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BlackBerry's plan to cut costs and shift to services is starting to pay dividends. While the company's latest financial earnings report shows it's still suffering losses, they aren't as bad as expected. It certainly wasn't thanks to its smartphones, which were once BlackBerry's main source of reve

6 months ago 0 Comments
June 19, 2014 at 7:41AM
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Nintendo's reported a staggering loss of $456 million for the past financial year. The blame is being laid squarely at its relatively young console, the Wii U. Sales have slowed significantly: Nintendo sold 2.72 million Wii Us in the last twelve months. (Running totals for the Xbox One and PS4: fi

7 months ago 0 Comments
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When Twitter released its first earnings report earlier this year, one of the more distressing trends was that the company's user growth is slowing, and has been for the better part of a year. That's certainly not the kind of results you'd want from a firm that just filed its IPO a couple of month

7 months ago 0 Comments
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Nokia, at least in the form that we once knew it, is no more. The handset business has been cleaved off and sold to Microsoft, but that union isn't beginning on a happy note. In Nokia's final earnings report as an independent phone manufacturer, the outfit revealed that it isn't just feature phone

7 months ago 0 Comments
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While LG's earnings and profits are dwarfed by Samsung, at least it has some bragging rights this quarter. Unlike its Korean arch-enemy, LG actually made money with its home entertainment and display division, which it chalked up to better sales in large TVs. In fact, the company claims it now sel

7 months ago 0 Comments
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It's clear that when Facebook said it was going to be a mobile-first company back in 2013, it meant it. It's now surpassed 1 billion active mobile users a month, which is about a 34 percent increase compared to a year ago. Sure, a lot has happened in the land of likes in the early part of 2014 --

7 months ago 0 Comments
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The PlayStation 4 may be leading home console sales, but that doesn't mean Sony's bank account is in the black. The company has made a minor habit of garnishing its quarterly earnings reports with notable losses, and it's been selling off assets (including its own headquarters) to help balance its

8 months ago 0 Comments
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RadioShack's Super Bowl ad showing how cool and hip it is may've come a little too late, as the retailer has today announced its intention to close up to 1,100 \"underperforming stores\" across the US. The news was bundled in the company's 2013 financials, which tell a story of declining sales and c

9 months ago 0 Comments
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Not every struggling company story has to have a depressing ending. Though its troubles are far from over yet, Panasonic has just announced 73.7 billion yen ($730 million) in net earnings for Q3. That's up 20 percent over last year, a disastrous period that saw nearly $10 billion in full-year loss

10 months ago 0 Comments