Pre boost smartphone sales for Palm
Palm has become one of major challengers to the dominating Apple in the smartphone market with the launch of their Pre.
The company has now reported that Pre helped them boost their sales by 134% to 823,000 units during the latest quarter.
However, they are still struggling in terms of [...]
Canon India aiming at sales turnover of Rs 800 crores this year
The Indian division of Canon has revealed that they are aiming to achieve sales turnover of Rs 800 crores this year.
The company had a sales turnover of Rs 665 crores last year.
Canon said that they are expecting their camera business to [...]
TiVo posts a loss
Digital video recorder service provider TiVo has come out with their latest revenue report and they have posted a small loss.
The company said that they struggled in the quarter as paid subscriptions declined against the backdrop of the economic downturn.
Thankfully, the loss was smaller than what the market analysts had [...]
Hewlett-Packard profit down 17%
Hewlett-Packard has come out with their latest revenue report and the company’s profit figures have come down 17%.
The company said that the sales of personal computers and printer ink were slow in the recent quarter.
HP’s chief financial officer, Cathie Lesjak admitted that it is too early to call if the [...]
Panasonic posts a $4 billion loss in the last financial year
Last year turned out to be a disastrous one for Panasonic as the company posted a 378.96 billion yen loss for the fiscal year ended March.
This is Panasonic’s first loss in as many as seven years.
The company revealed that things are unlikely to [...]
Toshiba posts record losses
Japanese consumer electronics giant Toshiba has posted a record annual loss as the company has been cutting jobs to stay competitive in these tough times.
The company posted a 343.6 billion yen loss for the financial year ending in March this year.
This is a pretty bad performance compared to a profit of [...]
Qualcomm reports a second-quarter loss
Mobile technology company Qualcomm has come out with their latest revenue report.
The company has posted a second-quarter loss of 289 million dollars.
This disappointing result is mostly due to the announcement to pay rival Broadcom 891 million dollars to settle their patent dispute.
The company had posted profits of 766 million [...]
Amazon.com posts impressive revenues
US based online shopping giant Amazon.com has come out with their latest revenue report and the company has managed to beat the market expectations.
Market analysts are surprised by this improved performance considering Amazon has not been playing the price game by offering massive discounts.
The company has benefited from the [...]
RealNetworks posts a loss in the fourth quarter
US based digital media company RealNetworks has posted a loss in the most recent quarter.
The company said that they had a net loss of $240.5 million. It is down from profits of $2.7 million in the same period in the previous year.
The revenues were also down [...]
Nvidia reports a loss
Graphic card manufacturer Nvidia has posted a loss in the most recent quarter.
This is a worse performance from the company as anticipated by the market analysts.
The company reported that their revenues went down by around 60% due to weak demand in the market.
Nvidia posted a net loss of [...]
