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Motorola Sold 28.1 Million Handsets in the Second Quarter of 2008

Although various analysts have predicted that Motorola will fall to the fourth or fifth place in the global handset industry, the American company remains on the third place when it comes to the number of mobile phones shipped in the second quarter of this year. Moto has issued today its financial results for the tim...

31 July 2008
09:18 GMT

Sony Ericsson Is with 95.5% Less Profitable Than in Q1 2008

Not long after unveiling the upcoming release of the new Walkman handsets (July 22 is the awaited date), Sony Ericsson has announced its financial results for the second quarter of 2008, which are far from being great. The Swedish-Japanese joint venture reports a net profit of only 6 million Euros for Q2 2008, with 9...

19 July 2008
04:28 GMT

Sony Ericsson Loses Profit but Wins Greenpeace Appreciation

Sony Ericsson is having a bit of a hard time, as it has recently announced that both its net sales and net income are declining. This is mainly due to the facts that, as the company puts it, there's a "moderating demand of mid-to-high end mobile phones". Also, it seems that the Swedish Japanese company is also a...

1 July 2008
03:19 GMT

How Power and Profit Wire in Our Brains

Why does money make one feel powerful? The answer to this question can be found in that profit and power have the same brain nucleus: the striatum, that is already associated with reward. These are the results of brain-scanning researches, published in the journal Neuron, for the first time looking for a connection m...

29 April 2008
14:06 GMT

Toshiba Loses 95% Profit, Launches Blu-Ray Player

The death of Toshiba's HD-DVD high-definition format triggered a series of losses in revenue that are reported to have reached alarming levels. According to Toshiba, the company's profit barely reached a faint 1.25 billion yen, much lower than the expected 26.17 billion yen achieved an year earlier.The com...

26 April 2008
01:59 GMT

Apple Announces $1 Billion Profits for Q2 '08

Apple has confirmed its profits for the first three months of 2008 or, in simpler words, its Q2 2008 financial results. Apple topped $1 billion thanks, in part, to a 50 percent increase in Macintosh computer sales. Apple said it earned 1.05 billion dollars, or 1.16 dollars per share. Total revenues for Q2 were of $7....

24 April 2008
03:09 GMT

22.3 Million Sony Ericsson Phones Shipped in 2008

Sony Ericsson announced today its financial results for the first quarter of 2008, as well as the total number of mobile phones shipped in this period. The Swedish-Japanese joint venture managed to sell, worldwide, 22.3 million handsets until the 19th of March 2008, which represents a 2% growth when compared to the ...

23 April 2008
11:53 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

Google Records Revenues of $5.19 Billion

The Mountain View-based company Google has just announced its financial results for the quarter ended on March 31, 2008, revealing revenues of no less than $5.19 million for this period. In case this doesn't ring any bells to you and you're not impressed at all, find out that this is an increase of 42 perce...

18 April 2008
02:17 GMT

115.5 Million Nokia Handsets Shipped in the First Quarter of 2008

Nokia just made public its financial results for the first quarter of 2008, unveiling net sales of 12.66 billion Euro, a 28% increase when compared to the 9.85 billion from the first quarter of 2007. The Finnish giant also announced it has shipped 115.5 million mobile phones worldwide (in 2008's Q1, of course), ...

17 April 2008
09:51 GMT

Hitachi Cancels its Exit From HDD Market, Starts Consolidating its Business

Japanese conglomerate Hitachi has announced that it dropped its plans of exiting from the hard-disk drive business, and is now gearing up to make a comeback by cutting down on production costs. The news was broken by Hitachi's storage division head during yesterday's conference.Hitachi's decision is so...

17 April 2008
04:10 GMT

Playlogic Releases Financial Results

Playlogic Entertainment, a medium-sized games publisher, has announced significant improvements in its 2007 financial report. When compared to the 2006 fiscal year, the company has had near double revenue, of more than 10 million dollars, and for the first time in its history, the firm's accounts were in the pos...

31 March 2008
03:05 GMT

Cisco to Post $9.8 Billion in Quarterly Profits

Networking giant Cisco Systems announced a 7.2 percent rise in quarterly profit. The company has announced increased revenue especially by selling its telephony gear. The company's figures were just as expected by the Wall Street analysts, and brought Cisco a raise of 1.2 percent in its shares."One of the key is...

