Two Quarters Two Profit Warnings. and the iPhone still has miles to go. Intel is still selling the chips. Blu ray is not going anywhere soon. PS3 is a saving grace
Following up disappointing earning results from both Research in Motion (RIMM) and PALM last week, Sony Ericsson Mobile Communications AB issued another profit warning Friday, saying second-quarter sales and profit would be hit by slowing demand and a delay in shipping new products.
The profit warning is the second in as many quarters as the mobile-phone maker continues to be hit hard by a weakening economy in Western Europe, hurting demand for the mid- to high-end handsets it specializes in. In contrast, rival Nokia Corp. has a much broader portfolio of devices in the low and midtie...
Sony Corporation, together with its subsidiaries, engages in the development, design, manufacture, and sale of electronic equipment, instruments, and devices for consumer and industrial markets in Japan, the United States, Europe, and internationally. The company’s products include audio and video equipment, liquid crystal display televisions, personal computers, monitors, semiconductors, components, mobile phones, CDs, DVDs, and Blu-ray Disc. It develops, produces, manufactures, markets, and distributes home-use game consoles and software, such as PlayStation2, PlayStation Portable, and PL...
Sony's stock has been a dog, mostly because the company has been in a funk for years. They blew their portable music player franchise and it seemed as though they were about to do the same in video games. However I recently read and article in GameDaily which reports that iSuppli is predicting that Nintendo Wii owners will seek PS3 as a second console in 2008 and that this will be a turnaround year for Sony in video game consoles. This makes sense. My kids have a Wii which they love and now that Blu-Ray has won the HD DVD war, a lot of adults will buy PS3s by Xmas as a two-in-one purch...
GameStop (NYSE: GME) didn't have a great third quarter. Total sales increased by slightly higher than 5%. On a GAAP basis, earnings dropped three pennies to $0.28 per share. If you exclude items such as debt extinguishment and foreign currency effects, then adjusted earnings per share on a diluted basis increased 19% to $0.38.
The bottom line may have increased by double digits by GameStop's calculation, but there are a couple reasons not to be too impressed by the performance.
GameStop (NYSE: GME) didn't have a great third quarter. Total sales increased by slightly higher than 5%. On a GAAP basis, earnings dropped three pennies to $0.28 per share. If you exclude items such as debt extinguishment and foreign currency effects, then adjusted earnings per share on a diluted basis increased 19% to $0.38.
The bottom line may have increased by double digits by GameStop's calculation, but there are a couple reasons not to be too impressed by the performance.
Americans blow $1.1 billion dollars a year in wasted electricity -- up to $125 per household -- just by not turning off their PS3s and Xboxs when they're done playing. That's what the environmental do-gooders at the National Resources Defense Council (SAI's upstairs neighbors) discover in their new report on green gaming.
The NRDC ran a series of tests on the power consumption of the leading game consoles and reached a few surprising conclusions:
Nintendo's (NTDOY) Wii consumes less than one-tenth the power of Microsoft's (MSFT) first-gen Xbox 360 or Sony's (SNE) first PS3. Both the Xbox and
Spansion(SPSN) this afternoon said it its filing patent infringement actions against Samsung both with the U.S. International Trade Commission and in the U.S. District Court in Delaware.
Spansion is seeking the exclusion from the U.S. market of over 100 million MP3 players, cell phones, digital cameras and other electronic devices that contain Samsung flash memory products which allegedly infringe Spansion patents.
The federal court action sees an injunction against further violations and treble damanges for products that Spansion estimates accounted for $30 billion in Samsung revenue since
Watching Web video on your TV is still more of a hassle than it's worth. But companies keep tinkering with new solutions to help out.
The latest: Seattle-based Web video technology firm GridNetworks has put together Gridcast TV, a service that links Web video to TVs via Microsoft (MSFT) Xbox 360s -- or eventually other devices that support the "UPnP" technology, like Sony's (SNE) PS3 and Internet-connected TVs.
How does it work? Not as simple as we'd like, but better than nothing:
GridNetworks Web video customers -- content providers like Revision3 -- can put a "Watch On TV" button on their si
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