BlackBerry Boss Hints at Hardware Exit Unless the Money Starts Coming in

BlackBerry CEO John Chen has hinted that the company may exit the handset business unless there's a dramatic turnaround in the near future, saying: "If I cannot make money on handsets, I will not be in the handset business." Read More >>

Reddit Is Trying to Actually Make Some Money

90 million unique visitors a month has to be good for something. But so far Reddit hasn't been able to stay consistently profitable even with all those people banging at the door. Read More >>

Sony's Finally Back in the Black After Five Years of Losses

The Sony we used to know and love is slowly returning. With products like the Xperia Z, awesome headphones, some seriously good TVs, and cutting out the crap, Sony's managed to drag its loss-making arse back into the black. It made its first annual profit of £280 million in five long years, but it's not all good news. Read More >>

Amazon Somehow Lost £25 Million Selling £39 Billion Worth of Stuff Last Year

The good news, if you're Amazon? You just sold £38.75 billion worth of stuff in 2012. That's roughly the GDP of Croatia! The less good for you but pretty funny for everyone else news? You somehow lost £25 million doing it. Business! Read More >>

Revenue Up, Profits Down, Windows Still Plugging Away as Usual for Microsoft

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 >>

Samsung Profits Rocketing Amid Smartphone Domination

Samsung's quarterly profits exploded by 76 per cent in the final three-month chunk of 2012, thanks to soaring demand for its smartphones and the many internal bits it supplies to other makers. Read More >>

Eyebrows Raised Over Twitter's Laughably Low £16,500 UK Profit

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 >>

RIM's Profits Crash as 1m Subscribers Abandon Ship

Even the Mayans could've seen this coming. BlackBerry maker RIM has seen its profits collapse this year, with the troubled phone company banking just £5.5m last quarter compared with £163m the year before. Read More >>

Profits Down as HTC's Global Revenue Continues to Slide

HTC's revenue and profit numbers for the last quarter show that it's struggling to return to the sensational form of previous years, with both numbers showing huge drops on the same period of 2011. Read More >>

Apple Pockets At Least £400 in Profit from Each iPhone 5 Sale

Component supplier guesstimates have given us a rough idea of how much it costs Apple to make the iPhone 5, with the cheapest 16GB costing Apple around £127 in bits and manufacturing fees to build. It's going to make a nice bit of money out of it, to say the least. Read More >>

Is HTC the New Doomed Phone Manufacturer?

HTC's fortunes aren't going so well. At the start of the year, the company announced a 22 per cent decline in operating income, year-on-year. Today, it's had the misfortune to announce that its second quarter net profits for 2012 are down a hideous 57 per cent compared to the year before. Read More >>

Gears of War Developer Made a Better Return from iOS Game Infinity Blade

We're constantly hearing about the imminent death of the home console business from those who think mobile gaming's destined to obliterate it at some point between now and the end of mankind, now we have some data to back that up. 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 >>


Don't have a Gizmodo UK account?