Microsoft Bets Big on Surface RT And Loses Big

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In a big gamble on entering both the hardware space and the competitive tablet market with Surface RT (reviewed) and Windows RT, Microsoft announced in its earnings call that it had lost nearly $1 billion as part of that investment. The company reported that it has written off a $900 million loss this quarter alone related […]

Tesla One Deal Away from EV Critical Mass?

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I seem to be talking a lot about Tesla Motors lately. Not without reason, mind you. The company repaid their Department of Energy loan a whole nine years early. They are beating production estimates, selling more cars than they thought they would, and they turned a profit for the first time ever. They have even announced […]

Tesla Outselling Similarly Priced German Sedans

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Tesla Motors’ Model S all-electric sedan is starting to become a bit of a sales sensation. In the past few weeks Tesla has announced the the Model S exceeded sales estimates. Then Tesla announced that they were the plug-in car sales leader in the United States, by beating the Chevrolet Volt in sales. Finally, Tesla then […]

Tesla Motors Posts Profitable Earnings with High-Tech Electric Cars

Tesla Model S

Tesla Motors posted its first profitable quarter providing further proof that there is consumer demand for high-tech, electric cars that look more like a sports car than a family hauler. Tesla Motors announced its quarterly earnings on Wednesday. This is a significant moment for the US-based automaker and the CEO Elon Musk. Profitability is extremely important for a startup business, […]

Tesla Model S Outsells Chevrolet Volt in North America

Tesla Model S

Tesla is having a tumultuous year, legally. They recently won the right to sell their Model S vehicles in New York, but then were denied sales in Virginia. Tesla is gaining ground in Texas, though, with a new factory and model on the line. When it comes to sales though, Elon Musk’s Tesla must be motivated by […]

Tesla In For Service? Receive a Tesla as a Loaner!

Tesla Model S

Is there anything worse than taking your vehicle in for service and receiving a crappy loaner car? Tesla Model S owners won’t have to worry! According to USA Today, Tesla is readying a fleet of 80 Model S loaner vehicles. CEO Elon Musk wants his customers to have top notch service. He plans on providing […]

iPad mini to Bring Down Apple’s Profit Margins

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While customers may complain that Apple’s latest iPad entry, the less expensive entry level iPad mini, is still priced some $130 higher than 7-inch rivals from Google and Amazon, Apple has revealed that its profit margins on the iPad mini is significantly less than the company’s average. In its quarterly earnings call, according to The […]

Sprint CEO Takes Pay Cut for High iPhone Costs

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It looks like AT&T‘s head isn’t the only one to look back at his company’s decision to offer the iPhone as Sprint CEO Dan Hesse was issued a pay cut due to the high price that the carrier has to pay for the handset. As carriers often subsidize handsets to make it cheaper for consumers […]

Apple, iOS More Valuable to Nokia Than Lumia Is In Recent Quarter

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In Nokia’s most recent financial quarter, the company announced a$1.7 billion loss attributed to rapidly declining sales of devices using its Symbian cash cow operating system as the company makes a hard transition to Microsoft’s Windows Phone 7 OS. Nokia had cautioned and analysts had warned before that it will get worse before it gets […]

Apple By The Numbers: iPad Sales Stats for 2011 (AAPL)

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Today at the iPad special event in California Tim Cook kicked off the show in usual Apple style with a recap of the Apple’s success over the past year. Based on the Apple Q1 2012 results we already know that Apple sold 37.4 million iPhones and 15 million iPads in the last 3 months of […]