Tag Archives: Fy 2012

Barnes & Noble’s Q4 and FY 2012: revenue up, losses up, hopes Microsoft hurries up

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Barnes & Nobles Q4 and FY 2012 revenue up, losses up, hopes Microsoft hurries up

Barnes & Noble has released its financial results for both the final quarter and full financial year of 2012. It's a picture of a company that's holding steady in the face of continued onslaught from its rivals, albeit with some hope on the horizon. In preparation for its as-yet-unnamed venture with Microsoft, the company has begun the process of spinning off its Nook and College businesses -- while sales from stores and BN.com now come under the umbrella term of "retail."

On that front, it sold $1.1 billion worth of books in the quarter and $4.85 billion for the year -- down from $4.92 billion in 2011. Nook-wise, the company had turnover of $933 million, with device sales increasing 1 percent for the quarter and 45 percent of the year -- but had to eat a loss on taking back unsold Simple Touch readers. Content sales on its various devices increased 65 percent in the quarter and 119 percent in the year -- clearly showing where the market is headed.

Continue reading Barnes & Noble's Q4 and FY 2012: revenue up, losses up, hopes Microsoft hurries up

Barnes & Noble's Q4 and FY 2012: revenue up, losses up, hopes Microsoft hurries up originally appeared on Engadget on Tue, 19 Jun 2012 11:18:00 EDT. Please see our terms for use of feeds.

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Nintendo aims to flog 18 million 3DS, up to 10.5 million home consoles this fiscal year

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All eyes are on Nintendo, now that it has revealed losses of $460 million. Buried in all of the financial paperwork were the revelations that it sells the 3DS at a loss, its plans for digital distribution and its projected sales figures for this year. It aims to flog 18.5 million 3DS handhelds and 10.5 million Wii consoles by March 31st 2013. But wait, what about the Wii U? That figure actually encompasses both old and new hardware, so it is either hoping for a sharp fall in Wii sales or a tough opening for the new baby. It's a bold pair of figures that relies upon how well New Super Mario Bros 2, Animal Crossing and the new hardware capture the public's imagination in a time when people are tightening their belts (especially if they've been using Wii Fit).

Continue reading Nintendo aims to flog 18 million 3DS, up to 10.5 million home consoles this fiscal year

Nintendo aims to flog 18 million 3DS, up to 10.5 million home consoles this fiscal year originally appeared on Engadget on Fri, 27 Apr 2012 11:29:00 EDT. Please see our terms for use of feeds.

Permalink Joystiq, Joystiq  |  sourceNintendo, (2)  | Email this | Comments

Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays

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Sharp posts $1.4 billion extraordinary loss for 2011 - 2012, sees writing on wall in high definitionSharp has reported an extraordinary loss of 117.1 billion yen ($1.4 billion) for the financial year ending March 2012. The company has cited restructuring costs and inventory losses as the causes for the write-down, but also projected that its TV business would lose a further 18.7 percent of its projected sales in the current year. The company has decided to convert some of its big-screen LCD production lines into mobile LCDs as it tries to reassert its dwindling display business. It's yet more bad news after the company sold part of its LCD manufacturing business to Hon Hai, Sony withdrew from a joint venture and refused to deal with Sharp in the future, plus an 86 percent collapse in profits.

Continue reading Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays

Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays originally appeared on Engadget on Fri, 27 Apr 2012 04:20:00 EDT. Please see our terms for use of feeds.

Permalink Reuters  |  sourceSharp  | Email this | Comments