Microsoft receiving $2 Billion in profit from Android every year

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Microsoft’s profit from the smartphone industry should be coming from the Windows Phone platform, or so we thought. Business Insider has obtained information from Nomura analyst Rick Sherlund, who claims that patent royalties on the Android market made by Microsoft brings a massive $2 ...

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LG snags $2.75B in mobile revenue despite less profitable devices

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LG’s recent posting of their Q3 financial results are in, and they’re proving to be positive. As a whole, LG has pulled in $12.51 billion in revenues, which brings their money train to a total of $196.35 million in operating profit – a number that’s up 27% year-over-year ...

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HTC closes South Korea office due to slow sales, Samsung hurting profits

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  HTC has announced that they will be closing their office in South Korea. The company recently showed slow sales in the country, thanks to Samsung. According to analysts, HTC has dropped to a measly 1% market share in SK during the first quarter, which is down from a mere 2% in 2011. One ...

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Motorola Reports Earnings Boost, Gives Android Credit

Motorola reported its biggest profit in 3 years in the 3rd Quarter of 2010. Motorola credits Google’s Android powered smart phones for the jump in sales. Motorola’s mobile division rose by 20 percent from just a year ago thanks to the new Droid 2 and Droid X. Motorola shipped out 3.8 million ...

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