profits
iPhone soaks up 75 percent of all mobile phone profits
news.cnet.com
Apple holds only a 9 percent share of the global mobile phone market but it grabbed 75 percent of the industry's overall profits last quarter, according to data from Asymco....
Lego Minecraft arrives, sudden drop in productivity expected when the UPS man gets here
www.engadget.com
Minecrafters, commence running through the streets screaming "It's here!, It's here!" as Lego's homage to the world-building game is now available to buy. The Cuusoo-developed project features Steve, a Creeper and 480 bricks, including plenty of 1x1 tiles to recreate the pixelated landscape we know and love. It costs...
HTC's 2011 Q4: good summer, bad winter
www.engadget.com
HTC's big 2011 was limited to those warm summer months, when everyone wanted a smartphone for the beach. Now the accountants have confirmed HTC's initial statement: fourth quarter revenues were down 2.49 percent (year on year). It made 101.42 billion Taiwanese dollars (just under $3.5 billion) in the last...
Nokia: Two million Lumia phones sold in Q1 but profits still falling
www.engadget.com
Nokia's announced preliminary information on its forthcoming Q1 results due on April 19th. It's reportedly sold €4.2 billion worth of phones, €2.3 billion coming from the sale of 71 million dumbphones and €1.7 billion coming from smart devices. On the upside, sales of the Lumia handsets are still growing,...
Amazon could finally shake off its e-commerce shackles and open a physical store
thenextweb.com
There’s little question that Amazon is one of the Internet’s greatest success stories, but the word on the street is that the e-commerce giant could be about to break free from its digital shackles and launch a bona fide, bricks-and-mortar store. As Good E Reader reports, it quotes sources “close...
Why don't more game developers see royalties from their work?
arstechnica.com
When people talk about the importance of actually spending money on games, rather than resorting to a used purchase or piracy, the importance of "supporting the developers" is never far from the argument. Yet for a lot of classic titles being repackaged and sold these days, money from new...
LinkedIn profits send shares up
www.bbc.co.uk
Business-focused social networking website LinkedIn reports higher profits and said it added 14 million new members....
Outside of Apple, the mobile industry has been flat for the past half decade
9to5mac.com
According to new data compiled by Morgan Keegan (via AllThingsD), non-Apple revenues for the mobile computing industry made up of smartphones and tablets has remained stagnant for the last 5 years. In other words, without Apple, revenues for the industry in Q4 2011 would have been roughly the same...
Cisco sees profits rise over 43%
www.bbc.co.uk
US technology giant Cisco says rising quarterly sales show that its cost-cutting plans are bearing fruit....
Groupon's First Earnings Call Missed the Mark, But It May Not Matter
www.readwriteweb.com
Today in its quarterly earnings call, Groupon reported that it did not meet fourth quarter expectations. The company posted a $43 million loss, or $0.08 cents per share. Despite the loss, Groupon's revenue in the fourth quarter 2011 grew 194% to $506.5 million, up from $172.2 million in the fourth...
The Next iPhone Will Be The Biggest Smartphone Release Of All Time (AAPL, VZ, T, S)
www.businessinsider.com
One of theories about why Apple's stock had a run of down days was that BTIG analyst Walter Piecyk said carriers were going to fight back against fat iPhone subsidies this year. When a consumer pays $200 for an iPhone, Apple collects $600 on the sale. The missing $400 comes...
CHART OF THE DAY: What If Apple Transferred $1 Billion In Profits To Foxconn Workers? (AAPL)
www.businessinsider.com
We saw this chart from Nic Musolino at ninety9, via Yves Smith at Naked Capitalism. It shows what would happen if Apple were to transfer $1 billion in profits to all Foxconn employees. As you can see, the average wage of a Foxconn worker would double, while Apple's profits...
Apple's $90 billion run
tech.fortune.cnn.com
The company has gained nearly one Facebook in value since Steve Jobs died On Oct. 4, the day before Steve Jobs passed away, Apple (AAPL) shares closed at $372.50 and its market cap stood at $347 billion. Four months later, the stock is up nearly $100 and it's market cap...
CHART OF THE DAY: Apple Is Pulling In 40% Of All Mobile Industry Revenue, And 75% Of All Mobile Profits (AAPL)
www.businessinsider.com
Apple's dominance of the mobile industry is just breath taking. This chart from Horace Dediu shows that Apple now has 75% of the mobile industry's profits, and 40% of its revenue. Remember, this is a business line that did not exist for Apple 5 years ago. The lines on...
