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Articles tagged with: profit

Adobe Aiming To Move Up In The App Market

Adobe, the digital media and web developing company will close Adobe inMarket and Adobe Airplace.

The company is aiming to pass the privilege to multiple platforms, as this would be more profitable and will help the firm develop an even better image in front of the world in the coming future. Both of the above mentioned stores are announced to close in August.

Nvidia Swallows Icera For $367M

We have just heard that Nvidia has swallowed Icera for $367 million dollars. This move gets Nvidia’s foot in the door for baseband and radio chips, leaving some to guess that perhaps Nvidia is thinking of making its own phone. With the Icera acquisition, Nvidia will now be able to combine high-end processors, with cell phone communications.

Nvidia believes that Icera can help it double its revenue from each mobile device.

Google Apps Charges Businesses Over 10 Users

Google is changing the way it’s doing business under the rule of Larry Page, and it wants you to open up your wallets. Google will now be charging for Google Apps for Business to make it more attractive to small businesses, charging a $5 per user, per month plan that is comparable to Microsoft’s pricing plan. Google also lowered its paid service entry level from shops with 50 users to 10, in an effort to attract more of the small business ‘market’.

Acer Experiences Worst Quarter Since 2004; 64% Income Dive

Acer reported today a disappointing sales quota. The company experienced it’s lowest profit since 2004. The cause? All the hype over the iPad and the iPad 2, as well as the surge of many other tablets. Acer’s net income took a dive 64% to just over $41 million, the lowest since Spring 2004. The company even stated that the third quarter might see meager results as well.

Acer has been known to be losing ground in the notebook market, with many consumers switching over to tablets. Although Acer has long denied the fact of the iPad’s success, it is a fact hard to deny with such low profits. Unfortunately, Acer’s revenue consists of about three quarters of the company, with desktops and mobile devices making up just a quarter of its revenue.