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Earlier this summer, Sony closed another fiscal year of being in the red, but it's starting the 2010/11 ledger with its quill dipped firmly in the black inkwell. For the quarter ending June 30, the Japanese megacorp clocked up ¥25.7 billion ($293 million) in pure, unadulterated profit off the b...

July 29th 2010 at 5:42am 0 Comments
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Although foreshadowed, it's hard to believe that the once mighty Ninty, a company with unshakable profits even during last year's global economic downturn, just recorded a Q1 net loss of ¥25.22 billion ($288 million) compared to a net profit of ¥42.32 billion during the same 3-month period...

July 29th 2010 at 4:43am 0 Comments
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This time last year, almost to the day, Microsoft saw its first annual sales decline in history. Things are looking much better now, with the company reporting a record $16.04 billion in revenue, a 22 percent year-over-year increase for its Q4 revenue ending June 30th. In fact, revenue is up across...

July 22nd 2010 at 5:14pm 0 Comments