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Once again recalibrating its bad news for the latest financial quarter, Sony has quadrupled its forecast loss for the financial year and it's down to those Xperia smartphones. The company already cut its forecast for smartphone sales in July, and this latest reassessment - to the sum of a 180 bill...

5 months ago 0 Comments
September 17, 2014 at 3:21AM
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Perfect World Entertainment continues its hot streak of revenue generation, posting gains both quarter-over-quarter and year-over-year. The company released its Q2 2014 financials this past week, and reported revenues of $149.6 million, of which $138.8 million come from PWE's online games. Gross pr...

6 months ago 0 Comments
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The second quarter of 2014 was a very good time indeed for NCsoft, as the publisher announced today that revenues and profits are up thanks to WildStar's launch and Guild Wars 2's move into China. In today's earnings report, NCsoft shows that sales went up 20% and operating profit increased 46% ...

6 months ago 0 Comments
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It wasn't long ago that Sony, almost inexplicably for a company of its size and heritage, was losing money everywhere it went. After a few years of pain, however, things have begun to look up, with the company posting a first quarter net profit of around $265 million. The bulk of the good news com...

7 months ago 0 Comments
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LG has just reported a record quarter for mobile phone sales, showing that it's taking advantage of a slump from arch-rival Samsung. LG sold 14.5 million handsets over the last quarter, its highest total ever and 20 percent more than last year -- with more than a third of those LTE models. It chal...

7 months ago 0 Comments
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To no one's surprise, Google -- the company that builds everything from web email services to self-driving cars -- has once again climbed the revenue charts. Today in its quarterly earnings report, the Mountain View company reported it's raked in $15.96 billion in revenue this quarter, which is ab...

7 months ago 0 Comments
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Though HTC lost money last quarter, it had just launched its One M8 flagship to great reviews, and promised the new handset would put a halt to the red ink. The (unaudited) numbers are now in and back up that boast. The company scored a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 bi...

8 months ago 0 Comments
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Perfect World Entertainment posted its earnings report for Q1 2014, showing strong financials that include an increase from the same period in 2013. In Q1 2014, the publisher made $143.3M in revenue, $105.5M in gross profit, and had an operating profit of $28.5M. Perfect World CEO Robert Xiao sa...

9 months ago 0 Comments
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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...

10 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...

10 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...

10 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...

10 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 -- ...

10 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...

10 months ago 0 Comments