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In an extra-special Friday-night-before-a-holiday-weekend news dump, AT&T just announced that its Q4 results will include about $10 billion in charges. That includes a $7.9 billion "related to actuarial gains and losses on pension and postemployment benefit plans", plus a $2.1 billion charge f...

15 days ago 0 Comments
January 16, 2015 at 6:39PM
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When we reviewed Amazon's Fire Phone, we said that you'd better off waiting for the sequel. That's good advice for you, but not ideal for the company, since it ate a $170 million loss and has $83 million worth of unsold devices piled high in warehouses. It's probably for that reason that the compa...

2 months ago 0 Comments
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HTC's issues appear to have worsened, as the company announced its first-ever net loss for a quarter in Q3. According to the statement, it's notched a net loss of $101.2 million (NT$2.97 billion) on revenue of $1.6 billion. As we noted last quarter, a shrinking profit put the load on the new HTC O...

1 year ago 0 Comments
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Mario's alma mater may be looking at its next big console to bolster its stumbling net income, but it won't be raising its bottom line on hardware alone: Nintendo says the Wii U is going to be sold at a loss. While this is par for the course for most game consoles, loss leader products are somewha...

2 years ago 0 Comments
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Normally shake ups in management and earnings outlooks don't really grab our attention. But, buried in the PR for just such moves from HP today was a particularly intriguing tidbit of information. In Q3 the company expects to be hit for $8 billion in pre-tax assets (but not cash) as part of an "imp...

2 years ago 0 Comments
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After a slew of bad news and drastically restated projections, Sony has reported the numbers for its full 2011 financial year and as expected, they're not good. The company experienced a record net loss of 456.7 billion yen ($5.73 billion) and an operating loss of 67.3 billion yen. The good news t...

2 years ago 0 Comments
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While we wait to hear Kaz Hirai's new plan for Sony, the news is getting worse before it gets better. The company just announced new projections that are more than double the net loss it predicted in February for the fiscal year 2011, to the tune of $6.4 billion. The reason? According to Reuters, i...

2 years ago 0 Comments