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Stories about: loss


THQ Still Has Big Future Plans

Video game publisher THQ has announced worse than expected results for the fiscal quarter that ended on December 31 of last year, showing a loss of no less than 55.9 million dollars (42.5 million Euro), which is quite an increase when compared to the loss posted in the same period of 2010. The big problem for THQ ha...

4 February 2012
10:41 GMT

Lack of Rebound Might Land Sony in Serious Trouble, Says Kaz Hirai

Sony is not in the best of shapes at the moment and needs to deal with an impressive loss of more than 2 billion dollars (1.52 billion Euro) for the fiscal quarter that ended on December 31 of 2011 and one its leading executives believes that the company needs to turn things around quickly.Speaking about his new role...

4 February 2012
03:13 GMT

PlayStation 3 Price Cut Blamed for Sony Quarterly Loss

Sony, the company which maintains the PlayStation brand of video game devices and a number of other electronics lines, has announced a loss of 2.09 billion dollars (1.642 million Euro), for the third fiscal quarter, which ended on December 31, and mentioned that the flooding in Thailand was to blame for the dip. Whe...

3 February 2012
03:04 GMT

Nintendo Announces Loss for Nine Months, Lowers Estimates

Video game hardware maker and publisher Nintendo has announced that it posted a net loss of 48.3 billion Yen (624.2 million dollars and about 476 million Euro) for the nine-month period which ended on December 31, 2011, and has lowered its estimates for the entirety of the current fiscal year, which is set to end on ...

27 January 2012
04:34 GMT

Take Two Shows Decrease in Revenue, Increased Losses

Take Two, the publisher that is in charge of franchises such Grand Theft Auto and Red Dead Redemption, has announced that it has seen revenue go down during the second fiscal quarter of the year, which ended on September 30, and also saw an increase in losses.Sales for the company came in at 107 million dollars (77.5...

9 November 2011
10:32 GMT

Rumor Mill: Nintendo Will Reveal Massive Losses

Video game hardware maker and publisher Nintendo is said to be close to revealing overall pre taxation losses of more than 100 billion Yen in losses, which is about 1.32 billion dollars (944 million Euro) at the current exchange rate, a figure that will make a lot of investors lose the trust they have placed in the c...

27 October 2011
02:57 GMT

Acer Suffers Abysmal Second Quarter, Loses $234 Million

HP's decision to completely let go of its PC business might not be the only thing that will shock the consumer base once they learn of just what kind of turn Acer's finances took during the second quarter. Consumers' minds might still be reeling after hearing that HP has not only abandoned its webOS ...

24 August 2011
10:31 GMT

SEGA Sammy Announces Loss Because of Weak Video Game Sales

SEGA Sammy, the Japanese company that is involved with both video game publishing and arcade operation, has announced that it has seen a loss of the first fiscal quarter of the year, which ended on June 30. The consumer business division of the company, which includes video games but also toys sales, has seen an o...

1 August 2011
08:17 GMT

Security Breach Will Cost Sony Estimated 171.7 Million Dollars

Video game publisher and hardware developer Sony has announced that it is revising its forecasted financial results for the coming year and that it expects to use the equivalent of 171.7 million dollars in order to cover the costs of the recent PlayStation Network-centered security breach. The cost of the security b...

24 May 2011
14:51 GMT

Nintendo Sells 3.61 Million 3DS Units, Profit Falls 66 Percent

Nintendo, besides confirming yesterday that it will, in fact, launch a Wii successor, has revealed its earnings for the last quarter of the fiscal year that ended on March 31, as well as sales figures for the 3DS platform. Nintendo, after a huge amount of rumors, confirmed that it would be releasing the successor ...

27 April 2011
14:21 GMT

Foxconn Loses more Money than Anyone Expected

2010 was the year where certain parts and companies on the IT industry managed to actually thrive, while others did not fare so well, and it seems that Foxconn is one of the least fortunate ones, according to its recent financial findings.The past couple of months have seen the financial results of a great many IT c...

31 March 2011
08:47 GMT

A-Data Loses Millions During Fourth Quarter of 2010

It seems that while some companies saw their businesses flourishing over the course of 2010, A-Data was not so lucky, at least not during the last three-month period of the year.Of all the market segment, DRAM may be said to have started to go downhill the worst late last year.While demand for NAND recovered enough ...

31 January 2011
08:05 GMT

Apple Claims Loss over iPhone Prototype Leak Is ‘Huge’

Unearthed court documents reveal that the publication of photos of an iPhone prototype was "immensely damaging" to Apple, representing a "huge" loss. Apple officials reportedly told police investigators that, "Sales of current Apple products are hurt," because of the published details about its next-generation iPhone...

