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Articles tagged with: revenue

Apple Might Acquire Hulu Soon

With an impressive sale of iPads, iPhones and other iDevices, Apple has generated a huge stack of money around $72.6 billion. With such a huge amount of money, the only thing which comes in mind of people is, “What are they going to do with all this money???”

They cannot just sit back and relax on this money, the only thing that a good company would do is INVEST. They might invest it on a new idea or product, or they might buy a company. Word is that they might acquire the Online Video Streaming Website ‘HULU’ and add Online Video Services to Apple customers. With just a price tag of $2 billion on Hulu, it is not such a risk for Apple

Good Technology Report Says iPad Preferred Over Android Tablets

Good Technology is an enterprise mobile stalwart. It is a large technological company which has partnership with industry leading companies including LG, HTC, Nokia, Microsoft, who support the widest range of mobile devices and applications.

Good Technology has started deploying iPhone and Android smartphones in the recent years. It can manage many devices along with other mobiles, applications and platforms. It is also capable of managing both IT-deployed devices and the devices owned by customers.

Apple Barely Keeps Up With The Demand For iPad2

Apple has just recently released iPad2 and Apple fans have rushed to the Apple Stores so unexpectedly that now Apple can barely keep up with the demand for iPad2.

Tim Cook, Chief Operating Officer at Apple said, “Sales of the iPad 2 have absolutely been a frenzy. As we stepped into July, we have been able to increase the supply further, and some SKUs in some countries are at a supply-demand balance. We believe that some people chose to buy an iPad over a Mac in the quarter, but we believe that even more people chose to bought an iPad over a Windows PC.”

Facebook Set For $1 Billion In Social Gaming Revenue

Facebook Inc is on course to generate $1 billion in revenue this year from social gaming, according to Kevin Ryan, a leading Internet entrepreneur and former chief executive of online advertising giant DoubleClick.

Most of that revenue will come from advertising.”The $1 billion forecast also includes revenue from Facebook Credits, which allow users to buy items for games and other activities on the social network” , he added.

Advertising Startup, TellApart, Raises $13M Funding

An advertising startup that uses a pay-for-performance model, called TellApart, announced today that is has successfully raised $13 million in Series B funding led by Bain Capital, which brought the total amount raised to nearly $18 million.

The company was founded by two former Google product engineers, Josh McFarland and Mark Ayzenshtat. TellApart assigns a Customer Quality Score to each individual customer, based on the customer’s onsite behavior patterns (products viewed, items purchased, etc.). The data is then compiled into a CQScore that distinguishes high value customers from ordinary customers, hence the name, TellApart.

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’.

LG Announces Company’s Strong Quarter

LG has recently come forth to say that it has turned a new corner with the sales of flat panels and operating profits up. The company believes that an aggressive product line-up in televisions will continue to fuel profits. The company saw its first operating profit in early of 2010. LG feels confident that the Cinema 3D TV range and its Smart TVs will be the driving force of product sales.

The company has seen success, largely due to its cost-cutting efforts and are currently in a 73.1 million USD profit in the first quarter.

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.