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LG Post Record Q1 Appliance Profit, Mobile Slumps

Roma Christian May 1, 2019 No Comments

LG’s loss-making mobile business has impaired record Q1 home appliance profit and revenues, notching a 20.8% decline in company net profit. For three months to March 31, the Korean giant…

Breville ANZ Post $124M FY Revenue

Roma Christian April 30, 2019 No Comments

Small home appliance manufacturer, Breville, has reported a 24% revenue lift in the last three years, with its ANZ division generating $123.9 million within FY18. Breville ANZ notched second place…

BREAKING: Samsung Profits Tumble 57%

Jack Gramenz April 30, 2019 No Comments

Samsung has reported a 57% decline in profit, reaching its lowest level since the third quarter of 2016. The Korean manufacturer reported a net profit of 5.04 trillion won (US$4.4…

BREAKING NEWS: JB Hi Fi Sales Slow, Underperforming Brands Face Being Dropped

David Richards April 30, 2019 No Comments

JB Hi Fi has given the first indication that sales of consumer electronics are softening in a presentation at today’s Macquarie Equities Conference. CEO Richard Murray said that JB Hi…

LEAK: Is This The New Motorola Razr?

Jack Gramenz April 30, 2019 No Comments

Leaked images purporting to be the rumoured revival of the Motorola Razr have surfaced online. Rumours of the Razr remake began circulating following a patent submission in December of last…

Macquarie Move To Sack Staff & Close Equities Operation

David Richards April 30, 2019 No Comments

Macquarie spin doctors have failed to reveal that the Australian Company that will today hold their annual Macquarie Equities gab fest is moving to sack staff and close down one…

Anker Opens Australian E-Store

Roma Christian April 29, 2019 No Comments

Tech accessories manufacturer, Anker, has officially opened its new Australian e-store, featuring a slew of chargers, power banks, speakers, dash mounts and more. Spotted by Ausdroid the site also stocks Anker…

Microsoft Join Apple In Trillion Dollar Club

Roma Christian April 29, 2019 No Comments

Microsoft has pushed past the trillion dollar market cap for the first time – the third tech company to do so – following strong cloud, electronics and software earnings growth.…

ACCC: Aussies Swindled Nearly Half A Billion

Jack Gramenz April 29, 2019 No Comments

Australians were scammed out of almost half a billion dollars last year according to new figures released by the Australian Consumer & Competition Commission (ACCC). The Targeting Scams Report, released…

Nintendo Shares Plummet, No Date For New Switch

Orlaith Costello April 29, 2019 No Comments

Following the release of disappointing forecast numbers and the announcement that the new Switch console will not be showcased at this year’s E3, Nintendo shares fell as much as 5 per…