Tag Archives: business

TSMC 2012 Q1 results: profits down again as 20-nanometer process proves expensive

Taiwan Semiconductor Manufacturing Co. has offered up its first quarter results for the year, revealing yet another middling quarter. While turnover was NT$105.51 billion ($3.6 billion) and net profit was NT$33.47 billion ($1.1 billion), that’s still 7.7 percent down on the NT$36.28 it made in the same quarter last year. On the upside, the chip foundry, which produces silicon for plenty of the world’s biggest electronics companies , managed to claw back some of those profit dips from Q4 of last year, suggesting milder climes may lie ahead.

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TSMC 2012 Q1 results: profits down again as 20-nanometer process proves expensive

Engadget HD Podcast 296 – 04.25.2012

It took an extra day, but we’ve got new Engadget HD podcast for you covering DVR news from such luminaries as whiteman Technologies, Dish Network and TiVo. Of course, they’re not the only ones busy over the last few days as Cablevision and Time Warner Cable added new wrinkle to their IPTV offerings and DirecTV brings the DVR to hotels. On the business end of things we’ve got quarterly numbers from Netflix, Verizon and AT&T, while DTS and SRS Labs are getting together to do… something.

http://www.engadget.com/podcasts/EngadgetHD_Podcast_296.mp3

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Engadget HD Podcast 296 – 04.25.2012

Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent

Huawei’s annual earnings report is out and it’s a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.4 billion RMB) equated for over half the company’s total income and it boasted of having sold 150 million consumer devices, including 20 million smartphones in the year. The company didn’t provide reasons for the drop in profit, emphasizing that it’s increased R&D spending by 34.2 percent to 23.7 billion RMB ($3.75 billion) and that in any event, it’s got around $30 billion of assets that can shoulder the brunt of a bad year . However, the company may not see a rosy 2012 either, after both America and Australia refused to give the company big infrastructure deals (Huawei’s bread and butter ) thanks to allegedly close relationships between the company and the Chinese government

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Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent

Facebook paying Microsoft $550 million for 650 patents, Ballmer clicks ‘like’

Microsoft has agreed to sell on around 650 patents to Facebook in a deal worth $550 million. The Ha

Vodafone looking to buy Cable & Wireless, just can’t resist that fibre-optic infrastructure

UK mobile giant Vodafone is planning to buy up commercial network provider Cable & Wireless for just over

Microsoft announces Q3 2012 earnings: $17.41 billion in revenue, $6.37 billion income

Microsoft has announced its earnings for the third quarter of its fiscal year this afternoon, and it’s reporting some record numbers that beat expectations: a six percent increase year-over-year to $17.41 billion in revenue and a 12 percent increase to $6.37 billion in operating income. Breaking things down by division, that includes $4.57 billion in revenue from Server & Tools, $5.81 billion from the Business Division (which includes Office), $4.62 billion from Windows and Windows Live, and $707 million from Online Services — all increases from between four to 14 percent. The one division seeing a big drop is Entertainment & Devices, which dipped a hefty 16 percent year-over-year to $1.62 billion in revenue — something Microsoft blames on a “soft gaming console market,” though it is happy to note that the Xbox 360 remains the top console in the US for the 15th consecutive month. Notably absent is any mention of Windows Phone, though perhaps we’ll hear more about it on the company’s earnings call in just under an hour. Update: Microsoft didn’t have a ton of new info to share on the Windows Phone front on its earnings call, noting only that it remains pleased with its Nokia partnership and the launch of the Lumia 900 on AT&T, and that it is “working to bring Windows Phone to more people.” Continue reading Microsoft announces Q3 2012 earnings: $17.41 billion in revenue, $6.37 billion income Microsoft announces Q3 2012 earnings: $17.41 billion in revenue, $6.37 billion income originally appeared on Engadget on Thu, 19 Apr 2012 16:21:00 EDT. Please see our terms for use of feeds .

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Microsoft announces Q3 2012 earnings: $17.41 billion in revenue, $6.37 billion income

Qualcomm breaks records with Q2 2012 earnings, thanks ‘strong demand’ for 3G- and 4G-enabled devices

It’s a good time to be in business. And by “business,” we mean, “in the wireless business.” Apple and Samsung seem to be selling every smartphone they make , and Qualcomm seems to be outfitting those very devices with quite a few components. After a record-setting Q1 , Qually has just revealed that its Q2 2012 earnings made for “another quarter of record revenues and earnings per share.” The driving force

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Qualcomm breaks records with Q2 2012 earnings, thanks ‘strong demand’ for 3G- and 4G-enabled devices

Band Pro seeking damages against ARRI and Michael Bravin, expects to get its data back

Should you ever get the itch to illegally peek at a former employer’s servers, take a lesson from Michael Bravin: don’t. The former ARRI executive’s adventures in cooperate espionage have landed him nothing but trouble . Although Bravin’s previous plea agreement required him to pay back Band Pro for damages and legal fees, the outfit is now seeking punitive damages against both ARRI and Bravin himself. “Band Pro is informed and believes, and thereupon alleges that Glenn Kennel and Bill Russel, executives of ARRI, had firsthand knowledge of Bravin’s hacking activities,” asserts the recently filed complaint. In addition to damages, Band Pro is seeking orders requiring ARRI to return all information acquired from the said hacking and the destruction of “all business plans and strategies developed in reliance” of that information

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Band Pro seeking damages against ARRI and Michael Bravin, expects to get its data back

Time Warner and Verizon begin selling bundled packages just to annoy regulators

Verizon’s special relationship with the cable houses deepened yesterday as it started to sell bundled mobile and land-line packages with Time Warner Cable , like it does with Comcast . Residents in various parts of Ohio, Kansas City and Raleigh, North Carolina can sign up and receive a $200 prepaid debit card as a reward for their custom. However, the partnership is raising regulatory concerns about Big Red’s business practices, with the Justice Department weighing up if they’re anti-competitive

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Time Warner and Verizon begin selling bundled packages just to annoy regulators

ViaSat Exede review

Broadband in the boonies has long been an unreasonable ask. As slack-jawed farmers are fond of telling lost tourists “Ya can’t get there from here,” broadband-starved country bumpkins have heard from cable companies, “We don’t offer service in that location.” Options have been few, like paying said cable company thousands to run some copper a few miles down the road, or making a second mortgage payment for a dedicated T3 line. Over the years satellite internet has been offered as an alternative for broadband in places where bears do their business, but as we’ve seen it’s never really worked. Bandwidth has been low, latency high and pricing on the tall side of average have made services like WildBlue and HughesNet untenable to all but the most dedicated wilderness lovers.

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ViaSat Exede review

Microsoft kicks off Kinect Accelerator program to take 11 Kinect-centric start-ups to the next level

Microsoft unwittingly created quite the hacking cottage industry when it first introduced Kinect. Though it took awhile for the company to come to grips with the amazing inventions enabled by its sensor bar, Redmond eventually released Kinect for Windows . Now, the Kinect Accelerator program is here to take Kinect development even further. Kinect Accelerator is a three-month long incubator of sorts for folks with Kinect-basted start-ups.

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Microsoft kicks off Kinect Accelerator program to take 11 Kinect-centric start-ups to the next level

OpCapita picks up GAME retail chain, plans to keep 333 stores open

The staff of UK video game retailer GAME’s remaining 333 stores can breathe a collective sigh of relief today: investment firm OpCapita is buying the chain. “We are pleased to have reached agreement with the Administrator,” declared managing partner Henry Jackson, “We strongly believe there is a place on the high street for a video gaming specialist and GAME is a leading brand in the