current fiscal year

current fiscal year

Apple Has Bought 9 Companies Since October, and Is Going to Pick Up the Pace - Tim Cook

allthingsd.com
What’s Apple doing with it its big pile of cash? Shouldn’t they go buy some companies with some of that dough? Well, they are, says Tim Cook. The Apple CEO says that in the company’s previous fiscal year, it bought a company every two to three months. In its current...
Apple Has Bought 9 Companies Since October, and Is Going to Pick Up the Pace - Tim Cook

Pandora Stock Takes a Beating After Forecast For a Bleak Winter

betabeat.com
So much for a rosy outlook: Pandora stock plummeted 18 percent in trading after markets closed, as the digital music service projected increased losses for the current fiscal year. Shares fell despite a strong fiscal third quarter for the company, in which revenue increased 60 percent to $120 million...
Pandora Stock Takes a Beating After Forecast For a Bleak Winter

RIM Gave Its Former Co-CEOs A Combined $12 Million In Payouts

www.businessinsider.com
It sure does pay well to manage a company's decline. After stepping down earlier this year, RIM's former co-CEOs Mike Lazaridis and Jim Balsillie were given a combined payout from the company of about $12 million, AllThingsD reports. SEC filings show that Balsillie received a payout of $7.93 million for...
RIM Gave Its Former Co-CEOs A Combined $12 Million In Payouts

Japanese Gadget Makers Need To Pull Off A Miracle

www.businessinsider.com
Ailing gadget-makers may find it hard to copy Toyota's turnaround. JUST over three years ago, Akio Toyoda, then the new boss of Toyota, said that the carmaker founded by his grandfather was on the verge of "irrelevance or death". Buffeted by bad news ranging from the global economic crisis to...
Japanese Gadget Makers Need To Pull Off A Miracle
Nintendo only needs to sell one game with each Wii U to make console profitable
Blackstone Ends Dell Bid, Says The PC Business Is Too Ugly

Japanese ecommerce giant Rakuten booked $2.56 billion in revenue in the first half of 2012

thenextweb.com
Japan-based but global ecommerce juggernaut Rakuten reported its financial results for the first 6 months of the fiscal and calendar year this morning, revealing that its revenues exceeded ¥200,5 million (roughly $2.56 billion), up almost 13 percent compared to the same period last year. Rakuten reported an operating profit of...
Japanese ecommerce giant Rakuten booked $2.56 billion in revenue in the first half of 2012

Internal Memo: Ballmer on exit of Microsoft finance chief

www.geekwire.com
Earlier today, Microsoft chief financial officer Peter Klein announced his plans to leave the company after four years in the CFO role, and 11 years at the company. Microsoft CEO Steve Ballmer sent the following memo to Microsoft employees about the change, along with a summary of the company’s quarter...
Internal Memo: Ballmer on exit of Microsoft finance chief

Growth in Indian IT services exports to slow down, says Nasscom

www.computerworld.com
Growth in India's exports of IT services, business process outsourcing and related services is forecast to drop to 11 to 14 percent in the Indian fiscal year to March 31, 2013 from an estimated 16.3 percent in the current fiscal year, the National Association of Software and Services Companies (Nasscom)...
Growth in Indian IT services exports to slow down, says Nasscom
Down 24% from its 52-week high, Barron's names Apple top stock for 2013

Struggling Logitech Bites Bullet, Lays Off 450

allthingsd.com
The hammer has finally dropped at Logitech. The struggling peripherals maker said Friday that it’s sacking 450 employees as part of a global restructuring first announced in April. The cuts, which will reduce the company’s workforce by about 13 percent, are expected to trim Logitech’s annual operating costs by $80...
Struggling Logitech Bites Bullet, Lays Off 450
Sony is dumping nearly $1B into massive layoff and restructuring effort

Sony annual losses soar, now expected to be nearly $3 billion

www.computerworld.com
Sony said Thursday it now expects to lose nearly US$3 billion in the current fiscal year through March, over double its target from just three months ago, as it books expenses related to the sale of its share in its LCD joint venture with Samsung and the effect of flooding...
Sony annual losses soar, now expected to be nearly $3 billion

Troubled Sharp opens $350 million voluntary redundancy initiative

thenextweb.com
These are tough times at Sharp and the company is out to retain every yen that it can. Now the financially troubled Japanese firm has revealed it has set aside close to $350 million (27 billion yen) to offer its staff voluntary redundancy packages. Earlier this month the company announced...
Troubled Sharp opens $350 million voluntary redundancy initiative
Microsoft confirms smaller Windows 8 touch devices are on the way

Microsoft trounces Wall Street quarterly estimates amid weak PC sales

www.electronista.com
Microsoft today announced quarterly revenue of $20.49 billion for the quarter ended March 31, 2013. Operating income came in at $7.61 billion, net income rose to $6.06 billion, with diluted earnings per share hitting $0.72 per share, beating Wall Street estimates in every regard. Additionally, Microsoft is replacing its Chief...
Microsoft trounces Wall Street quarterly estimates amid weak PC sales

Dell's Forecast For 2014 Has Dropped Nearly $10 Billion (DELL)

www.businessinsider.com
As part of a proposed transaction to take the company private, Dell has issued a 274-page proxy statement outlining how it came to this pass. There's lots of legalese and background information on all the meetings Dell had with prospective investors. But the real takeaway are in Dell's shrinking forecast,...
Dell's Forecast For 2014 Has Dropped Nearly $10 Billion (DELL)

