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Apple’s reign will soon come to an end, EA founder says

By: |Aug 3rd, 2011 at 01:30PM
Filed Under: Business
136

It seems like Apple can do no wrong these days, but according to Electronic Arts founder Trip Hawkins, Apple is headed toward a decline. It goes without saying that Apple will not be able to maintain its dominance forever — every company that rises will eventually fall — but Hawkins sees Apple’s decline as beginning relatively soon. “The thing is, it may take another year or two before it starts to decline, but it has to – everything does,” Hawkins told IndustryGamers in an interview. ...

Sony Ericsson posts Q2 loss, blames Japan earthquakes

By: |Jul 15th, 2011 at 07:40AM
Filed Under: Earnings
7

Sony Ericsson on Friday posted a net loss of €50 million in the second quarter of 2011, blaming supply constraints resulting from devastating earthquakes that shook Japan earlier this year for the difficult quarter. The steep loss was not expected by the Street, and it is down from a profit of €12 million in the second quarter of 2010 and €11 million last quarter. Sony Ericsson’s shipments fell 31% from the same quarter last year to just 7.6 million units, while analysts expected shipments ranging...

Samsung component sales to suffer in second half, exec says

By: |Jul 4th, 2011 at 03:35PM
Filed Under: Business, Mobile
12

Last week, Samsung announced that it will combine its LCD and semiconductor businesses. The move is expected to conceal poor LCD sales, but the head of the new combined business, Kwon Oh-hyun, has said that he expects the overall performance to falter during the second half of the year. “In the past, the semiconductor market tended to be weaker in the first half and stronger in the second half, but for this year, it is likely to remain flat throughout the latter half,” Kwon said according to The W...

RIM chiefs no longer billionaires thanks to plummeting RIM stock

By: |Jun 23rd, 2011 at 06:01PM
Filed Under: Business
68

Shares of RIM stock have taken a beating since the company announced devastating first-quarter earnings last Thursday. The Waterloo, Ontario-based BlackBerry maker missed Wall Street’s first-quarter consensus, it lowered its full-year guidance, it announced workforce reductions, it confirmed product delays and investors went running for the door as did a top executive. Since the earnings release last week, RIM’s stock has fallen more than 25%. This is bad news for every RIM investor, but two in...

Video game console sales in May lowest since 2006

By: |Jun 14th, 2011 at 06:50PM
Filed Under: Gaming, Retail
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Sales of video game consoles in the U.S. hit a five-year low last month according to new data from research firm NPD Group. “May 2011 was the lowest month of sales for the industry since October 2006,” NPD analyst Anita Frazier said in a statement. “A light slate of new releases is at the heart of this month’s performance.” Combined sales of hardware, software and accessories totalled $743 million according to the firm, representing a 14% decline compared to May 2010. Software sales were down 21% fr...

Explosion at Foxconn’s iPad factory derails May revenue

By: |Jun 13th, 2011 at 05:36PM
Filed Under: Business
36

An explosion at Foxconn’s iPad manufacturing plant in Chengdu, China last month had a negative impact on the company’s business in May despite initial assurances to the contrary. Foxconn’s revenue last month dipped 2.14% sequentially to NT$200.56 billion, or approximately US$6.95 billion, following production halts tied to the fatal explosion that killed three workers and injured at least 15 more. The tragic accident, caused by the ignition of flammable aluminum dust in a parts polishing wor...

Acer still sees life in netbook market, new models coming this summer

By: |May 5th, 2011 at 04:39AM
Filed Under: Computers, Mobile, Tablets
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Acer believes there’s still consumer interest in netbooks despite the surging tablet market, and the firm recently said that it’s not giving up on the mini notebooks just yet. “Tablets have impacted overall netbook sales, but we’re not stepping away from the [netbook] segment,”Acer’s senior product marketing and brand manager, Eric Ackerson, told Forbes. “We think there’s still opportunity for sales, including in the U.S.” Acer’s not ignoring the tablet market — its ...

Motorola will stop building XOOM tablets after June, report claims [updated]

By: |Mar 22nd, 2011 at 05:35PM
Filed Under: Rumors, Tablets
115

According to an unconfirmed report, Motorola is set to curtail production of its XOOM tablet beginning in April and production will cease after June. Industry watcher DigiTimes cites anonymous sources from within component suppliers in claiming that XOOM production in the first quarter of 2011 met forecasts of between 700,000 and 800,000 units. Motorola’s manufacturing partners are expected to ship between 400,000 and 500,000 units in March, and then April production will drop to 300,000 tablets. May...

NPD: Video game sales slide 5% in January, hardware down 8%

By: |Feb 18th, 2011 at 09:24PM
Filed Under: Gaming
17

Industry watcher NPD Group says sales of video game software in the U.S. declined by 5% year-over-year in January 2011, totaling $576 million. Console sales were down 8% to $324 million. On the back of continued strong sales of the Microsoft Kinect and PlayStation Move motion-based controllers, sales of video games accessories increased 6% year-over-year to $235 million. The only console to see growth in January was Microsoft’s Xbox 360, which sold 381,000 units — a 14.1% increase year-over-year. NPD ...

US video game sales continued to decline in August

By: |Sep 11th, 2009 at 04:00PM
Filed Under: Gaming, Nintendo DS, Nintendo DSi, Nintendo Wii, Playstation 3, Xbox 360
28

2009 has not been a good year for video games here in the US. While console sales were up significantly compared to July, August marked the sixth consecutive month in which industry sales have declined year-over-year. According to numbers recently released by NPD Group, overall gaming sales were down 16 percent YoY despite positive sequential growth for each major console other than the Sony PlayStation 2. Accessory sales were up 2 percent but game sales were down 15 percent and console sales dropped a massiv...

Microsoft reports first YoY revenue slide in company history

By: |Apr 24th, 2009 at 03:09PM
Filed Under: Microsoft, News
15

This past Wednesday Apple reported a very solid quarter due to growing iPhone and iPod sales that provided enough revenue to diminish its waning personal computer sales. Unfortunately it looks like Microsoft had no such cushion. For the first time in the company’s storied 23-year history, Microsoft reported a year over year slide as Q3 FY09 revenue declined 6 percent to $13.65 billion. Net income slid as well, down a disheartening 32 percent YoY to $2.98 billion. While enterprise revenue remained stable...