Nintendo has just published its latest financial report and it's bad news for the popular company. It posted a loss as sales of its Wii U and 3DS consoles crashed as compared to last year.
Q1 2016 RSS
Windows phones now account for just 0.7% of the worldwide smartphone market - down from 2.5% a year ago - and it appears that as few as 100,000 non-Lumia Windows phones were sold in Q1 of this year.
HTC says it lost $148 million last quarter - its fourth quarterly loss in a row - but even more troubling is the massive collapse in its revenue, which plummeted by 64% year-over-year.
Facebook posted its earnings for the first financial quarter of 2016, and the company blew past all the analysts' expectations. It saw startling growth in mobile ad revenue and users.
Google's parent company, Alphabet, announced its latest financial results today. The firm brought in revenue of $20.26 billion; however, Google is responsible for 99% of that total, or $20.09 billion.
Despite reporting record earnings and profits, Apple's Mac sales dropped by 4% year-on-year, while iPad sales plummeted by 25%. iPhone sales growth stalled too, and Apple predicts a fall next quarter.
Microsoft has published its latest quarterly financial results, revealing sizeable declines in phone and Surface revenue, but huge growth for its Azure platform, which more than doubled year-on-year.
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