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When Samsung took the time to update investors ahead of its upcoming quarterly earnings report, it warned 'weak demand' for phones and an increased marketing spend could hit the company hard. That report hit today, and it's as bleak as the company expected. In its second quarter, Samsung posted pr...

7 months ago 0 Comments
July 31, 2014 at 4:34AM
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Acer executives are having a gloomy time of it after suffering a huger-than-expected financial loss for 2013 and subsequently being forced to take a 30 percent pay cut. Despite launching a wide range of PCs and tablets last year, the Taiwanese manufacturer lost around $700 million (NT$21 billion),...

1 year ago 0 Comments
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Verizon's third quarter results are out, and it's not suffering any malaise after its break-up with Vodafone. In fact, it landed 1.1 million new mobile customers and over 300,000 new subscribers to its FiOS internet and video services during the three-month period. More than 67% of people on the c...

1 year ago 0 Comments
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During Apple's earnings conference call on Tuesday, CEO Tim Cook fielded an analyst's question regarding Apple's product releases during the Fall 2012 quarter and delivered a surprisingly candid answer. Addressing the shipping delays that plagued Apple's new iMacs, Cook articulated that Apple...

1 year ago 0 Comments
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Despite revenues of $291 million during the three month period ending December 29, 2012, Disney Interactive's remaining $9 million in operating revenue (read: pre-tax profit) made it the entertainment giant's least profitable division during the first quarter of the fiscal 2013. Still, this was a m...

2 years ago 0 Comments