Thu, 26 Jan 2012 10:30:14 +0100 (Reuters) - Nintendo Co Ltd posted a sharp drop in quarterly profit and forecast a bigger-than-expected full-year loss, its first at an operating level, as it battles a strong yen and its games devices lose ground to gadgets such as Apple's iPhone. The creator of the Super Mario franchise dominated the video games industry for years with its DS handheld players and Wii home consoles, but is now struggling to keep up as more versatile smartphone and tablet sales boom. ... (Source: Reuters)
Thu, 19 Jan 2012 22:50:12 +0100 SAN FRANCISCO (Reuters) - Intel Corp forecast quarterly revenue in line with Wall Street's expectations as a shortage of hard drives disrupts PC production in a market already hobbled by a shaky economy and a growing preference for tablets. Intel said revenue in the current quarter would be $12.8 billion, plus or minus $500 million. Analysts on average had expected current-quarter revenue of $12.770 billion, according to Thomson Reuters I/B/E/S. The world's leading chipmaker said revenue in the fourth quarter was $13.9 billion, up 21 percent and slightly higher than the $13. ... (Source: Reuters)
HTC quarterly net lags forecast amid tough competition
Fri, 06 Jan 2012 16:40:11 +0100 TAIPEI (Reuters) - Taiwanese smartphone maker HTC Corp recorded a worse-than-expected yearly profit decline in the fourth quarter, and the first decline in two years, as its models scrambled to compete with Apple Inc's iPhone and Samsung's Galaxy range. The erstwhile investor darling shocked markets in November by slashing its fourth-quarter revenue guidance, sending its shares down 28 percent in two weeks and 15 percent to date. Investor concerns linger over whether HTC still has the innovative streak that catapulted it from an obscure contract maker to a top brand. ... (Source: Reuters)
Thu, 05 Jan 2012 17:50:15 +0100 (Reuters) - Barnes & Noble Inc cut its Nook sales forecast for this year and shocked investors by saying it was considering a sale of the electronic reader and tablet business, sending its shares down more than 20 percent. The bookseller has been banking on the Nook for growth, so news that holiday sales of the basic touchscreen e-reader were disappointing raised investors' fears that Barnes & Noble was struggling to keep up with Amazon.com Inc's Kindle. The largest U.S. bookstore chain has poured tens of millions of dollars into developing and promoting the Nook, hurting its results. ... (Source: Reuters)
BlackBerry Bruised Again: RIM Takes PlayBook Charge, Will Miss 2012 Forecast
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