CHART OF THE DAY: Apple Is Pulling In 40% Of All Mobile Industry Revenue, And 75% Of All Mobile Profits (AAPL)
Zynga Picks Up Mobile Gaming Startup Wild Needle In A Talent Deal
techcrunch.com
Zynga has picked up the team behind Wild Needle, a female-focused casual games company that was backed by Playdom co-founder Rick Thompson. Wild Needle was raising funding back in late 2010 to build casual, mobile games for women and closed a round with Thompson and Shasta Ventures. They didn’t release their...
Apple Gets the Credit (And the Cash) for Growth of Mobile Computing Revenue
allthingsd.com
What would the mobile computing industry (defined for this purpose as smartphones and tablets) be without Apple had the company not entered it in June of 2007 with the iPhone? About half as lucrative, that’s what. Charting the industry’s performance over the past five years, Morgan Keegan analyst Tavis McCourt...
Barnes & Noble 2012 Q3 Report: loss-making Nook generates sales, tears
www.engadget.com
It's that time of the year when Barnes & Noble's accountants reveal the figures for the quarter to determine if the age of print is over. Turns out there's some good news for bookseller. Overall sales for the chain increased five percent: the company took $2.4 billion through the...
Lenovo beats PC market with 46 percent profit surge
www.engadget.com
Yep, it's party-time in Beijing once again. While the PC industry as a whole reportedly grew by a tight handful of percentage points over the past year, Lenovo has somehow managed to continue its long-running growth spurt, with shipments up 44 percent and operating profits up 46 percent. Sales...
HTC shares fall as profits tumble
www.bbc.co.uk
Shares of smartphone maker HTC fall on the Taiwan Stock Exchange after a sharp plunge in its profit for the first quarter....
Samsung shuns point-and-shoot cameras, switches factory to pricier mirrorless types
www.engadget.com
Samsung's main camera plant in China is being converted to produce high-end mirrorless cameras instead of cheaper compacts. That's a steel-and-concrete sign that the manufacturer is trying to boost digital imaging profits by focusing on cameras with higher margins, and it implies a level adaptability that other companies can...
Has Google lost its magic?
news.cnet.com
Google may still be raking in the profits, but the mojo behind Gmail, Chrome, News, Translate, and Docs has started to fade in the face of stiffer competition. [Read more]...
Europe woes hit Vodafone results
www.bbc.co.uk
Vodafone reports flat annual profits as the mobile phone operator is hit by the economic downturn in southern European....
Sony formally quits Sharp LCD joint venture, takes back every yen it invested
www.engadget.com
After Sony cut off its supply of capital to the ill-fated Sakai production plant that it jointly owns with Sharp, it became clear that the final goodbye may be little more than a formality. And here it is, in the form of a cold, resolute press release stating that...
China sales fuel Lenovo profits
www.bbc.co.uk
Lenovo, the world's second largest PC maker, reports big rise in annual profits thanks to strong demand for its products in China....
Facebook allowed to triple size of its HQ, pays $10 million for the priviledge
www.engadget.com
Swollen with cash following its IPO, Facebook is looking to expand its headquarters in Menlo Park. Its plan to triple its workforce there from 2,200 to 6,600 people was approved by local officials last night, removing the previous cap that allowed a maximum of 3,600 messy, resource-consuming humans. In...
Apple iOS will kick in 40 percent of Google's mobile profits, says analyst
news.cnet.com
Thanks to its app licensing deals with Apple, Google will earn about 40 percent of its mobile profits from iOS, says analyst Gene Munster. [Read more]...
Sharp posts $1.4 billion loss for the year, refocuses on mobile displays
www.engadget.com
Sharp has announced that it made a loss of 117.1 billion yen ($1.4 billion) for the financial year ending March 2012. It comes after the company sold part of its LCD manufacturing business to Hon Hai, Sony withdrew from a joint venture and refused to deal with Sharp in...
The One Thing Google Must Innovate With Its Tablet: Price
www.fastcompany.com
Google's tablet may be stuck between a sizzling iPad and a Kindle Fire.Though nothing is yet certain, it's looking more and more likely that Google will reveal its own Nexus-branded Android tablet today at its I/O event: Gizmodo Australia has enough documentation to spin a convincing story, and now an...
China Mobile chief reveals ongoing talks with Apple over the iPhone
thenextweb.com
China Mobile, the world’s largest mobile telecoms carrier with 650 million subscribers, has confirmed that it is engaged in discussions with Apple with the aim of striking an agreement to carry the iPhone. Current talks are believed to have come unstuck around the operator’s desire for a share of App...
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