gutierrez

Amazon quarterly profit jumps 12-fold to $2.5B

Jul 27, 2018 - 6:43 AM

The e-commerce giant reports earnings that are in stark contrast to social media giant Facebook which saw massive stock market losses

AMAZON. An Amazon logo is seen inside the Amazon corporate headquarters on June 16, 2017 in Seattle, Washington. File photo by Ryder/AFP

Facebook shares hammered as outlook clouded

Jul 26, 2018 - 6:51 AM

Controversies catch up to Facebook in Q2 2018, but CEO Mark Zuckerberg says that the dip in profitability is just a temporary effect of their big security investments

FB DOWN. This illustration picture taken on April 19, 2018 in Paris shows the tablet and smartphone app for Facebook. File photo by Lionel Bonaventure/AFP

Google parent Alphabet sees record highs despite EU fine

Jul 24, 2018 - 2:26 PM

Revenues jump 26% from a year ago to $32.7 billion, surpassing analyst expectations

FINE RECOVERY. Google CEO Sundar Pichai says the company would take a 'constructive approach' to the EU ruling that slapped the search giant with a multibillion dollar fine. In this photo, Pichai appears at the their annual I/O conference held back in May 2018. File photo by Justin Sullivan/AFP

Microsoft profit climbs in Q2 2018 as cloud grows

Jul 20, 2018 - 10:14 AM

'Our early investments in the intelligent cloud and intelligent edge are paying off,' says CEO Satya Nadella

MICROSOFT. File photo by Vesa Moilanen/AFP

Consumer confidence improves in Q2 2018

Jun 10, 2018 - 12:40 PM

The Bangko Sentral ng Pilipinas attributes this to optimism on income and jobs, among others, though consumers still think prices of goods will rise further

This photo taken on April 11, 2018, shows vegetable vendors dealing with customers at an overpass in Manila. The Asian Development Bank lifted its outlook for growth in developing Asia this year thanks to a pick-up in the global export demand but it warned of risks from a potential China-US trade war. / AFP PHOTO / NOEL CELIS

Rising prices, weaker peso slightly hurt business confidence in Q2 2018

May 31, 2018 - 6:30 PM

The Bangko Sentral ng Pilipinas says businesses' overall confidence index was at 39.3% for the 2nd quarter of 2018, a slight decline from the 39.5% for the 1st quarter

Philippine GDP growth in Q2 2017 raised to 6.7%

Nov 15, 2017 - 8:55 PM

The top 3 contributors to the upward revision are financial intermediation; construction; and real estate, renting, and business activities

Uber earnings grow in Q2 2017 despite bumpy road

Aug 24, 2017 - 4:19 PM

Uber s adjusted net revenue more than doubles to 1 75 billion year over year in spite of the controversies

UBER UP. Despite being one of the most controversial tech companies in 2017, the ride-sharing leader posts strong earnings for the second quarter. Photo by Lionel Bonaventure/AFP

Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results

Aug 21, 2017 - 6:10 PM

The global financial services giant now expects the Philippines gross domestic product to grow faster at 6 1 instead of 6 this year

STRONGER. The upgrade is a result of a better-than-expected 2nd quarter 2017 results. Rappler file photo

Gov't spending, agriculture lift Philippine GDP in Q2 2017

Aug 17, 2017 - 8:50 PM

Spending on infrastructure is a bright spot for the economy in the 2nd quarter of 2017 but in a role reversal it s now the private sector and not the government that is lagging

Malacañan Photo

Philippine GDP grows faster by 6.5% in Q2 2017

Aug 17, 2017 - 10:10 AM

3rd UPDATE The 6 5 growth in GDP places the Philippines ahead of ASEAN nations that have released their 2nd quarter figures but it is still behind China

Mall operations continue to drive SM Prime's net income

Aug 07, 2017 - 5:45 PM

The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals

Amazon sales surge to $38-B, but spending bites into profit

Jul 28, 2017 - 8:04 AM

Net sales increase by 25 compared to the same period last year but profits drop 77 to 197 million

