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
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.
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.
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 .
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 .
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.
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.
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.
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.
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.
SEATTLE — This week, Microsoft did what it usually does when it has an intriguing new technology that isn’t fully baked: It released a video.The 2 minute 12 second Microsoft-made movie about HoloLens, the augmented and virtual reality headset it revealed this week, is a classic of the genre, showing some of the wild things people might one day do in their homes and offices with the technology.
some public SaaS companies like Workday and Veeva lost as much as half of their value in a matter of weeks between February and April."We're incredibly excited for the coming year and the next phase of Box's growth. As always, our goal is to deliver amazing technology that transforms the way individuals and businesses work," Box told us in a statement.
Apple today announced that the next quarterly earnings call will be held at 5 PM ET (2 PM PT) on Tuesday, January 27, 2015. This, of course, will be the call at which results for the first fiscal quarter of 2015 (October 1, 2014 - December 31, 2014) will be discussed.
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.