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As of November 24, 2014, Apple Inc had the largest market valuation of any company in the world. This morning, November 25, the company's value hit $700 billion, retaining its title and setting a new record for market valuation. To put Apple's success into perspective, the second most valuable co...

4 months ago 0 Comments
November 25, 2014 at 2:30PM
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Majesco has fallen on hard times, as the Cooking Mama publisher "implemented a reduction of our workforce to reduce our fixed costs," according to recent SEC filings. The company's layoffs came at the very end of October, just after its independent label Midnight City launched Costume Quest 2 on PS...

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Zynga -- the company that used to take all your cash before you started giving it to Class of Clans and Candy Crush Saga -- is continuing to be exceedingly generous by spending all its cash without making any back, according to its newly released earnings report. The company, which is responsibl...

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Square Enix reported 35.4 billion yen ($308.6 million) in net sales for the second quarter, ending September 30. While that represents a 6.3 percent drop from the company's first quarter results, its six-month net sales of 73.1 billion yen ($637.9 million) is an 18.6 percent boost year-over-year. A...

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Did you know that Lenovo had planned to become the world's biggest PC and tablet maker by the end of 2016? It turns out that the company's achievement was even greater than its ambition, since the milestone has been reached six financial quarters early. In Lenovo's latest earnings release, the com...

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Activision reported $753 million in net revenue for the third quarter (ending September 30), a nine percent increase over the publisher's $691 million in revenue recorded for the same period last year. A record 67 percent of the company's revenue came from digital channels, according to Activision'...

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New CEOs frequently cut jobs to streamline their companies, and Sprint leader Marcelo Claure is proving to be no exception to the rule. The exec is cutting 2,000 jobs as part of "bold actions" he believes are needed to return the carrier to health. It's not hard to see why the layoffs are coming, ...

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7.9 million users are signed up to PlayStation Plus, a figure Sony said was a factor behind the success of the company's games division last quarter. Chief Financial Officer and Executive Vice President Kenichiro Yoshida divulged the subscriber count during Sony's investors call, following its earn...

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When a company like HTC has been on a year-long losing streak, it's hard to work out if its earnings for this quarter are a cause for celebration or despair. Last quarter, you see, the One M8 helped the company achieve a huge turnaround, pulling down a $92 million profit after a series of losses. ...

5 months ago 0 Comments
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If you're rooting for Sony to pull through recent tough times, it's still a cliffhanger, according to its latest earnings report. On the plus side, PS4 sales have been stellar, up 83 percent over last year at 310 billion yen ($2.8 billion). The good news drops off sharply from there, however, espe...

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Ubisoft revealed today that it earned 124.1 million euros (approximately $156.6 million) in revenue during the second fiscal quarter of 2014 ending September 30, marking a decrease of nearly 43 percent compared to the €217.7 million ($274.8 million) earned in the same quarter last year. The re...

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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...

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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...

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Super Smash Bros. isn't just fun to play, it also gave Nintendo a fun financial quarter. For the first time in a while, the Japanese company turned a profit, 24 billion yen worth ($224 million) to be exact. That's a big (Wii) U-turn over last quarter, when it managed to lose 9.9 billion yen ($97 m...

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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...

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T-Mobile has apparently decided that UnCarriers release their fiscal results at night, well after investors have gone home -- and to no one's surprise, there's plenty of good news that couldn't wait until the morning. The Magenta network is reporting that it added 2.3 million new customers in the ...

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By all accounts, Twitter's doing what it's supposed to: coaxing more people into using its high-speed social snark service... just maybe not as fast as some would like. According to Twitter's third quarter financials -- in which the company met or exceeded most milestones Wall Street types were ho...

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