Microsoft reported stronger-than-expected sales of its current Windows software despite all the buzz surrounding its upcoming Windows 8 revamp. The surprising boost from Windows sales actually helped Microsoft post a 6 percent increase in revenue for its Q1 2012 (fiscal Q3) earnings results, countering the company’s slowing Xbox and Kinect sales. Revenue brought in by Read The Full Story
This news should probably come as a surprise to no one after Microsoft unveiled the Kinect Adapter for Windows last October. In a nutshell, this has made the Kinect for Windows somewhat redundant. So today, Microsoft is officially killing off the product. Of course, it's saying that it's "consolidating" its Kinect portfolio.
Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion.
Microsoft 's third-quarter 2015 financial report is in, and overall it shows good things for the company. Not all was stars and sunshine, however, and it suffered in the same area many of it competitors have been feeling the squeeze: PCs.
Viacom, owner of the Comedy Central and MTV cable TV networks, is preparing to lay off staff across the company following declines in both ratings and advertising sales as viewers continue to switch off from traditional TV, according to a Bloomberg report .
Microsoft dismantled another piece of its old way of doing business on Wednesday.As part of a broader announcement of partnerships in China, the company said it would allow existing users of Windows personal computers in the country to upgrade free to Windows 10, its coming operating system.
Hewlett-Packard reported earnings this afternoon, and the stock dropped sharply on a weak outlook. So that's a beat. And it reported revenue of $26.8 billion vs. expected revenue of $27.2 billion. That's a miss. Analysts were actually looking for a modest increase in EPS over the year-ago quarter (1 cent) and an almost 3% decline in sales.
NPD Group's numbers are in from last month, and it shows overall strong sales in the gaming industry, with February having an 8-percent year-on-year increase. Sales for both hardware and games hit $955.6 million, with $378.2 million of that coming solely from hardware sales (a year-on-year 10-percent increase).
Apparently the Xbox One doesn't have enough software yet. It would appear that the next wave for the platform is to open the doors in a big way for developers, reaching out to these developers to get them to bring all manner of software to the device.
Of course, these types of analysis always raise the question of causation versus correlation. It’s hard to prove how exactly the Super Bowl caused those results, because those two events may just be merely correlated to each other.If you’re planning to sell something in the New England region, you may want to root for the Patriots at this year’s Super Bowl. According to Insidesales.
Pandora just announced its fourth-quarter earnings, and the stock is down more than 23% after hours on revenues that missed Wall Street estimates. The company reported Q4 revenue of $268 million, lower than the company's expectations of $273 to $278 million. Analysts were expecting about $276 million. Pandora's Q1 2015 revenue guidance also disappointed analysts and investors.
We know that Windows 10's universal apps are coming to Xbox One, but there hasn't been much said about when or how this will happen, until now.The Vergereportsthat Microsoft will open up Xbox One app development in a big way over the coming months.
Salesforce's stock went crazy in after-hours trading the company reported its year-end earnings. As we write this, the stock is up 11% to a new all-time high of $69.80. Salesforce posted a good year, meeting analysts' high expectations exactly — it grew top-line revenue 32% to $5.37 billion and non-GAAP EPS to 14 cents. But that's not what made investors so bullish.
It's fairly easy to locate friends and family if you have an Android oriOS device, but finding your pals with a Windows phone? Not so much, unless you come across the right third-party apps. That may not be a big challenge for much longer. Spanish siteMicrosoft Placehasdetailedan as yet unreleased service, People Sense, that will let you share and track locations with other Windows phone owners.
In China, though, Apple has found success by following one, Brian X Chen reports.For years, Apple rivals like Samsung offered large-screen smartphones. Although the bigger phones sold well in China, Apple held off on releasing a similar model, and the country remained a weak spot. But Apple introduced its own versions last September, and now the sales spigot is wide open.
IBM’s top executives are holding their annual meeting with Wall Street analysts on Thursday, and it’s a skeptical crowd.The technology giant has sputtered recently with disappointing sales and profits. Last fall, IBM abandoned its long-held target of generating earnings of $20 a share this year, while its fourth-quarter profits and sales declined.
95% of Intel’s operating income More than 95% of Intel’s operating income last year came from selling PC chips. It’s why Intel keeps a close eye on the overall PC market.But the PC market in general has been in decline lately. In the first quarter of 2015, global PC shipments dropped 5.2% from the previous year, according to research firm Gartner.
Apple’s profit soared 38 percent and revenue rose 33 percent in its fiscal third quarter, as sales of iPhones continued to surge, Brian X. Chen reports.“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” Timothy D.