17 May 2010
06:59 GMT

Sony Ericsson Posts EUR198 Million Loss for Q3

Japanese-Swedish phone maker Sony Ericsson has announced today its financial results for the third quarter of the ongoing year and has posted a loss of 198 million Euros for the time frame, as well as improved gross margin, although its sales during the quarter dropped 4 percent sequentially and 42 percent year on ye...

16 October 2009
09:03 GMT

Friends Reunited, Social Networking Pioneer Sells for £25 Million

Years after being the most popular social network in the UK, and one of the pioneers of social media around the web, the Friends Reunited website was sold by ITV to DC Thompson for 25 million British pounds. The sale was initially predicted at £15 million pounds, but ITV managed to cut its losses and raise the ...

7 August 2009
06:18 GMT

NVIDIA Reports Q1 Loss of $201,3 Million

Santa Clara, California-based NVIDIA has recently announced its financial results for the first quarter that ended on April 26, 2009. According to the results that were made public by the graphics chip maker, the company's revenue was down to $664.2 million, compared to the $1.2 billion it recorded in the first ...

8 May 2009
06:24 GMT

AMD Posts $358 Million Loss, Foresees Better Times Ahead

AMD posted its first quarter financial results late yesterday, and the news is far from good. Despite the fact that the chip manufacturer managed to push its Barcelona server processors on the market, the company continues to face catastrophic losses reported at $358 million.Losses were expected, as Advanced Micro De...

18 April 2008
04:09 GMT

Micron to Report Operational Loss for Q4 of 2007

Micron Technologies has reported a quarterly loss after a full year of profit. The largest manufacturer of memory chips in the United States has been terribly affected by the free-falling prices that could not even cover the manufacturing costs.Previously, Micron reported first fiscal quarter net loss of $262 millio...

21 December 2007
10:47 GMT

Two New Lost CDs Contain Private Info of 6,000 People

It's no longer a secret that our data is put at risk due to employees' negligence, as they have periodically lost CDs, laptops or computers hosting our information, so today's piece of news is nothing new for us. However, let's see what happened and how it occurred. According to BBC News, the Dri...

12 December 2007
03:04 GMT

How Often Do Your Lose Your Laptop?

The computer security is not all about antiviruses, antispyware technologies or any other software solution being installed on the system. It also refers to users' negligence that often boosts the attacks, data loss or any other leakage concerning private information. According to a research conducted by the Pon...

7 December 2007
05:09 GMT

'We Want SE-CU-RI-TY!' Experts Shout...

November and December came with a worrying high number of data losses that makes the security experts, from all around the world, give advises for a better and more powerful computer protection. Following the recent two major UK data leaks, concerning the HMRC and the DWP, Calum Macleod, European Director with Cyber-...

5 December 2007
15:06 GMT

Woman TOOK Users' Details at Home and FORGOT to Return Them

Let's suppose that all your private details are stored on a computer controlled by a government official. Because the employee is quite negligent with the information he has, he loses it and nobody knows exactly if it went in criminal hands or not. If an attacker can use your details in order to conduct criminal...

5 December 2007
03:41 GMT

HMRC: 'Please Accept Our Apologies For Losing Your Data!'

And the story continues. This time, we have an official statement from HMRC which published a 'Child Benefit customer update' on its official page to provide more information about the recent tragedy. In case you missed the news, although it's pretty difficult especially if you're living in UK, th...

22 November 2007
04:36 GMT

Encryption Could Prevent The UK Disaster, Experts Believe

Yesterday's confirmed UK data loss which put the information of about 25 million Britons at risk attracts more and more comments from the security vendors from all over the world which obviously fight for better security for digital material. After Sophos and McAfee, the first two companies which came out to tal...

22 November 2007
02:47 GMT

Manipulating Stem Cells to Treat Baldness

Some salamanders can regenerate limbs and some lizards can regenerate tails, not mentioning that reptiles constantly regenerate their teeth while in mammals this phenomenon is far more limited.But a new research reveals that mammals have significantly higher regenerative abilities than previously thought, as research...

17 May 2007
04:30 GMT

Bears and Astronauts

Bears do not really hibernate. They can awake very quickly from their winter sleep and their temperature, heart beat and pulse do not drop significantly. Anyway, they pass the winter in an immobility stage and they go out of their dens in a very good shape. In northern regions, like Canada or Siberia, bears can spend...

7 May 2007
03:10 GMT

Don't Cry Over Your Loss. Recover It!

Loss is something that makes us all suffer. When loss occurs, one feels empty, powerless, disappointed. There are so few things that could make up for one's loss, and there is nothing that can bring one relief when something dear or very important is lost. While you can't recover the steak your dog ate or y...

17 March 2007
05:26 GMT


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