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Facebook's upcoming video ads may run advertisers $1 million daily
- In an effort to better capitalize on its billion-plus members, Facebook may be looking to roll out its own video-based ad service as soon as this summer, a report by Ad Age indicates. Placing a video ad on Facebook won't…
Microsoft sells 400,000 Surface Pros despite $899+ price tag
- Despite its rather steep $899 entry price -- and Microsoft's inability to keep the tablet in stock -- the company has moved more than 400,000 Surface Pro tablets since its February 9 debut. This information comes from anonymous sources in…
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…
Facebook profits tumble due to heavy mobile spending
- Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,…
Microsoft blames OEMs for slow Windows 8 sales, plans February "relaunch"
- A report by The Register reveals that Microsoft blames OEMs for its relatively lackluster Windows 8 sales. Purportedly, Microsoft believes vendors didn't adhere closely enough to its hardware recommendations, producing mostly non-touchscreen computers that didn't showcase Windows 8's touchable side.…
Samsung reports $52.45 billion in revenue, good for $8.27 billion profit
- Samsung recently reported fourth quarter 2012 earnings which narrowly outpaced estimates released earlier this month. The South Korean multinational conglomerate earned revenues of roughly $52.45 billion with a profit of $8.27 billion. Samsung said the profit was up 10 percent…
Apple posts record earnings, iPhone and iPad sales, yet misses Wall Street expectations
- One would think that posting record revenue and record quarterly profit would be seen as a good thing, but apparently that’s not good enough if your name is Apple. Despite the aforementioned good fortune, Cupertino still missed analyst’s lofty expectations…
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...
Microsoft Surface sold fewer than 1 million units in Q4 2012
- It appears sales of Microsoft's Surface RT tablet may have only performed half as well as analysts expected during Q4 2012. Industry researcher Brent Thill of UBS said that Microsoft only sold about one million units -- that's one million…
Call of Duty: Black Ops II sales top $1 billion in 15 days
- Last month Treyarch and Activision announced that Call of Duty: Black Ops II generated $500 million in sales within the first 24 hours. That’s 20 percent more revenue than last year’s Modern Warfare 3 and it appeared the latest entry…
Dell's consumer sales suffer, Windows 8 touch devices encouraging
- With yesterday's report of sagging consumer PC sales, Dell said it's looking to other markets (i.e. enterprise and IT services) to help pick up the slack. Dell has talked about transitioning from consumer PCs to IT business services in the past,…
AMD posts $157 million loss, cutting workforce by 15 percent in Q4
- Things could quickly be going from bad to worse in the event you work for AMD or know someone that does. The struggling microprocessor company has reported a loss of $157 million ($0.21 per share) for the third quarter on…
Intel's Q3 revenue beats estimates but is still down year-over-year
- Intel has released third quarter revenue and earnings that, while lower than those from the same time period last year, topped analyst estimates in both categories. The chip maker reported revenue of $13.5 billion over the three month period, a…
Console gaming sales down 24 percent in September
- It appears the U.S. console gaming industry has fallen into an autumn slump, generating $250 million less revenue in September than the same time last year. All in all, NPD Group analysts report that revenue was down about 24 percent.…
PC shipments fall for first time since 2001
- We've been hearing about a supposed post-PC era for some time now while tech pundits have continued to bandy about once unfathomable ideas like the death of PCs. And although PC manufacturers have struggled, the real-world results of hundreds of…
HP bumps layoffs up to 29,000, plans to invest more into R&D
- In May, HP announced it would be cutting 27,000 jobs worldwide or about seven percent of its total workforce. However, yesterday ZDNet broke down HP's 10-Q quarterly SEC filing which spells out the elimination of 2,000 more jobs than previously stated, making for…
Dell and HP report poor second quarter results
- Dell has posted second quarter financials and the prognosis is pretty bleak. The PC business posted revenues of $2.6 billion which is 22 percent less than the same time period last year. The overall picture isn’t as bad, however, with…
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…
Spotify is the second largest revenue source for record labels
- A source close to Spotify claims it is the second largest revenue generator for major music labels. The service was used by 23 million people last month and is bested only by Apple’s iTunes, according to a story published by…
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…
MoPub: Apple's UDID policy costs iOS developers 24% in ad revenue
- MoPub, a mobile ad company, claims that Apple's policy of rejecting ads which utilize unique device identifiers (UDID) is resulting in an ad revenue loss of 24 percent for iOS developers. MoPub arrived at this finding after analyzing three months worth…
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