profitability

profitability

Netflix Goes Nordic, With Plans To Launch In Norway, Denmark, Sweden, And Finland Later This Year

HP's big layoffs will only go so far

www.zdnet.com
HP will need to lay off workers to boost its profitability, but then reinvest the savings in more lucrative markets....
HP's big layoffs will only go so far
Best Buy posts mixed Q4 earnings, plans to close 50 U.S. stores

Apple's iPhone Business Alone Is Now Bigger Than Microsoft

www.businessinsider.com
Tech writer MG Siegler just noted a remarkable fact: Apple's iPhone business alone is now bigger than Microsoft. Think about that. The iPhone did not exist five years ago. And now it's bigger than Microsoft.  Not Windows. Not Office. Microsoft. The iPhone also appears to be considerably more profitable...
Apple's iPhone Business Alone Is Now Bigger Than Microsoft
Fab, A Design Site That Raised $156 Million To Compete With Ikea, Now Has 10 Million Members

Clearwire May Dump WiMAX

gigaom.com
Clearwire said today it’s changed the terms of an agreement it had with Intel, one of its largest investors, that could lead the way for Clearwire to dump WiMAX and switch to LTE. On its first-quarter financial results call today, an executive with Clearwire said the new terms allow...
Clearwire May Dump WiMAX

Groupon Earnings: Is the Cute Email Company Ready to Be a Real Business?

pandodaily.com
Groupon has had a rough quarter. A rough year, even. No clear road to profitability, a disastrous accounting mistake, that beer-swilling meeting. The stupid Earth Day email. The company has become a punch line and cautionary tale. Even the Daily Deals summit–an event created for an industry created by Groupon–was...
Groupon Earnings: Is the Cute Email Company Ready to Be a Real Business?

AOL's Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013

techcrunch.com
AOL’s Q4 earnings today saw that company (which owns TechCrunch) finally make a turnaround, after 8 years of decline, into revenue growth, with overall sales of $599.5 million. But there are still a lot of areas that are seeing flat or declining revenues, and some that are loss-making: among those...
AOL's Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013

Nokia sold 4.4 million Lumia smartphones in 'solid' Q4 2012; results 'exceeded expectations'

thenextweb.com
Straight out of left field, Nokia has today announced that its fourth quarter of 2012 was surprisingly solid, making its stock price spike. Revealing its preliminary financial results for Q4 2012, Nokia says ‘Smart Devices’ net sales came in at approximately 1.2 billion euros, with total volumes of 6.6 million...
Nokia sold 4.4 million Lumia smartphones in 'solid' Q4 2012; results 'exceeded expectations'
Ultrabook prices to remain high through 2012, drop in 2013

This Startup Opened An Office In Seattle Specifically To Poach Ex-Microsoft Staff (MSFT)

www.businessinsider.com
PaperG, a startup dedicated to giving small and medium-sized businesses a self-serve platform to create full-blown web and mobile banner campaigns in seconds, has opened an office in Seattle simply to poach talent that's bailing out of Microsoft Advertising, CEO Victor Wong tells us. Microsoft's advertising unit has had a...
This Startup Opened An Office In Seattle Specifically To Poach Ex-Microsoft Staff (MSFT)

Digital Gifting Startup GiftRocket Hits Profitability, Announces API And Reduced Fees

techcrunch.com
GiftRocket, a 2011 Y Combinator grad, is a simple P2P digital gifting service that lets users send and receive digital gift cards via email. Originally, the startup was focused around location-based gifting, allowing friends to send each other digital gift cards that could be accessed once they checked-in to a...
Digital Gifting Startup GiftRocket Hits Profitability, Announces API And Reduced Fees

AOL Promotes CFO Artie Minson To COO, Puts Him In Charge Of Three Major Divisions (AOL)

www.businessinsider.com
AOL CFO Artie Minson got a promotion today, becoming the company's COO. In his new role he's overseeing three business divisions: Advertising, Content, and Mail. He's going to have to figure out to get the company growing. AOL is looking for a new CFO to fill his old slot. Here's...
AOL Promotes CFO Artie Minson To COO, Puts Him In Charge Of Three Major Divisions (AOL)

Cisco Cautious Despite 22% Rise in Income

bits.blogs.nytimes.com
Cost-cutting measures aided profitability, but the company warned that it faced "a cautious" environment for corporate spending on information technology. Read more »...
Cisco Cautious Despite 22% Rise in Income

FACEBOOK FALLOUT: Y-Combinator's Paul Graham Just Emailed Portfolio Companies Warning Of 'Bad Times' In Silicon Valley

www.businessinsider.com
Facebook has flopped on the public markets, and now we have vivid evidence of how badly Silicon Valley is reeling in the fallout. Paul Graham, cofounder of Silicon Valley's most important startup incubator, Y-Combinator, has sent an email to portfolio companies warning them "bad times" may be ahead. He warns:...
FACEBOOK FALLOUT: Y-Combinator's Paul Graham Just Emailed Portfolio Companies Warning Of 'Bad Times' In Silicon Valley

