Author Archives: Editorial Staff
Nintendo today announced (PDF) sales of 556.2 billion yen ($7.2 billion) during the nine months ended December 31 (April to December 2011), down nearly 32 percent compared to the same period in 2010. It also posted a 48.4 billion yen (about $625 million) net loss. During the same period in 2010, Nintendo generated a profit of nearly 50 billion yen. Nintendo mentioned...
AT&T Inc. reported fourth-quarter results highlighted by record mobile broadband sales, strong wireless network performance and improved wireline revenue trends. Consolidated revenues clocked in at $32.5 billion, up 3.6 percent compared to the year-earlier quarter. They recorded a huge net loss for Q4 2011 of $6.7 billion, or $1.12 per diluted share. These results...
RealNetworks Inc. has announced that is has signed an agreement to sell a “significant number” of its patents – approximately 190 patents and 170 patents applications and its next generation video codec software to Intel Corporation for a purchase price of $120 million. “Selling these patents to Intel unlocks some of the substantial and unrealized value of...