By Jharma Mulchandani, on April 19th, 2013%
The wireless carrier, Verizon Communications, reported a healthy profit on Thursday. The revenue is mainly from the wireless business that made millions from the smartphone sales, services, and subscription that keeps growing steadily.
The company’s investors were reportedly very satisfied and happy with the results in spite of the communication company’s increase of smartphone plan prices and cutting down the unlimited data service these past few years. Customers just keep coming and subscribing and seems like they are more willing to spend now in their monthly bills.
According to analyst Tero Kuittinen of Alekstra, . . . → Read More: Verizon Wireless Reports Healthy Profit and Increased Share
By Jharma Mulchandani, on April 9th, 2013%
Taiwan’s largest smartphone manufacturer, HTC, has reported their lowest quarterly revenue. According to analyst, this is due to the delayed release of their latest flagship smartphone, the HTC One, that caused the company not to reach their profit target.
In the first quarter of 2013, HTC’s net income decreased 2.8 million USD or 85 million NTD. This is the sixth plunged of revenue said HTC Corp. yesterday in their income report.
HTC’s preparations and getting people excited for the release of HTC One suddenly lost momentum when the company stumbled in some issues in . . . → Read More: HTC Corp Hits Record Low Revenue in the First Quarter of 2013
By Dora Tutor, on October 19th, 2012%
On Thursday, Microsoft has released its report on sales from its Windows division with a 33 percent drop in the third quarter. Despite this bad news, the software maker giant’s pre-sales of Windows 8 reported to have nearly $800 million, which is forty percent higher compared to the pre-sales for the previous operating system Windows 7.
The overall profits of Microsoft for its fiscal first quarter was recorded as $16.01 billion, which is down by 7.8 percent compared to last year’s first quarter. The earnings per share was down to 7.9 percent at 63 cents while net income was at . . . → Read More: Windows 8 pre-sales figures show high revenues, Microsoft
By Jharma Mulchandani, on September 16th, 2011%
Research in Motion, the maker of BlackBerry reported a big drop of revenue on Thursday and said that it sold fewer tablets that they expected. The company’s shares fell down more than 19%.
The results show a struggle to compete with the big players like smartphones running on Google’s Android Operating System and Apple’s iPhone and increased pressure for BlackBerry’s long-promised new phone to be the next hit.
The company stated Thursday that the net income was 419 million after three months. That’s a big fall down from 796.7 million a year ago. According . . . → Read More: RIM Income Falls Down
By Dora Tutor, on August 18th, 2011%
Chinese PC manufacturer Lenovo has reported better-than-expected incomes for the first quarter on upper overseas and commercial sales.
Lenovo said net income was $108.8m (£65.8m) for the three months to the last part of June, a 98% flow compared with the same period last year.
The surge was driven by rising markets, with a 46% hop in consignments.
The newest numbers helped Lenovo turn out to be the third biggest PC vendor of the world by total shipments.
Liu Chuanzhi, chairman of Lenovo said, “Our business continues to climb and . . . → Read More: Higher Overseas Sales Causes Lenovo Profit to Nearly Double Up
By Imee Celine Lenoir, on July 28th, 2011%
A surprise loss was reported by the Japanese gaming giant Nintendo, hit by weak sales of its new 3DS handheld game player.
A net loss of 25.5bn yen for the April to June quarter, which is equivalent to $324m, £201m, was reported by the company compared with a loss of 25.2bn in the previous year.
Nintendo now expects a net income of 20bn yen, losing 82% from its previous estimate for the year to March 2012.
The cost of the 3DS console was slashed sharply in Japan and the US.
. . . → Read More: Weak 3DS Console Sales Affect Nintendo Revenue
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