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2008

Nielsen: U.S. digital music sales flat in 2010

September 27th, 2010

According to analytics company Nielsen, digital music sales in the United States were flat during the first half of 2010; showing no positive growth from 2009. The data should be concerning to record labels as digital music sales rose 28% from 2007 to 2008 and 13% from 2008 to 2009. Nielsen’s Jean Littolff spoke with Reuters …

Sony posts record $1 billion loss for fiscal year 2008

May 14th, 2009

As expected, Sony announced a record ¥98.9 billion ($1 billion) loss for the fiscal year ending in March 2009. This is Sony’s first reported yearly loss in 14 years and a significant change from the ¥369.4 billion profit Sony reported for the fiscal year ending in March 2008. Overall sales dropped 12.9 percent to ¥7.73 …

Top 15 posts of 2008!

January 1st, 2009

Hope you are all recovering well, friends. In case you haven’t heard, a new year is upon us, and we’ve taken the liberty of listing out the top 15 posts of 2008 on BGR (sorted by traffic). If there was something you felt was more relevant and wasn’t on this list, you’re free to add …

Best Buy earnings plummet 77%, will offer buyouts to employees

December 17th, 2008

Best Buy reported on Tuesday its earnings for Q3 2008 which, despite a strong Black Friday showing, were abysmal. Best Buy pulled in a meager $52 million in earnings or 13 cents per share which is a 77% drop from the same quarter last year during which Best Buy raked in earnings of $228 million, …

Sprint releases Q3 2008 results

November 7th, 2008

As has consistently been the case in recent history, Sprint’s Q3 2008 results show a decline in revenue and a loss of customers. Sprint’s overall revenue fell 12% to $8.81 billion from $10.04 billion a year ago. Sprint’s wireless service also showed a similar decline, losing 13% from last year and 3% from last quarter. …

Nokia releases Q3 2008 figures; sales and profits down

October 16th, 2008

Nokia released its interim report today covering performance in Q3 of this year. Long story short, it wasn’t pretty. Nokia had predicted a slow third quarter and a slow third quarter it had indeed. Market share was down, shipments were down, sales were down and profit was down. Perhaps the most alarming statistic is Nokia’s …