Microsoft has revealed that Windows 8 will be released on October 26th. The declaration was made at the firm’s annual sales meeting. It has described the update as the most important redesign of its interface in more than a decade. The announcement was Microsoft releases its fourth quarter earnings report. Analysts say it may post […]
Shares of Rovi Corp fell 35 per cent after the digital media solutions provider forecast a bleak year ahead and two brokerages downgraded its stock. The company estimated its second-quarter results well below what analysts were expecting and drastically cut its full-year forecast on an anticipated weakening of sales in its consumer electronics division. A […]
Netflix shares jumped 20.6 per cent this past week after a July 3rd Facebook post by company founder and CEO Reed Hastings congratulating chief content officer Ted Sarandos and his team with helping Netflix exceed 1 billion hours for the first time ever in June. The stock had closed at $67.85 on July 2nd and […]
Telefónica Digital has said it expects to drive annual revenues of approximately €5 billion for its parent company Telefónica by 2015 with an annual revenue growth rate of 20 per cent. The Spanish company also announced global agreements with Facebook, Google, Microsoft and RIM to use Telefónica’s billing relationships so customers can pay for mobile […]
Mediaset’s pay-TV service Mediaset Premium will break-even later than planned, but remains a strategic activity for the Italian commercial broadcaster, according to vice president Pier Silvio Berlusconi. During the presentation of the autumn schedules in Milan, he pointed out that pay-TV represents a “declining market” during the economic crisis, although Mediaset Premium has lost much […]
Sony’s recently appointed CEO Kazuo Hirai told shareholders at Sony’s AGM in Tokyo that the electronics giant’s turnaround plan would work, helped by new products such as Sony’s new Xperia smartphone, gaming and digital imaging, plus a newly established medical division. Hirai explained that group sales would expand by about one third to more than […]
Dixons Retail, which owns Currys and PC World in the UK, has announced a fall in both annual sales and profits but said like for like sales have risen 3 per cent on the year. The group reported underlying pre-tax profits of £70.8 million in the financial year 2011-12, down from £85.3 million (€106m) in […]
According to the latest research from Strategy Analytics – Service Provider Quarterly Recap and Guidance: BSkyB (BSY): CYQ1’12 – BSkyB followed up on a strong CYQ4’11 by adding an impressive 212,000 broadband subscribers in the first quarter of 2012. At the same time, the company added only 15,000 new pay-TV subscribers. This marks a new […]
Kabel Deutschland Holding AG , Germany’s largest cable network operator, has released its consolidated financials for the fourth quarter and fiscal year 2011/2012 ended March 31st, 2012. For the fiscal year ended March 31, 2012: Revenues increased by 6.3 per cent to €1/699.7 billion compared to €1.598.9 billion in the previous fiscal year, within revenue […]
Amino Technologies said it expects to report a small profit for its fiscal first half to May 31st, reversing a loss of £0.4 million (€0.5m) from 12 months previous. In a trading update, the set-top box maker said results were in line with its expectations, with a good operational performance and continued margin improvement. The […]