If you already feel a little hard done by when it comes to your paycheque, brace yourself. Bloomberg reports that four of the five best-paid executives across the whole of the US are employed by Apple — and just wait until you hear how much they earn. Read More >>
Featured comment by chmielify:
"Please, more news about execs. We really enjoy them! I would love to know what are favourite colours of the most prominent execs and why is it black a..." More »
It's time for another quarterly earnings, that kooky game wherein companies announce how much cash they've raked in, and then investors spank or hail them without much correlation to reality. Now up: Facebook, which has just entered crazy new territory. Read More >>
Microsoft announced its latest set of financial numbers last night, with Windows 8 helping the company's Windows division to record a 24 per cent increase in profits. Read More >>
Featured comment by T:
""double-digit percentage revenue growth in SQL Server and System Center."
Now that's more a like! However, shipping Powerview with Excel and ShareP..." More »
For once, Nokia's earnings report isn't the kind of thing which makes investors weep like small children. In the fourth quarter of 2012 the Finns became successful once more — netting a £370 million profit. Read More >>
Featured comment by T:
"It's still a big number for a company that struggles to sell £129 tablet, I'm surprised they broke even and made a profit after all." More »
Twitter has finally filed its UK accounts after a bit of a delay, claiming to have made a profit of only £16,500 from its new UK office. To be fair, Twitter only started trading in the UK in May of 2011 with a skeleton staff of hipsters huddled around a hot-desk in London's Silicon Roundabout tech zone, so the figures might be genuine and not just another massive tax dodge. No need for a boycott and mass exodus just yet. [Guardian] Read More >>
All is not well at Meg Whitman's HP, we learned during the company's fourth-quarter earnings call this morning. HP just recorded a $9 billion devaluation of its assets stemming from serious accounting tomfoolery at a company that HP bought for $10 billion last year. Ouch. Read More >>
Featured comment by emmanuel.makris:
"I find the HP story incredible. So Autonomy overvalued their business by approx. 90%. And HP, one of the biggest and most experienced organisations ..." More »
According to an international financial statement filed by Apple, the company manages to pay just 1.9 per cent income tax on its earnings outside the US, meaning it pays a mere £446-odd million in tax on earnings of about £23 billion. Read More >>
Featured comment by tsjmcgrath:
"Nor me, as it was already revealed on The Revolution Will Be Televised, if I'm right in saying. And you were missing out if you didn't watch that seri..." More »
In the second quarter of 2012, Samsung sold 50.5 million smartphones—twice as many as Apple—which sees the company extend its sales lead ahead of the iPhone. Read More >>
Featured comment by Darrell Jones:
"That's probably it. Owning an iPhone is viewed as a status symbol, but buying a 1 or 2 year old iPhone would be viewed like someone buying last years ..." More »
Microsoft just posted its fourth quarter results, and for the first time since the tech giant was founded, it lost money. But this isn't necessarly all doom and gloom the beginning of the end—not yet anyway. Read More >>
Featured comment by dirtymagic86:
"It's accounting black magic rather than losing actual money. It is like buying a car and then applying the depreciation over the last 5 years in one d..." More »
Google just reported its earnings results from the most recent financial quarter, and while there's not too much to go on yet, it's notable that for the first time, the company took in over $10 billion (around £6.5 billion) of revenue in a single three-month period. Read More >>
Apple's earnings call last night began with new CEO Tim Cook offering homage to Steve Jobs. He went on to note it set new records, sold a fuckton of phones, tablets, and computers, and made a huge pile of money. Read More >>
Featured comment by MrPiper415:
"The response to the Kindle Fire reminds me a little bit of Nokia's verbal response to the original iPhone's impressive sales: "we sell more phones in ..." More »
Google Co-founder and CEO Larry Page spoke candidly about the future of Google during the company's recent earnings conference call. Page wants to make Google's products more social and the best way to do that is through Google +. Read More >>
Featured comment by JulianT:
"So bored of Google+, Facebook and Twitter, none of them really DO anything for the majority of people living in real life." More »