Posts tagged financial


You need to change your eBay password. Now.

Later today the online auction giant will be emailing all customers to inform them that it has discovered a major security breach that took place several weeks ago. A database that included unencrypted passwords and personal information was compromised, but eBay promises your financial data is safe.


HTC today posted its second loss in three quarters in another dismal earnings report, but things are beginning to look up for the Taiwanese company. Its new One M8 smartphone helped increase sales in March, and HTC has projected a profit for next quarter.


The Sony Xperia Z may be struggling to compete with the Galaxy S4 in many markets, but in Japan, it’s a big seller, and its popularity has helped Sony’s smartphone sales grow. The Japanese company today revealed its fiscal Q1 2013 earnings, which include 9.6 million smartphone shipments — up from 7.4 million in Q1 2012.


HTC has today announced its unaudited financial results for the second quarter of 2013, and despite help from the widely-praised HTC One, they do not look good. The Taiwanese firm made just NT$1.25 billion ($41 million) after tax from NT$70.7 billion ($2.35 billion) revenue, which is a staggering 83% fall from the same quarter last year.


HTC is famous for quickly rolling out one smartphone after the other, and the Taiwanese company often unveils a handful of flagship devices each and every year. But high-end handsets made by HTC could soon become a rarity. The company is reportedly set to switch its focus to cheaper smartphones for emerging markets as it loses more ground to Apple and Samsung.

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