Apple iPhone sales in recent quarter: 7.4 Million Units!
Apple continues to smash new records every quarter. The company has just come out with their latest revenue report and they have done very well.
The company said that they sold more Macs and iPhones compared to the same period last year.
In fact, they managed [...]
Eric Schmidt: YouTube would be profitable
Google CEO Eric Schmidt has stated that they believe YouTube would become profitable soon for the company.
YouTube currently makes millions of dollars of losses for the company as revenues from advertising is little and the expenses related to bandwidth are much more.
Schmidt said: “What we said is we [...]
Research in Motion has sold 50 million Blackberry units
Research In Motion Limited has announced that they have crossed sales of 50 million units of Blackberry smartphones.
The company also posted impressive revenue report for the most recent quarter.
RIM reported record high revenue of US$3.46 billion in the quarter. This is up 84% compared to the [...]
Palm revenues are down as market waits for Pre
Palm has revealed their latest revenue report and the figures are not looking good.
The revenues for the company are down as the company managed to sell 42 percent fewer smartphones than in the same period last year.
One of the main reasons could be the upcoming launch [...]
Palm needs Pre to be a success to improve revenues
Palm has been in trouble since months now with their revenues. The company is yet to launch their new Pre smartphone.
And the company has now said that its third fiscal quarter will be dismal. Palm is expecting to record between $85 million and $90 million in [...]
Yang Yuanqing is the new CEO of Lenovo
Lenovo Group has posted a net loss of $97 million for the quarter ended Dec. 31.
This is down from profits of $172 million during the same period a year ago.
The company has also now appointed Yang Yuanqing as their new CEO. He takes over from William [...]
Google posts their quarterly earnings
US based search engine giant Google has come out with their latest quarterly earning report.
The company has managed to beat Wall Street forecasts. Google benefited from strong advertising sales on its self-branded websites.
Google stated that their fourth-quarter net income was around $382 million. This is down from $1.21 billion [...]
Intel profits down massively
US based microprocessor manufacturer Intel has stated a 90% drop in fourth-quarter earnings.
This was very much expected as the semiconductor industry is facing lack of demand.
Intel said that their net income in the quarter ending in December was around $234 million, or 4 cents per share.
This is down massively from [...]
AT&T profit down as subsidies on iPhone hurting bottom line
AT&T might have the star in its armor as they are the exclusive carrier of the Apple iPhone 3G in the US market.
But this is hurting their bottom line. The company is subsidizing the mobile phone heavily as they are aiming to generate the profits [...]
Advanced Micro Devices posts improved results
Advanced Micro Devices has posted yet another loss making quarterly revenue report.
However, the figures were better than what the market had expected.
AMD stock gained in the stock market as they went up by 33 cents in after hours trading.
AMD is splitting up their operations as part of a deal [...]
