Q1 - updates

Rappler's latest stories on Q1


Twitter shares lift off as profits soar; Trump weighs in

Apr 24, 2019 - 2:49 PM

Twitter's global user base appears to show modest growth even as the company transitions to a different way of measuring it

TWITTER. The Twitter logo is seen on a sign at the company's headquarters in San Francisco, California on November 4, 2016. File photo by Josh Edelson/AFP

Apple profit stable as service gains offset iPhone slump

Jan 30, 2019 - 11:18 AM

Revenue growth in music, movies, apps, and other services offsets slowing iPhone sales

Microsoft's fiscal Q1 2019 profit soars on cloud services

Oct 25, 2018 - 10:26 AM

Azure cloud services and the career-focused social network LinkedIn power Microsoft's growth

Lenovo posts 1st quarter profit as recovery continues

Aug 16, 2018 - 2:01 PM

'The Group remains confident in its core PC business, and aims to grow...without compromising on profitability,' Lenovo chairman Yang Yuanqing says

LENOVO. The PC maker reverses its fortunes, reporting good margins in latest earnings report. Photo by Gelo Gonzales/Rappler

Sony profits rise on the back of PS4 game sales, Spotify shares

Jul 31, 2018 - 6:29 PM

The growth of the streaming music sector, the sustained profitability of the PS4, and solid leadership under a new CEO have boosted Sony's net profits, year-over-year

MONEYMAKER. Blockbuster PS4 titles led by 'God of War' provide a big boost to Sony's bottomline in the first quarter of Japan's fiscal year, April 2018 to June 2018. Image from Sony

Housing prices rise by 2.1% in Q1 2018

Jul 01, 2018 - 7:00 PM

In the 1st quarter of 2018, there was a 13.8% increase in the prices of townhouses and a 2% increase in the prices of condominium units, says the Bangko Sentral ng Pilipinas

SM gets income boost from property, retail units

May 09, 2018 - 3:35 PM

The listed conglomerate of the Philippines' richest man posts a 10% rise in net income for the 1st quarter of 2018, thanks to its core businesses

STRONG RESULTS. SM president Frederic DyBuncio says: 'We continue to build on our strong 2017 performance with revenues rising faster in the first quarter this year.' Photo by Rob Reyes/Rappler

Petron gets income boost from Bataan refinery

May 08, 2018 - 5:50 PM

Ramon Ang, chief of the country's largest oil retailer, says 'stable and improved operating efficiencies' in Bataan significantly contributed to the company's performance in the 1st quarter of the year

PETRON. In this file photo, a gasoline attendant loads petrol to motorcycle at Petron station in Manila on May 12, 2009. Photo by Jay Directo/AFP

BPI posts flat net income of P6.25 billion in Q1 2018

May 07, 2018 - 5:30 PM

The listed Ayala-led lender remains less exposed to interest rate risk, as its holding in securities only increased by 2.3% to P309.95 billion from January to March this year

FLATTISH PERFORMANCE. Net income of BPI, the Philippines' 3rd largest bank in terms of assets, remains unchanged in the first quarter of 2018, from the P6.25 billion recorded in the comparable period a year ago. Photo by LeAnne Jazul/Rappler

Globe Telecom open to partnering with PLDT for cell tower firm

May 07, 2018 - 4:40 PM

The Ayala-led company says the creation of an independent cell tower firm would significantly reduce the time needed for a new player to roll out

URC net income slides further in Q1 2018

Apr 30, 2018 - 7:00 PM

The food manufacturing giant reports a net income of P3 billion in the 1st quarter of 2018, down 12%, as a weaker peso, inflation, and competition take a toll on domestic sales

Metrobank net income up 5.3% in Q1 2018

Apr 29, 2018 - 9:20 PM

The Ty-led bank reports a net income of P5.9 billion in the 1st quarter of 2018 compared to the P5.6 billion it earned in the same period last year


Facebook adds 67 million monthly active users despite scandal

Apr 26, 2018 - 6:29 PM

The number of daily active users has also grown, with an increase of 48 million users from 1.401 billion to 1.449 billion in total

FRONT AND CENTER. This illustration picture taken on April 19, 2018 in Paris shows the tablet and smartphone app for Facebook. Photo by Lionel Bonaventure/AFP

Samsung Electronics Q1 net profits up by 52% year-over-year

Apr 26, 2018 - 10:57 AM

Strong demand for memory chips and the Galaxy S9 drive profits

SAMSUNG. A Samsung logo is displayed in a mall beneath the company's headquarters in the Gangnam district of Seoul on October 12, 2016. Photo by Ed Jones/AFP

