Profit

What is Bitcoin Mining and is it Profitable in 2019?

September 9, 2019
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During 2017, cryptocurrencies, especially Bitcoin, reached the pinnacle of their popularity. All of a sudden, people who you would consider to be the least tech-savvy, started using terms like tokens, ICOs and blockchain on a daily basis. Moreover, Bitcoin became a household name and everyone wanted to get a piece of the action. However, a […]

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How much does Apple make on an iPhone 4S?

July 4, 2012
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iSuppli has checked the components that makes up the newest iPhone from Apple, the “4S” and according to them, the total cost of these components amounts to US$190. And it sells for around $649 in the US, such an iPhone, so a pretty good profit. For comparison, Nokia’s Lumia 900 phone costs $209 to make […]

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Google Keeps Growing – First Fiscal Quarter 2010

April 18, 2010
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“Recession? What recession?” – I bet that’s what the shareholders at Google are saying right now. Google increased their revenue with 23% in the 1st quarter of this fiscal year, compared to last year. The total revenue was 6.77 billion dollars in the first quarter, with a profit of 1.96 billion dollars, an increase of […]

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Apple Q1 2010 Financial Statement: Fantastic Result!

January 26, 2010
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Bad news first: The only bad thing to report from Apple’s Q1 earnings 2010 was a decrease in iPod sales by 8%, but still a total of 21 million iPod’s sold in Apple’s Q1 fiscal year (which is actually Q4 of 2009). The good news: Apple sold 8.7 million iPhones during that quarter, an increase […]

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Apple Makes More Money On Cellphones Than Nokia & I’m Giving Up On My iPhone!

November 19, 2009
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Apple has taken over Nokia, when looking at profit by selling cellphones, according to a recent study by Strategy Analytics. With operating profits in the third quarter of $1.6 billion (estimated by Strategy Analytics), they made more money by Nokia with $1.1 billion. Apple sold 7.4 million iPhones during the third quarter (July-September), generating sales […]

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