We're used to hearing how Apple makes an absolute hatful of money, and that it's sitting on a massive war chest of cash, but this really puts it in perspective: Apple generates more profit than Microsoft, Google, Facebook, Amazon, Yahoo, and eBay combined. Holy crap. Read More >>
Featured comment by Chidmas:
"He doesn't have 66b in the bank its what he's worth his liquid assets will be considerably less than that. What most of these guys are doing is giving..." More »
Jeff Bezos revealed to the BBC that Amazon makes no profit off the Kindle Paperwhite and Kindle Fire HD. Both devices are sold at cost, which means, both devices' price is how much it costs Amazon to make them. Read More >>
Featured comment by irononreverse:
"Buying things is a pain in the US since tax isn't shown on the price tags. It gets added on when you get to the tills. Pain in the butt." More »
Nokia has just released its financial report for the second quarter of 2012, and it's bitter-sweet. While Lumia sales are really taking off, the company continue to operate at significant loss. Read More >>
This is Michael Mann. Last week, in a binge lasting less than 24 hours, he registered 14,962 domains. He plans to sell them on to the likes of you and me, at an inflated price, to make a bucket load of cash—which is how his company manages to pull in around £250,000 every month. Read More >>
Well, not quite. The Wall Street Journal reports that in order to understand how the financial market is fairing, analysts are cutting Apple out of the picture because their dominance skews things too much. Read More >>
Featured comment by pretpat:
"True, Nokia and Blackberry are more examples of things that can go downhill.
Although I just read a news report that they now have 100 billion in c..." More »