7 February 2008
02:51 GMT

Nokia Finally Reached 40 Percent of the Global Market Share

Nokia announced its financial results for 2007 and reported that it has reached 40 percent of the global market share, a goal that the company had for some time but never managed to achieve it. This was possible thanks to the excellent sales from the fourth quarter of 2007, when a total of 133.5 million Nokia device...

25 January 2008
08:15 GMT

Nec Electronics: 2007 Was a Good Year for Business

Japanese chip manufacturer NEC Electronics is reported to have exceeded its operational profit expectations for this year. Company officials confirmed that the production of microcontrollers has greatly contributed to their final revenue. The semiconductor industry is sitting on quicksand, with prices sinking and ris...

19 December 2007
11:18 GMT

AMD Has a Bad Year, Ruiz Is to Take Financial Comfort

There is no secret that AMD have just reached the financial pit's bottom and have started scratching their way to the surface, but there's a long way ahead until they reach a zero balance. Profits are still out of discussion and it would take a new generation of CPUs to make AMD return to the rich people. T...

14 December 2007
04:19 GMT

Acer Declares Profit

Acer has recently posted a $90 million profit for the 2007 third quarter and it's beginning to take control of the computer market because it is very likely that the company could now be the third largest computer manufacturer in the world. Acer's recent growth was generated, in part, by the purchase of Gat...

31 October 2007
06:52 GMT

Apple Receives USD 800 for Each iPhone Activated in the US

Apple's share on the iPhone's revenues seems to be larger than previously thought. The same goes for AT&T, not just for the European deals that the company recently landed, which show the fact that Apple makes more money through the share from the operator's services than by selling the device.AT&T pay...

30 October 2007
04:09 GMT

Intel Increases Its Revenue Outlook

In the same day that AMD decided to finally officially launch its native quad core processors, Intel posted a new and improved revenue forecast for the third quarter of the year as the central processing units manufacturing company cited a growing demand for the Intel branded processors. Intel increased its revenue f...

11 September 2007
09:00 GMT

LCD Panels Sells Results

The most important Taiwan-based LCD panel makers like AU Optronics (AUO for short), Chi Mei Optoelectronics (also known as CMO), Chunghwa Picture Tubes (CPT) and HannStar Display posted record breaking sells result for the last month. CMO is the definitive winner of the last month as the company saw a strong improvem...

10 August 2007
11:59 GMT

AMD Wants to Raise $1.5 Billion

Advanced Micro Devices, popularly known as AMD, announced that it will offer convertible senior notes worth $1.5 billion. The company also said that those notes are due in 2012 and that interests will be paid each year on February 15 and August 15 at a rate of 5.75% per year.According to a company's press releas...

10 August 2007
07:51 GMT

Nvidia Breaks One More Record

The graphics chips manufacturer and vendor Nvidia reported record financial achievements as its revenues increased during the second fiscal quarter of the year. According to the company, this is a new record as the revenue came in the sum of $935.3 million, a 36 percent increase from the last quarter's revenue t...

10 August 2007
03:59 GMT

Beware of Memory Prices

For a while now computer memory prices are going up, one little step at a time, after a long period of free falling that created numerous financial problems among most manufacturers. Now, DRAM and NAND prices are expected to rise through the rest of August, even more so after the power outage that hit the Korean prod...

9 August 2007
08:14 GMT

Silicon Motion Technology's Record Shipments

Silicon Motion Technology is an integrated circuits design and engineering company that just announced that its sales for the second quarter of the year 2007 reached the mark of $44.1 million which represents an increase of 111 percent from the same period during the last year and a 23 percent increase over the first...

31 July 2007
09:36 GMT

AMD Takes Back Some Market

Following the processor price wars with Intel, AMD lost important revenues and because the company had no processor capable of standing head to head with the quad core processors from Intel, AMD lost market shares. The market position lost was almost a crippling blow for the smaller company as AMD has not enough reso...