TEMPORARY CHAMP. Amazon founder Jeff Bezos briefly became the world's richest person on July 27, 2017, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The shares weakened by the end of the day, relegating Bezos back to 2nd place. Photo by David Ryder/AFP

Weak Japanese growth puts pressure on Abe

Sep 08, 2016 - 2:50 PM

Economists are increasingly writing off Japanese Prime Minister Shinzo Abe s more than 3 year attempt to cement a lasting recovery

Japanese Prime Minister Shinzo Abe gestures to the media upon arrival at a meeting session at the Association of Southeast Asian Nations (ASEAN) Summit in Vientiane on September 7, 2016. The gathering will see the 10 ASEAN members meet by themselves, then with leaders from the US, Japan, South Korea and China. / AFP PHOTO / ROSLAN RAHMAN

Profit plunges for Malaysia's Petronas on low oil prices

Aug 22, 2016 - 11:05 PM

Petronas reports a net profit of 402 million for the second quarter of 2016 an 85 drop

epa05190482 Malaysia's Petronas Twin Towers rise behind a Petronas logo at a gas station in Kuala Lumpur, Malaysia, 02 March 2016. Petronas is cutting as many as 1,000 jobs as it reorganises its businesses and trims the fat to counter a slump in the price of crude oil. EPA/FAZRY ISMAIL

Duterte vs De Lima, PH economy, Olympics | 6PM wRap

Aug 18, 2016 - 7:42 PM

Watch the 6PM wRap with Maria Ressa

Philippines GDP grows 7% in Q2 2016

Aug 18, 2016 - 10:10 AM

5th UPDATE Among the major Asian emerging economies the Philippines likely remains the fastest or second fastest growing economy in Q2 2016 followed by China says Socioeconomic Planning Secretary Ernesto Pernia

Toyota dented by yen rally, North American sales drop

Aug 04, 2016 - 10:00 PM

The world s biggest automaker also cuts its full year profit and sales forecasts for 2016

epa05454437 A Toyota logo is seen on the back of a vehicle on display at the company's showroom in Tokyo, Japan, 04 August 2016. The Japanese auto maker Toyota Motor Corp. reported a consolidated net revenue total of 6.58 trillion yen (around 64.8 billion US dollars), a drop by 5.7 percent. Operating income declined to 642.2 billion yen (around 6.32 billion US dollars) compared with 756.0 billion yen (around 7.45 billion US dollars) in the previous period. Net income dropped to 552.4 billion yen (around 5.44 billion US dollars) compared to 646.3 billion yen (around 6.36 billion US dollars) and operating income decreased by 113.7 billion yen (around 1.12 billion US dollars). EPA/CHRISTOPHER JUE

Tesla loss widens as company works to speed production

Aug 04, 2016 - 9:15 PM

The carmaker reports a net loss of 293 2 million in the second quarter of 2016

epa04727762 A row of Tesla Motors Model S cars are seen at a parking lot of the Tesla Motors Headquarters in Palo Alto, California, USA, 30 April 2015. EPA/JOHN G. MABANGLO

HSBC profits plunge as Brexit uncertainty bites

Aug 03, 2016 - 10:05 PM

The bank s earnings after tax drop 40 to 2 61 billion in the second quarter of 2016

epa05202261 The Hong Kong and Shanghai Banking Corporation's (HSBC) logo on the side of the HSBC building in the financial district of Singapore, 09 March 2016. EPA/WALLACE WOON

Pfizer earnings top estimates on higher sales

Aug 03, 2016 - 3:20 PM

Breast cancer drug Ibrance blood clot drug Eliquis and pain reliever Lyrica help boost the company s performance

BMW powers through second quarter towards record year

Aug 02, 2016 - 10:45 PM

The German carmaker makes 2 2 billion of profit from April to June 2016

Visitors walk among German BMW cars on display at an auto show in Hanoi on May 7, 2016. / AFP PHOTO / HOANG DINH NAM

