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This week on AI: Apple's no-good terrible quarter, a death in Cupertino, 'Apple Watch 2' rumors & more

In many ways the last week of April was a negative one for Apple, with disappointing financial results, a death on campus, and word of more labor abuses at a key supplier. Rumors did emerge, however, about plans for the "iPhone 7" and a second-generation Apple Watch.

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Everything You Need to Know About Facebook’s Q1 2016 Earnings Call

Facebook reported its first-quarter-2016 financial results Wednesday and announced a proposal to create a new class of stock in the company.

Burger King Sales Rise, Thanks in Part to Hot Dogs

No word on changes to the Whopper Restaurant Brands International (the parent company of Tim Hortons and Burger King) today reported financial results for the first quarter of 2016. The fast-food chain's sales rose 4.6 percent globally...Show More Summary

Apple needs to sharpen its focus

Apple Inc.’s disappointing quarter has many people wondering whether the world’s most valuable company has lost its mojo. I am one of them. But my concern for the tech giant’s future is less about its financial results and more about Apple’s ability to maintain the brand promise that was responsible for the last 13 years of strong earnings.

Amazon Earnings: What to Watch

Amazon is expected to report financial results for the first quarter after the close of trading Thursday. Here is what to expect.

The Pokemon re-releases were downloaded 1.5 million times

We touched on Nintendo's financial results for the fiscal year ended March 2016, noting that profits fell 60.6 percent in part because of a "lack of major titles," but there was another breakout tidbit that caught my eye: the Pokémon Red, Blue, Green, and Yellow sales on 3DS. Show More Summary

LG made $440 million in Q1 2016, but continues to struggle with mobile

LG has published the company financial report for Q1 2016 and while things aren't looking too good for its mobile division, LG managed to win big in both home appliance and entertainment. This resulted in LG posting an operating income of $440 million. Show More Summary

NY Times:Fantasy Math Is Helping Companies Spin Losses Into Profits

New York Times: Fantasy Math Is Helping Companies Spin Losses Into Profits, by Gretchen Morgenson: Companies, if granted the leeway, will surely present their financial results in the best possible light. And of course they will try to persuade investors that the calculations they prefer, in which certain costs are...

Sony returns to black

Sony posts a net profit, the first positive result in three years, compared to a loss of 126 billion yen the year before. ||| Tokyo - Sony posted a net profit of 147.8 billion yen (1.36 billion dollars) for the financial year ended March...Show More Summary

Sony financials: 17.7 million PS4s shipped in fiscal year 2015

Sony’s Games & Network division was very profitable in the last fiscal year, thanks to impressive PS4 sales. Sony financials: 17.7 million PS4s shipped in fiscal year 2015 Sony has just revealed results for the full fiscal year 2016, which ended March 31. The company shipped 17.7 million PlayStation 4 consoles across the full year, […]

Apple, Twitter say they are ready to spend big on M&A

SILICON VALLEY—The tech slowdown may provide a silver lining for Twitter and Apple, top executives at the Bay Area tech companies said after posting disappointing financial results on Tuesday. Apple CEO Tim Cook and Twitter Chief Financial...Show More Summary

Wall Street Pounces on Apple

Apple on Tuesday announced financial results for its fiscal 2016 second quarter. And Wall Street … The post Wall Street Pounces on Apple appeared first on Mobile Marketing Watch.

What To Expect From Amazon's Q1 2016 Earnings

Amazon is scheduled to report its financial results for the first quarter on Thursday, April 28th. The year 2015 was a blockbuster for Amazon, with the online retailer surpassing the $100 billion sales figure for the first time in its history driven by 25% year-over-year retail sales growth in North [...]

DONG Energy Reports “Highly Satisfactory” First Quarter Results

Danish wind energy giant DONG Energy has reported a “Highly satisfactory start to the year” in its first quarter earnings report. In its Interim financial report for Q1 2016, DONG Energy revealed EBITDA (Earnings before interest, taxes,...Show More Summary

Nintendo's next console will launch globally in March 2017

5 days agoTechnology / Gadgets : Gizmag

After months of speculation, Nintendo has confirmed that its mysterious console, codenamed NX, won't see the light of day in 2016 after all. The news was delivered alongside the company's latest financial results, while a little more...Show More Summary

Nintendo's profits drop 61 percent, but digital sales are on the up

According to today's financial report, Nintendo profits have dropped 61 percent. The company had hoped to hit a profit of ¥17 billion, but Nintendo’s latest financial results show a net profit for the close of fiscal year of ¥16.5 billion...Show More Summary

Nintendo's NX console launches March 2017 globally

Nintendo's NX console will receive its global launch in March 2017, the company has just confirmed - missing the Christmas release window many had expected. The news comes as part of Nintendo's financial results briefing in Japan this morning. Zelda for Wii U, previously slated for this year, will now arrive in 2017 as well - presumably at the same time as NX. Read more…

Nintendo confirms its NX console is coming in March 2017

Nintendo’s annual financial results, published today, reveal that its next console will be released globally next March. The company has remained silent on details about its upcoming platform, codenamed NX, for some time now. All it has said is that it won’t run on Android, as some speculated. Show More Summary

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