Related topics: net income · revenue · share · net profit · iphone

Spotify reaches 100 million paying subscribers

Swedish music streaming giant Spotify said Monday it had amassed 100 million paying subscribers, but the company also fell back into the red and reported a first quarter operating loss.

Privacy fine set-aside dents Facebook's profit

Facebook said Wednesday its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.

Study shows female managers don't mean higher pay for women

A new paper in the European Sociological Review indicates that women's and men's earnings are not affected by the share of female managers in an organization, nor by the sex of workers' individual managers.

Nokia Q4 profit up as operators switching to 5G networks

Nokia has reported increased fourth-quarter earnings on the back of grown orders from telecom operators of new-generation mobile networks that are expected to be rolled out commercially this year.

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Income

Income, refers to the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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