revenue

Sales of its Android phones and internal cost-cutting helped Sony Ericsson returned to profitability in its fourth quarter. But overall sales were down, and results missed analysts' expectations.

For the quarter ended December 31, the Swedish mobile phone maker saw its net income hit 8 million euros ($10.8 million), a healthy swing from 2009's final quarter, which was hit by a loss of 167 million euros. Results were similar for all of 2010 as net earnings reached 90 million euros following a loss of 836 million euros in fiscal 2009.

Seeing 2010 as a turnaround year, the company … Read more

Tech, media, and telecom companies in emerging markets and those considered "digital innovators" are among the world's tops in providing value to their investors, according to a new study from the Boston Consulting Group.

Out today, the report "Swimming Against the Tide: How Technology, Media, and Telecommunications Companies Can Prosper in the New Economic Reality" found that seven of the top 10 telecom performers, five of the top 10 media performers, and four of the top 10 technology performers are in India, Taiwan, Mexico, China, and other emerging markets. But global companies tuned into the … Read more

If you think mobile applications are popular now, a new report predicts you haven't seen anything yet.

This year, consumers worldwide will have downloaded 10.9 billion mobile apps, according to a report from IDC released today. But that figure will pale in comparison to how many apps users download in 2014.

By that time, IDC believes 76.9 billion mobile apps will be downloaded in a single year. Given that popularity, IDC said that mobile-app revenue around the world could surpass $35 billion in 2014, up from an estimated $4.9 billion this year.

Going forward, IDC said … Read more

Cyber Monday appears to have been a huge hit among consumers this year.

According to Coremetrics, a division of IBM, online sales yesterday were up 19.4 percent, compared to Cyber Monday 2009. The average consumer's online order value was $194.89, representing an 8.3 percent gain over the average order value of $180.03 in 2009. Coremetrics also found that luxury goods sales were up 24.3 percent, compared to Cyber Monday 2009.

Coremetrics also reported that total sales on Cyber Monday were 31.1 percent higher than Black Friday's online sales. However, the research firm … Read more

Here's more proof that the transition to digital isn't making up for the losses occurring in the traditional music business .

Warner Music Group, the third largest of the four top record labels reported a net loss of $46 million for its fiscal fourth quarter. During the same period last year, Warner reported a loss of $18 million. Revenue declined 13 percent to $752 million from $867 million a year ago.

Warner, the home of such acts as Green Day and Linkin Park, reported digital revenue of $197 million or a 7.1 percent increase from the same period … Read more

Between 2007 and 2010, virtual goods revenue increased 245 percent, according to a study released today from market-research firm In-Stat.

According to the company, consumers will purchase $7.3 billion worth of virtual goods in 2010, up from the $2.1 billion they spent in 2007. The company's statistics include revenue generated from social-networking titles like Zynga's FarmVille, and casual games both online and on mobile phones.

In-Stat found that 70 percent of the revenue generated from virtual goods originated from consumers in Asia and Pacific countries, while the remaining 30 percent of the cash was generated from … Read more

Samsung Electronics's third-quarter earnings and sales both grew, but the company is anticipating weaker results for the fourth quarter.

For the quarter ended September 30, the Korean electronics firm took in a profit of 4.46 trillion won ($3.97 billion), a gain of 17 percent from the 3.81 trillion won earned in the year-ago quarter. Revenue grew by 12 percent to reach 40.23 trillion won, topping the previous quarterly sales record of 39.25 trillion won from 2009's fourth quarter.

The company attributed its solid results to a strong showing from its semiconductor unit, which … Read more

Adobe might be feeling pressure from Apple, but the company is still performing relatively well financially.

Adobe announced today that it expects its fourth quarter revenue to be in line with its targets. With five weeks left to go in the quarter, which ends on December 3, the company expects to generate $950 million to $1 billion in revenue. It also plans to have earnings per share of $0.35 to $0.41 when it officially releases its fourth quarter earnings on December 20.

And it expects next year to be a good one, too. The company believes its 2011 … Read more

AMD said today that it expects revenue for the third quarter to be lower than the previous quarter. This comes on the heels of Intel's warning in August.

The Sunnyvale, Calif.-based chipmaker's terse release said revenue in its third quarter, ending September 25, will be in the "range of down one to four percent as compared to revenue of $1.65 billion for the quarter ended June 26, 2010."

"The sequential decrease is due to weaker than expected demand, particularly in the consumer notebook market in Western Europe and North America," the company … Read more