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29 Jan 2010 11:37

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Biz, Tech: Windows 7 win: Microsoft all high-fives after record quarter

  • $6.7B size of Microsoft’s profits in their second quarter – that’s way above analyst estimates
  • 60% increase in profits between the first quarter and second, despite some lagging divisions
  • 60M number of units Microsoft sold of its Windows 7 OS – it’s a massive freaking hit source
Posted by Ernie Smith • 0 Comments • Permalink

28 Jan 2010 10:05

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Biz: Ford didn’t take the bailout road, made a 2009 profit anyway

  • $2.7
    billion     size of Ford’s 2009 net profit, their first profitable year since 2005
  • $30
    billion     amount Ford lost between 2006 and 2008; holy freakin’ hell source
Posted by Ernie Smith • 0 Comments • Permalink

25 Jan 2010 21:51

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Biz: Pregaming: Apple’s got some good news to ride into Wednesday

  • 50% increase in 1st-quarter sales for tablet-bound Apple source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jan 2010 10:24

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Biz: It’s Jeff Zucker’s fault: GE’s profits dipped significantly last quarter

  • 19% freefall when “The Jay Leno Show” was on the air source
Posted by Ernie Smith • 0 Comments • Permalink

21 Jan 2010 09:34

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Biz: Somebody’s just had a record year: Goldman Sachs shows off

  • $13.4
    billion     in profits through all of 2009, which is pretty much a record year for them; freaking showoffs
  • $16.2
    billion     in bonuses given last year, which sounds high but is the lowest they’ve given since 1999 source
Posted by Ernie Smith • 0 Comments • Permalink

12 Jan 2010 10:41

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Biz: Reward for risk: The Federal Reserve made a huge profit in 2009

  • $46.1 billion the size of the Federal Reserve’s profits in 2009
  • $14.4 billion the increase in the Fed’s profits from 2008 source
  • Why the increase? Simple. The Fed lowered its standards and became the buyer of last resort, buying assets nobody else wanted, and getting profits from those assets. In case you’re wondering, by the way, they dump these profits back to the Treasury.
Posted by Ernie Smith • 0 Comments • Permalink

12 Nov 2009 21:49

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Biz: Disney had some pretty awesome profits (up 18%!) last quarter

  • $895 million in profits, thanks largely to ESPN source
Posted by Ernie Smith • 0 Comments • Permalink
 

02 Nov 2009 09:27

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Biz: A year and some clunker sales make Ford huge profits

  • $997 million the size of Ford’s profits in the third quarter, largely helped by Cash for Clunker sales source
Posted by Ernie Smith • 0 Comments • Permalink

01 Nov 2009 10:43

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Biz, Tech: Nintendo needs to do a lot to save its hide quickly

  • We sensed that the market mood was cooling off in the spring. But frankly, we hadn’t expected to get as bad as it did by summer.
  • Nintendo President Satoru Iwata • Describing the quick decline in sales of the Nintendo Wii this year. Despite the company’s cut in price on the Wii, it kind of made things worse this quarter: Profits dipped 52%, while sales slid 28%. Nintendo’s working hard to make some changes to help improve profits – new Mario and Zelda games are coming soon, and the company could make changes to the platform to enable (on the Wii’s end) Blu-Ray discs and (on the DS’ end) 3G and social networking. Oh, how the mighty have fallen. • source
Posted by Ernie Smith • 2 Comments • Permalink

29 Oct 2009 10:30

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Biz, Tech: Nintendo can’t count on the Wii to save them anymore

  • 52% drop in quarterly profit – Sony & MS are on top again source
Posted by Ernie Smith • 0 Comments • Permalink
 
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