The latest consumer electronics news, market research and information on earnings, profitability, mergers & acquisitions and company financials within the industry.
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Pioneer Posts Lower Sales In Fiscal Q3
By Steve Smith, February 9, 2010Tokyo - 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, 2010Beaumont, 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, 2010Stamford, 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, 2010NEW 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, 2010SEATTLE — 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, 2010CUPERTINO, 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, 2010Redmond, 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, 2010Benton 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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Old news? This was announced at CES,...
John– 1/26/2010 9:16:35 AM EST
in response to TomTom: Free Lifetime Map, Traffic UpdatesI pretty much did 100% of my shopping online. This proved to be convenient,...
Jerald– 1/8/2010 2:55:01 PM EST
in response to Best Buy Dec. Sales Grow 13%Hey Frank. Use independent service companies instead of your own-in house folks...
Kurt Dodgers– 12/14/2009 11:56:05 PM EST
in response to Conn's Settles $4.5M Suit With Texas AGFor the record, the profit percentage mentioned in the article is the company's...
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CES Product Spotlight
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.By The Numbers
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iBiquity: 80 Car Models To Come Equipped With HD Radio In 2010
Columbia, Md. — A total of 80 vehicle models will come equipped with factory-installed HD radio as standard or optional ... -
CEA: Global Sales Will Be Flat In '10
LAS VEGAS — When the United States sneezes, the world gets a cold. This was the theme of one of the Consumer Electronics... -
Majap Shipments Rebounded In Dec.
Washington — Factory shipments of key major appliance categories roared back to life in December, as steep Black Friday ...
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