Results archive

  • Nvidia admits faults with chips
    Online

    Nvidia admits faults with chips

    By 3 July 2008

    Nvidia has issued a profit warning that has seen its stock plummet as much as 25%. Weak demand, delayed production of a new products and price-war cost cuts were all cited for the company predicting lower than expected revenues. In addition, the chipmaker...

  • RIM results reveal 16 milllion BlackBerry subscribers
    Phones

    RIM results reveal 16 milllion BlackBerry subscribers

    By 26 June 2008

    Research In Motion has reported its first quarter results for the 3 months ended 31 May. Revenue for the first quarter of was $2.24 billion, up 19% from $1.88 billion in the previous quarter and up 107% from $1.08 billion in the same quarter of last year....

  • Carphone reveals good results but forecasts bleak outlook
    Phones

    Carphone reveals good results but forecasts bleak outlook

    By 12 June 2008

    The Carphone Warehouse has reported a 75% rise in pretax profit for the year to March, but has given a poor outlook for the year ahead. "We remain cautious in our outlook for the year ahead, given the poor economic climate and inflationary pressures on...

  • Vodafone announces good financial results
    Phones

    Vodafone announces good financial results

    By 27 May 2008

    Vodafone has announced its financial results for the year ended 31 March 2008. The telecoms company revealed net profit for the 12 months to March 2008 was £6.66 billion, compared with a net loss of £4.93 billion the same time a year ago. In Europe...

  • EA shows increase in revenue, but losses widen
    Gaming

    EA shows increase in revenue, but losses widen

    By 14 May 2008

    Top games publisher Electronic Arts has posted its financial results for the fiscal year ending 31 March, with the company showing substantial losses despite revenue increasing year-on-year. It is thought that a drive for quality after a few years of...

  • Sony profits triple to record high
    Online

    Sony profits triple to record high

    By 14 May 2008

    Sony Corp. has announced that its annual net profit has nearly tripled to hit a record high. Overall revenue has increased by 6.9% to an all-time high of 8.87 trillion yen, the company revealed. The financial success is being credited to "brisk" sales...

  • Yahoo shares plummet
    Online

    Yahoo shares plummet

    By 5 May 2008

    Shares in Yahoo have plummetted today following the decision by Microsoft to pull its offer for a takeover. Shares fell by $5.36 to $23.31, a fifth of their value, and well below the $33-per-share offer that Microsoft had originally offered within minutes...

  • Apple reports better than expected results for Q2
    Phones

    Apple reports better than expected results for Q2

    By 23 April 2008

    Apple has reported "better-than-expected" results for its fiscal second quarter that ended March 29. For the quarter, the company reported revenue of $7.51 billion and profits of $1.16 a share. Apple shipped 2,289,000 Mac computers during the quarter,...

  • Google surprises with 31% profit increase
    Online

    Google surprises with 31% profit increase

    By 18 April 2008

    Google has surprised the online industry in appearing unscathed by the current economic downturn by posting a healthy 31% increase in quarterly profits. 2008's first quarter earnings from the search giant rose from $1 billion to $1.31 billion, with Google...

  • Nokia Q1 results revealed
    Phones

    Nokia Q1 results revealed

    By 17 April 2008

    Nokia has revealed its first quarter financial results for the period January to March 2008 that are in line with expectations. Net sales were 12.7 billion euros, an increase of 28% for the same period last year with net profit coming in at 1.2 billion...

  • Tesco sees strong consumer electronics sales
    Online

    Tesco sees strong consumer electronics sales

    By 15 April 2008

    Results from the latest financial period show that Tesco, as well as an 11% rise in profits, has seen very healthy growth in the consumer electronics area. Tesco's non-food operations are seen to have helped the group's total sales reach £51.8 billion...

  • RIM records strong results
    Phones

    RIM records strong results

    By 3 April 2008

    BlackBerry maker Research In Motion has reported a fourth-quarter profit that not only beat expectations but also has led analysts to predict the PDA maker is going to ride out the US economic storm. RIM is reporting that it earned $412.5 million, or...

  • O2 give details on iPhone sales
    Phones

    O2 give details on iPhone sales

    By 28 February 2008

    O2 has confirmed that the iPhone is the company's fastest selling device it has ever had in the UK, however stopped short of saying actually how many it sold in the first month and half on sale. The mobile phone operator has cited what it claims is the...

