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HTC sees significant profit drop amid HTC One delay
- The mobile phone industry is thriving like no other but of course that doesn’t exactly guarantee success as a vendor. HTC, Taiwan’s largest smartphone maker and one of the hottest brands just a few years ago, is one of several…
Denmark to slap Microsoft with $1B in taxes after funneling profits overseas
- Microsoft's clever accounting techniques may have been a little too clever, at least according to Danish authorities. Denmark officials are considering a tax levy of 5.8 billion kroner -- or roughly 1.01 billion USD at current exchange rates -- over…
EA: micro-transactions will be built into "all of our games"
- It appears micro-transactions -- those enticing in-game unlocks and premium items that typically cost a litte extra cash -- will possibly make their way into every Electronic Arts game in the not-so-distant future. EA says it plans to add in-game…
AOL dial-up users account for 70% of profit, posts first gains in 8 years
- It's no secret that AOL's dial-up business remains a major cash-cow for the once prolific ISP-turned-media company. However, it may surprise you to know that AOL's profit from those dial-up subscribers utterly dwarfs all other facets of its business --…
HP rumored to be considering company "break up"
- In 2011, former CEO Leo Apotheker proposed jettisoning HP's iconic PC business -- a division which suffers from notoriously anemic profit margins -- in an attempt to return HP to greater profitability. Although Apotheker's successor, Meg Whitman, canned that idea,…
HDD revenue to fall 11.8% in 2013, WD may bump Seagate for top spot
- Industry analyst IHS iSuppli expects revenue generated by sales of mechanical hard drives to slip by 11.8 percent during 2013. HDD sales in 2012 grossed a healthy $37.1 billion during 2012, but a speculative 11.8 percent drop could whittle that…
Streaming music rakes in revenue, not hurting digital downloads
- Warner Music Group, a major player in the music industry who's labels include the likes of Atlantic, Elektra, Warner Bros., Reprise and East West, has released their fiscal third quarter results. The results? For the first time ever, online music streaming…
Samsung soars to $5.9bn profit driven by Galaxy smartphone demand
- Samsung's profits soared in its second quarter thanks to stronger than expected sales of its Galaxy S3 smartphone, despite parts supply problems and issues with maintaining stock levels at retailers. The South Korean firm's other businesses struggled however, with its…
Diablo 3 most pre-ordered Blizzard game ever, reports Q1 profits
- In a quarterly earnings report by Activision Blizzard, the company reveals that Diablo III has become the most anticipated Blizzard game ever. Although no specific pre-order figures were given, better than expected Diablo III pre-sales are expected to lend themselves…
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…
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...
Samsung predicts record quarterly profits, to open stores in Canada
- Samsung has released the latest projected figures for their first financial quarter (January-March), ahead of their April 27 earnings announcement. All told, Samsung estimates their operating profit will be nearly double the previous year at 5.8 trillion won ($5.1 billion)…
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