Graphics processor firm Nvidia formally stated that some notebooks utilizing its chips continue to have “failure” issues, in a filing with the Securities and Exchange Commission on Wednesday. Per cnet, Nvidia stated that though it does not continue to see “abnormal failure rates” in systems using Nvidia products,” some notebooks are still affected. “We continue […]
Category: Finance
Amidst strong iPhone and iPod sales, Apple Inc. reported a US$1.21 billion profit for its second quarter despite Mac sales being down 3% for the quarter compared to last year. “We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” Peter Oppenheimer, Apple’s CFO said during the conference call […]
We’re kind of all to blame for this one – or at least everyone who went out and snagged an iPod or iPhone. The guys over at Macworld U.K. are reporting that flash memory prices have climbed 20% in the last two weeks. The article cites electronics wholesaler Chinavision.com, which has stated that the increased […]
On Wednesday, Apple reported its third quarter financial results. The company stated a profit of US$818 million (or US$0.92 per diluted shared) on US$5.41 billion in revenue for the third quarter. The results show a marked increase as opposed to a profit of US$472 million (or US$0.54 per diluted share) on US$4.37 billion for the […]
In other news, Intel Capital, Intel’s investment wing, has announced that it will invest US$218.5 million in emulation software make VMWare. The investment will occur within VMWare’s Class A common stock, which is subject to customary regulatory approval. According to Macworld News, this will allow Intel Capital to own about 2.5% of VMWare’s outstanding common […]