Microsoft CFO Peter Klein to Depart

allthingsd.com
Microsoft said CFO Peter Klein “will leave the company at the end of the current fiscal year, after nearly four years in role and 11 years at the company,” adding that the software giant will be naming a new leader from its internal finance team team in the next several...
Microsoft CFO Peter Klein to Depart

RIM to Former Co-CEOs: Here's $12 Million For a Job Well Done -- Until About 4 Years Ago

allthingsd.com
When Research In Motion’s long time co-chairmen and co-chief executives Mike Lazaridis and Jim Balsillie relinquished their management roles earlier this year, their incentive to do so was more than just an angry mob of shareholders and critics calling for their ouster. It was money. Nearly $12 million in combined...
RIM to Former Co-CEOs: Here's $12 Million For a Job Well Done -- Until About 4 Years Ago

Wikimedia Foundation Raises $25M In Donations Over 9 Days

techcrunch.com
Wikimedia Foundation announced today that it raised $25 million from more than 1.2 million donors during its 2012 fundraiser, which ran on English-language Wikipedia in five countries (the U.S., Canada, Great Britain, Australia and New Zealand) for nine full days, a decrease in time from Wikipedia’s 2011 fundraiser, which was...
Wikimedia Foundation Raises $25M In Donations Over 9 Days

Dolby Says It Doesn't See Windows 8 Shipping Until At Least October

allthingsd.com
The most interesting thing about Dolby’s deal with Microsoft was not in the press release announcing the deal, but rather a statement in the company’s earnings report on Thursday. Dolby said it doesn’t expect the deal “to affect its fiscal 2012 outlook because Windows 8 is not expected to ship...
Dolby Says It Doesn't See Windows 8 Shipping Until At Least October

Here are Microsoft CEO Steve Ballmer and Peter Klein's internal memos regarding the CFO's exit

thenextweb.com
TNW has obtained copies of the internal memos sent by Microsoft CEO Steve Ballmer and departing CFO Peter Klein concerning the latter’s departure. That exit was announced as part of Microsoft’s quarterly earnings. Naturally, the news of Klein’s departure comes at a time in which Microsoft is undergoing a number...
Here are Microsoft CEO Steve Ballmer and Peter Klein's internal memos regarding the CFO's exit

Infosys Profit Rises 27%

online.wsj.com
Infosys beat expectations with a 27% rise in its fourth-quarter consolidated net profit, but sent its shares plunging with a weak dollar-revenue forecast for the current fiscal year....
Infosys Profit Rises 27%

Sharp further cuts bonuses and salaries to stay above water, save $180 million

www.engadget.com
Sharp is already in full-on belt-tightening mode, and it's not just cutting jobs to keep its staffing costs in line with shrinking finances. The sinking tech giant is doubling the size of executives' salary cuts to 10 percent for a year-long period, all the while slashing planned 2013 bonuses...
Sharp further cuts bonuses and salaries to stay above water, save $180 million

2005: "When Microsoft got into the console game in 2001, much was made of the fact that it lost an estimated $125 per console on each Xbox. Four years later, that per-console-hit has tallied to $4 billion of red ink for the Redmond, Washington-based softw

parislemon.com
True, but again, Xbox was a new product in a new division that did not cannibalize other divisions. Surface will cannibalize the Windows division.  That's a division that brought in $2.4 billion in revenue last quarter and $11.5 billion for the year. BTW, the Entertainment and Devices Division (which is essentially...
2005: "When Microsoft got into the console game in 2001, much was made of the fact that it lost an estimated $125 per console on each Xbox. Four years later, that per-console-hit has tallied to $4 billion of red ink for the Redmond, Washington-based softw

Sony sells its US headquarters

www.pcworld.com
Sony will sell its U.S. headquarters to raise US$685 million in cash, parting ways with an iconic New York building it has occupied for 20 years. Sony's U.S. headquarters in New York City. The Japanese electronics manufacturer, which has sworn to return to profitability after a record loss last...
Sony sells its US headquarters

Nintendo misses profit goal as Wii U, 3DS sales sag

www.pcworld.com
Sales of Nintendo's Wii U and 3DS fell short of the company's targets last fiscal year, pulling its profits down to half of what it expected.Nintendo sold 3.45 million Wii U consoles globally in its fiscal year ended March 31, 14 percent below the goal of 4 million Nintendo...
Nintendo misses profit goal as Wii U, 3DS sales sag

Red Hat Is Still On Target To Nearly Triple Revenues In Three Years, CEO Says (RHT)

www.businessinsider.com
Red Hat, the first and only open source software company to reach over $1 billion in revenue, is still on track to nearly triple its revenue to $3 billion by 2016,  CEO Jim Whitehurst said in an interview. Whitehurst promised the $3 billion mark back in 2011 when the company...
Red Hat Is Still On Target To Nearly Triple Revenues In Three Years, CEO Says (RHT)

Nintendo Cuts Outlook After Soft Demand for Wii U

parislemon.com
Nintendo Cuts Outlook After Soft Demand for Wii U: Daisuke Wakabayashi for WSJ: Nintendo slashed its sales outlook in the wake of disappointing holiday demand for its new Wii U videogame console, which it had been banking on to rekindle consumer excitement. ... For the current fiscal year to March,...
Nintendo Cuts Outlook After Soft Demand for Wii U

Zynga Q1 offers upside surprise, investors stage relief rally

news.cnet.com
Game company raises bookings and guidance for the current fiscal year [Read more]...
Zynga Q1 offers upside surprise, investors stage relief rally
× Just a test of the new info bar. What do you think?