#net-income

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Apple sales grew 6% over the last quarter with a rebound in iPhone demand

Apple's revenue grew 6% in Q4, largely due to iPhone sales resurgence, despite a drop in net income.
#fannie-mae

Despite a big uptick in acquisition volume, Fannie Mae income stays relatively flat in Q2

Fannie Mae recorded $4.5 billion net income in Q2 2024, despite modest net income increase from Q1 and an increase in single-family mortgage purchases.

Fannie Mae profits grow to $4.3B in Q1 2024

Fannie Mae reported $4.3 billion in net income in the first quarter, citing growth in net worth, driven by fair value gains and benefit for credit losses, amidst challenges in the housing market.

Despite a big uptick in acquisition volume, Fannie Mae income stays relatively flat in Q2

Fannie Mae recorded $4.5 billion net income in Q2 2024, despite modest net income increase from Q1 and an increase in single-family mortgage purchases.

Fannie Mae profits grow to $4.3B in Q1 2024

Fannie Mae reported $4.3 billion in net income in the first quarter, citing growth in net worth, driven by fair value gains and benefit for credit losses, amidst challenges in the housing market.
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If This Company Distributed Profits Among its Employees, They'd All Be Millionaires Many Times Over

Net income per employee is an important measure of efficiency and productivity in the corporate world.
#retail-sales

Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements | CBC News

Net income of Loblaw Cos. Ltd. fell 10% in Q2 due to class action lawsuit charges and missed revenue expectations, while discount banners like No Frills saw food sales growth.

Amazon services outpace retail growth in Q1

Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.

Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements | CBC News

Net income of Loblaw Cos. Ltd. fell 10% in Q2 due to class action lawsuit charges and missed revenue expectations, while discount banners like No Frills saw food sales growth.

Amazon services outpace retail growth in Q1

Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.
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Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

Galaxy's net income rose 40% to $422 million.

Amazon extends the life of its servers to six years

Amazon.com extends the working life of its servers from five to six years, which is expected to contribute $900 million to net income in Q1 2024.
Amazon's Q4 FY 2023 earnings show overall revenue of $170 billion, with AWS revenue reaching $90.8 billion.
CEO Andy Jassy predicts AI will bring significant revenue to AWS in the coming years.

Alphabet banked $3.0 billion by stretching servers lifespan

Alphabet banked $3 billion by extending the life of its hardware.
Depreciation expenses dropped by $3.9 billion and net income rose $3.0 billion as a result of the hardware extension.

GM made $10 billion last year despite autoworkers strike, but it's prepared for lower auto prices this year

General Motors' net income rose 12% last year despite a six-week autoworkers' strike.
GM plans to bring back some plug-in gas-electric hybrid models in the U.S.
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