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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

4 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),

11 months 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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Sony's first-quarter figures for 2012 show that despite the company's optimism three months ago, it's made a net loss of $312 million. It pulled in a whopping $19.2 billion in sales for the three months ending June 30th, partly credited to bringing Sony Mobile fully into the family. However, the c

2 years ago 0 Comments