Today during the company's Q3 earnings call, Amazon CFO Tom Szkutak predicted record sales of Kindle and Kindle Fire products. He also said that since much of the profit from...

Read More: Amazon predicts record Kindle sales, but says revenue will lag behind

Microsoft has reported its earnings for its first fiscal quarter. Revenue totaled some $17.37 billion, a 7% increase year over year. Operating income totaled $7.2 billion, with net income clocking...

Read More: Microsoft reports first-quarter revenue of $17.37 billion, up 7%

Distimo, the app store market tracking service, continues to reveal the importance of the freemium model. Free app downloads have grown 34 percent since 2010 in contrast to paid app downloads which grew by 7 percent. In the past the firm also reported a 10x growth in freemium revenue from top releases on the App Store. 

Read More: 72 Percent of iPhone App Revenue Comes from Apps Featuring In-App Purchases

Google has released it's Q3 earnings statement, ahead of a conference call (embedded below) referencing the same. We'll be fleshing out the finer points once the call starts, but here's what...

Read More: Google crushes Q3 estimates, $9.72 bn in revenue, $42.6 bn cash on hand

Just a year ago when people mentioned social games, it was a synonym for Facebook games. Fast forward today, Viximo's latest report entitled ‘Beyond Facebook' claims that all the other social networks, that comprise 70 percent of social networking traffic in the world, bring in more gaming revenue combined. More after the jump.

Read More: Is The Majority of Social Gaming Revenue Coming From Outside Facebook? Report Says Yes.

It's your mid-year Facebook revenue update; When we last spoke DST and Goldman Sachs' investment in Facebook has brought to light some interesting revenue numbers, namely that Facebook had a net income of $200 million in 2009, on a revenue of $777 million. While the Goldman documents did not give numbers for all of 2010, analysts and reports held that Facebook's income for the year could have been as high as $2 billion, with a net income of $600 million.

Read More: Report: Facebook Revenue Was $1.6B In First Half Of 2011, Net Income $500M

Reuters reports that Facebook's revenue for the first half of 2011 hit $1.6bn, with its Net income falling just short of $500 million.Reuters' source chose to remain anonymous, given that Facebook is still a private company and doesn't publicly disclose its financial details.This is a developing story, please refresh for updates…

Read More: Facebook's revenue reportedly hits $1.6bn in first half of 2011

The ability for developers to deliver free apps with in-app purchasing always seemed like a good model to me. Flurry took a reasonable investigation model (looking at the top 100 grossing games from January to June 2011) and derived interesting results that supports what had just been an opinion on part supported by anecdotal information.Free-to-play Revenue Overtakes Premium Revenue in the App StoreIn the relatively short recent time span, Flurry found that the model had flip-flopped with respe [...]

Read More: Flurry: Free Games Generate More Revenue Than Paid Games (seasonal component?)