Audio Equipment Site Unique Squared Raises $1 Million

pandodaily.com
Unique Squared, a music gear ecommerce company, has raised $1 million in venture backing, according to an SEC filing. The Atlanta-based company launched operations out of its founder’s basement in 2007 with a $6,000 investment and hit profitability later that year. Founders Paul D’Arrigo, Eugenio Fernandez and Richard Scalesse...
Audio Equipment Site Unique Squared Raises $1 Million

The Dealmaster, Black Friday edition: A plethora of awesome deals!

arstechnica.com
Happy post-turkeypocalypse, fellow Arsians! Are you prepared for the utter madness that is Black Friday? This day, so named because it is supposedly the day that retailers push into profitability for the year, features consumers rushing out into the streets and trampling each other in order to achieve maximum savings....
The Dealmaster, Black Friday edition: A plethora of awesome deals!

Groupon’s First Public Quarter: Overvalued, Schmovervalued

pandodaily.com
Groupon has released its numbers ahead of its first ever quarterly earnings call and as expected, they’re not terrible. The company earned $506.5 million, a 194% increase over last year. Doubling its revenue is impressive but it shows slowing growth–this quarter last year Groupon had grown revenue by 400%. A...
Groupon’s First Public Quarter: Overvalued, Schmovervalued
The three P's of a pivot

Tumblr's David Karp Apparently Doesn't Consider Profitability a Particularly Important Metric

betabeat.com
Man with the plan? (Photo: Twitter/SuccessMag) When you’re as stylish as Tumblr CEO David Karp, who needs to sweat the small stuff? Case in point: his company’s profitability. During an interview at a conference hosted by paidContent, he informed the audience that Tumblr isn’t making money—but it’s “not a metric that is...
Tumblr's David Karp Apparently Doesn't Consider Profitability a Particularly Important Metric
Tesla Shares Are Going Bonkers Again (TSLA)
Logitech to sell Harmony remote division after 'unacceptable' Q3 results
Despite Slower-Than-Expected Subscriber Growth, Netflix Pushes Forward With International Plans

Facebook's Editor Decides It Doesn't Need Editors

www.fastcompany.com
Facebook's managing editor is leaving, but where does that leave its "news" feeds? Dan Fletcher, Facebook's managing editor, has said he's leaving the company in April to develop his own startup. Speaking at an event in Washington State University, Fletcher went as far as saying he thought the "biggest...
Facebook's Editor Decides It Doesn't Need Editors

Groupon unveils Merchant Impact Report, a free service so merchants can justify their Deal performance

thenextweb.com
Groupon has launched a new free tool for businesses called the Merchant Impact Report. Beginning today, those businesses that participate with the daily deals company can check to see how well their deal is performing, gain customer insights, and review a profit calculator. Groupon says that it’s letting local businesses...
Groupon unveils Merchant Impact Report, a free service so merchants can justify their Deal performance

Research In Motion Posts Small Gain, Loses Subscribers

allthingsd.com
Research In Motion Ltd. posted a small net gain in its fiscal third quarter, swinging back to profitability after several quarters of losses. The results bolster its cash position ahead of the rollout of its latest phones, due out next month. RIM reported, however, that it had lost about one...
Research In Motion Posts Small Gain, Loses Subscribers

Microsoft Facing Quarterly Loss On Failed Ad Business

www.fastcompany.com
News updates all day from Fast Company.Microsoft is writing down $6.2 billion on its 2007 purchase of aQuantive, an online ad serving system. According to the Guardian this places the software giant at risk of an accounting-based quarterly loss (when its sales and profitability had aimed it at a profit...
Microsoft Facing Quarterly Loss On Failed Ad Business

Chinese smartphone maker Xiaomi hits $158m in revenue, 500,000 monthly shipments

thenextweb.com
Apple may be the company generating headlines from its Chinese smartphone efforts but lesser known Chinese manufacturer Xiaomi‘s business is taking off impressively. The firm introduced its $320 MI-One device last year, and it is now seeing revenues of $158 million and is shipping half a million handsets each month. The...
Chinese smartphone maker Xiaomi hits $158m in revenue, 500,000 monthly shipments

Zynga Reports Higher Revenues, Loss in First Quarter

allthingsd.com
Zynga reported a net loss of $85 million, or 12 cents a share on revenues of $329 million, in the first quarter ended March 31. When excluding some charges, including stock-based compensation, the company’s non-GAAP earnings totaled 6 cents a share, beating analyst expectations of 5 cents a share. Revenues...
Zynga Reports Higher Revenues, Loss in First Quarter

Milyoni gets $11 million to put movies on Facebook

www.bizjournals.com
Milyoni Inc., a startup that among other things streams Hollywood movies to Facebook pages, has raised $11 million led by Oak Investment Partners . Founded in 2009, Pleasanton-based Milyoni started as a merchandising platform on Facebook, but changed direction to focus on distribution of video and films on the social...
Milyoni gets $11 million to put movies on Facebook
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