Tag : financial

Latest Posts

0 SHARES

AMD Releases Lacklustre Q1 Results

Nearing the end of the cycle for their current generation products, its not surprising to see poor financial results come out from AMD. Last year was a terrible one and it looks like 2016 won’t be…

0 SHARES

Intel Planning Extensive Staff Layoffs

In the search for either greater margins or reducing costs, companies have always turned to layoffs as a way to do so. Usually the domain of ailing firms, it’s rare for a healthy and growing company…

NVIDIA

0 SHARES

NVIDIA Reports Record Fourth Quarter Revenue Figures

Today, NVIDIA unveiled their latest financial results for the fourth quarter ending January 31st, 2016. The company’s revenue increased by 12% from $1.25 billion last year to $1.40 billion. Additionally, their revenue was also up 7%…

0 SHARES

Mad Catz In Trouble After Shares Plummet And CEO Resigns

Mad Catz is best known for creating various peripherals including keyboards, mice, headsets and more while adopting a very distinctive style. This gives their product range a unique aesthetic, and makes anything they produce instantly recognizable. Whether…

0 SHARES

Lenovo Reports First Loss in Six Years

Despite being one of the leading PC vendors, Lenovo is experiencing a tough financial period and recorded a $714 million net loss. This is the first loss the company has reported in 6 years and makes for…

0 SHARES

EA Grosses More Than Double From Extra Content Than Full Games

EA, Activision and Ubisoft have implemented a huge array of microtransactions into full priced game releases. Although the anger appears to be targeted towards EA due to the eye-watering price of various digital deluxe pre-order packages.…

0 SHARES

US concerned Over Russian Activity Near Undersea Data Cables

Tensions between nations over Cyber warfare have increased dramatically over the last 5 years, from the US accusing China and Russia of systematically hacking into highly sensitive government systems through industrial means, to groups affiliated with…

0 SHARES

Intel Posts Impressive Financial Q3 Results

Intel has reported a total revenue of $14.5 billion in Q3 of this year and gross margin reaching 63%. The revenue is up 10% compared the last quarter, and the gross margin increased by 0.5 point. Furthermore,…

0 SHARES

Apple Reigns Supreme at US Tax Avoidance

The legality and moral outrage surrounding tax avoidance has been a hotly-discussed topic throughout the world. Many leading corporations from Apple to IBM exploit loopholes in the tax system to reduce their bill and hold assets…

0 SHARES

AMD Loses Two Major Industry Figures

AMD’s woeful fiscal position and declining GPU market share has caused a great deal of speculation regarding the company’s future, with commentators suggesting a buy-out is imminent. AMD recently reversed the discrete graphics card market trend…

0 SHARES

Toshiba Reports $318m Net Loss

Toshiba’s fiscal performance from the year start to March has finally been revealed and recorded a net loss of $318 million. The delayed result was caused by the sale of its investment in Finnish firm, Kone…

0 SHARES

Uber Reportedly Operating At Huge Losses

San Francisco-based transportation Network Company Uber has been a revelation in terms of market adoption and consumer exposure. But, the key is successful financial management which benefits the long-term viability of a company; this has been…

0 SHARES

AMD Records Loss of $181 million in Q2 2015

  AMD has published their financial report for the second quarter of 2015 and recorded a loss of $181 million or $0.23 per share. In comparison, AMD’s financial standing at the same point last year yielded a…

0 SHARES

Ubisoft Financial Reports Shows What Platform Takes Centre Stage When It Comes to Gaming

This year’s Q1 financial report coming from Ubisoft reveals what platform gamers are more interested in. If you thought that the battle was between Sony’s PS4 and Microsoft’s Xbox One, you are bound to be amazed.…

0 SHARES

Titanfall Sequel in the Works, Won’t be Microsoft Exclusive

Respawn Entertainment has just announced that there’s a sequel coming for Titanfall. IGN also reports that the title is dropping Microsoft exclusivity, having it come to PlayStation 4 as well this time. Studio CEO, Vince Zampella,…

0 SHARES

Apple is Now Twice the Size of the World’s Second Largest Company

Apple’s market cap has just risen to $775 billion – a new record making it twice the size of the world’s second largest company, Exxon Mobil. For the last few years, it’s always been neck and neck…

0 SHARES

HP Finish off their Fiscal Year with Interesting Q4 Results

Hewlett-Packard have just their fourth quarter earnings this past Tuesday, posting some interesting results to round out their 2014 fiscal year. Here’s a quick summary of the report: Net income of $2 billion, rated at 70…

0 SHARES

Warface Title Launched Amids Crytek Financial ‘Crysis’

Though Crytek is facing financial problems in the UK headquarters, having paid employees only £700 last month and staff leaving due to this, the company was able to at least release its long-awaited free-to-play title, Warface,…

0 SHARES

No Crysis At Crytek: Developer Denies Imminent Bankruptcy Rumours

A few days ago we covered the news that emerged from the German magazine Gamestar that Crytek was in financial trouble and could be facing bankruptcy. A Crytek spokesperson has issued a public statement to Eurogamer denying those…

0 SHARES

Crytek May Go Bankrupt, Ryse Flopped, CryEngine Adoption Low

Crytek are one of the best development studios around, with brands such as Crysis to their name, they’ve long been a corner stone of high-end PC gaming. Unfortunately it looks like the studio is falling on…

0 SHARES

UK Tech Sector is Booming. Reported to be Growing Faster than Silicon Valley

Said to contribute £12bn to the English economy over the next decade, London alone is becoming a massive player in the worldwide technology industry at a massive growth rate of 5.1 percent per annum as quoted by London…

0 SHARES

Facebook Rumoured To Be Interested In Acquiring BlackBerry

The Wall Street Journal reports that Facebook is the latest company to be involved in the chase to acquire BlackBerry. As we know BlackBerry have financially struggled in the past few years as sales of their…

0 SHARES

AMD Comes Back To Profitability For Q3 Of 2013

Just 3 months ago AMD reported their Q2 results to the world and it was a disappointing announcement from AMD showing $74 million in losses. After that result AMD announced the sale and proposed leaseback of its…

0 SHARES

Intel’s Q3 Results Are Higher Than Expected – Doing Well In A Weak Market

Intel recently published its third quarter financial results for 2013 and the results are better than many expected. Intel reported that total revenue is up 5% over the previous quarter but is “flat” year-on year. Intel…

0 SHARES

BlackBerry Tries To Reassure Customers With Open Letter

In an attempt to reassure worried customers and investors, Blackberry has issued an open letter addressing customers, partners and fans. The open letter is trying to deliver the message that “You can continue to count on BlackBerry”…

0 SHARES

ASUSTeK Revenues Reach 13 Month High – Driven By Tablet Sales

In the world of technology ASUS have always had a massive presence – particularly in the enthusiast sector where we conduct most of our work – ASUS make some of the best motherboards, graphics cards, audio…

0 SHARES

NSA “Follow The Money” Program Spies On International Bank Activity

In another shaking report from German publication Der Spiegel we now have reason to believe that the American NSA actually spies on all international transactions processed by companies like VISA. The revelation is hardly surprising but…