Tag: financials
Ford commits $29 billion to electric and autonomous vehicle development
Ford will invest $29 billion in electric and autonomous vehicles through 2025, more than double the $11.5 billion it promised through 2022 less than a year ago, the automaker announced. Of that, it will spend $7 billion on self-driving tech and $22 b… Source
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Sony has already sold more than 4.5 million PS5s
Sony never seemed to have enough PlayStation 5 stock since it launched, but still managed to sell 4.5 million of the consoles in 2020 — matching PS4 sales during that console’s 2013 launch quarter. Combined with sales of 1.4 million PS4 units, Sony’s… Source
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The Nintendo Switch just had its best quarter yet
Nintendo sold 11.57 million Switch consoles last quarter, bringing lifetime sales to 79.87 million. That’s a seven percent increase on the same period last year, and, more impressively, the Switch’s best quarter to date. Not bad for a console that’s… Source
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Netflix grows to over 200 million subscribers globally
As the company predicted, Netflix has topped 200 million subscribers, reporting (PDF) 203.66 million paying customers worldwide. Netflix also noted that its original TV shows accounted for nine of the top ten most Google’d series in 2020.Netflix also… Source
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Samsung’s quarterly profit is up 58 percent from last year
Samsung’s guidance for its Q3 earnings is in, and the company expects an operating profit of $10.6 billion. That’s up 58 percent from the year before. A detailed breakdown will come later, but Reuters reports analysts who suspect that higher mobile p… Source
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Nintendo Switch hardware and software sales exploded over spring
The first quarter of Nintendo's financial year is usually a quiet one. Switch sales dip to their lowest point and tentpole releases are scarce. Not this time, though. The company sold 5.68 million Switch consoles in the three-month window leading up… Source
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