What can Apple do with its record $18bn profits?

The big tech news today is that Apple has posted record profits: A staggering $18 billion in the last quarter - that's more than any company in history. The success is largely down the iPhone 6 and 6 Plus, which have both been wildly successful - with over 74.5m iPhones shifted in that period. Wow.…

HTC One late release hits company's Q1 fortunes hard

We may have christened it the best Android phone that money can buy in our full review, but the late release of the HTC One smartphone has still lead to troubling financial postings for the smartphone company. Revealing its first…

RIM to cut 2,000 jobs as BlackBerry brand limps on

Research in Motion are lining up another large set of job cuts, with over 2,000 members of staff to be let go, according to reports from Canadian publications The Globe and Mail. The cuts are expected to be effective from…

Wii U release date revealed as Nintendo announce profit drops

Nintendo have revealed they are still struggling after the rough launch of their Nintendo 3DS console. Posting shoddy financial results for October to December 2011, the veteran gaming company have now admitted to predicting annual losses 3 times higher than…

Apple's $6.2 billion profits aren't enough to please analysts

There's just no pleasing some people, is there? Despite Apple revealing massive Q3 2011 profits of $6.62 billion (up over $2 billion dollars over the same period last year), analysts are dismissing the whopping figures as poor compared to their…

Kinect drives record quarterly earnings for Microsoft

The launch of the Kinect Motion controller has resulted in record quartley earnings for Microsoft. 8 million Kinect units were sold, leading to a 55 percent improvement in performance for the company's entertainment division compared to the previous year….

Nintendo profits fall as Wii sales slow

Nintendo have released their annual financial report, revealing a fall in annual profits for the first time in four years. As demand for the Wii hardware continues to decline, operating profit fell by 36% to 356.57bn yen (£2.5bn) in the…

Windows 7 helps Microsoft to 35% jump in quarterly profits

Windows 7 isn't only the best Windows operating system Microsoft have ever put together, it's also proving to be quite the cash-cow. Following its release, Microsoft have seen a 35% jump in quarterly profits, the release of their latest financial…