Items tagged with billion

One billion. That's the amount of dollars that the Cash For Clunkers program devoured in just a week. That's also the amount of dollars you likely wish you had. And believe it or not, that's the amount of times Mozilla's Firefox browser has been downloaded since its inception in 2004. Just as July drew to a close, the one billionth download of what's likely the web's most soaring browser in terms of popularity took place. As we detailed in our review of Safari 4, Firefox holds a special place in the hearts of Web browsers (people, not software) because of the massive library of add-ons and plug-ins available. Everything from in-browser blog tools to performance meters can be downloaded gratis,... Read more...
MySpace Music was expected to be successful, but this successful? It was launched at 12 AM EDT on Sept. 25th, and despite that short period of time, it has already streamed over a billion songs (and yes, we have contributed to that streaming). In comparison, (though obviously not fair as iTunes is a pay service, while MySpace Music streams for free) it took Apple nearly 3 years, from April 28, 2003 to February 23, 2006, for its one billionth music download. MySpace hasn't provided info such as username, song played or the like, but it did say the following: We’re extremely pleased with the launch of MySpace Music—clearly our users around the world are engaged and excited about the new music experience... Read more...
It's an obvious statement that mobile messaging is growing, but some recently released numbers from VeriSign indicate just how fast mobile messaging is growing and how it is generating staggering revenue for mobile service providers. You might be familiar with VeriSign as the company behind secure networking solutions for SSL, identity authentication, and domain name services. Perhaps less known is that VeriSign also manages mobile messaging networks that serve "more than 600 carriers and reach over 2.4 billion wireless subscribers... It powers inter-carrier mobile messaging for seven of the top ten wireless carriers in North America and other major operators throughout the world."  Credit:... Read more...
For the month of May, comScore reports that U.S. users watched over 12 billion videos over the Internet--a 45 percent increase in the number of videos viewed online a year ago. Not surprisingly, YouTube garnered the lion's share with almost 35 percent of May's videos viewed online--that's roughly 4.1 billion YouTube videos watched just in the month of May."Nearly 142 million U.S. Internet users watched an average of 85 videos per viewer in May. Google Sites [mostly from YouTube] also attracted the most viewers (83.8 million), who watched an average of 50 videos per person. Fox Interactive attracted the second most viewers (60.8 million), followed by Yahoo! Sites (40.2 million) and Microsoft Sites... Read more...
Analysts at Gartner have estimated that there are already one billion computers in use worldwide right now. That's a big number, but it's the estimated rate of growth in PC ownership that jumps off the page in their report -- 12 percent a year. That means by 2014, they estimate two billion people worldwide will be able to leave bizarre comments on YouTube videos or press the autosum button on a spreadsheet. “Whereas mature markets accounted for just under-60 percent of the first billion installed PCs, we expect emerging markets to account for approximately 70 percent of the next billion installed PCs,” says Gartner research vice president Luis Anavitarte. The firm cites the explosive expansion... Read more...
There should be no doubt as to whether the engineers at HP dream in black-and-white or in color. The question should be: How many colors do they dream in? The answer: over one billion. That's how many colors HP's new DreamColor LP2480ZX LCD is capable of displaying: "The HP DreamColor Display features a new liquid crystal display (LCD) that provides a range of more than 1 billion colors in a 30-bit, LED-backlit display. The display is now shipping worldwide for a U.S. list price of $3,499."Three and a half grand might seem pretty steep for a display, but for a number of professional-level, color-accurate-critical applications, the level of accuracy that the price buys is truly mission critical:... Read more...
Grand Theft Auto IV sold six million copies in its first week alone, netting $500 million for its publisher, Take-Two Interactive. That's even better than the wildest estimates by industry pundits, and probably will make Electronic Arts' bid to purchase Take Two a whole lot more expensive. The significance of the sales extends beyond buoying Take-Two, a company that has had its share of legal, financial and management struggles in the last few years. The company is the subject of a $2 billion hostile takeover effort by Electronic Arts, which is offering Take Two shareholders $25.74 a share for control of the company. If Take-Two can exceed sales expectations on Grand Theft Auto IV, it has the... Read more...
