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Kindle Fire HD Is A Profitless Product For Amazon: But Why The Company Is Still Relying On It?

Yesterday, Amazon Q4 2012 earnings report came out from the tunnel. Really, the company's financial earning report wasn't as much impressive as it was expected earlier. Net income of the company dropped 45% to $97 million (or $0.21 per...

U.S. Accuses And Sues Apple For Conspiracy Over E-Book Pricing: Should Apple Be Worried?

The U.S. Department of Justice's Antitrust Division has accused Apple Inc. and 5 other publishers of conspiracy to limit competition for the pricing of e-books and filed a lawsuit against them. The lawsuit, filed in Manhattan federal court alleges that Apple and the...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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