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TweakTown News Posts - Page 2142

Samsung estimates recording setting profit of $7.3b, likely due to Galaxy S III success

By: Trace Hagan | More News: Business, Financial & Legal | Posted: Oct 5, 2012 7:10 pm

Samsung is a giant when it comes to electronics. Producing a wide array of electronic gadgets, toys, and tools, Samsung has been growing in popularity and quality. The latest smartphones coming out of the company are incredibly brilliant--just ask Anthony Garreffa how much he likes his Galaxy S III!




Due to the smashing success of the Galaxy S III, along with its television division and other smartphone sales, Samsung is estimating record breaking profits of $7.3 billion for the third quarter. The finalized earnings report is due out on October 26, so the real number could be higher or lower than this estimate, though it shouldn't vary by too much.


The estimate places the total consolidated sales at $46.7 billion, which is a huge sum of money. Samsung has to be happy that these figures didn't come out during its trial with Apple as the damages awarded could have come in even higher than the $1 billion that the jury awarded Apple.


In other news, Samsung's brand success is also increasing like its profits. Interbrand's brands report shows that the value of Samsung's brand increased 40 percent in the last year, which puts it just behind Intel and two spots lower than McDonalds, both huge names in the United States.

AMD slashes pricing on the HD 7850 again, prices trending down for entire 7000 series

By: Trace Hagan | More News: Video Cards | Posted: Oct 5, 2012 6:44 pm

The thrifty among our readers will be happy to hear that the AMD Radeon HD 7850 has seen another price cut, bringing the retail price for the 2GB version down to $189. Along with that cut, the rest of the product line continues to trend downwards as the series ages, the process matures, and competition heats up between AMD and NVIDIA.




Anandtech has produced the nice chart you see above. The chart shows how the prices of AMD's offerings have declined continually since launch by comparing launch price, spring MSRP, late summer MSRP, and fall retail price. AMD has changed from quoting MSRP to quoting retail price as that usually is $10 lower than MSRP.


While the prices on the HD 7000 series started out really high, as of late they've become extremely reasonable due to the continual price cuts that AMD has been implementing. With the HD 8000 series due out early next year, prices will likely continue to fall on the HD 7000 series, though probably not until the holidays or just past.

Playing World of Warcraft makes you unfit for office according to Republican politicians

By: Trace Hagan | More News: Business, Financial & Legal | Posted: Oct 5, 2012 6:11 pm

If it wasn't so crazy, you'd think I was making this up...and I wish I was. But, no, I'm not. The following is a completely true political attack on a Democrat candidate using her playing of the popular game World of Warcraft as the focus. For some reason, the Republican incumbent believes that this makes her unfit for office.




Now, I don't want to start any political debates between Republicans and Democrats. Instead, I would like to take this moment to point out how absolutely ridiculous this claim is. The fact that a candidate plays World of Warcraft almost shows that he/she is more in touch with current life than the opposition.


"I think it's weird that I'm being targeted for playing online games," Lachowicz said. "Apparently I'm in good company since there are 183 million other Americans who also enjoy online games. What's next? Will I be ostracized for playing Angry Birds or Words with Friends? If so, guilty as charged!"


She added, "What's really weird is that the Republicans are going after my hobbies instead of talking about their record while they've been running Augusta for the last two years. Instead of talking about what they're doing for Maine people, they're making fun of me for playing video games. Did you know that more people over the age of 50 play video games than under the age of 18? As a gamer, I'm in good company with folks like Jodie Foster, Vin Diesel, Mike Myers, and Robin Williams. Maybe it's the Republican Party that is out of touch.

Continue reading 'Playing World of Warcraft makes you unfit for office according to Republican politicians' (full post)

We're hiring a US East Coast TweakTown News Editor!

By: Cameron Wilmot | More News: TweakTown | Posted: Oct 5, 2012 4:14 pm

We are hiring a news editor based on the US East Coast!




You will be required to post daily news and attend tech events on the East coast. You need to own a digital camera. You need to be addicted to technology and have a passion to write about it. It would be a bonus if you have previous online experience, too.


If you feel you are the right person for the job, please email your CV and other relevant information to jobs at tweaktown dot com.


Just to be very clear, this is a paid position.

LeakedTT: Spotify's financial numbers have reportedly hit the web, can't make a profit

By: Trace Hagan | More News: Business, Financial & Legal | Posted: Oct 5, 2012 3:11 pm

A company known as PrivCo has reportedly obtained Spotify's private financial records. PrivCo attempts to obtain private, non-publicly traded companies' financial reports and sell the info. In this case, PrivCo has released the data on its website for all to see, and it paints a somewhat bleak picture.




