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It's that time again — Apple just dropped its Q3 2015 earnings and despite missing Wall Street's always-lofty expectations, it's been a solid three months of growth thanks to the two usual suspects. Say it with us now, folks: It's all thanks to the iPhone and China. (If you're the sort who c...

July 21st 2015 at 4:59pm 0 Comments
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Nintendo recorded its first annual profit since 2011 today. Its final results for 2014 (technically April 1st 2014 to March 31st 2015) reveal a $207 million operating profit on $4.6 billion in revenue. That's nothing to write home about, and way lower than initially expected, but still represents...

May 7th 2015 at 4:56am 0 Comments
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If you're the type who uses Venmo to pay your buddies back for artisanal cupcakes, congratulations: You're a little bit safer now. Venmo announced the other day that it was rolling out a new two-factor identification feature -- when the service detects a login from a new device, it'll send you an...

April 3rd 2015 at 12:42pm 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...

January 28th 2015 at 5:23am 0 Comments
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It's not a big surprise, but Apple CEO Tim Cook isn't exactly a poor man. In the company's filed SEC Schedule 14A, it was disclosed that Cook pulled in a cool US$9,222,638 in compensation last year. Of that amount, $1,748,462 was his salary, non-equity incentive compensation was $6,700,000, and anot...

January 23rd 2015 at 11:00am 0 Comments
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Square-Enix has released its summary of 2014's finances with the start of the new year, and the good news is that it looks pretty rosy. According to the summary of the financial year that ended in March of 2014, the company's fortunes had improved immensely. Of more specific interest to the MMO mar...

January 2nd 2015 at 10:00am 0 Comments
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Apple is no stranger to stock buybacks so its no surprise that the trend continued in the 2014 fiscal year. And how much stock did Apple buy back this year? According to a new report for FactSet, Apple spent over $56 billion buying back stock this year. That's $36.8 billon more than IBM who took t...

December 19th 2014 at 7:00pm 0 Comments
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Many baulked when Facebook head Mark Zuckerberg agreed to drop $1 billion on Instagram in April 2012. "That's $33 per user," said some; "there's no business model!" screamed others. Less than three years later and Citigroup now says Instagram is worth $35 billion. That's almost 49 times higher tha...

December 19th 2014 at 1:28pm 0 Comments
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Perfect World's third quarter profits fell, according to a financial results document published yesterday by the free-to-play giant. CEO Robert Xiao blamed PW's American operations for the drop, though he said the firm remains "confident in the long-term prospects of our US subsidiary given its str...

November 26th 2014 at 6:00pm 0 Comments
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When Activision Blizzard bought itself to be freed from Vivendi, there was no shortage of unhappy shareholders, leading to several class action lawsuits filed against the company and other attendant actors in response to the whole process. Those suits have now been resolved and the case is now clos...

November 20th 2014 at 10:00am 0 Comments
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NCsoft's unaudited third quarter 2014 financial report is in. Do you want the good news first or the bad? Let's get the bad out of the way. WildStar's revenues plummeted between the second and third quarters, down 42.9% (the sales units in the table above, please note, are in millions of Korean Wo...

November 13th 2014 at 10:00am 0 Comments