31 July 2007
05:57 GMT

Toshiba Is Raising The Bar

The Japanese computer hardware maker and system integrator Toshiba raised its profits and revenue forecasts for the coming months after the company enjoyed a very good quarter with strong sales that translated into high revenues. During the first quarter of 2007 the net profits of the Japanese company reached the mar...

30 July 2007
08:02 GMT

Wester Digital and Its Numbers

Wester Digital announced the end of a very strong fiscal year. During the last quarter of the 2007 fiscal year, the company shipped no less than 24.9 million hard disk drive units, a serious jump from the 19.2 million units from a year ago. For this year, Western Digital registered $5.5 billion in revenues and an ad...

27 July 2007
04:31 GMT

Lexmark Sees a Profit Decline

Printer producer and vendor Lexmark International just announced its second quarter profits for this year and it looks as if they declined no less than 16 percent on the lower consumer market segment, partly because of lower sales and partly because of higher costs.Even so, Lexmark still managed to top Wall Street�...

24 July 2007
09:51 GMT

LG Electronics Reports Its Earnings Results

LG Electronics is a producer of consumer electronics and mobile communication. It has just announced its earnings for the second quarter of 2007. As the LG company is formed of more separate divisions, in order to facilitate an overview of the entire business, the company released financial earnings on a global basis...

21 July 2007
07:15 GMT

Ericsson, on a Financial Rise

Ericsson has just revealed its financial results for the second quarter of this year. The company has managed to reach high profits and continues its continuous growth tendency.Ericsson has managed to increase their net sales with up to 8 percent and reach an operating income and net income of 12 percent over the pas...

20 July 2007
06:12 GMT

IBM Is Focusing On Developing Economies

More and more of the IT industry is focusing on the emerging countries and their developing economies for various reasons: cheaper labor force, bigger market shares and increased profits. One of the IT giants and the father of the desktop PC, IBM, is currently receiving a big part of its impressive revenues from emer...

19 July 2007
09:47 GMT

Intel's Profit Skyrockets

Intel announced that its quarterly profit rose more than 40% over the last year's figures, reaching $1.3billion. It looks like the ongoing price war with AMD over the single and dual core processors left almost no scars as low selling prices were offset by higher than expected shipments.Intel's revenues ros...

18 July 2007
04:54 GMT

AMD Sinking, Intel Rising

Sometime during this week Intel's CEO Paul Otellini and AMD CEO Hector Ruiz will be reporting quarterly earnings. From a year ago - when Intel reported a huge drop in profits and a management overhaul - the current situation is much, much better as the second generation of Core processors first halted the losing...

16 July 2007
09:24 GMT

Samsung Hurt by Low Memory Prices

Samsung is maybe the world's largest memory chipmaker and because of the steep decline in computer memory prices it registered an all times low profit during this quarter. The outlook for the second half of the year is somewhat brighter as the market for random access memory used in personal computers is expecte...

14 July 2007
07:21 GMT

Huge Phone Sales for Sony Ericsson, Profit Fall for Motorola

Results for the first quarter of the year 2007 are here and show surprises in the evolution of the mobile phone producers. While little changes have come in the top 5 of such companies, some of them have reached high profit rates, while others have unexpectedly dropped in numbers.Overall, the profit growth of the mob...

4 June 2007
02:43 GMT

Windows Vista Record Growth and Profits

Robust customer demand for both Windows Vista and the 2007 Office System has managed to fuel a 72% growth in earnings per share for Microsoft. This translates in revenues of $14.40 billion for the quarter ended March 31, 2007, and that has seen the release of Windows Vista and Office 2007 to the general public. In th...

27 April 2007
03:06 GMT

And the Google Numbers Are...

Google released today the first quarter of 2007 results, presenting the company's revenues and the evolution of the Mountain View based firm in the first months of the year. According to the press release, the search giant recorded $3.66 billion in revenues, a 63 percent increase compared to the first quarter o...

20 April 2007
04:28 GMT

YouTube to Boost Profit Soon, Google Thinks

YouTube is by far the most popular website on the Internet but, since the Google acquisition, it is not such an important source of profit as the company expected in October 2006. At that time, Google paid $1.6 billion for YouTube, planning to pay off the money by attracting both users and publishers to the service. ...

7 March 2007
10:37 GMT




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