Neowin News Feed for: Profit

HTC Q1 2013 financial results: 98% drop in profit, almost 50% drop in revenue

Vlad Dudau — Thu, 02 May 2013 09:43:49 +0100

HTC has seen a dramatic drop both in its revenue and its profits. These declines are due in part to supply issues with their brand new HTC One. The company is optimistic even though it is struggling Read more...

Samsung 'crushes' Apple with its earnings report

Vlad Dudau — Wed, 01 May 2013 11:09:14 +0100

Samsung and Apple go head to head via their latest earnings reports and the Korean company is winning. It has reportedly sold nearly twice as many devices as Apple and its profits soared. Read more...

Jeff Bezos: Profits are not important to Amazon, customers are

Max Slater-Robins — Sat, 13 Apr 2013 10:18:46 +0100

Jeff Bezos, CEO of Amazon, has written a letter to shareholders outlining his aims for the company. Bezos says that Amazon innovates even when there is no need, putting customers above profits. Read more...

Facebook will pay no tax on $1.1 billion profit; gets refund instead

Max Slater-Robins — Mon, 18 Feb 2013 12:28:05 +0000

It has been revealed that Facebook will get a refund of $500 million on tax payments, despite making $1.1 billion profit in 2012, according to a report by the Citizens for Tax Justice. Read more...

Samsung's Q4 2012: $52.45 billion in revenue, $8.27b profit

Tim Schiesser — Fri, 25 Jan 2013 02:22:06 +0000

Samsung has reported a very strong quarter on the back of $52.45 billion in revenue, which brings up a total of $188.14 billion in sales for the entire year, while wlmost every division also grew Read more...

WordPress begins to accept Bitcoins as a currency

Paul Ferson — Fri, 16 Nov 2012 18:50:38 +0000

WordPress has added functionality today, allowing bloggers across the world to pay using the digital Bitcoin currency while side-stepping issues such as PayPal being unavailable or limited. Read more...

iOS game targeting Foxconn pulled from App Store

Paul Ferson — Sun, 14 Oct 2012 00:33:50 +0100

Foxconn, the world's largest electronics manufacturer, has been targeted by an iOS game which was pulled by Apple less than an hour after it was published to the store for others to download. Read more...

iPad buyer in Wal-Mart receives a box of notepads

Paul Ferson — Sat, 13 Oct 2012 00:12:11 +0100

An iPad buyer was left disappointed in Texas after receiving an iPad box stuffed with notepads rather than Apple's tablet, leaving one very disappointed teenager on their birthday. Read more...

Facebook investigated by FTC over deception with apps

Paul Ferson — Mon, 13 Aug 2012 13:09:48 +0100

Facebook is coming under scrutiny by the FTC after it was discovered the company had 'deceived' developers by charging for app verification and doing nothing. Read more...

GitHub gains $100 million in funding

Paul Ferson — Tue, 10 Jul 2012 04:48:40 +0100

GitHub has made the decision to switch to outside funding, gaining a cool hundred million dollars from investors to get it started on its new path. Read more...

Thousands of people could lose Internet access on July 9th

Paul Ferson — Thu, 05 Jul 2012 13:58:58 +0100

Thanks to the efforts of the FBI and international law enforcement groups, you could lose your Internet access on July 9th due to a virus you never knew you had. We examine, and try to explain. Read more...

Britons spend more than six billion on phone contracts annually

Paul Ferson — Thu, 28 Jun 2012 22:20:57 +0100

A new study suggests that British people spend more than six billion pounds annually on phone contracts, with more than two-thirds of that being spent on overpriced contracts. Read more...

Microsoft due to open first store in Canada soon

Paul Ferson — Fri, 22 Jun 2012 23:43:39 +0100

According to sources, Microsoft intends to open a new branch of their Microsoft Store in Canada, marking their first official store within the country. Read more...

Facebook could lose millions in lawsuit over Sponsored Stories

Paul Ferson — Fri, 22 Jun 2012 14:24:44 +0100

A class-action lawsuit has beaten Facebook into allowing users to opt out of Sponsored Stories, and could also cause significant financial ramifications for the site as well. Read more...

Rough first quarter puts PS3 in sales lead

Paul Ferson — Thu, 10 May 2012 18:51:54 +0100

The result of the weakened global economy is being seen among console manufacturers, as sales figures decline during the first quarter of 2012. Read more...

GEMA could have crippled YouTube due to copyright

Paul Ferson — Fri, 20 Apr 2012 22:29:53 +0100

GEMA, a German group responsible for royalty collection, has managed to take Google to court over YouTube's copyrighted videos, winning the case and potentially unleashing havoc on the site. Read more...

French anti-P2P law reduces piracy, but does nothing for music sales

Paul Ferson — Mon, 02 Apr 2012 00:47:11 +0100

Despite a law being passed in France to make life harder for pirates, music sales are not increasing. In fact, they're still falling, and nobody can say with certainty why. Read more...

Apple has 4th most profitable quarter in history of Earth

Owen Williams — Wed, 25 Jan 2012 08:16:02 +0000

It's true, Apple's earnings consistently surpass expectations and predictions, but this years Q1 result is staggering. Not only was it a huge jump, Apple is up there with oil and petrol giants for Q1. Read more...

Apple becomes more profitable than Microsoft

Byron Hinson — Fri, 29 Apr 2011 00:22:37 +0100

It seems that Apple has finally become more profitable than Microsoft. It was just a year ago when Apple passed Microsoft in terms of market cap while six months later they overtook Microsoft in terms... Read more...

Nintendo's profit for 2010 declines 66%

Paul Ferson — Mon, 25 Apr 2011 14:20:52 +0100

Nintendo's profit for 2010 slumped, despite the fact that the company managed to sell 3.61 million Nintendo 3DS portable systems. The Japanese games company profits plummeted during 2010, with a massive decline of 66% from... Read more...