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
It looks like Sony still has bragging rights that thePlayStation 4is the top-selling console. Not to be outdone by the latest NPD report, the PlayStationTwitter account announcedthat the Sony's new console is still outselling theXbox One, for the sixth month in a row.
Oracle just report its first-quarter fiscal 2015 earnings its another miss: $0.62 EPS versus expectations of $0.64. Revenue of $8.06 billion versus expectations of $8.77 billion. And it just shocked to the world by reporting that co-founder Larry Ellison is stepping down as CEO. He was the longest sitting CEO in Silicon Valley and gave no indications that he had planned to retire anytime soon.
Intel reported Q2 EPS of $0.55 on revenue of $13.8 billion. Analysts were expecting earnings per share of $0.52 on revenue of $13.71 billion. Following the numbers, shares of Intel were up 2.7% in after hours trade. For the third quarter, the company expects revenue of $14.4 billion, plus or minus $500 million. The company also expects to incur $20 million worth of restructuring charges during Q3.
His3,100-word essay, distributed by email to Microsoft employees Thursday morning, is Mr. Nadella’s mission statement and a rallying cry for the staff. Although it contained few specifics, the essay appeared to lay the groundwork for significant changes, to be announced this month.Mr.
If you’ve been to an electronics retailer like Best Buy recently, you’ve probably seen a stack of Xbox One bundles peppered throughout the store. According to Microsoft, that’s helped them boost sales of late. Xbox marketing chief Yusef Mehdi took to the Xbox blog today, noting Microsoft’s game system has moved a massive quantity of units; nearly 10 million.
in September, according to GamesBeat.Microsoft has been struggling to outsell the PlayStation 4, but things might turn around for the system starting on Black Friday. Target announced on Monday that it will sell an "Assassin's Creed" bundle of Microsoft's latest console for $329 on Black Friday .
Time flies! Next Tuesday is July 22, and that's the day that we'll hear from Apple executives about how the company did in its third fiscal quarter ending June 30, 2014. As usual, TUAW will liveblog the earnings call beginning at 5 PM ET, and you can listen in on the proceedings via Apple's livestream .
GoPro shares just jumped 8% after the company reported earnings ahead of expectations. Excluding nonrecurring items, the camera company earned $0.12 per share in Q3, beating expectations for $0.08 per share. Q3 revenue surged 45.7% year over year to $280.0 million, which was stronger than the $264.2 million expected. GoPro is famous for its portable mountable Hero line of HD cameras.
As mentioned last week, Microsoft is cutting down the price for the Xbox One , albeit temporarily only. The $50 discount, which brings the Kinect-less package down to $349 at the lowest, will be available across all units and bundles.
Good morning! It's set to be a rainy day in New York. Here's the tech news you need to know this morning.1. The company that was supposedly going to make sapphire glass screens for iPhones has filed for bankruptcy. The company's stock price dived 90% after the news was announced. 2. Samsung warned yesterday that its upcoming Q3 earnings call will be disappointing.
ntil now, according to new research from long-time Microsoft rival, VMware.That said, VMware uncovered some interesting nuggets.In that survey almost all respondents, 98%, say they expect employees to be using more Apple devices in the next three years.Q4 2013, Apple sold 2.1 million Macs, which represented nearly 14% of the PC market,. That was a whopping 28.
Microsoft's Xbox division head Phil Spencer took to Twitter this week to announce the company had officially completed its purchase of open-world Lego simulator Minecraft , along with its developer Mojang. The acquisition was first announced in September for $2.
But this is just a hypothetical example based on piecing together the rumors.When Microsoft introduced Windows 8 in 2012, it ushered in some of the biggest changes in Windows history. Windows 8 is meant to be a single software working seamlessly across traditional laptops, hybrids, and tablets.
regularly filing earlier this month revealed that Samsung's 2014 third quarter profits would show a big stumble over past quarters, with it being expected that the company would be showing three-year lows.
How do you beat the competition in the gaming console business? If you're Microsoft and you've got an Xbox One , the most recent and best answer you might have is cutting costs. They've currently got a holiday sale on their Kinect-less Xbox One, knocking the price down by $50.
There's a huge change going on in the tech industry that will create a whole new crop of winners and losers: cloud computing. Microsoft CEO Satya Nadellarecently declared that Microsoft was already in with the winners. "We absolutely caught the trend ... it's no longer up for debate, whether we get the cloud," he said.
Although Microsoft purchased Nokia's mobile division in April for $7.2 billion, we've still seen devices released under the Finnish smartphone-maker's brand over the past several months. That could all change very soon, however.