What is Bitcoin Mining and is it Profitable in 2019?

September 9, 2019

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

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

“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

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

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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