Tag: profit
iPhone 4 and iPad 2 drive record quarter earnings for Apple
Apple have revealed record earnings for the second fiscal quarter of 2011. The Cupertino-based company hit a record net profit of $5.9 billion, with an income of $24.67 billion between January and March of this year. Strong sales of iPad…
Nintendo profits fall as Wii sales slow
Nintendo have released their annual financial report, revealing a fall in annual profits for the first time in four years. As demand for the Wii hardware continues to decline, operating profit fell by 36% to 356.57bn yen (£2.5bn) in the…
iPhone app developers Tapulous make $1 million a month
Tapulous, the iPhone app developers famous for their popular rhythm game Tap Tap Revenge, have claimed that they are now making close to $1 million (£619k) a month from sales of their iPhone applications. Tap Tap Revenge was originally a…
Sony boss surrenders pay bonus, as company braces for job cuts amid sales slump
Sir Howard Stringer, the Sony boss whose company reforms were doing a great job until the global financial crisis stopped everyone buying second BRAVIAS for the bedroom on their credit cards, will be turning down his bonus this year as Sony reveals its first annual loss in 14 years.
“The massive economic upheaval being experienced across the globe is sparing no one in the consumer electronics world,” Stringer said, as he revealed a forecast loss of $1.7bn for the year – and said Sony would look to making more job cuts on top of the already-announced 16,000 staff its planning…
Motorola "stuck, in quicksand" and "not going to get out" as mobile sales slump again
BUSINESS NEWS!
Sales in Motorola’s mobile division have continued to plummet, with its share of the US mobile market falling to 9.5% over the last financial quarter – compared to 23.3% at the end of 2006 when people still thought the Razr range was any good.
Motorola itself blamed the fall on a “weak line up…
