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Google disclosed Thursday that it paid whopping sum of $966 million for the acquisition of the Israel-based company behind the mapping app Waze. It was, though, previously speculated that Google had paid a little more than $1 billion. Reportedly, Google spent $847 million in goodwill, $188 million in intangible assets, and $69 million in net liabilities. This information comes from the Securities and Exchange …
Sales figures of Chinese search giant Baidu came along today reflecting a 4.5 percent YoY decrease in net profit to RMB2.64 billion ($430.8 million) for Q2, 2013, while revenue has increased about 38.6 percent to RMB7.56 billion ($1.23 billion) compared to same period. In this quarter company added 58,000 new customers facing intense market competition mainly the newbie Qihoo which …
It was reported that the sales of iPhones in India has increased up 400% every year. The growth was recorded by Tim Cook, CEO of Apple. During the initial three months, there was reduction in the sales of iPhones. Later on, Apple recorded a sale of 120,000 smartphones, though it is a lesser value when compared to 230,000 sales which …
Confirmed by Gibeau EA makes 76% of handsome revenue from its digital business and not from any disc based functions. According to him the business is going digital and he believes firmly that the digital capabilities of the future generation consoles are very powerful. Asia proves to be the biggest market of the digital world and the future of the …
LG Second quarter earnings rolled out recently and brought a big smile for LG. With additions of upto KRW15.23 trillion ($13.6 billion) in revenue, an increase of 10.1 percent YOY triggered by shoot up in sales mainly in mobile phone division. In total 12.1 million LG smartphones were shipped in the April-June period, their highest-ever quarterly figure in history, and …
