Neowin News Feed for: Loss

Lenovo is the latest tech firm to feel the pinch, turns to cost cutting

Steve Bennett — Fri, 17 Feb 2023 14:18:02 +0000

Lenovo, following the second quarterly decline in sales in a row, and with profits falling for the first time since 2020, has had to start cost cutting due to the changing market and loss of demand. Read more...

DJI will post a loss of $150 million due to internal corruption

Faheemmuddeen Patel — Fri, 18 Jan 2019 21:30:01 +0000

The worlds largest drone maker, DJI, will post a loss of $150 million for 2018 after internal corruption was discovered. The cases of corruption came to light during routine checks in 2018. Read more...

Capcom shuttering Vancouver studio that developed Dead Rising series

Usama Jawad — Wed, 19 Sep 2018 06:02:01 +0000

Capcom is shutting down one of its development studios in Vancouver, responsible for developing the Dead Rising series. The restructuring will cost the firm a massive sum of over $40 million. Read more...

Nintendo stumbles as Wii U console sales crash; posts $49 million loss

Vlad Dudau — Wed, 27 Jul 2016 08:20:01 +0000

Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year. Read more...

HTC continues bitter struggle; HTC 10 flagship on course to sell only 1m units all year

Vlad Dudau — Tue, 05 Jul 2016 11:20:01 +0000

HTC is continuing to struggle as its smartphone division fails to capture the market. A new report says the company's critically acclaimed flagship will only sell one million units this year. Read more...

Toshiba saw record loss in 2015, promises to cut 5% of its workforce

Jett Goldsmith — Mon, 21 Dec 2015 19:16:01 +0000

Amid a massive financial scandal and poor sales, Japanese tech giant Toshiba has posted a record loss of $4.53 billion in 2015, and has promised to cut 5% of its workforce - around 6,800 workers. Read more...

Samsung warns of more declines in profits and revenue for Q1 2015

Vlad Dudau — Tue, 07 Apr 2015 09:34:01 +0000

Samsung is warning investors of a continued trend of decline in both profits and revenue for the first quarter of this year. However, the company looks set to fare better later this year. Read more...

Sony estimates $2.14bn loss for smartphone business

Vlad Dudau — Wed, 17 Sep 2014 08:05:34 +0000

Sony is struggling with its smartphone business thanks to stiff competition from Apple and Samsung, and plans to focus on its higher-end devices, while reducing its mid-range line-up. Read more...

HTC forecasts decline in sales to continue

Orhon Can Dagtekin — Fri, 01 Aug 2014 09:18:22 +0000

According to its CFO, the Taiwanese smartphone manufacturer will see its sales and revenue decline during the third quarter of 2014. However, Mr. Chang believes in his company's upcoming products. Read more...

Samsung Q2 profit down 25%; blames smartphone growth slowdown

Steven Parker — Tue, 08 Jul 2014 08:53:19 +0000

Samsung has forecasted a third consecutive operating profit loss, down 25% for the same period last year. It blames a slowdown in smartphone growth in Europe and China due to increased competition. Read more...

HTC is optimistic about 2014, despite financial troubles

Vlad Dudau — Mon, 10 Feb 2014 10:46:05 +0000

HTC is once again posting sad financial news in regards to its Q4 performance last year. However, the company is refocusing on the mid-range of the market and has an optimistic view for 2014. Read more...

BlackBerry posts $4.4bn loss for last quarter; just 1.1m BB10 handsets sold

Andy Weir — Fri, 20 Dec 2013 15:06:52 +0000

BlackBerry's latest financial report paints another bleak picture for the company, with a massive slide in revenues and a quarterly loss of $4.4bn, and sales of just 1.1m BlackBerry 10 handsets. Read more...

Free ways to recover your lost/stolen device

James Woodfin — Mon, 14 Nov 2011 22:13:31 +0000

Many of us have been here: You are driving down the road and you realize that you left your smartphone or laptop at the last place you were, or someone may have stolen it. What can you do? Read more...

