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Posts with tag profit

Yowza: Toshiba's net profits plunge 95% thanks to HD DVD, flash prices

by Thomas Ricker, posted Apr 25th 2008 at 4:59AM Breaking News

A year ago today Toshiba was announcing ¥26.17 billion in profits for the quarter. Today, just ¥1.25 billion or about $12 million. In addition to the $580 million hit on account of its withdrawal from HD DVD, Toshiba also saw a swift decline in flash memory prices. While bad news for Toshiba on all accounts, we consumers are basking in a market dominated by a single high-def optical disc standard and cheap NAND and DRAM pricing. Sorry Tosh, but you won't find any tears around here.

TiVo beats analysts' estimates in Q4, still loses money

by Darren Murph, posted Mar 11th 2008 at 5:13PM

TiVo's been riding the proverbial wire for years now, and while there was some bright news from the Alviso-based firm's Q4 report, things still aren't looking too peachy on the whole. During the outfit's Q4, it managed to beat analysts' estimates with a loss of "just" $6.4 million "as expenses fell and sales of older-model units were better than expected." Reportedly, the loss equaled 6 cents per share -- much better than the expected loss of 11 cents per share. According to Chief Executive Tom Rogers, the year it just closed was its "best annual performance in its history," but when that performance was losing $31.4 million, we don't even want to think about a poor year. Still, Mr. Rogers assured investors that its newfangled partnerships with cable and satellite TV providers would help "narrow the gap toward profitability," but we still don't see poor TiVo rising from the depths just yet.




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