News tagged with net profit

Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly ...

dateJan 31, 2013 in Business
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United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

dateJan 23, 2013 in Business
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Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

dateJan 18, 2013 in Business
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Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

dateJan 11, 2013 in Business
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Infineon cuts costs as revenue falls

Semiconductor maker Infineon Technologies AG says it will cut back on investment plans and introduce short-time working as global economic uncertainty weighs on demand and revenue.

dateNov 14, 2012 in Business
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Taiwan bourse investigates HTC share surge

Taiwan Stock Exchange said Tuesday it was investigating a sudden surge in the share price of leading smartphone maker HTC before it had announced a patent settlement with US technology giant Apple.

dateNov 13, 2012 in Business
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