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2011 News, page 2

Microsoft reports blow-out Q4, record year on Xbox sales

Microsoft released its fiscal fourth-quarter earnings on Thursday and noted that its revenue of $17.73 billion was greater than any other fourth quarter in the company’s history. The Redmond-based firm also reported $69.94 >>

LG cuts full-year smartphone sales forecast by 20%

On Thursday LG’s Park Jong Seok, head of the mobile phone business, announced that his company is cutting its full-year smartphone sales forecast by 20% and now expects to sell 24 million smartphones >>

iPad HD could launch in September alongside iPhone 5

According to Thisismynext, Apple is prepping to launch a brand new iPad — in tandem with the iPhone 5 deployment — this fall. The rumor mirrors a report from FBR Capital markets analyst >>

Sony to launch PlayStation 4 in 2012, report claims

Sony’s manufacturing partners will begin building the consumer electronics giant’s next-generation video game console toward the end of this year, with a launch scheduled for 2012, DigiTimes reports. Details surrounding Sony’s PlayStation 4 >>

Sony to post $3.2 billion annual loss

Sony Chief Financial Officer Masaru Kato announced to the press on Monday that the company expects to post an annual loss of $3.2 billion for its fiscal year ending in March 2011 &mdash >>