It’s finally official with Microsoft pushing an Xbox 360 update today that has removed the use of Microsoft points completely. All purchases will now be done in local currency instead of Microsoft virtual one. All existing points and points renewed in the future will simply be converted to their cash equivalent so those worrying about points […]
Intel Q1 2013 results: $12.6 billion revenue with net income of $2 billion
Intel’s revenue results for Q1 2013 are in and the company have reached a total revenue of $12.6 billion and a net income of $2 billion. Their revenue is down around 7 percent compared to last quarter with their net income seeing a bigger drop with 17 percent compared to Q4 2012. Intel are predicting […]
Google Q1 financial results hit $14 billion in revenue with $3.35 billion net income
It’s that time again and Google are up for posting their financial results of Q1 2013, their results how a revenue of $14 billion with a net income reaching $3.35 billion. The results for this quarter show an increase of 31 percent year on year. The only real loss on Google side is with their […]
Lenovo CEO spreads his $3 million bonus to all 10,000 employees
Lenovo CEO Yang Yuanqing has done a hugely commendable thing by distributing his entire $3 million bonus to the 10,000(give or take) staff that Lenovo have. Now it’s no doubt that a CEO of a huge company like this would make a huge amount of money regardless of their bonus, with Yang earning around $14 million last year […]
Google reach $12.21 billion in revenue for Q2 2012, pocket $2.79 billion in profit.
Google have release their results for Q2 of 2012 and they have killed it again with high results. They are reporting a nice reach of $12.21 billion in revenue and of that they pocket a nice $2.79 billion in sheer profit and this alone beats all expectations that Google had for this Quarter. This is also […]
Samsung’s Q1 2012 results in, €30.2 billion in sales and €3.9 billion in profit
It’s again time for another quarterly report and this time it’s Samsung dropping their results. Reaching an impressive 45,27 trillion (€30.2 billion) and making 5.85 trillion (€3.9 billion) total in operating profit. Their sale numbers are up 22 percent year on year and their net profit is up 98 percent compared to Q1 2012. Their Mobile […]
Acer posts Q1 2012 results, $3.8 billion in revenue and $11.2 million
Acer have today have released their Q1 financial results. Reaching a total of $3.8 billion in revenue and a small but better than loss $11.2 million in net profit. This is an 11.4 percent drop in revenue compared to last quarter and a massive 72 percent drop compared to last year of the same quarter which […]