[ad_1] The success of New Horizons helped paper over an otherwise dry release schedule. Beyond Xenoblade Chronicles Definitive Edition and some Pokémon Sword and Shield DLC, there was little first-party content for Switch owners to pick up. Thank goodness there was a wealth of third-party releases to plug the gap, such as Trials of Mana, […]
Category: earnings
PS4 game sales almost doubled during the pandemic
[ad_1] Unsurprisingly, people have spent a lot of money on video games during the coronavirus pandemic. In its latest financial earnings, Sony reported that 91 million PS4 games were sold during the three-month period leading up to June 30th, 2020. That’s an 83 percent increase on the 49.8 million sales it reported for the same […]
Alphabet saw its revenue dip due to the pandemic
[ad_1] Though advertising money pretty much disappeared everywhere, Google still made money from its Cloud products. “Customers are choosing Google Cloud to either lower their costs by improving operating efficiency, or to drive innovation through digital transformation,” Pichai said. The shift to working from home also led to a growth in use of Google’s cloud […]
Amazon doubled its profits last quarter thanks to COVID-related demand
[ad_1] Last quarter, Amazon saw a big uptick in sales as well, but overall profits were slightly dampened due to the $4 billion in COVID-related expenses. The fact that net income for Q2 was so high despite the increase in expenses shows just how much consumers used Amazon in the past few months. During the […]
Qualcomm results suggests the 5G iPhone will be slightly delayed
[ad_1] Carolina Milanesi, Principal Analyst, Creative Strategies said to Engadget that “I would imagine this could be as simple as the iPhone not making the last week of Q3 as it has done over the past few years. Such a delay would be in line with rumors coming from the supply chain but would not […]
Samsung looks forward to quantum dot TVs, new game systems and phones
[ad_1] The rest of the year is also looking surprisingly positive from Samsung’s perspective, as the launch of new game consoles will push sales of RAM chips for their GPUs. It’s also preparing to launch several mobile devices of its own during the Unpacked event next week, including a new Galaxy Note, Galaxy Fold and […]
Tesla’s Q2 earnings could qualify the company for an S&P 500 listing
[ad_1] Tesla had to make some pretty severe cuts to preserve its earnings in Q2, given the widespread effects of the COVID-19 pandemic. While Tesla’s North American factories were shuttered, the company furloughed thousands of workers and cut salaries by up to 30 percent, suspended contract assignments and even delayed performance reviews so that it […]
Netflix plans to have even more originals in 2021
[ad_1] Netflix Q2 2020 results The most surprising announcement in its Q2 earnings report (PDF) is the news of a new leadership structure — chief content officer Ted Sarandos will join Reed Hastings as co-CEO, and take a seat on the company’s board. When it comes to content, Netflix claimed strong performance with dramas like […]
Zoom usage peaked at 300 million daily participants in April
[ad_1] As the response to the coronavirus pandemic pushed people out of offices and back into their homes, videoconferencing has taken center stage and one of the biggest beneficiaries of the switch is Zoom. Today the company reported its earnings for the first quarter of 2020 and revealed that compared to the same period last […]
PlayStation 4 sales pass 110 million
[ad_1] Sony’s massively-popular PlayStation 4 has smashed another sales milestone. In its latest financial earnings, the company revealed that 1.5 million consoles — a figure that covers all configurations, including the PlayStation 4 Pro — in the three-month period that ended on March 31st, 2020. That brings lifetime sales to 110.4 million, a figure that’s […]