$986 million to be more precise. Why so much? It's the last one. That's the projection for the cost to Toshiba to close up shop and retool its production line to make something else. It's the final chapter for Toshiba's ill-fated attempt to offer its HD DVD alternative to Sony's Blu-ray high-definition disk player. Toshiba still turned a profit for their full fiscal year, although it was much smaller than anticipated, and that helped drive its stock price substantially lower after the report of the price tag for HD DVD funerary expenses hit the wires. The report came from the Nikkei Business Daily, not directly from Toshiba. What's Toshiba have to say about it?"We did not announce this, and therefore... Read more...
The answer of course is Intel's upcoming Itanium brand CPU codenamed Tukwila.While we tend to focus a lot of our attention on the desktop market, we cannot help but be impressed by server CPUs when we hear figures like 2 billion transistors or 30 MB of on-die cache that make up a good portion of those transistors.  “The new Itanium processor will be built on the company’s 65-nanometer manufacturing process and will also be one of the first Intel chips to use the company’s QuickPath interconnect technology—an integrated memory controller. (Advanced Micro Devices already uses an integrated memory controller with its x86 Opteron processors.)”Perhaps the most overlooked benefit of using Intel's... Read more...
The huge quarter marks the first time that a GPU company crossed the $1 billion USD threshold in a quarter.The Santa Clara, Calif., company rang up $1.12 billion in sales in the three months ended October 28, a 19% sequential increae that crushed the company's own guidance of 5% to 7% growth as well as Wall Street's expectation of $1.01 billion. The booming demand for graphics processors appears to have surprised Nvidia, which had cautioned that business might begin to cool in the third quarter. Not only that, NVIDIA raised its outlook for the current quarter, with the stock rising 8.1%, or $2.76, to $36.60 in extended trading Thursday.  This occurred despite the huge sell-off in tech stocks... Read more...
Will Poole is tasked with leading Microsoft's push into emerging markets like China, South America, and Africa. His job is simple, really: Find Microsoft another billion computer users. He outlined his approach in a question and answer meeting, touching on interesting approaches to get technology to very poor and isolated places, including making a workable computer out of readily available electronic devices.(Q.) How close is that to being a product? You take the phone that people are already getting, hook it up to the TV they already have and you've got a computer. The phones that we use today in the U.S. certainly are capable of that from a technology perspective. How close is that? Poole:... Read more...
Advanced Micro Devices, Inc. Closes $1.5 Billion Offering of 5.75% Convertible Senior Notes due 2012 SUNNYVALE, Calif – August 14, 2007 --Advanced Micro Devices, Inc. (NYSE:AMD) today announced the closing of its offering of $1.5 billion aggregate principal amount of 5.75% Convertible Senior Notes due 2012. The notes were privately offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. AMD received net proceeds from the offering of approximately $1.48 billion after deducting discounts, commissions and estimated offering expenses. AMD used the net proceeds, together... Read more...
Apple recently made an announcement that its iTunes online music service has reached the 3-billion-downloaded-songs mark. In fact, Apple’s iTunes Store recently outshined both Amazon and Target and took the number three spot in the list of America’s largest music retailers. Apple’s vice president of iTunes, Eddy Cue, stated, “‘We’d like to thank all of our customers who have contributed to this incredible milstone.’” Some may feel that the 3 billion mark isn’t such a big deal. After all, iTunes was started about many years ago, and at 99 cents per song, the revenues generated would be a little under $3 billion over a period of about 6 years. On the other hand, we shouldn’t forget that iTunes... Read more...
Intel Second-Quarter Revenue $8.7 Billion Revenue $8.7 Billion, up 8 Percent Year-over-Year Operating Income $1.35 Billion, up 26 Percent Year-over-Year Net Income $1.3 Billion EPS 22 cents SANTA CLARA, Calif., July 17, 2007 – Intel Corporation today announced second-quarter revenue of $8.7 billion, operating income of $1.35 billion, net income of $1.3 billion and earnings per share (EPS) of 22 cents. The results include tax items that increased EPS by approximately 3 cents along with restructuring charges... Read more...
Advanced Micro Devices, Inc. to Offer $1.8 Billion of Convertible Senior Notes SUNNYVALE, Calif. - April 23, 2007 - Advanced Micro Devices, Inc. (NYSE:AMD) today announced its intention to offer, subject to market and other conditions, $1.8 billion aggregate principal amount of Convertible Senior Notes in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Under certain circumstances, the notes are convertible into cash up to the principal amount and into shares of AMD's common stock with respect to any conversion value above the principal amount. The interest rate, conversion price and other... Read more...
