financials

Well, Selling The Most iPhones Ever Made Apple A Lot Of Money

Well, Selling The Most iPhones Ever Made Apple A Lot Of Money

Apple sold 8.75 million iPhones in the last quarter. That’s over double what they did a year ago. Which is how Apple nearly doubled their profits: Up 90 per cent for their best ever non-Christmas quarter. Updating live.

TomTom Shares Dip Following Nokia’s Free Ovi Maps Giveaway

It was sadly predictable, especially after the exact same thing happened last October when Google released their free turn-by-turn navigation. Cheer up though TomTom and Navigon – at least you’ve got iPhone apps, right? Oh. [Yahoo Finance via TechRadar]

Microsoft Profit Down 18%, Which Is Better Than Anybody Expected

Microsoft’s earnings don’t look rosy: Revenue’s down 14 per cent from last year, at $US12.92 billion, and net income’s down 18 per cent, to $US3.57 billion. But, that’s way better than anybody was estimating, which sent their stock up. Until CNBC screwed up the numbers, and immediately tanked the stock,…