Even with increasing revenues for 2011 from 2010, Spotify reportedly widened its losses by 60 percent year over year. In 2010, Spotify brought in $97.5 million in revenue and had to pay out $101.4 million in royalty fees, distribution, and other costs. They then had to pay out personnel costs which netted them a $37.5 million loss for the year.


In 2011, Spotify managed to increase revenue by 151 percent up to $244.5 million, and the cost of sales followed right with them coming in at $239 million. Personnel costs increased by a massive 173 percent, which helped produced a massive $59 million loss for 2011. Spotify has yet to comment on these numbers, though if accurate, they might prove Spotify won't be around much longer.

Razer's Project Fiona gaming tablet begins production

By: Anthony Garreffa | More News: Mobile Devices, Tablets & Phones | Posted: Oct 5, 2012 12:29 pm

Razer's gaming tablet surprised the world when it was teased at CES earlier this year, dubbed Project Fiona. Project Fiona is a 10.1-inch, Windows-based gaming tablet which sports an Intel Core i7 processor.




Where it steers away from other tablets, is that it features two joystick handles which both sport dual analog sticks and a normal controller-style layout. Razer CEO Min-Liang Tan teased the world through Facebook, where he asked his followers for 10,000 likes in 7 days - which happened.


Tan then confirmed via Twitter that the production of the gaming tablet is happening, and thus makes a 2012 launch of Project Fiona that much more real. Final design and hardware specifications are not yet set in stone, with various ARM- and Intel-based processors that could be baked inside of the tablet.

Continue reading 'Razer's Project Fiona gaming tablet begins production' (full post)

Google wants to replicate the success of the Nexus 7 tablet, but in smartphone form

By: Anthony Garreffa | More News: Mobile Devices, Tablets & Phones | Posted: Oct 5, 2012 11:29 am

The cheap $199 Nexus 7 tablet from ASUS and Google was a huge success - I rated it very well and still use it as my everyday tablet. But it looks like Google wants to hit the homerun again, but with a smartphone this time.




Sources have told DigiTimes that Google are working with manufacturers "to launch smartphones based on its Nexus 7 platform". DigiTimes reports that Google are letting OEMs have more free rein on design and hardware specifications as long as they "are based on its latest native Android system".


I really hope we see this happen, and I have no doubt that we will. I expect a launch in early-2013 of the next iteration of Android, which should be Android 4.2 Key Lime Pie, on a Nexus handset. Bring it on.

Sony halts Xperia tablet sales, water resistance defect has been found

By: Anthony Garreffa | More News: Mobile Devices, Tablets & Phones | Posted: Oct 5, 2012 10:23 am

Sony have had to remove their Xperia Tablet S from sale, after the Japanese company found a waterproofing defect in their tablet. The problem refers to the water resistant properties of the tablet, which hit Japanese shelves on September 15.




The company are offering inspections and repairs all free of charge of course, with some of the affected slates making their way overseas, you need not worry - Sony will replace those, too.


This isn't good news for Sony, as they're really struggling in the smart device market, as well as having various issues with pretty much every other market they have products in. This lead to the company announcing back in April that they would be culling 10,000 employees.


Have you got an Xperia Tablet S? If so, how does this news affect you? Will you want it replaced, or are you the kind of person who wouldn't worry too much about water resistance?

Facebook VP of Communications exits the social network

By: Anthony Garreffa | More News: Business, Financial & Legal | Posted: Oct 5, 2012 9:32 am

Facebook have lost a big one today, with their Vice President of Global Communications, Joe Lockhart, set to depart the social networking site. His departure is sudden, as he only joined the social network 15 months ago, in July 2011.




Lockhart is most famously known for his work within the White House, where he was the Communications Secretary for President Bill Clinton, during the last half of his second term as President.


Lockhart's departure from Facebook stems from the soon to be ex-VP of Comms not wanting to move to California full-time, and stay on the east coast, where he has continued to live while working with the social network.


The departure of Lockhart couldn't come at a worse time, with their issues post-IPO, and they've only just announced their one billion monthly active user mark, too.

Ustream gets updated for 7-inch tablets, includes better streaming abilities

By: Anthony Garreffa | More News: Apps | Posted: Oct 5, 2012 8:33 am

Ustream has been updated for Android, where the new version of the app (v2.0.3) now includes better support for 7-inch tablets, such as the ASUS Nexus 7.




On top of the support for more 7-inch tablets, it also includes a bunch of streaming improvements as well as the usual bug fixes and other miscellaneous improvements.


You can grab the new Ustream app directly from the Google Play store. I'm about to download it on my Nexus 7 and check it out.

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