Intel First-Quarter Revenue $8.9 Billion Operating Income $1.7 Billion EPS 27 cents SANTA CLARA, Calif., April 17, 2007 – Intel Corporation today announced first-quarter revenue of $8.9 billion, operating income of $1.7 billion, net income of $1.6 billion and earnings per share (EPS) of 27 cents. The results included the effect of a $300-million reversal of previously accrued taxes that increased EPS by approximately 5 cents. "The strong momentum of our industry-leading Intel Core microarchitecture product family, combined with ongoing structural cost improvements, delivered solid financial results in the first quarter,"... Read more...
You've already read five hundred articles announcing the death of the music CD business. You'll probably read five hundred more. Slate examines the music obituary page, and determines it's just the people that want to sell you an overpriced disc filled with music you don't want from a store with huge overheads that are holding the lilies. There's plenty of money for people with an up-to-date approach to retail. Legacy music retailers and manufacturers now face many of the same difficulties as American auto companies. They built a business infrastructure - national chains, huge outlets in high-profile locations, layers of management - predicated on selling massive and... Read more...
The case is long from settled, and there will likely be a littany of appeals and countersuits, but Alcatel-Lucent won the first round in their legal battle against Microsoft and has been awarded a $1.52B (that's Billion) settlement. "A U.S. federal jury found that Microsoft Corp. infringed audio patents held by Alcatel-Lucent and should pay $1.52 billion in damages, the No. 1 software maker said Thursday. Microsoft said it plans to first ask the trial judge to knock down the ruling and will appeal if necessary. It said the verdict is unsupported by the law and that it had already licensed the technology in question from Germany's Fraunhofer."... Read more...
Intel Fourth-Quarter Revenue $9.7 Billion Operating income $1.5 billion EPS 26 cents Record microprocessor and flash unit sales Record mobile and server microprocessor revenue SANTA CLARA, Calif., Jan. 16, 2007 - Intel Corporation today announced fourth-quarter revenue of $9.7 billion, operating income of $1.5 billion, net income of $1.5 billion and earnings per share (EPS) of 26 cents. Excluding the effects of share-based compensation, the company posted operating income of $1.8 billion, net income of $1.7 billion and EPS of 30 cents. Fourth-quarter results included a gain from the sale of certain assets of the company's communications and application processor business to Marvell Technology... Read more...
Verizon is burying FIOS lines to houses as fast as they can for their customers on the Northeastern seaboard. And they're beginning to offer download speeds that just might make their investment in broadband service infrastructure pay for all that digging --up to 50 megabits per second: Hungry for broadband content, I noticed that Verizon shrewdly rented space next to the press room, also known as the feed lot. Its exhibit displayed all the services and content available thanks to its ridiculously fast Fios fiber-to-the-home broadband service. It starts at $40 per month for 5.2 megabits per second, but it can go as high as $179 a month... Read more...
Intel was wandering around the world with a billion dollars burning a hole in their pocket, looking for a place to build a semiconductor factory. My, how times have changed. Intel could have selected any country to build its largest chip assembly and testing plant. But the world's biggest semiconductor company decided to make the $1 billion investment in a relative newcomer to the high-tech game - Vietnam. Intel announced earlier this month it would more than triple its initial investment to expand the planned factory in southern Ho Chi Minh City from 150,000 to 500,000 square feet. It is expected to begin operations in 2009 and could employ... Read more...
SAN JOSE, Calif. - (BUSINESS WIRE) - November 2, 2006 - "Worldwide sales of semiconductors in September once again achieved a new high as electronic equipment manufacturers geared up for the fourth-quarter holiday season," said George Scalise, president of the Semiconductor Industry Association (SIA). "Global chip sales rose to $21.4 billion, an increase of 9.3 percent from September 2005, and a 4.2 increase from the $20.5 billion reported in August 2006. Strong demand for consumer products, including cell phones, MP3 players, and personal computers were major drivers of increased chip sales." Global semiconductor sales in the third quarter of 2006 were $64.1 billion compared... Read more...
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