Mobiles Big 10 in Q3, 2013

Last quarter, we began a regular feature comparing the financial results of ten of the biggest companies currently operating in the mobile industry. With Q3s results now behind us, we returned to see whats changed, and whats the same – and look at the where soon-to-be-public Twitter fits in.

The biggest earner, across the board, was Samsung, for the second quarter running. At 59 trillion Korean Won ($55.7bn, £34.7bn) its revenues were much higher than Apples ($37.5bn), but profits were just narrowly ahead ($7.8m, compared to $7.5m) – something which reflects the impressive margins on Apples devices.

Revenues mostly remained steady in Q3, with only two companies dipping below their Q2 numbers: Microsoft (down seven per cent to $18.6bn) and BlackBerry (down 49 per cent, to $1.6bn).

As in the previous quarter, BlackBerry was one of just two companies to report losses during the quarter – it made a loss of $965m, compared to $84m in Q2. The other was Amazon, with a loss of $47m, compared to $7m the previous quarter.

Nokia had the fastest growth in revenues for the quarter, up 34 per cent on Q2 to €5.7m (£4.8m), but saw a shrink in profits, down 15 per cent to €241m. Facebook, meanwhile, had the fastest growth in terms of profit, rising 28 per cent quarter-on-quarter to $425m, while its revenues were up 11 per cent at $2bn.


With its IPO set for this Thursday, and Twitter recently revealing its financial results for the first time in an S-1 filing, it seemed a good time to compare it with the other companies in this list.

The first thing to note is that its much smaller. Revenues for Q3 stood at $169m, smaller than most other companies by a factor of ten. This figure is around eight per cent the revenues of Facebook, for example.

It also reported the second biggest loss of any company during the quarter ($65m), though this appears to be part of an upward swing.