• Crunch Report | Instagram Shoppable Photos

    Today’s Stories  Instagram tests shoppable photo tags Google launches Tango AR smartphone system
    Mobile internet use passes desktop for the first time, study finds Sony’s profit down 86% but its costly mobile business has been shored up is back with another weird gadget Credits Written by: Tito Hamze, John Mannes
    Hosted and edited by: Tito Hamze
    Filmed by: Joe Zolnoski
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  • The Profit Is In Another Castle: Nintendo Records First-Ever Annual Loss

    The Profit Is In Another Castle: Nintendo Records First-Ever Annual Loss

    Citing poor sales of the Nintendo 3DS and “the stronger yen against the euro was also another reason,” Nintendo posted its first-ever loss – $534.6 million on revenue of $8 billion. This is down from $12.6 billion in revenue last year with $960 million in profit. But, as they say, it’s dangerous to invest alone. Here, take this: the company is predicting a profit of… Read More

  • Apple is definitely NOT going to lose money making the iPad

    Well, iSuppli is at it again, and this time they are deconstructing the iPad. Admittedly they aren’t 100% sure about what exactly is inside the new device, they are taking their best shot at it and the numbers are pretty impressive. It doesn’t surprise me when an company makes money (in fact I’m more surprised when they don’t), Apple stands to make quite a bit with… Read More

  • Sony returns to black in last quarter, sees signs of hope for the future

    Sony hasn’t been able to report good news on the financial front for quite some time, but now it looks like things changed to the better. The company today said [“Sony Global Earnings Releases” in English] in Tokyo it returned to the black in the October-December quarter (Sony’s fiscal year ends March 31) with a handsome $1.6 billion operating profit. This is… Read More

  • Sony getting closer to seeing a profit on PS3 sales

    When the PS3 was first launched, Sony was losing about $200 for every console sold. As time has passed, Sony has worked out cheaper ways to manufacturer the console, but they are still losing money on every sale. And now… well, they still are. But not as much. Read More

  • HP announces 4Q profits, and the news is good

    In financial news, HP delivered something positive today. The fourth quarter has been a good one, with HP reporting a net income of $2.4 billion, in comparison to the $2.1 billion they reported last year. It’s nice to see some good news for a change. Read More

  • Sony loses $390.5 million

    Poof! Sony lost $390.5 million in the first quarter compared to a profit of almost $800 million in Q1 last year. TV sales are way down along with still and video cameras. Samsung, it seems, is kicking their butt. Read More

  • 3G iPhone is still profitable at $199

    When people first saw the price of the new iPhone they thought, “Wow, how can Apple do that”? Well, ISuppli estimates the new iPhone will be cheaper to manufacture then the first one (I knew that had to be it). The original iPhone had an estimated manufacturing cost of $265, but since component prices went down the new iPhone cost about $173 to make. Also, Apple will still get… Read More

  • Mozilla makes free software, plenty of money

    For a company that makes its living by producing open source software, Mozilla’s doing quite well for itself. It brought in almost $67 million in 2006, up 26% from the year before. It spent just under $20 million, mostly on its 90-some employees (full and part time) around the world and the necessary infrastructure required to support things like serving up "close to 600,000… Read More

  • Motorola Sales Not RIZNG

    Bad news for all you INVSTRS out there: Motorola sales are sinking and it’s not subtle. The telecom giant has posted a loss of a whopping $181 million for Q1 alone. Decreasing sales of mobile handsets contributed greatly as sales have declined 15% to only $5.4 billion. I’m really surprised Motorola didn’t see this coming. You can only keep releasing the same slimmed down… Read More

  • Helio Hits 70,000

    Everybody’s favorite MVNO Helio today announced that it had reached 70,000 subscribers, a pretty substantial number for a year old company. The results were released because Earthlink, Helio’s parent company in conjunction with SK Telecom, will tomorrow release its annual earnings report. Helio projects that it will reach 100k subscribers by the next quarter. And I certainly hope… Read More

  • Sony Profit Down, Nintendo Profit Up: Is CG Wrong?

    Wii: Great for babies, the mentally deficient. It seems that Sony’s games division lost 54.2 billion yen ($445 million dollars) after the release of the PS3 this year. The company attributes the loss to problems during the launch including a general inability to make any units available to anyone. They also had some kind of problem with exploding batteries. In related news, the Times… Read More