Propelled by in-app purchases, mobile gaming revenue to hit $16 billion in 2016
Revenue from mobile gaming is expected to reach $16 billion in 2016, ABI Research said in a report released last week. ABI expects the growth, …
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LG profits up, mobile shipments down, in Q1 2011 earnings
LG struggled in 2010, but it’s slowly righting the ship in 2011. The firm reported its Q1 2011 earnings on Wednesday, and its operating profit …
Netflix reports subscriber growth, revenue spike in Q1 2011 earnings
Netflix released its fiscal first quarter 2011 earnings on Monday and, thanks to record amounts spent on marketing, the firm reported an increase in net …
FCC rules against magicJack; cuts into revenue stream [video]
Last week, the FCC ruled in favor of AT&T in a complaint it filed against VoIP home-phone service provider magicJack. For those of you that …
Analysts downgrade Apple stock, cite Foxconn deceleration
Despite ballooning revenues and a record of kick-ass quarterly reports, Apple’s stock has been downgraded from “market outperform” to “market perform” by JMP Securities. The …
