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Tag: PROFIT

Wii Sales Still Strong Despite Slowing Economy: Big Money For Nintendo

ExxonMobil isn't the only company registering record profits -- video-game maker Nintendo reports today it will achieve record profits, largely fueled by consumer demand for the Wii platform, when its fiscal year ends next March, with about $3.6 billion flowing into the Japanese company's coffers. While most entertainment and media companies expect a downturn this quarter, Nintendo attributes ...

Wait Until After the Holidays to Buy a New TV, Analysts Say

If you've been thinking about getting a fancy new HDTV, you might want to wait unitl after the holidays to make your purchase -- at least that's the advice several analysts have given to the New York Times. Over the past couple of years, flat-panel prices have plummeted (and subsequently) so have profits. As a result, retailers are focusing less on the affordable brands (Vizio, Norcent, Olevia) ...

Apple Profits Soar 73%, Shares on the Rise

After dipping two days ago as result of confusing, misinformed headlines concerning poor iPhone sales, Apple shares regained losses and surged 9 percent yesterday during after hours trading. The boost came after the Cupertino, California gadgeteer announced earnings growth of 73 percent during the last fiscal quarter. And, believe it or not, the iPhone was a non-factor. Apple sold a record 1.76 ...

iPhone Not Expensive Enough?

We never really thought we'd hear anyone say that Apple wasn't gouging its customers enough, but that appears to be the opinion of Rafi Mohammed, head of the consulting firm Culture of Profit, and author of 'The Art of Pricing.' Tom Taulli, over at Blogging Stocks had a chance to interview Mohammed who says, "Apple did a great job of setting prices. It kept the four-gigabyte model under the ...