Microsoft may lose up to $1.28bn in tablet wars

Tzvi Friedman — Tue, 08 Mar 2011 16:05:42 +0000

In case you haven’t noticed yet, tablets are pretty popular these days. Even since Apple unleashed its iPad, the “post-PC” phenomenon has taken the world by storm. Manufacturers are producing tablets that not only complement the... Read more...

Free iPhone 4 bumpers for signal problem but did Apple pre-empt the issue?

Tom Warren — Sat, 26 Jun 2010 10:44:47 +0000

Apple's much hyped iPhone 4 went on sale in the UK, US and some European countries on Thursday, but some customers are reporting signal issues with the latest handset. Steve Jobs' first reply to the issue... Read more...

Sony cuts 16,000 jobs and reports net loss

Andrew Lyle — Thu, 22 Jan 2009 18:19:43 +0000

Sony is expected to report a $2.9 billion loss this year for the first time the company has reported an annual loss in over 14 years. The company predicted a $1.65 billion profit for... Read more...

Sirius-XM reports $5 billion loss in 3Q

Andrew Lyle — Tue, 11 Nov 2008 07:37:58 +0000

Even with the recent merger of Sirius Satellite Radio, and XM Satellite Radio, into the newly named Sirius-XM Satellite Radio, the company reported a loss of almost $5 Billion in the third quarter. The company... Read more...

UK News: Nine out of 10 firms put customer data at risk

Daniel Fleshbourne — Mon, 06 Oct 2008 15:01:59 +0000

Over 90 per cent of UK firms are putting their customers at risk of identity fraud, according to the results of a study released today to mark National Identity Fraud Prevention Week. The event is... Read more...

Firms admit to two more cases of personal data loss

Daniel Fleshbourne — Wed, 12 Dec 2007 11:25:31 +0000

Personal details of another 7,000 people in the UK may have gone missing after two more organisations admitted to a breach of data security. The largest of the latest incidents is at the Driver and... Read more...

Palm Swings to a Loss in Q1

Tue, 02 Oct 2007 03:42:01 +0000

Shares of struggling Palm Inc. fell more than 4 percent Monday after the Treo smart phone's maker said it swung to a small loss for its fiscal first quarter and forecast lower-than-expected results for the... Read more...

What will Microsoft's loss in Europe mean to customers?

Steven Parker — Tue, 18 Sep 2007 10:09:54 +0000

Word is out: Microsoft has lost its appeal of the European Commission's antitrust decision. So now what? There's no word yet if Microsoft will appeal again, which it has two months to decide whether or... Read more...

AMD reports $611 million LOSS

Steven Parker — Fri, 20 Apr 2007 14:35:53 +0000

Holy Moly! I wonder if this also has to do with the recent acquisition of ATi.. Declining microprocessor sales as well as dropping average selling prices for its microprocessors have pushed AMD deeper into... Read more...

AMD Reports Quarterly Loss in wake of ATI Acquisition

Wed, 24 Jan 2007 14:10:26 +0000

AMD reported its first loss since the first quarter of 2005, losing $574 million or $1.08 per share, during the fourth quarter. Most of AMD's loss can be attributed to the acquisition of ATI; AMD... Read more...

Batteries Push Sony to Q2 Operating Loss

Thu, 26 Oct 2006 13:48:39 +0000

The global recall and replacement of millions of laptop batteries, and start-up costs for the PlayStation 3 console, pushed Sony's operations into the red for the July to September quarter, despite a jump in sales.... Read more...

Fierce competition from AMD causes Intel profit loss of 57%

Fred Derf — Thu, 20 Jul 2006 08:50:29 +0000

Intel has had a very bad year. Intel's profit of 33 cents per share dropped to a profit of 15 cents per share this year, a drop of 57%. We, in the Community of Neowin,... Read more...

Apple Sued Over Hearing Loss Claims

Joe Cashman — Fri, 03 Feb 2006 15:35:26 +0000

A Louisiana man has sued Apple claiming that iPods can produce sounds of more than 115 decibels, a volume that can damage the hearing of a person exposed to the sound for more than 28... Read more...

ATI Posts $104M Loss

Fri, 07 Oct 2005 15:30:38 +0000

Graphics card and chip maker ATI Technologies, Inc. has reported its fourth quarter and fiscal year 2005 results. The company reported revenues of US$470 million, and a net loss of $170 million — results in... Read more...

