Apple’s record-setting growth has finally come to an end. During the company’s first quarter earnings call on Tuesday, Apple reported its first year-over-year decline since 2003. Apple reported revenues of $50.6 billion, down from about $58 billion during the same period last year.
A lot of business is done on the Internet, but the model for making money there isn't as straightforward as "sell a thing, make a profit." So how do the web services you use every day make money? The aptly named "How Do They Make Money" has some answers.
Goldman Sachs claims Microsoft will get $444 million in revenue from Android patents this year. They estimate they are receiving $3 to $6 per device sold after settlements with Samsung, HTC and others Android manufacturers. [Business Insider]
Having already bested the rest of the mobile industry in profits and revenue, Apple has finally snatched the #1 spot by volume, making it the biggest smartphone producer in the world for the first time. Apple shipped 20.3 million iPhones in the 2nd quarter, while former #1 Nokia dropped 34 percent to 16.7 million in…
Netflix's revenue missed expectations last quarter, possibly because many of us haven't laid hands upon a DVD or Blu-ray in quite some time. The number of customers streaming movies has jumped drastically from a year ago.
Both Fortune and Marketwatch are saying that all the unlocked iPhones, which make up about a third of the total phones sold, may be costing Apple $300 million in future revenue kickbacks from cellphone providers. And if Apple doesn't stop the unlocking madness, what's the incentive for a provider to pony up that…