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The latest consumer electronics news, market research and information on earnings, profitability, mergers & acquisitions and company financials within the industry.

  • Pioneer Posts Lower Sales In Fiscal Q3

    By Steve Smith, February 9, 2010
    Tokyo - Pioneer reported lower net sales in its fiscal third quarter ended Dec. 31, 2009, and posted an operating profit and an improved net loss for the period.  More
  • Conn's Q4 Sales Sink 30%

    By Alan Wolf, February 9, 2010
    Beaumont, Texas - Conn's said price deflation and weak demand drove net sales down 30.3 percent to $171 million for its fiscal fourth quarter, ended Jan. 31.  More
  • Harman Returns To Black In Q2, First Half

    By Joseph Palenchar, February 8, 2010
    Stamford, Conn. - Harman International posted a net profit in its fiscal second quarter and first half following four consecutive quarterly losses.  More
  • Wireless Companies Post Improved Performances

    By Joseph Palenchar, February 8, 2010
    NEW YORK — Several leading wireless companies reported increases in revenues, profits or net subscribers for their most recent quarters. Motorola, Nokia, AT&T, Verizon and SonyEricsson all reported improvements in their fiscal performances compared with the same quarter in the previous year.  More
  • Amazon Posts Double-Digit Gains In Q4

    By Steve Smith, February 8, 2010
    SEATTLE — Amazon.com reported double-digit net sales and net profit gains for its fourth quarter, ended Dec. 31, 2009. Net sales increased 42 percent to $9.52 billion in the fourth quarter, compared with $6.7 billion in fourth quarter 2008. Excluding the $354 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 3...  More
  • Apple's Sales, Profits Up By Double Digits

    By Joseph Palenchar, February 8, 2010
    CUPERTINO, CALIF. — Christmas was very good to Apple, which reported a year-over-year 32 percent gain in net sales in its fiscal first quarter to $15.7 billion, and a 49.8 percent gain in net income to $3.38 billion. The quarter, ended Dec. 26, also saw gross margins rise to 40.9 percent from the year-ago 37.  More
  • Microsoft Gets Windows 7 Boost

    By Steve Smith, February 8, 2010
    Redmond, Wash. — Microsoft reported major gains in revenue and net income in its fiscal second quarter, due in large part to sales of its Windows 7 operating system. In its fiscal second quarter, ended Dec. 31, Microsoft's revenue was $19.02 billion, up 14 percent for the same time last year. Net income was $6.  More
  • Whirlpool's Q4 Profits More Than Double

    By Alan Wolf, February 2, 2010
    Benton Harbor, Mich. - Cost reductions, productivity initiatives and a 13 percent spike in sales to $4.9 billion pushed Whirlpool's fourth-quarter profits up 111 percent to $95 million.  More

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ADL award winners Jerry Satoren

Vitelli, Satoren, Juszkiewicz Honored By ADL

The National Consumer Technology Industry's annual dinner and fundraiser for the Anti-Defamation League (ADL) honored drew more than 500 industry leaders, here, on Saturday, Nov. 14.
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