Sony Profit Down, Nintendo Profit Up: Is CG Wrong?
Wii: Great for babies, the mentally deficient. It seems that Sony’s games division lost 54.2 billion yen ($445 million dollars) after the release of the PS3 this year. The company attributes the loss...
View ArticleHelio Hits 70,000
Everybody’s favorite MVNO Helio today announced that it had reached 70,000 subscribers, a pretty substantial number for a year old company. The results were released because Earthlink, Helio’s parent...
View ArticleMotorola Sales Not RIZNG
Bad news for all you INVSTRS out there: Motorola sales are sinking and it’s not subtle. The telecom giant has posted a loss of a whopping $181 million for Q1 alone. Decreasing sales of mobile handsets...
View ArticleMozilla makes free software, plenty of money
For a company that makes its living by producing open source software, Mozilla’s doing quite well for itself. It brought in almost $67 million in 2006, up 26% from the year before. It spent just under...
View Article3G iPhone is still profitable at $199
When people first saw the price of the new iPhone they thought, “Wow, how can Apple do that”? Well, ISuppli estimates the new iPhone will be cheaper to manufacture then the first one (I knew that had...
View ArticleSony loses $390.5 million
Poof! Sony lost $390.5 million in the first quarter compared to a profit of almost $800 million in Q1 last year. TV sales are way down along with still and video cameras. Samsung, it seems, is kicking...
View ArticleHP announces 4Q profits, and the news is good
In financial news, HP delivered something positive today. The fourth quarter has been a good one, with HP reporting a net income of $2.4 billion, in comparison to the $2.1 billion they reported last...
View ArticleSony getting closer to seeing a profit on PS3 sales
When the PS3 was first launched, Sony was losing about $200 for every console sold. As time has passed, Sony has worked out cheaper ways to manufacturer the console, but they are still losing money on...
View ArticleSony returns to black in last quarter, sees signs of hope for the future
Sony hasn’t been able to report good news on the financial front for quite some time, but now things it looks like things changed to the better. The company today said ["Sony Global Earnings Releases"...
View ArticleApple is definitely NOT going to lose money making the iPad
Well, iSuppli is at it again, and this time they are deconstructing the iPad. Admittedly they aren’t 100% sure about what exactly is inside the new device, they are taking their best shot at it and the...
View ArticleThis is how much VCs are paid
Venture capital is known for being an opaque industry, so it’s no surprise most of us have no idea what the average VC earns in a year. I got a closer look at the survey results of J. Thelander...
View ArticleThe Profit Is In Another Castle: Nintendo Records First-Ever Annual Loss
Citing poor sales of the Nintendo 3DS and “the stronger yen against the euro was also another reason,” Nintendo posted its first-ever loss – $534.6 million on revenue of $8 billion. This is down from...
View ArticleCrunch Report | Instagram Shoppable Photos
Today’s Stories Instagram tests shoppable photo tags Google launches Tango AR smartphone system Mobile internet use passes desktop for the first time, study finds Sony’s profit down 86% but its...
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Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model and a multiyear path to profitability. However, that path is fraught...
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