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Question by Iron Man’s BFF: What happens to the money movie theaters make off of ticket sales?
I’ve always been told that movie theaters don’t make money off of ticket sales. They make money off of their concession stands and other stuff.
So what do they do with the money they make off of ticket sales?
Best answer:
Answer by Otto Mann
A large percentage of ticket sales goes back to the studio. The theatre keeps some, but it’s a small percentage. That’s why it costs so much to get a drink at the movie theatre: it’s a way bigger source of income for the theatre.
What do you think? Answer below!
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Question by jmac: What is the best residual income producing sales career?
I’m looking to start a career and I’m an excellent salesman, I would like ideas of career paths that produce residual income. Thank you to everyone that contributes.
Best answer:
Answer by Catspaw
Probably insurance. If you become an agent for one of the major car insurers you’ll be rolling in money in no time, with residuals that last forever.
Give your answer to this question below!
Despite becoming the fastest selling gadget of all time in 2010, Microsoft’s Kinect accessory has failed to make its mark in Japan, with sales of the device falling short of the company’s initial expectations on the back of limited demand for its Xbox 360 console in the country, the WSJ reports.
The head of Microsoft’s Japanese videogame business Takashi Sensui told reporters at Tokyo Game Show that the company’s Xbox Live service will be compatible with the upcoming Windows 8 operating system, which could drive demand for its console products and accessories, also noting the limited success of the Kinect:
“To be honest, Kinect’s sales haven’t met our initial expectations in Japan, but we have received good reviews from people who have used it.”
Microsoft has found it difficult to capture the hearts of Japanese gamers, especially as it fights competition from homegrown gaming giants Sony and Nintendo. However, the company has now sold more than 55 million Xbox 360 units worldwide since it launched in 2005, with the Kinect selling more than 10 million units since its launch last year.
To improve its image in the country, Sensui believes Microsoft will need to encompass a greater number of gamers, introducing different ranges of games to appeal to “core gamers” and families alike.
Google’s Android mobile operating system overtook sales of Apple’s iPhone for the first time in Australia, accounting for 42.9 percent of smartphones sold in the country compared to Apple’s 37.2 percent share, according to a new report by Kantar ComTech WorldPanel.
New product launches by HTC and Samsung are thought to have boosted sales, with Samsung Galaxy S II and HTC’s Desire S, Desire Z and Incredible S smartphones launching recently in the country.
Taking into account the last four weeks alone, Android sales accounted for 54 percent of sales in the country, compared with Apple’s 29 percent share, suggesting consumers in Australia are beginning to take advantage of the varying selection of Android handsets available across varying price points. Growth of the sales Australia have now begun to mirror Western Europe and North America as a result.
The survey, which polled more than 10,000 Australian smartphone buyers, has received independent confirmation of sorts, with IDC telecommunications analyst Mark Novosel indicating that the data “definitely makes sense to me”.
However, Apple’s slight sales dip may not indicate a lack of demand for Apple smartphones, Telyste analyst Foad Fadaghi believes the rise in share of Google’s Android platform may only be temporary as consumers hold off buying a new iPhone in anticipation of Apple’s next-generation smartphone dubbed the ‘iPhone 5′. The iPhone 5, expected to launch in October, is said to sport Apple’s new dual-core A6 processor, improved cameras and will feature the new iOS 5 operating system.
Google’s Android share could be impacted should Apple’s legal action against HTC and Samsung affect sales of HTC and Samsung smartphone and tablet sales, with Apple already successfully banned the import and sale of Samsung’s Galaxy Tab 10.1 device in Australia.
Apple could also launch a new lower-priced iPhone, engaging the number of Android smartphone vendors that offer low and mid-range devices directly for the first time.
Taiwan-based smartphone vendor HTC announced on Friday that consolidated sales for the month of July totalled T$ 45.11 billion ($ 1.56 billion), an increase of 83.3% year on year, a new monthly sales record for the company.
The Android and Windows Phone device maker posted a small increase on its June sales, which stood at T$ 45.05 billion ($ 1.55 billion), with sales reaching T$ 24.61 billion a year earlier.
The company has continued to enjoy increased sales thanks to its range of Android and Windows Phone devices. Its Android devices – including the Evo 3D, Sensation and updated Desire S, Incredible and Wildfire smartphones – have helped the company remain as one of the top five biggest smartphone vendors, behind Apple, Samsung, Nokia and RIM.
HTC also announced that it plans to acquire Dashwire for $ 18.5 million. The company is an “industry leading mobile-web connected services platform for mobile operators, device makers and retailers to seamlessly deliver a new generation of real-time consumer, social and device management software services on open mobile phones”.
Dashwire announced in April that it had licensed patents from Intellectual Ventures for defensive purposes. With the company offers mobile and web applications that mobile owners to easily setup and personalize smartphones and tablets, and connect mobile device content across multiple screens and services – HTC may be looking to expand its cloud presence but also align itself with Intellectual Ventures to further protect innovations, particularly in its courtroom fight against Apple.
Apple has stepped up its bid to protect its design patents and innovation on its iPad and iPhone devices after escalating its dispute against Samsung to request a sales ban on sales of the Samsung Galaxy Tab 10.1 in Australia.
Bloomberg reports that Apple has asked an Australian court to block sales of the tablet in the country, accusing Samsung of infringing ten of its patents, including the “look and feel” and the touchscreen technology use in its iPad, said Apple lawyer Steven Burley.
Burley also stated that the company would look to stop Samsung selling its tablet in other countries, although it is not known where.
Apple’s legal action against the Korean smartphone vendor began in April, with the Cupertino-based company stating that Samsung willfully violated patents, committed trademark infringement and exercised unfair competition with its smartphone and tablet devices.
It stated at the time:
It’s no coincidence that Samsung’s latest products look a lot like the iPhone and iPad, from the shape of the hardware to the user interface and even the packaging. This kind of blatant copying is wrong, and we need to protect Apple’s intellectual property when companies steal our ideas.
Apple believes the injunction is necessary because has had “announcements of an imminent launch of the Galaxy Tab 10.1 device ongoing since July 20”. Because the tablet differs slightly from that on sale in the US, Samsung’s lawyer has said the company will provide Apple with the Australian version of the tablet so it can determine whether it will pursue legal action to ban sale of the device.
Samsung lawyer Neil Murray has indicated that the Galaxy Tab 10.1 will go on sale in Australia in “at least a couple of weeks,” suggesting the company may be able to clear the issue with Apple before the device launches.
Sales of smartphones powered by Google’s Android mobile operating system passed 10 million units in South Korea this week, after sales data was released by mobile carriers operating in the country, Yonhap News reports.
Figures put the country’s largest mobile carrier SK Telecom Co. at 6.18 million subscribers with Android devices as of Monday, KT Corp. reports 2.06 million, with the smallest operator claiming 1.86 million.
The combined figures account for around 70% of the country’s smartphone market, which is currently estimated to be 14.1 million subscribers. The rapid rise of Google’s software comes after Samsung, LG and Pantech committed to the platform, overtaking sales of devices powered by Apple’s iOS platform.
KT Telecom reported in April 2011 that it had sold 2.5 million iPhones, but carriers have declined to release their sales numbers to provide an accurate snapshot of the market.
It is believed that Android sales will continue increase on the back of Samsung’s Galaxy S II smartphone, which surpassed one million units sold at the end of May.
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