Nokia and Apple have both revealed their final quarterly earnings for 2012, and while both companies have done well, the markets seem to have a different views with regards to their performance.
Embattled smartphone maker Research in Motion (RIM) can't catch a break at the moment. Over the last 12 months the Canadian handset maker has lost 70% of its share price. It's going to get a lot worse before it gets better as the company has confirmed it will delay the launch of its new mobile operating system Blackberry 10 and cut 5,000 jobs worldwide.
Nintendo announced today that they have sold 700,000 3DS's this quarter and blamed the slow sales on a number of factors.
The champagne will be in full flow today at Sony HQ as they revealed its sales figures for the last 12 months and for the first time they have outsold
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.
