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After strong Q3 showing, HTC sees nearly 20 percent drop in November revenue

EasyReadArticles.com — Tue, 06 Dec 2011 09:39:00 +0000

All was looking rosy for HTC at the end of October, when the company released yet another stellar Q3 earnings report. Since then, however, things have apparently gone downhill in a pretty drastic way, as evidenced by an unaudited revenue report for the month of November. In an announcement issued today, the manufacturer confirmed that it saw about 31 billion Taiwanese dollars ($1.03 billion) in consolidated revenue last month, down 19.6 percent from November 2010, when it raked in some 38.5 billion Taiwanese dollars (about $1.27 billion). HTC didn’t offer an explanation for the drop, though an earlier Q4 earnings forecast predicted that the company’s impressive streak of robust earnings reports would soon come to an end. It remains to be seen whether December treats the company more gently, but for now, you can check out the full financial breakdown at the source link, below.

After strong Q3 showing, HTC sees nearly 20 percent drop in November revenue originally appeared on Engadget on Tue, 06 Dec 2011 05:39:00 EDT. Please see our terms for use of feeds.

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Barnes & Noble says Nook owns one quarter of US e-book market, we don’t doubt it

EasyReadArticles.com — Thu, 24 Feb 2011 13:32:00 +0000

There are many players in the e-reader world, but few have managed to gain any sort of traction. Though it hasn’t achieved Kindle levels of success Barnes & Noble is taking pride in saying that its Nook series of readers has conquered 25 percent of the US e-book market. The company doesn’t cite any specific sales figures to back up that number, but we’ll go with it. Sadly, though, there’s another 25 percent number that is detailed and isn’t nearly so positive: that’s how much the company’s profits dropped from this period last year. That was said to be due to heavy investments in the Nook but, despite that, B&N managed to post a $60.6 million profit — certainly better than some of the competition.

Barnes & Noble says Nook owns one quarter of US e-book market, we don’t doubt it originally appeared on Engadget on Thu, 24 Feb 2011 09:32:00 EDT. Please see our terms for use of feeds.

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Apple has another record quarter, posts $3.07b profit

EasyReadArticles.com — Tue, 20 Apr 2010 21:48:00 +0000

Apple might not be too happy about having a fourth-gen iPhone prototype get stolen, but there’s nothing like cold, hard cash to turn a frown upside-down — and the company certainly made plenty of it in the second quarter of 2010, posting a $3.07b profit on $13.5b in revenue. That’s the Apple’s best non-holiday quarter ever — profits were up 90 percent while revenue was up 49 percent — and yet another record quarter for Steve and the gang. Mac sales were up 33 percent from a year ago with 2.94m units sold, iPhone sales were up 131 percent with 8.75m units sold, and iPod sales were down one point with 10.89m units sold. We’re just about to jump on the analyst conference call, we’ll let you know if we hear anything good — we wonder what people might be asking about?

Update: Oh, why not — let’s liveblog this thing. Follow along after the break at 5PM ET.

Continue reading Apple has another record quarter, posts $3.07b profit

Apple has another record quarter, posts $3.07b profit originally appeared on Engadget on Tue, 20 Apr 2010 16:48:00 EST. Please see our terms for use of feeds.

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