Twitter posts second straight profitable quarter after years in the red

Apr 26, 2018 - 10:39 AM

The one-to-many social platform gains momentum with strong Q1 2018 earnings

MAKING NOISE. The Twitter logo appears outside the New York Stock Exchange (NYSE) in this file photo. The once heavily beleaguered social network posts strong growth for the second straight quarter. Photo by Andrew Burton/AFP

Facebook Q1 2018 profits show growth, no impact from privacy scandal

Apr 26, 2018 - 10:20 AM

Early signs show that the recent Cambridge Analytica scandal has had little effect on Facebook's growth, but bigger effects may be seen in succeeding quarters

CLOSE SCRUTINY. In spite of recent scandals that put the social media giant front and center of headlines, early signs show that the company sustains growth. Photo by Christophe Simon/AFP

BDO net income up 1.2% to P5.9 B in Q1 2018

Apr 20, 2018 - 5:33 PM

The Sy-led bank also targets P31 billion in net income for this year as it plans further expansion into under-served markets

Inflation concerns weaken consumer sentiment in Q1 2018

Mar 26, 2018 - 9:00 PM

The Bangko Sentral ng Pilipinas says the overall confidence index dropped to 1.7% in the 1st quarter of 2018 from 9.5% in the 4th quarter of 2017, as consumers fear higher prices and low income

Apple delivers record profit, seeks to allay iPhone X fears

Feb 02, 2018 - 11:35 AM

'The iPhone X surpassed our expectations,' says Apple CEO Tim Cook, contrary to rumors that said that the Apple flagship wasn't doing well

IPHONE X. The new iPhone X is seen in the Apple Store Union Square on November 3, 2017, in San Francisco, California. File photo by Elijah Nouvelage/AFP

Duterte foreign policy, Anti-Distracted Driving Act, Mike Pence | Evening wRap

May 22, 2017 - 10:53 PM

Watch the evening newscast with Acor Arceo

Gov't infra push fails to spark economy in Q1

May 22, 2017 - 12:30 PM

The Duterte administration s Build Build Build program has yet to break ground and lift the economy leaving the private sector to fill the void

PH economy grows slower by 6.4% in Q1

May 18, 2017 - 10:18 AM

UPDATED Aquino and Duterte have something in common: slow pace of public infrastructure spending

Ayala Land launches 200-hectare Evo City in Cavite

May 11, 2017 - 5:49 PM

The 200 hectare mixed use estate of Ayala Land is being positioned as a new central business district in the south

BDO guards turf from giant ASEAN lenders

Apr 20, 2017 - 8:49 PM

Operating in a seamless regional economic bloc the Philippines largest lender is wary of bigger banks entering the Philippines

HIGHER LENDING. The country's dominant bank continues stable growth in net income in the first quarter of 2017, mainly due to higher loan accounts

BPI hits higher net income in Q1, makes progress vs ATM hackers

Apr 20, 2017 - 5:50 PM

The bank kicks off 2017 with a net income of P6 25 billion in the first quarter It also announces the conviction of a member of an ATM skimming syndicate

PH economy to stand out in Asia in 2017 – HSBC

Jan 12, 2017 - 6:35 PM

The financial giant raises its 2016 GDP forecast for the country to 6 8 from 6 5 as well as its 2017 GDP forecast to 6 5 from 6 3

Election spending boosts 7-Eleven income

Jul 18, 2016 - 2:35 PM

As of end June 2016 Philippine Seven s store count reached 1 740 up 23 8 from the same period a year ago

STORE EXPANSION. Philippine Seven opened the most number of new stores in its history last year. Rappler file photo

Zara owner Inditex's profits beat expectations

Jun 15, 2016 - 8:00 PM

Inditex also says it opened stores in Aruba Nicaragua and Paraguay in the first quarter of 2016 extending its reach to 91 markets and 7 085 shops

epa00680545 Undated company handout photo released Wednesday 29 March 2006 showing the Zara store in Shanghai, China. Spanish apparel retailer Industria de Diseno Textil, commonly know as Inditex, who owns Zara, has released its annual results for 2005, announcing an increase in profit of 26% compared to 2004. EPA/HO

Volkswagen profits whiplashed by 'dieselgate' scandal

May 31, 2016 - 11:30 PM

UPDATED The German carmaker s net profit plunges by 20 1 in the first quarter of 2016 but it is satisfied with its performance in view of the many challenges it is facing

epa05288264 (FILE) A file picture dated 27 February 2016 shows 'Wichtige Benachrichtigung' (lit. 'Important notice') is written on a letter by Volkswagen in front of a VW Passat Diesel in Straubing, Germany. Car manufacturer Volkswagen had installed illegal software in their Diesel motors EA189, which lowers the amount of nitrogen oxide during tests. A software update is said to solve the problem. Volkswagen informed their clients via letters that their cars need to be reprogrammed. EPA/ARMIN WEIGEL

