revenue

Microsoft has revealed it generated $853 million in revenue selling its Surface tablet computer. Embarrassingly, that's less than the amount it recently wrote off in stock it no longer expects to sell at full price. The revelations come just days ... after company chief executive officer Steve Ballmer reportedly told staff "we built a few more [Surface] devices than we could sell." That appears to be an understatement, to say the least. This is the first time Microsoft has publicly discussed Surface sales in any detail. The information was made available through a filing with the Securities and ... (view more)

Facebook has reported second-quarter earnings that far exceed experts' predictions. The key factor behind that unexpected revenue intake: mobile advertising. Facebook recently reported second-quarter earnings of 19 cents per share -- substantially ... higher than the 14 cents per share predicted by analysts. Almost half (41 per cent) of the company's $1.6 billion in advertising revenue came through mobile devices. That's also much higher than expected -- experts had predicted mobile ads to account for about one-third of Facebook's total advertising revenue. Overall, Facebook's mobile ad revenue ... (view more)

What's the best way for Microsoft to improve its financial outlook? Sell off two prominent properties: its Xbox video game division and its Bing search engine. At least, that's the opinion of Rick Sherlund, an analyst for Nomura Equity Research. In ... a report released earlier this week, Sherlund argues that selling off the Xbox and Bing properties could help Microsoft from a financial standpoint. Bing Division Consistently in the Red First, selling Bing does make some sense. After several years competing with industry heavyweight Google, Microsoft's online services division continues to report ... (view more)

Facebook has posted a staggering revenue increase for the first quarter of 2013. Helping the firm rake in the cash: the successful implementation of mobile applications and advertisements. According to reports, Facebook's total revenue jumped to ... almost $1.5 billion for the quarter ending March 31, 2013. That's an increase of almost 40 per cent from the same period last year, when revenue was just over $1 billion. Advertising Drives Revenue Growth The company says that its advertising revenue accounted for $1.25 billion of that total sum. This means the firm's ad work represents 85 per cent of ... (view more)

Last quarter Microsoft profits were up an impressive 19 per cent when compared to the same period last year. However, the company can credit Office software and the Xbox 360, not Windows 8, for that bump. While Microsoft's Windows division showed ... increases in revenue and profits, The Wall Street Journal notes this income was actually earned in the past, with its reporting deferred for accounting purposes. This involved software that allowed the user to receive a free or reduced-price upgrade at a later date. Microsoft chose to not list the full revenue in its accounts at the time of purchase ... (view more)

To our Valued Readers, In our quest to improve upon Infopackets.com and overall visitor satisfaction to our site, we've rolled out some major changes this past week and will continue to make improvements in the weeks ahead. Some of the changes we've ... rolled out this past week include: additional content: 5 more articles per week added: payment link for donations by PayPal, card, and by mail inclusion of "How To" articles to the site removal of Vibrant Media ads (blue double-underscore links / pop up ads) removal / change of Google ads added: 'Help Support Infopackets' tab at top of page ... (view more)

Microsoft wasn't the only firm to report significant revenue losses last week. Advanced Micro Devices, popularly known as AMD, revealed that its revenue recently hit a three-year low. In response, the firm says it must cut costs by eliminating close ... to 1,800 jobs worldwide. AMD is a major producer of computer microprocessors. A few years ago it was neck-and-neck with Intel in the race for market leadership. Today it's still in second place, but much farther behind. Overall PC sales are down throughout the industry, leaving the entire personal computer market to face an uncertain future. Part ... (view more)

Regarding our vote on February 15, 2012 -- I have read approximately 1,000 comments from readers, along with their ballots. I will provide insight with regard to the findings, as well as address some issues. This post is approximately 1,500 words. I ... realize some of you won't want to read all of it and just want the results. So, I would like to begin by saying this: According to the results of the vote, I am pleased to announce that Infopackets will remain online. Moving forward: all users will retain access to everything that they have now and well into the future. This includes free access ... (view more)