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We knew it was coming, but Toshiba's CEO and president Hisao Tanaka is no longer at the company. As the electronics giant attempts to recover from the fallout following the disclosure that it declared $1.2 billion in false profit, Tanaka and two other executives have announced their resignations t...

July 21st 2015 at 5:15am 0 Comments
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Despite "Gangnam Style" having over two billion views, hosting countless other viral clips and netting over a billion users per-month, YouTube can't seem to turn a profit. How's that? Well, after paying for the infrastructure that makes Google's video empire possible (and its content partners), Th...

February 26th 2015 at 1:50am 0 Comments
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Another financial quarter is fading into memory, and that means it's time for another earnings call for Activision. The financials tell a fairly bright story for this particular quarter, with the continued sales of Destiny, overall success of Hearthstone, and the subscriber bump for World of Warcra...

November 5th 2014 at 9:30am 0 Comments
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Take-Two reported $126.3 million in revenue for the second quarter (ending September 30), a slight increase compared to the $125.4 million in revenue the publisher reported last quarter. It also represents a 15.1 percent decline compared to the same quarter last year, a period that itself didn't be...

October 30th 2014 at 10:00am 0 Comments
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Nintendo posted a profit of 24.2 billion yen ($224 million) in the last quarter, ending September 30, a sizable resurgence for the company following its 9.9 billion yen loss in the previous quarter. The company also reported 96.7 billion yen in net sales ($895 million), a 29.5 percent jump compared...

October 29th 2014 at 6:00pm 0 Comments
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Electronic Arts reported $990 million in net revenue for the three-month period ending September 30, the publisher revealed in its second quarter of fiscal 2015 financial results. That represents an 18.5 percent decline from the $1.21 billion in revenue reported in the last quarter, though it's als...

October 28th 2014 at 5:17pm 0 Comments
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When I was first introduced to EVE Online back in 2004, a big part of the attraction for me was the promise of a huge player-run economy in which the only real laws were those of supply and demand. With only a handful of tech 1 ships and modules available to build and everything made out of the sam...

September 14th 2014 at 6:00pm 0 Comments
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Samsung's marketing budget has always been vast, but in the last quarter it was far larger than even the manufacturer itself would have liked. The company admits that it's been forced to spend extra money on promotions for older and lower-end devices that have been filling up its warehouses due to...

July 8th 2014 at 4:10am 0 Comments
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Not every struggling company story has to have a depressing ending. Though its troubles are far from over yet, Panasonic has just announced 73.7 billion yen ($730 million) in net earnings for Q3. That's up 20 percent over last year, a disastrous period that saw nearly $10 billion in full-year loss...

February 5th 2014 at 10:15am 0 Comments
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In Apple's Q1 earnings report, the company reported a profit of $13.1 billion. That's a whole lot of money, but it can sometimes be difficult to really wrap your head around a figure that large. So to help put it in perspective, here are a few things you could buy with that much money. Note: The...

January 31st 2014 at 9:30am 0 Comments
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The PlayStation 4 costs $381 for Sony to build, $18 under its retail price of $399. The figure comes from a hardware teardown by research firm IHS that included the bill of materials, which amounts to $372, as well as per-unit cost of assembly in the assessment. The teardown notes that the system's...

November 19th 2013 at 7:00pm 0 Comments