Earnings
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Sony’s PS4 is the Second Best-selling Console of all Time
Sony’s PlayStation 4 has become the second best-selling console of all time, surpassing the original PlayStation, which sold 102.5 million units. Sony said that it sold 2.8 million PS4s this quarter (including the PS4 Pro), on top of the 100 million mark it hit last quarter. That’s down considerably (1.1 million units) from last year, but was enough to…
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BMW CEO Harald Krueger Steps Down Following Weakest Earnings in Years
BMW CEO Harald Krueger is stepping down after a four-year tenure in which the automaker lost its lead in luxury car sales and saw an early head start in electric vehicles evaporate. Friday’s news comes after BMW lost money on its automotive business in the first quarter of the year after the company was hit…