BlackBerry on a "Sounder Financial Footing" Despite Enormous £3.5bn Loss

BlackBerry boss John Chen was surprisingly upbeat while revealing his company managed to lose £3.5bn last year, claiming that the most recent quarter was actually a little better than expected -- and hinting that bringing BBM to the desktop may be the next disaster-aversion therapy to come. Read More >>

Musical Social Media Giant Reports £4.4m pre-Tax Loss

The CBS-owned, social-media music hub,, has reported a whopping £4.4m pre-tax loss for 2011, as ad revenue stagnated and what growth they had in the US market essentially back-pedalled. That doesn't sound too good now, does it? Read More >>

Nintendo Posts First Annual Loss -- £280m Down as Wii and DS Sales Fade

Nintendo's casual gaming based world domination seems to be coming to an end, in money-making terms at least, with the Japanese gaming giant reporting its first ever loss for the last financial year. Read More >>

Sony Doubles Loss Forecast to £4bn, Blames Tax

Weak demand for its Bravia televisions and a massive US tax write-off helped Sony to a record loss last year, with the electronic giant now estimating it'll post a final loss of around £4bn in the financial year that's just ended. Read More >>

Dixons Group Lost £25.3m Last Year

Losses at the Dixons group have trebled over the last year, with the electrical seller losing £25.3m. It's positive about the future, though, claiming shop refits are turning the tide and gaining market share from the struggling competition. [BBC] Read More >>

Olympus Has Been "Hiding Losses" Since the 1990s

Fans of gadget fire sales might soon be able to pick up some cheap going-out-of-business Olympus equipment, as the troubled camera maker has admitted to cooking the books for decades. And another senior manager has been sacked. Read More >>


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