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Apple profits conceptualized

Apple Profit Conceptualize

Here's a clear example of The Street missing the woods for the trees when it comes to valuing Apple stock while giving companies like Amazon high volume and low profit yield a free pass.

Notable Highlights between Oct 2011 - Sept 2012:

  • Apple record breaking profit of 41.7 billion.
  • Apple revenue is 156.5 billion.
  • Combined profit of Facebook, Google Microsoft, Yahoo! and Amazon is 34 million.
  • Combined profit of the PC industry of HP, Lenovo, Acer, IBM ASUS, Dell, and Intel is 19.3 billion.

One could extrapolate that the major Android OEMS combined makes less profit than Apple makes from the iPhone alone.

Read More | Statista

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TV Talk: Lawsuit for Hayden Christensen, Paycheck for Don Johnson

Hayden Christensen-Hayden Christensen and his brother are suing USA Network for allegedly stealing their idea behind Royal Pains. I’d like to sue him for everything he did in Star Wars.

-Who knew Nash Bridges was worth millions? Former star Don Johnson just won $23.2 million in back profits from Rysher Entertainment Inc.

-Speaking of profit, that’s what Jeremy London will do as a result of his strange kidnapping/drugging story. The Mallrats star will now get time with Dr. Drew on Celebrity Rehab.

-A recovering Barbara Walters will make a video appearance this Monday on The View. The co-host, who had heart surgery in May, won’t return to her chair until September.

-Want to relive Alex Wong’s amazing routines (sniff) from So You Think You Can Dance? Now you can watch episodes online!


No Agreement Yet Between Writers and Producers

Posted by K.C. Morgan Categories: Reality, Syndication, News,

Hand writingDespite a federal mediator and plenty of bargaining sessions, the and the Alliance of Motion Picture and Television Producers failed to come to terms on a new three-year contract. Talks ended after several not-so-fruitful hours, three hundred and sixty minutes before the current contract expired. The writers and producers are stymied over one central issue: the pay writers receive when work is released on DVD. DVD sales are huge, and have been since the discovery that people will actually pay to own episodes of television shows they watched the first time they aired. Even syndication hasn’t hurt the DVD sales of old TV episodes, and the writers want their cut. Well, the producers don’t want to give it to them. That, in a nutshell, is what all this strike talk is about.

Click to continue reading No Agreement Yet Between Writers and Producers

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Blackberry Hits 10 Million Mark

Posted by Sheila Franklin Categories: Corporate News, Handhelds,

Blackberry 8820 Blackberry devotees, take heart. The Canadian firm Research in Motion claims a net profit of $287.7 million through September 1, as opposed to the same period in 2006, in which they made $140.2 million during the second quarter. The company claims that the jump was due to new global users that helped it beat the 10 million mark, as it added another 1.45 million subscribers. RIM believes that their profits will continue to rise and beat their market targets for the rest of year.

Read More | BBC

EA Announces “The Sims Stories” Designed for PC Laptop

DescriptionEA has announced yet another game in the cash-cow Sims universe… this time it’s a set of standalone “Stories” built around characters in the Sims universe. Unlike previous Sims games, which seemed designed to suck every moment of your real life away so that you could give it to your virtual character, The Sims Stories are self-contained (i.e., they don’t require any previous games or expansion packs) and designed for short, casual play on PC laptops with modest specs. The first in a series, The Sims: Life Stories will be a comedy/romance which you play from the perspective of two different generically-named Sims, “Riley” and “Vince”. The initial story will be followed by The Sims: Pet Stories and The Sims: Castaway Stories.

Maybe it’s just that I never really got into the Sims universe, but this sounds like it has “flop” written all over it. How is EA going to convince gamers to spend their money on generic adventure games about everyday characters? It’s a lot like trying to convince somebody to play Sam and Max, but without any artistic style or wacky characters. I suppose you could make the argument that Sims Stories is to reality TV as Sam and Max is to cartoons (and boy is that there reality TV popular these days), but somehow I don’t see this working in the gaming sphere.

Regardless of its success, these games look like they were rather cheap for EA to produce, and will probably net them a bit of a profit. The game was only announced today, but will be debuting in stores on February 7, 2007, a scant 3 weeks away.

Click the jump for EA’s full press release…

Click to continue reading EA Announces “The Sims Stories” Designed for PC Laptop

Read More | EA.com

Atari Restructures, Hires New CEO, Starts Printing Pink Slips

Posted by Michael Cardiff Categories: Corporate News, Retro,

David Hyde PierceLooking to end their reverse Midas touch (everything they publish seems to veer away from gold these days), Atari today announced that they are hiring a new president and CEO. David Pierce (no, not THAT David Pierce), former executive vice president of Sony Wonder (Sony’s children’s video and home video arm), will be taking the reins of the troubled videogame maker effective immediately.

Pierce has a strong track record in a variety of entertainment industries and may help Atari to become profitable in the coming months (hopefully without selling off any other major franchises). It should be interesting to see how Pierce plans to put Atari back in the black - if he’s of the “old” school of business, we can expect to see major layoffs and downsizing. Hopefully, Pierce also recognizes that hiring a few top-of-the-line creative talents is what Atari really needs.

Read More | Reuters

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