Microsoft is said to have bought Skype for $8.5billion and it may not go down as the smartest business moves in history. In fact it may go down as one of the worst. Analysts have been left shocked by the news, claiming that Microsoft have made a vast overpayment. Slipping into the record books, the [...]

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Taiwanese Smarphone maker HTC are on a flyer at the moment after it announced that they had tripled its earnings in the last quarter, thanks mainly to the boom in sales of its incredibly popular Android smartphones. According to a report on Bloomberg, the Taiwanese company earned £332 million in the quarter ending March 31st [...]

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Sony Ericsson has been doing very well with profits in this past quarter, very much thanks to their Android devices with sales reaching €1.6 billion (£1.4 billion), with a net income of €48 million (£42 million). Sony Ericsson’s CEO Bert Nordberg believes that the company has 19% of the Android segment venue (although they are [...]

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Is there a recession? By looking at Apple’s earnings for the last 3 months you wouldn’t think so. The Company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion. That’s a lot of money! These results compare to revenue of $7.9 billion and net quarterly profit of $1.14 billion for the same period last year. A quick bit of maths shows that Apple’s earnings have gone up by nearly $2 billion. And this isn’t just in the USA. International sales accounted for 46 percent of the quarter’s revenue.

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