Microsoft, Amazon Post Strong Quarterly Results

Tech giants Microsoft and Amazon have posted their financial results for their most recent fiscal quarters: Microsoft saw its profit go up 35 percent compared to a year ago with earnings just over $4 billion, while Amazon saw its profit up 68 percent to just under $300 million on revenue of $7.13 billion. Yet investors seemed to shrug off the strong results, and even the companies themselves tried to deflate speculation of a rapid economic recovery in the technology sector.

microsoft amazon post strong quarterly results  win7 kindle

A good portion of Microsoft’s record third quarter revenue had to do with Windows 7: Microsoft saw its Windows revenue up 28 percent compared the sale quarter last year, and now claims more than 10 percent of all PCs in the world are running Windows 7, making it the fasted-selling operating system to date. “Business customers are beginning to refresh their desktops and the momentum of Windows 7 continues to be strong,” said Microsoft COO Kevin Turner, in a statement.. “We are also seeing tremendous interest in our market-leading cloud services for business.”

For its first fiscal quarter of 2010, Amazon saw its revenue rise 46 percent to $7.13 billion, signaling that customers are still very comfortable spending money with Amazon even in tough economic times. However, Amazon cautioned that its numbers for the current quarter were likely to fall because current analyst expectations: analysts say Amazon should be able to generate around $6.5 billion in revenue, where Amazon is saying a range from $6.1 to 6.7 billion is more realistic—meaning it might not make those analyst forecasts.

Amazon saw revenue from core sales of items like CDs, DVDs, and books, rise 26 percent to $3.43 billion, while revenue from “general merchandise” like electronics and apparel jumped a surprising 72 percent to $3.51 billion. Amazon also said its Kindle ereaders remain its “number one best-selling product,” but again declined to disclose any figures on unit sales. “We remain heads-down focused on customers,” said Amazon founder and CEO Jeff Bezos, in a statement. “Amazon Prime has just celebrated its fifth anniversary, adoption of Amazon Web Services continues to accelerate.”

Mobile

Rekindled yet again, Nokia’s next-gen phones offer more than just nostalgia

HMD Global, a startup that designs and builds Nokia Android smartphones, wants to put the Nokia brand name back “where it belongs.” It helps that it’s made up of ex-Nokia employees. We go behind the scenes to see how HMD formed.
Gaming

Fortnite V-Bucks being used by criminals for money laundering on dark web

Criminals are using Fortnite's V-Bucks for money laundering schemes on the dark web. Epic Games, apparently, is not doing enough to prevent the game from being used for the illegal activity.
Business

Apple banned from distributing some iPhone models in Germany

Apple is following the FTC's lead and has sued Qualcomm for a massive $1 billion in the U.S., $145 million in China, and also in the U.K., claiming the company charged onerous royalties for its patented tech.
Smart Home

Amazon Prime members number more than 100 million in the U.S., survey says

Consumer Intelligence Research Partners estimated there were 101 million U.S. Amazon Prime members as of December 31, 2018. Last April, CEO Jeff Bezos wrote there were more than 100 global million Prime members.
Emerging Tech

Awesome Tech You Can’t Buy Yet: camera with A.I. director, robot arm assistant

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!
Computing

Fix those internet dead zones by turning an old router into a Wi-Fi repeater

Is there a Wi-Fi dead zone in your home or office? A Wi-Fi repeater can help. Don't buy a new one, though. Here is how to extend Wi-Fi range with another router you have lying around.
Computing

Want a Dell laptop with an RTX 2060? Cross the new XPS 15 off your list

The next iteration of Dell's XPS 15 laptop won't come with an option for an RTX 2060, according to Alienware's Frank Azor. You could always opt for a new Alienware m15 or m17 instead.
Computing

Heal your wrist aches and pains with one of these top ergonomic mice

If you have a growing ache in your wrist, it might be worth considering ergonomic mice alternatives. But which is the best ergonomic mouse for you? One of these could be the ticket to the right purchase for you.
Gaming

These are the best indie games you can get on PC right now

Though many indie games now come to consoles as well, there's still a much larger selection on PC. With that in mind, we've created a list of the best indie games for PC, with an emphasis on games that are only available on PC.
Apple

Want a MacBook that will last all day on a single charge? Check these models out

Battery life is one of the most important factors in buying any laptop, especially MacBooks. Their battery life is typically average, but there are some standouts. Knowing which MacBook has the best battery life can be rather useful.
Computing

Always have way too many tabs open? Google Chrome might finally help

Google is one step closer to bringing tab groups to its Chrome browser. The feature is now available in Google's Chrome Canady build with an early implementation that can be enabled through its flag system.
Mobile

Here's how to convert a Kindle book to PDF using your desktop or the web

Amazon's Kindle is one of the best ebook readers on the market, but it doesn't make viewing proprietary files on other platforms any easier. Here's how to convert a Kindle book to PDF using either desktop or web-based applications.
Product Review

Controversy has dogged the MacBook Pro lately. Is it still a good purchase?

The MacBook Pro is a controversial laptop these days -- and that's unfortunate. Due to some divisive changes Apple made to the functionality of the MacBook Pro, fans are more split. Does the 8th-gen refresh change that?
Computing

Worried about your online privacy? We tested the best VPN services

Browsing the web can be less secure than most users would hope. If that concerns you, a virtual private network — aka a VPN — is a decent solution. Check out a few of the best VPN services on the market.