Apple Loses $62 Billion in Value in 3 Minutes on iPhone Sale
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Apple Loses $62 Billion in Value in 3 Minutes on iPhone Sale

“We had an fantastic quarter, with iPhone revenue up 59 percent over last year, strong…

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Another Record Quarter for Apple
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Another Record Quarter for Apple

Still, with iPhone sales at 47.5 million during the quarter, up 35 percent from the…

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Microsoft posts record loss on Nokia shutdown low Windows demand
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Microsoft posts record loss on Nokia shutdown low Windows demand

A huge write-down of its Nokia smartphone business acquisition (to the tune of $7.5 billion)…

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Apple gives weak forecast, shares fall nearly 7 percent
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Apple gives weak forecast, shares fall nearly 7 percent

Cook, however, offered some insight based on Apple’s data for its fiscal quarter ended June…

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Microsoft posts record loss
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Microsoft posts record loss

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Time will tell if Apple Watch catches on, as Apple fans wait
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Time will tell if Apple Watch catches on, as Apple fans wait

But Apple seems to be acting like Noah and preparing for a 40-day flood. Apple…

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Microsoft reports biggest quarterly loss ever as it writes down Nokia
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Microsoft reports biggest quarterly loss ever as it writes down Nokia

Microsoft New Zealand doesn’t break-out quarterly earnings, and the picture is murked by some cloud…

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Surface and Xbox Remain Star Products — Microsoft Earnings
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Surface and Xbox Remain Star Products — Microsoft Earnings

Because of this write-down fo $7.5 billion, a material impact was noted in this quarter’s…

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Microsoft books $8.4 billion write-down on phones in 4Q
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Microsoft books $8.4 billion write-down on phones in 4Q

The net loss in the fourth quarter, which ended June 30, amounted to $3.2 billion,…

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Microsoft reports $3.2 billion quarterly loss
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Microsoft reports $3.2 billion quarterly loss

Meanwhile, Microsoft reported 40 cents in operating loss per share as a result of the…

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