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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...

January 29th 2015 at 7:23pm 0 Comments
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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...

January 16th 2015 at 6:39pm 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 th...

November 25th 2014 at 4:30pm 0 Comments
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Lenovo may be the world's biggest PC maker, but it's clearer than ever that much of the company's growth now comes from mobile. The Chinese tech giant has reported a 30 percent year-over-year jump in its calendar fourth quarter profit ($265 million) that's owed partly to massive spikes in non-PC s...

February 13th 2014 at 12:28am 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,...

January 23rd 2014 at 6:25am 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...

January 16th 2014 at 4:47pm 0 Comments