AppleMoney
apple
Apple Generates Insane Profits That Are More Than Basically Everyone Else In Tech Combined

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 >>

181vjolmmrschjpg
amazon
Amazon Literally Makes No Money When You Buy a Kindle Paperwhite or Kindle Fire HD

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 >>

17tagwxht9sl6jpg
nokia
Nokia Has Sold 4 Million Lumias — But It’s Still Making a Loss

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 >>

17kgk5093b7rxjpg
internet
Meet the Man Who Registered 14,962 Domains in 24 Hours

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 >>

medium_ffa22048d16bcc900e19cb874ea9e9ba
apple
Apple Is So Big That Financial Analysts are Ignoring It

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 >>