Honda profit dented even as airbag crisis impact fades

Aug 02, 2016 - 8:05 PM

The Japanese carmaker s net profit slides 6 1 to 1 7 billion in the second quarter of 2016

epa05142855 Honda logo seen at the Indian Auto Expo 2016 in Greater Noida, Uttar Pradesh, outskirts of New Delhi, India, 04 February 2016. Reports state over 80 new products will be launched at the Auto expo. EPA/RAJAT GUPTA

LG Electronics posts 18.6% increase in Q2 profit

Jul 28, 2016 - 11:15 PM

The South Korean firm s net profit for the second quarter of 2016 hits 238 5 million thanks to home appliances and TVs

STRONG SALES. Models display the G6, LG Electronics (LG)'s flagship 4K HDR-enabled, 77-inch OLED TV, at a press conference on CES Press Day, in Las Vegas, Nevada on January 5, 2016. File photo by Robyn Beck/AFP

Adidas lifts profit forecast for 3rd time running

Jul 28, 2016 - 10:15 PM

The company raises its forecast for 2016 after seeing soaring net profit for the second quarter of the year

epa05289200 (FILE) A file photo dated 06 May 2010 showingn the adidas logo seen on garments in Fuerth, Germany. German Sports goods producer adidas will publish their first quarter 2016 results on 04 May 2016. EPA/DANIEL KARMANN

Volkswagen net profit falls 57% in second quarter

Jul 28, 2016 - 9:15 PM

The carmaker s earnings in the second quarter of 2016 are weighed down by costs related to the diesel emissions cheating scandal

epa05442177 (FILE) A file dated 21 April 2016 shows a Volkswagen logo on a car in the lot of a VW dealership in Alexandria, Virginia, USA. According to news reports on 26 July 2016, a US federal judge gives preliminary approval to a 15 billion US dollar settlement over Volkswagen's emissions cheating scandal in a deal that includes an option for owners to have the carmaker buy back their vehicles. VW admited on 2015 that it had cheated on its US exhaust tests. EPA/MICHAEL REYNOLDS

Shell net profit tumbles on low oil prices

Jul 28, 2016 - 7:35 PM

Lower oil prices continue to be a significant challenge across the business particularly in the upstream says Royal Dutch Shell CEO Ben van Beurden

epa05113059 (FILE) A file photo dated 30 July 2015 showing a company flag flying infront of the head office of Royal Dutch Shell in The Hague, The Netherlands. Royal Dutch Shell plc on 20 January 2016 reported a sharp fall in profits for the last quarter of 2015 as low oil prices hit earnings and the company restructured to reduce costs. Shell said it expected fourth-quarter earnings to be between 1.6 billion and 1.9 billion dollars, down from 4.2 billion dollars in the fourth quarter of 2014. Full-year earnings, including the impact of lower prices on the company's oil inventory, are expected to total 10.4 billion to 10.7 billion dollars, about 45 per cent lower than the 19 billion dollars reported in 2014. EPA/JERRY LAMPEN

Smartphone sales drive Samsung Q2 profit

Jul 28, 2016 - 6:35 PM

Samsung s net profit for the second quarter of 2016 rises to 5 2 billion thanks to its Galaxy S7 and S7 Edge phones

epa05193453 A model holds a Samsung Galaxy S7 edge smartphone during a pre promotional show in Taipei, Taiwan, 04 March 2016. According to news reports, Samsung Electronics Co. sold the most smartphones followed by Apple Inc., Asustek Computers Inc. and HTC Corporation from around 728,000 total smartphone sales in Taiwan by January 2016. EPA/RITCHIE B. TONGO

Weak profits may prod Deutsche Bank to speed up restructuring

Jul 28, 2016 - 3:30 PM

If the current weak economic environment persists we will need to be yet more ambitious in the timing and intensity of our restructuring says CEO John Cryan

epa05115695 A cash register sign can be seen near Deutsche Bank headquarters in Frankfurt am Main,†Germany, 21 January 2016. Deutsche Bank, Germany's largest lender, will likely report a net loss of about 6.7 billion euros (7.3 billion dollars) for 2015, largely due to restructuring charges and money set aside to cover legal costs. Full-year revenue for 2015 will likely be around 33.5 billion euros, the bank said in a statement 20 January 2016. EPA/ARNE DEDERT