Taiwan PC maker Acer's Q1 profit plummets

May 13, 2016 - 12:30 AM

The company once the world s second largest PC maker cites huge losses from foreign exchange as the reason for the drop in profit

epa03613350 A close-up image of a Acer laptop computer at the CeBit trade fair, Hanover, Germany, 05 March 2013. EPA/MAURITZ ANTIN

China e-commerce giant Alibaba's quarterly revenue leaps 39%

May 05, 2016 - 10:45 PM

Alibaba defies China s economic slowdown and tougher competition in the e commerce market

epa05290364 (FILE) A file photo dated 16 March 2016 showing the Alibaba.com stand at the CeBIT computer show in Hanover, Germany. Alibaba Group is to release their unaudited financial results for the quarter and fiscal year ended March 31, 2016 on 05 May 2016. EPA/MAURITZ ANTIN

BMW races ahead to new quarterly records

May 03, 2016 - 7:25 PM

The German automaker sells 557 605 vehicles worldwide in the first quarter of 2016

epa05225089 A Thai model presents BMW I8 luxury car at the 37th Bangkok International Motor Show in Bangkok, Thailand, 22 March 2016. The autos showcase is expected to boost the overall sales and pull the slowdown auto industries back caused by the country's sluggish economy and political uncertainly. EPA/RUNGROJ YONGRIT

Record profits put Ferrari in pole position for 2016

May 03, 2016 - 2:05 PM

The luxury car maker s net profit rises 19 from January to March

epa04645714 The new Ferrari 488 GTB is shown after it was unveiled during the press day at the 85rd Geneva International Motor Show in Geneva, Switzerland, 03 March 2015. The Motor Show will open its gates to the public from 5th to 15th March presenting more than 250 exhibitors and more than 130 world and European premieres. EPA/SANDRO CAMPARDO

Zuckerberg tightens grip as Facebook profit soars

Apr 28, 2016 - 4:00 PM

The social media giant s profit in the first quarter of 2016 triples to 1 5 billion

epa05175632 Facebook's founder and CEO Mark Zuckerberg takes part in a conference at the Mobile World Congress in Barcelona, Spain, 22 February 2016. The Mobile World Congress runs from 22 to 25 February 2016. EPA/TONI ALBIR

Twitter stung by stall in user growth

Apr 27, 2016 - 3:05 PM

The number of monthly active users on Twitter is 310 million up only 3 from a year ago

(FILES) This file photo taken on September 11, 2013 shows the logo of social networking website 'Twitter' is displayed on a computer screen in London. Twitter shares nosedived April 26, 2016 after a quarterly update showed little change in its user base and the messaging platform delivered weaker-than-expected revenue growth. The company posted a loss for the first quarter of 2016 of $80 million, compared with a loss of $162 million in the same period a year ago. Revenues meanwhile jumped 36 percent year-over-year to $595 million.  / AFP PHOTO / LEON NEAL

BDO nets record income in 2015: P25B

Apr 22, 2016 - 6:54 PM

But income for the first quarter of 2016 is down by 9 8 on trading and foreign exchange losses

DETAILING EARNINGS. BDO's Board of Directors give stockholders an in-depth look at the bank's recent performance at its 2016 Annual Stockholders' Meeting held in Makati on April 22. Photo by Chris Schnabel/Rappler

Higher fares, passenger traffic boost Cebu Pacific's Q1 earnings

May 16, 2015 - 10:40 AM

The airline attributes its bullish income and passenger growth to increased presence in key markets strategic seat sales offering the lowest possible fares and continuous network expansion

“Our latest operating statistics affirm our objective which is to further stimulate air travel and grow inbound tourism by expanding our services in new destinations," Cebu Air exec Paterno Mantaring, Jr. says. File photo by Francis Malasig / EPA

PH Q1 economic growth revised down to 7.7%

Aug 28, 2013 - 9:08 PM

This means the Philippines grew as fast as China did in the period January to March

Hong Kong grows 2.8% in Q1

May 11, 2013 - 4:57 PM

Hong Kong s economy saw modest year on year growth in the first quarter with strong demand from mainland China offsetting a weak environment in the West

Foreign direct investments up 72% in Q1

Jun 12, 2012 - 12:48 AM

The Philippines held the attention of foreign investors with inflows from abroad skyrocketing 72 in the first 3 months of the year

Agriculture to rebound in 2012, says expert

Jun 09, 2012 - 8:20 PM

Since agriculture is a major job creator and 70 of the poor are in rural areas government must do more

Photo courtesy of Katherine Visconti.

GMA-7 Q1 profit down 27% on soft airtime revenues

May 17, 2012 - 2:39 AM

Profits dropped 27 as revenues dropped and operating expenses rose