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On Tesla's quarterly earnings call, CEO Elon Musk announced "crazy off the hook" demand for its just-announced Powerwall battery product. He said over 38,000 reservations have been received, which should take up the expected production through mid-2016, and demand is high enough to account for all...

21 days ago 0 Comments
May 6, 2015 at 6:05PM
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Samsung's latest earnings numbers reveal that the company did better in the first quarter of 2015 than at the end of 2014, but its overall profits are still down while the competition's are rising. The company earned an operating profit* of 6 trillion won ($5.6 billion) for January to March 2015, ...

28 days ago 0 Comments
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GoPro is expanding its horizons... in a very literal sense. The action camera maker has just acquired Kolor, a French outfit that specializes in videos for virtual reality and 360-degree viewers. It doesn't take much divination to figure out what GoPro wants to do with its new team, as you might i...

29 days ago 0 Comments
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In the fast-moving world of social media, Twitter can be considered something of an old-timer; after all, it just turned nine years old this past March. Yet, in many ways, it's still struggling to find itself. Twitter has just reported its first quarter earnings report -- which was incidentally pu...

29 days ago 0 Comments
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Back in January this year, Apple recorded a blockbuster of a quarter thanks to holiday sales of its new, larger-screened handsets. It sold a whopping 74.5 million iPhones in the last three months of 2014, chalking up $74.6 billion in revenue in the process. While today's second quarter results don...

1 month ago 0 Comments
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Even though Amazon Web Services has taken off in recent years to become the cloud computing solution of choice for businesses, not much was known about how much money it was bringing in. Now, however, we do. In its first quarterly earnings report today, Amazon has reported the financials for its A...

1 month ago 0 Comments
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This quarter's Netflix earnings report is especially interesting because it's the first one since HBO's online-only Now service launched, so investors and other looking to see how it responds to direct competition. The streaming company just announced that it not only added nearly five million sub...

1 month ago 0 Comments
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T-Mobile kicked off 2014 by crashing an AT&T party, and finished it with "our best year in company growth ever," according to CEO John Legere. To be exact, it added 8.3 million new customers over the year, including a million "postpaid," clients in the last quarter of 2014. The Uncarrier chalk...

3 months ago 0 Comments
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Keurig's coffee machines have done great business for its owner Green Mountain Coffee. Making coffee in combination with pretty expensive capsules has made a lot of money for the company, but its latest 2.0 machines have left (excuse me) a bitter taste in the mouths of customers, as Keurig has see...

3 months ago 0 Comments
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For a company that's embedded itself so thoroughly in the fabric of modern communication, Twitter sure is having trouble getting more people to use it. The company just released its latest batch of quarterly financials, and while it handily generated more revenue and earnings per share than Wall S...

3 months ago 0 Comments
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Despite a supposedly weak PC market, Lenovo does very well, thank you. It's trying to sprinkle the same golden dust on to its latest acquisition, Motorola, and appears to be succeeding. Sales for the iconic brand are up 118 percent over last year to $1.9 billion (with more than 10 million units sh...

3 months ago 0 Comments
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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...

3 months ago 0 Comments
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We're in the thick of earnings seasons, friends, and Google just pushed out its latest spate of financials for our eager delectation. Here's the skinny: Google reported a total of $18.01 billion in revenue (closer to $14.5 billion if you don't count those pesky traffic acquisition costs), less tha...

3 months ago 0 Comments
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LG is still trailing Samsung and Apple in total smartphone sales (and profits from them), but the company just revealed its financial data for the last year and has plenty to be happy about. It sold 59.1 million smartphones last year, up nearly a quarter from what it moved in 2013. The report didn...

3 months ago 0 Comments
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Samsung's profits have been on an upward swing driven by several popular versions of its Galaxy smartphones, but 2014 is going into the books as an off year. It still posted a $4.88 billion profit in Q4, but for the year it was down 32 percent from 2013 and had the lowest profit since 2011, which ...

3 months ago 0 Comments
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Nintendo's slow and arduous journey back to financial prosperity continued today with the release of its latest financial results. The company posted a second consecutive quarterly profit in its financial Q3, which counts sales from September through to December. Revenue was 271 billion yen (rough...

3 months ago 0 Comments
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Of all the mysteries still surrounding the Apple Watch, its long-awaited launch window was easily the most debated. Well, not any more. Apple CEO Tim Cook just confirmed during the company's quarterly earnings call that the company's oft-hyped Watch should ship in April 2015 -- not March like many...

4 months ago 0 Comments
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Well, it's that time again. Apple has just released its latest batch of quarterly earnings, and wouldn't you know it -- the folks in Cupertino once again sold more iPhones than it has in any other quarter. We're talking 74.5 million phones changing hands since October, up just about 50 percent fro...

4 months ago 0 Comments