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BlackBerry swings back to profit despite shrinking subscriber base
- The future of BlackBerry as a relevant player in the modern smartphone market largely hinges on its newly released operating system. So how are things looking roughly two months after launch? Not great, but not nearly as bad as they…
Amazon Q4 results: revenue up 22% but profit slips 45%
- Amazon had a predictably solid holiday season that saw revenue climb 22 percent over the same period last year to $21.27 billion. Those fortunes, however, were overshadowed by a 45 percent decline in profit, dropping to just $97 million to…
Mobile helps boost eBay's revenue 18% last quarter, 21% on-year
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Topping analyst expectations of $0.69 per share on $3.976 billion revenue for the fourth quarter, eBay has posted earnings of $0.70 a share ($927 million) on $4 billion for the recently passed period, marking an 18% boost in revenue from the same time in 2011. Likewise, the company...
Sony posts $198 million loss for Q2, keeps a positive outlook
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Sony has posted a loss of $198 million on revenue of $20.5 billion for its fiscal second quarter, marking an improvement over the $350 million loss it reported in the same period last year and $312 million loss in the first quarter. While that may be a sign that its ongoing restructuring...
Apple's Q4 revenue hits $36 billion, Spotify rival rumored for early 2013
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On the heels of unveiling its iPad mini and new Macs, Apple has reported its fourth quarter financial results, posting revenue of $35.97 billion with net income reaching $8.2 billion ($8.67 a share), up from $28.27 billion and $6.62 billion a year ago. Although its revenue beat...
RIM: yet more losses, job cuts, BlackBerry 10 delayed until Q1 2013
- Research in Motion's situation has taken another dramatic turn after last night's earning call to investors revealed its urgently needed and potentially lifesaving BlackBerry 10 OS will be delayed. The Canadian firm also reported huge losses for the first financial…
Nvidia Q1 revenue and profit down, Q2 outlook beats estimates
- Nvidia on Friday reported revenue of $924.9 million for the company's first quarter of fiscal 2013 ended April 29, 2012, down from $962 million a year ago but still topping average analyst estimates of $916.2 million. Net profits took the…
Amazon beats Q1 predictions, share prices jump 14.6%
- Online retailer Amazon.com posted their first quarter results yesterday, beating analysts' estimates despite their outlook for growth being slower than expected. Share prices responded well to the news with the stock price jumping 14.6 percent according to Business Week.
Samsung posts Q1 results, overtakes Nokia's phone shipments
- Samsung has halted Nokia's 14-year lead as the world's top phone supplier according to analysts, posting first quarter results on par with record predictions in April. Official figures for the period ending March 31 saw the electronics giant's operating profit…
Apple announces Q2 earnings, 35.1 million iPhones sold
- Apple announced quarterly earnings on Tuesday, putting to rest speculation that competition might eat into its market share and sending shares surging in after-hours trading. The tech giant posted revenue of $39.2 billion, second only to the $46.33 billion reported…
Microsoft revenues beat forecasts, but Xbox and Bing disappoint
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Software giant Microsoft beat analyst predictions after posting better than expected results for their latest financial quarter today, buoyed by a unexpected rise in sales of its Windows operating system, according to the latest...
Nokia Q1 revenue falls 29 percent, head of sales steps down
- Nokia has announced the financial results for their first quarter of 2012 this morning, revealing a dramatic 30 percent drop in net sales as well as the stepping down of the company's head of sales at a time when the…
Intel sweeps record earnings into its coffers, anticipates 2012
- Say what you will about us being in a post-PC era, but Intel's pocketbook sure doesn't seem to be feeling it. The Santa Clara-based chipmaker releases its financial breakdown for the full year of 2011 with record revenue of $54…
Amazon ramps up Kindle Fire production, worries investors
- Amazon is boosting production of the Kindle Fire tablet ahead of its November 15 release. During the company's latest financial results announcement, founder and CEO Jeff Bezos said pre-orders have exceeded expectations and thus they are increasing capacity and building…
ARM smiles its way to the bank as profits double
- Chip manufacturer ARM Holdings had a record third-quarter despite slowdowns reported in most parts of the industry, in large part due to the insatiable demand for chips fitted to smartphones and tablets.
Netflix subscriber loss worse than expected, shares plunge
- Video rental service Netflix has posted worse than expected customer losses in Q3 2011 and predicted more cancellations over the recent price hike. Shares in the company plunged 27% after the announcement.
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