Atari Reports Larger Losses

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Atari Inc. yesterday said it was rereporting its fourth quarter and full-year earnings and had filed adjusted documents with the SEC. Atari had previously announced unaudited financial results for the fourth quarter and full year...

Microsoft suffers losses as Xbox shortages continue

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Microsoft has posted its revenue results for its second quarter ended 31stDecember, revealing a loss of USD 293 million from the division whichmanages its next-generation Xbox 360 console. Overall revenue for the quarter was posted...

Midway Reports Q2 Losses

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It seems like every day that another game publisher comes out with its Q2 earnings report, and every one seems to tell a similar tale; lower than forecasted earnings and increased expenses. The latest...

Midway's losses continue, Area 51 delayed

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Midway loses $25.7 million during the first half of 2004; president David Zucker says "The extraordinary annual losses are behind us." Beleaguered game publisher Midway today released financial figures for the first...

Sony predicts losses for PSP

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Sony predicts that its PSP handheld will make losses initially but will enjoy a lengthy lifespan of up to 10 years. According to a recent Reuters report, Sony does not expect to...

Acclaim reports significant losses

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Despite cost-cutting and a smarter release calendar, the once-mighty publisher loses $31 million over nine months. When is a loss of $31 million over a nine-month period cause for celebration? When it's...

U.S. tech job losses slow in 2003, AEA says

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Although job losses continue to hit the U.S. technology sector, the rate of the employment decline is slowing, the American Electronics Association (AEA) said Wednesday. Cyberstates 2003, an annual study by the AEA,...

You've Got Losses

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AOL Time Warner Inc., the world's largest media company, Wednesday posted a fourth-quarter net loss after taking a $45.5 billion noncash charge for the decline in the value of its embattled America Online business and...

Xbox losses fail to rock Microsoft

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For the first time Microsoft is revealing how much money it is losing on its Xbox game console. Documents filed with the US financial watchdog show that Microsoft's Home and Entertainment division, which includes the...

BT ISP nets some losses

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Pop Quiz: What cuts me off after two hours, flogged £67m of net access but lost £22m in the three months to the end of September? Yep, BTopenworld - the ISP division...

AMD overclocks its quarterly losses

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A slowdown in PC buying resulted in a sizable loss and a large decline in revenue for chipmaker Advanced Micro Devices. AMD's revenue for the second quarter, ended June 30, came to...

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