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Toshiba Corp is expected to report a net loss for the last fiscal year and also revise down its fiscal 2011/12 earnings to a loss following an investigation into its accounting practices, the Nikkei reported.
Microsoft’s gaming revenue exceeded US$10bil (RM41,51bil) in fiscal 2018 (which ended June 30), and Xbox Live had more than 57 million monthly active users, the company said during an annual shareholders meeting on Nov 28.
Myntra, part of Indian's biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts and curbing supply-chain costs.
Japan's Nintendo Co Ltd ended the last business year by booking its third straight loss, but said a series of new video games such as Mario Kart 8 would revive sales and return it to profit.
Sprint Corp on May 3 reported a wider quarterly loss and added fewer subscribers than expected, but vowed to cut more than US$2bil (RM7.97bil) in costs in the current fiscal year to stop the red ink.
Indian IT services exports are likely to grow at a slower pace next fiscal year than in the recent past as global clients rein in technology spending, an industry lobby group said.
Apple Inc generated less than half of its total quarterly revenue from sales of the iPhone for the first time since 2012 – a sign the company is entering life beyond its flagship product.
Sony Corp is working around the clock to manufacture its in-demand image sensors, but even a 24-hour operation hasn’t been enough.
Thanks to best-selling (and surprisingly therapeutic) games like Animal Crossing: New Horizons, the Nintendo Switch has become a massive hit during the pandemic. There’s just one problem for Nintendo Co: It can’t make them fast enough.