Apple has managed to break several records this week with its first fiscal quarter earnings report of the year, managing to post the biggest quarterly profit of any company ever in history. Over the last several months, Apple managed to generate a profit of $18 billion. This beat out the previous …
Read More »Google reports weaker than expected third quarter results
Google reported its third quarter earnings last night, revealing a gross revenue of $16.52 billion, acquisition costs of $13.17 billion, GAAP earnings per share of $4.09 and non-GAAP earnings per share of $6.35. Those are some pretty strong numbers, but apparently they weren't strong enough for Wall Street as Google …
Read More »Netflix profits double despite US price hike
Streaming movie/TV powerhouse, Netflix, has announced that despite bumping its monthly subscription charge by $1 in the US, it has managed to pull in over half a million more customers in that territory alone, which has led to it managing to double its quarterly profits, year on year. Over the …
Read More »Global PC games market revenue surpasses consoles
PC gaming is thriving at the moment, more people are moving up from consoles and the proof is in the sales, PC gaming is generating more revenue than all consoles combined- which proves that not only are we not all pirates but being able to buy games at cheaper and …
Read More »Clash of Clans dev made a lot of money last year
Clash of Clans and Hay Day developer, Supercell, decided to let everyone know just how much money its two mobile games made last year, spoiler alert- it's a lot. 2013 scored the Finnish developer $892 million in revenue which has led to work on a new title due to release …
Read More »PC games sales made £13.24 billion in 2012
An organisation that combines the two giants of gamer chip creation, AMD and Intel, has announced through a new report that PC gaming grew once again in 2012, managing to generate well over £10 billion. Known as the PC Games Alliance, a non-profit organisation with aims to further PC gaming …
Read More »Apple quarterly profit hits $8 billion
As if anyone is surprised, Apple is doing rather well financially at the moment and has announced that for the fourth quarter of 2012, it has made a profit over $8.2 billion. Compared with the same period last year, things are on the up, as it made ‘only' $6.6 billion. …
Read More »Viglen’s continued success is an education for all
While most local system companies have evaporated, Viglen continues to bang in the results – including a whopping £8m revenue for June alone. How does one of the last remaining giants of the UK PC industry do it? KitGuru goes back to school to see what can be learnt from …
Read More »Lite-On expecting a 6 to 700% increase in 2012 SSD revenue
If the question was asked about what type of hardware Lite-On is renowned for bringing to market, I'm sure the majority of you would have been quick to say optical drives. A statement was briefly made by the company this week that it expects to see massive growth in one …
Read More »WD reports on the cost of damage from Thai floods
We've known for a good while now that WD was hit mega hard by Thailand's floods; so much so that it's resulted in mass stock shortage and significantly raised prices across the globe due to the inability to meet continuing demand. But in its most recent financial statement WD has …
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