SCO Posts 2nd Quarter Loss

Fri, 09 Sep 2005 16:59:24 +0000

SCO has posted a loss of $2.4 million for the quarter that ended July 30th, largely in part to its failing SCO Source initiative and rising legal costs in its cases against IBM, Novell, and... Read more...

Sony to Take $100 Loss on $399-priced PS3, Says New Report

Wed, 29 Jun 2005 16:08:07 +0000

A recent study by financial analysts at Merrill Lynch Japan suggests that the PlayStation 3 may cost up to $490 dollars to manufacture, with the company predicting that Sony will launch at $399 and take... Read more...

ATI Technologies posts third-quarter loss

Sat, 25 Jun 2005 20:49:02 +0000

ATI Technologies, the graphics chip supplier for next-gen consoles the Xbox 360 and Nintendo Revolution, has posted a loss for the third quarter running from March to May this year. Gross revenues... Read more...

ATI Reports Net Loss For Q3

Fri, 24 Jun 2005 01:14:35 +0000

ATI has just released its financial summary for Q3 and the results are quite a shocker from the same time last year. The Canadian based silicon-manufacturer has posted a net loss of $9.4 million compared... Read more...

Eidos Posts Net Loss

Fri, 17 Sep 2004 20:43:09 +0000

Eidos posted a 2.9 million pound year-end net loss, hit hard by weak sales in the U.S. In particular, Hitman: Contracts fell short of internal sales targets, with no other titles to buoy the struggling... Read more...

PC viruses spawn $55 billion loss in 2003

Fri, 16 Jan 2004 18:53:31 +0000

Trend Micro, the world's third-largest antivirus software maker, said Friday that computer virus attacks cost global businesses an estimated $55 billion in damages in 2003, a sum that is expected to increase this year. ... Read more...

Sun posts net loss of $125 million

Fri, 16 Jan 2004 01:55:42 +0000

Sun Microsystems Inc on Thursday reported a net loss of $125 million for the second quarter of its 2004 fiscal year. The loss, which amounted to $0.04 per share, came on revenue of $2.89 billion... Read more...

Rising chip sales narrow AMD loss

Daniel Fleshbourne — Fri, 17 Oct 2003 11:12:07 +0000

Advanced Micro Devices on Thursday reported a third-quarter loss much smaller than expected, thanks to dramatic chip sales increases. AMD reported losses of $31 million, or 9 cents per share, on revenue of $954 million... Read more...

Upbeat sales help Palm shrink loss

Tue, 24 Jun 2003 20:53:42 +0000

Handheld maker Palm on Tuesday reported better-than-expected fourth-quarter sales and a loss that was narrower than analysts had forecast. For the three months ended May 31, the Milpitas, Calif.-based company turned in a... Read more...

Microsoft Doubles Loss in Xbox Division - Filing

Tue, 13 May 2003 16:17:59 +0000

Things are not going too well in Microsoft's Home and Entertainment Division. Redmond, Washington-based Microsoft said that its Home and Entertainment division lost $190 million before taxes, write-offs and other charges in its... Read more...

Amazon narrows Q1 loss

Daniel Fleshbourne — Fri, 25 Apr 2003 15:13:16 +0000

Amazon claims its strategy of cutting costs and offering lower prices for its books, CDs and other stuff is beginning to pay off. Publishing its Q1 results for the first three months of the year... Read more...

Microsoft Posts Deeper Loss in Video Game Unit

Sat, 01 Feb 2003 11:04:18 +0000

Microsoft Corp. nearly doubled its losses from the Xbox video game console in the December quarter, according to a regulatory filing on Friday, as the unit that makes its Office software closed in on Windows... Read more...

Sun Microsystems Posts $2 Billion Loss

Fri, 17 Jan 2003 03:39:38 +0000

Computer maker Sun Microsystems Inc. on Thursday reported its largest net loss ever, taking more than $2 billion in acquisition-related charges, but squeezed out a small operating profit thanks to stronger pricing and lower component... Read more...