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Microsoft posts first quarterly loss in company history

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Despite beating Wall Street expectations for the second calendar quarter of 2012, Microsoft on Thursday reported its first-ever quarterly loss since the software giant went public in 1986.



Written by AppleInsider

July 19th, 2012 at 11:19 pm

Nokia’s earnings plunge 73%, Nintendo sees first annual loss

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On the heels of Apple’s announcement of the biggest quarter in company history, two of the iPhone maker’s rivals — Nokia and Nintendo — have reported significant losses.



Written by AppleInsider

January 26th, 2012 at 7:47 pm

Nokia Announces 1.5 Billion S40 Phones Sold

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Screen shot 2012-01-25 at 4.07.17 PM

Does the term S40 mean anything to you?

It’s a mobile operating system built by Nokia for its feature phones back in 1999, and first appeared on the 7110. Well, apparently a lady over in São Paulo, Brazil has today purchased the 1.5 billionth phone running the operating system in the form of the Nokia Asha 303. Nokia is calling it “one of the most significant milestones” in company history.

According to Nokia’s estimations, approximately 675 million people in the world are using phones running S40. As far as sales go, a dozen S40 phones are sold each second.

But that’s enough about the past. Nokia’s focus is now on its partnership with Microsoft, and according to Bloomberg, the Finnish company likely sold around 1 million units from its Lumia line since its debut. After losing $19 billion in market value over the course of 2011, the Lumia line is Nokia’s greatest chance of rebuilding itself and reassuring investors.

Luckily, a number of different research firms seem to agree that the Windows Phone OS will surpass iOS in the next three years.

[via BBC]



Written by Jordan Crook

January 25th, 2012 at 9:03 pm

Apple’s best November ever saw supply chain sales spike 17% in one month

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Apple remains on track to report its best quarter in company history, with new data from the company’s supply chain showing sales up 17 percent month over month in November.



Written by AppleInsider

December 6th, 2011 at 2:36 pm

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Acer suffers first-ever quarterly loss, predicts iPad ‘fever’ will recede

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Acer reported the first quarterly loss in company history on Wednesday, but the netbook maker’s chairman attempted to convince investors that consumer “fever” for tablets like the iPad will not last.



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Written by AppleInsider

August 24th, 2011 at 12:10 pm