Falling international sales continue to dog Coca-Cola

Jul 28, 2016 - 1:30 PM

The company says its bottom line was affected by the strong dollar s impact on earnings from countries with weak currencies

epa04687363 Indonesian workers stand near the Coca-Cola products in the Coca Cola Amatil Indonesia (CCAI) Cikekodan Plant in Bekasi, West Java, Indonesia, 31 March 2015. According to reports, the company will build a new plant in Cikedokan with planned investments worth 500 million US dollars to accelerate growth in Indonesian market in the next three to four years. EPA/BAGUS INDAHONO

Huge quarter for Facebook lifts shares

Jul 28, 2016 - 1:00 PM

The social network s net profit for the second quarter of 2016 jumps 186 while the number of its monthly active users hits 1 7 billion

Facebook CEO Mark Zuckerberg speaks at the F8 summit in San Francisco, California, on March 25, 2015. Zuckerberg introduced a new messenger platform at the event. AFP PHOTO/JOSH EDELSON / AFP PHOTO / Josh Edelson

Boeing reports $234M loss after unexpected costs

Jul 28, 2016 - 12:50 AM

These costs include higher expenses for the KC 46 tanker program and for building the Boeing 787 Dreamliner

epa05363313 A man walks past a logo of multinational Aircraft manufacturing company Boeing at Taoyuan airport, in Taoyuan, Taiwan, 14 June 2016. EPA/RITCHIE B. TONGO

Nissan profit skids on yen rally

Jul 27, 2016 - 10:15 PM

The Japanese automaker s net profit for the second quarter of 2016 drops nearly 11

epa05443287 Nissan Motor Co.'s Note vehicle is displayed at the company's global headquarters showroom in Yokohama, south of Tokyo, Japan, 27 July 2016. Nissan Motor Co. reported its group net profit of 136.38 billion yen (1.3 billion US dollars) in the April-June quarter, falling 10.7 percent, down from 152.80 billion yen a year earlier. EPA/KIYOSHI OTA

Twitter shares dive after update disappoints

Jul 27, 2016 - 5:30 PM

Analysts are skeptical about whether Twitter can reverse its fortunes

epa04057461 (FILE) A file photo dated 08 November 2013 showing a close up of a Twitter app and a Stock market app displayed on a smartphone, in Berlin, Germany. Twitter Inc had a net loss of 511 million dollars in its first quarterly report since its initial public stock offering, the San Francisco-based company said 05 February 2014, falling further in the red than forecast. Total losses for 2013 were 645 million dollars compared to 79 million dollars in 2012, according to the fourth-quarter report. The social-media company went public on November 6, selling shares to raise at least 1.8 billion dollars to fuel continued expansion. The pace of user growth slowed, with 241 million monthly users, up 30 per cent from 185 million monthly users a year earlier. The rate of growth was 39 per cent in the previous period. Revenue more than doubled to 243 million dollars in the fourth quarter, up 116 per cent from the year-ago period. EPA/Joerg Carstensen

PH firms' confidence rebounds for Q2 2016

May 27, 2016 - 3:52 PM

The lingering effects of election spending and favorable weather contribute to a rebound in business confidence

'Economy to get big boost from tourism next quarter'

Nov 29, 2012 - 6:07 PM

Tourism industry to fuel services sector for Q4 GDP

PICTURE PERFECT. The resort town of El Nido hosts white beaches, enchanting islets, lush vegetation and several small islands which make it a draw for island hopping. Photo taken by Lala Rimando

Inflation, higher fares, jobs dampen consumer confidence in Q2

Jun 16, 2012 - 7:25 AM

Consumers are down and out amid higher power rates increases in transportation fares and anticipated tuition hikes