Samsung’s annual profits continued to decline in 2023

Samsung has failed to recover from sharp drop in profits that he experienced in 2022. In his latest earnings report, the Korean company reported annual revenue of 258.94 trillion KRW ($194 billion) and operating profit of 6.57 trillion KRW ($4.9 billion) for the 2023 fiscal year. These are significantly lower figures than the previous financial … Read more

Microsoft’s gaming revenue is up 49 percent in Q2, mostly thanks to the Activision deal

Microsoft released another report on explosive profits for the second quarter of fiscal 2024, with revenues of $62 billion (up 18% from last year) and profits of $21.9 billion (an increase of 33%). But actually, the most exciting thing about this quarter is that we can finally see how the Acquisition of Activision Blizzard for … Read more