  • Sony lowers 11 million PS3s sales prediction
    Gaming

    Sony lowers 11 million PS3s sales prediction

    By 31 January 2008

    Sony has announced it has cut its PlayStation 3 sales target for the year to March 2008 to 9.5 million units from their predicted figure of 11 million. This climb-down on the sales figures is in strong contrast to their stance at the Tokyo Games Show...

  • Microsoft reports record second quarter results
    Online

    Microsoft reports record second quarter results

    By 25 January 2008

    Microsoft has announced second quarter records for revenue, operating income and diluted earnings per share of $16.37 billion, $6.48 billion and $0.50, respectively. Compared to the year ago period, these figures represent growth of 30%, 87% and 92%....

  • Nokia takes 40% of the market in 2007
    Online

    Nokia takes 40% of the market in 2007

    By 24 January 2008

    Nokia has reported better than expected profits in the last year months of 2007. The company thanks to a series of new phone launches saw profits rise 44% to 1.8bn euros. Compared to Apple's 190,000 iPhones the Finnish company sold 133 million mobile...

  • Nintendo says its dominating video games market
    Gaming

    Nintendo says its dominating video games market

    By 24 January 2008

    Nintendo has confirmed what most people probably already realised - it had a great year in 2007. The company has announced today that the Nintendo DS was the best selling games hardware of any kind in 2007 with over 5 million units sold in the UK alone...

  • Apple shares tumble following poor outlook
    Online

    Apple shares tumble following poor outlook

    By 22 January 2008

    Apple has announced its first quarter results on Tuesday however following the financial results shares fell on the stock market by over 3.5%. According to the Apple, it shipped 2,319,000 Mac computers, representing 44% unit growth and 47% revenue growth...

  • DSGi issues £50 million profit warning
    Online

    DSGi issues £50 million profit warning

    By 3 January 2008

    DSG International the retailer which owns Currys and PC World, has issued a profit warning. A Christmas sales period described as "dire" has been the main explantion for the drop in profits. It has been announced that full year profits before tax are...

  • RIM doubles profits from BlackBerry sales
    Phones

    RIM doubles profits from BlackBerry sales

    By 24 December 2007

    BlackBerry maker Research In Motion has doubled its profits in the last quarter following strong demand for its smartphones from consumers and businesses alike. Revenue for the third quarter of fiscal 2008 was $1.67 billion, up 22% from $1.37 billion...

  • Palm reports loss of $9.6 million
    Phones

    Palm reports loss of $9.6 million

    By 19 December 2007

    Palm has reported a loss in the financial second quarter of 2007, failing to meet even down-sized Wall Street expectations. Palm lost $9.63 million, or 9 cents per share, on revenue of $349.63 million in the three months ended November 30th. To put these...

  • Vodafone reveals half yearly figures
    Phones

    Vodafone reveals half yearly figures

    By 13 November 2007

    Vodafone has released its half-yearly financial report for the 6 months to 30th September 2007. Highlights as laid out by the group include overall revenue of £17 billion, an increase of 9%, with 2% revenue increase in Europe. Growth in emerging markets,...

  • Blockbuster on the verge of financial collapse
    Home Cinema

    Blockbuster on the verge of financial collapse

    By 5 November 2007

    Blockbuster may be on the verge of financial collapse, Electronista reports. The company's latest quarterly results show a net loss of $35 million during the summer. Blockbuster now plans to go on a massive "defensive effort" to protect its "core rental...

  • Microsoft reports 27% revenue growth
    Online

    Microsoft reports 27% revenue growth

    By 26 October 2007

    Microsoft has announced revenue of $13.76 billion for the quarter ended September 30, 2007, a 27% increase over the same period of the prior year. Operating income, net income and diluted earnings per share for the quarter were $5.92 billion, $4.29 billion...

  • Nintendo profits up, predictions strong
    Gaming

    Nintendo profits up, predictions strong

    By 25 October 2007

    Nintendo has nearly tripled its first-half profit and boosted its annual earnings outlook, Reuters reports. Strong success from both the Nintendo DS and the Ninento Wii has helped its shares jump five-fold in 2 years and Kyoto-based Nintendo raised its...