Analysis, Companies, Hardware, Internet of Things (IoT), Mobile, VR World

GoPro Announces Q4 and Calendar Year 2015 Preliminary Results

It seems that the 2015 results are not that good for GoPro overall. The company released their Q4 and 2015 financial results, giving us an in-depth perspective into their finances. The company expects revenue to be approximately $435 million for the fourth quarter of 2015 and $1.6 billion for the calendar year. Fourth quarter revenue reflects lower than anticipated sales of its capture devices due to slower than expected sell through at retailers, particularly in the first half of the quarter. Fourth quarter revenue includes a $21 million reduction for price protection related charges resulting from the HERO4 Session repricing in December. Non-GAAP gross margin


AMD, Business, Companies, VR World

AMD reports $197 million loss for Q3 2015

AMD’s position alongside Intel in the CPU market and NVIDIA in the GPU market, is an ever declining show of bad timing in the computer world. The recently released financial results for Q3 2015 add more fuel to the doubt that is current AMD sales and revenue overall. Many have questioned the possibility of AMD getting back on track, and, while their newest hardware additions like the AMD R9 Fury are supreme products in their own right, it all may be just a bit too little, too late for them. On the other hand, we are not giving hope on the semi-conductor giant just yet,


Analysis, Apple, Companies, VR World

Tim Cook denies Apple Watch Sales Collaps

Apple Watch

According to Apple Insider, it seems that Tim Cook denied any rumors that Watch sales have collapsed recently. The information was revealed towards the end of Apple’s quarterly conference call for the third quarter of 2015. In this event, Tim Cook seemed eager to avoid any questions in regards to Apple Watch sales and deliveries, thus further fueling debate on the market success for their latest gadget overall. He also revealed Apple Watch sales in June were higher than April or May, an impressive statistic considering overwhelming launch day demand. On the other hand, Apple decided to include Apple Watch among ‘Other’ products in their