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    AirPods Pro are back in stock at Amazon after selling out – and they’re $52 off

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financial

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

July 21st, 2011

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 billion in revenue for the fiscal year — also a record — up 12% from 2010. The company’s Entertainment & Devices division …

Microsoft Xbox Live revenues to top $1B

July 8th, 2010

According to analyst estimates, Microsoft’s Xbox Live premium gaming service may generate over $1 billion in revenue for the fiscal year that ended on June 30th. Much of this revenue is coming from Xbox Live Gold members who pony up cash for additional content like game add-ons, avatars, and movies. Microsoft was uncharacteristically forthcoming about …

HP finalizes Palm acquisition

July 1st, 2010

Today, HP announced that it has officially completed the acquisition of Palm. The former Palm business unit will continue with webOS development under the leadership of Jon Rubenstein who will report directly to Todd Bradley, the executive vice president of HP’s Personal Systems Group. Look for the new HP/Palm to further develop its webOS smartphone …

Clearwire subscribers top 688k, revenue soars in 2009

February 24th, 2010

Clearwire announced its Q4 2009 and 2009 year end results today, and though WiMAX in the US is lagging behind its European counterparts, it is coming on strong and 2010 promises to be a banner year for the 4G service. Q4 2009 was a strong quarter for Clearwire with the wireless provider adding 85,000 new …

Ericsson to cut Swedish workforce by 1,000 employees

December 9th, 2009

L.M Ericsson Telephone Company unexpectedly announced on Tuesday that it is laying off almost 1,000 employees in its native Sweden due to a 74% drop in net profits one quarter back. Ericsson is reportedly closing operations in the town of Gävle, a design and manufacturing facility that employs 856 people. They’re also slashing almost 9% …

Verizon Wireless to buy a portion of Centennial Comunications from AT&T

May 9th, 2009

A funny thing happened on the way to acquisition. The two largest carriers in the US, Verizon Wireless and AT&T, have commanded and conquered some smaller carriers and are now seemingly sharing the spoils. As already reported, AT&T announced on Friday that it will purchase a substantial portion of Verizon’s divested Alltel assets. On the …

Verizon Wireless in the midst of laying off employees?

February 10th, 2009

Despite solid Q4 2008 earnings, Verizon Wireless is apparently not layoff-proof in this struggling economy but then no company is. Rumor has it that Verizon is in the process of an unannounced work force reduction that began yesterday, February 9th. The rumored layoffs will continue through the end of the month and will affect an …

Verizon Wireless reports fourth quarter 2008 earnings

January 28th, 2009

Bucking the downward trend, Verizon Wireless announced strong Q4 2008 earnings yesterday amidst the downturn. Verizon Wireless saw a net increase of 1.4 million non-acquisition related customers in Q4 2008, most of which were in the retail sector. Verizon added a total of 5.8 million new subscribers in 2008, a 9.9% increase which brings its …