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LG Electronics returns to profit on mobiles, TVs

(AP) -- LG Electronics Inc. posted its first profit in three quarters, beating expectations thanks to a revival in its mobile business and demand for high-end TVs.

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created Apr 25, 2012 | popularity 5 / 5 (2) | comments 0

Apple trumps expectations, sells 35M iPhones in 2Q

(AP) -- Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.

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created Apr 24, 2012 | popularity 1 / 5 (4) | comments 0

Nokia posts $1.2 billion Q1 loss as sales plunge

(AP) -- Struggling cellphone maker Nokia Corp. blamed tougher-than-expected competition, particularly in the smartphone market, for a huge (EURO)929 million ($1.2 billion) net loss in the first three months ...

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created Apr 19, 2012 | popularity not rated yet | comments 1

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

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created Apr 18, 2012 | popularity not rated yet | comments 0

Nokia lowers profit outlook, shares nosedive

(AP) -- Nokia Corp. saw its share price plummet 14 percent on Wednesday after it warned that heavy competition will hit its first-quarter earnings, especially in developing markets, and that it expected no ...

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created Apr 11, 2012 | popularity 4 / 5 (1) | comments 0

HP CEO pleads patience as earnings fall 44 pct

(AP) -- Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's ...

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created Feb 22, 2012 | popularity not rated yet | comments 0

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

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created Jan 31, 2012 | popularity not rated yet | comments 0

Japan's Fujitsu hit by third-quarter loss

Japanese high-tech giant Fujitsu plunged into a net loss for the three months to December, it said Tuesday, as it slashed its full-year sales and profit forecast.

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created Jan 31, 2012 | popularity not rated yet | comments 0

Japan's Fujifilm seeks tie-up with Olympus

Japanese film and camera maker Fujifilm has offered scandal-hit Olympus a capital and business tie-up, it said Monday as it announced a slump in third-quarter profits.

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created Jan 30, 2012 | popularity not rated yet | comments 0

Apple doubles iPhone sales in 1Q (Update)

The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales.

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created Jan 24, 2012 | popularity 1.8 / 5 (5) | comments 1

Dutch hi-tech company ASML profits rise

ASML, key global supplier of computer chip-making systems and high-tech bellwether, Wednesday posted record sales for 2011 alongside a fourth-quarter slump of nearly 30 percent in net income.

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created Jan 18, 2012 | popularity not rated yet | comments 0

Samsung tips record Q4 operating profit of $4.5bn

Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.

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created Jan 06, 2012 | popularity not rated yet | comments 0

SK Telecom makes final bid for Hynix stake: report

South Korea's top mobile carrier SK Telecom has submitted a final bid to buy a controlling stake in Hynix Semiconductor, the world's second-largest memory chip maker, a report said Thursday.

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created Nov 10, 2011 | popularity not rated yet | comments 0

Activision 3Q earnings soar, 2011 outlook raised

(AP) -- Activision Blizzard Inc. said Tuesday that its third-quarter net income nearly tripled thanks to strong demand for its video games. The company also raised its full-year outlook on the heels of Tuesday's launch of ...

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created Nov 08, 2011 | popularity not rated yet | comments 0

Nintendo's loss swells to $925 mn for first half

Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.

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created Oct 27, 2011 | popularity not rated yet | comments 0