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Amazon may have surprised Wall Street by how much sales went up in the fourth quarter of last year ($29.3 billion, with a profit of $214 million), but for customers its Prime service is the big deal. Founder and CEO Jeff Bezos said Prime membership in the US grew by 50 percent last year, despite a...

2 months ago 0 Comments
January 29, 2015 at 7:23PM
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In an extra-special Friday-night-before-a-holiday-weekend news dump, AT&T just announced that its Q4 results will include about $10 billion in charges. That includes a $7.9 billion "related to actuarial gains and losses on pension and postemployment benefit plans", plus a $2.1 billion charge f...

3 months ago 0 Comments
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Considering that Apple just hit a record $700 billion market valuation, it's probably going to be a happy holiday around the Cupertino offices, but there may be even more cause for celebration. Ming-Chi Kuo, an analyst at KGI, is predicting that Apple will sell 71.5 million iPhones this quarter t...

5 months ago 0 Comments
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2013 is the last year that we'll see Nokia in its current form, as the world-famous handset business should be hived-off to become part of Microsoft's corporate family in the next few months. But how did it do in the last quarter? Not particularly well, it seems, but it's hard to judge how badly, ...

1 year ago 0 Comments
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Intel may have just validated concerns that the PC market was relatively weak in the fourth quarter. The company has reported a net profit for the period of $2.6 billion based on revenue of $13.8 billion, which is only slightly better than its performance last year; it's also a drop from what we s...

1 year ago 0 Comments
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We'll learn the exact impact the sale of the iPhone 5s and 5c will have on Apple, as the company will be announcing its fourth quarter earnings on October 28. This period covers July through September, which includes the first 10 days that the latest iPhone was on sale. Apple will hold its earni...

1 year ago 0 Comments