Related topics: net income

BlackBerry slashes jobs in face of $1B 2Q loss (Update)

It was once so addictive it inspired the nickname "CrackBerry." President Barack Obama confessed to being among the millions of devotees who couldn't bear to stop tapping feverishly away on its tiny keyboard. Madonna once ...

Taiwan's Acer, Asus unveil tablets with Windows 8 (Update)

Taiwan PC makers Acer and Asus on Monday took another shot at gaining a foothold in the tablet market, unveiling several new products running on Microsoft's much-anticipated Windows 8 operating system.

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.

Cisco cutting workforce by nine percent

US networking giant Cisco on Monday said it will eliminate 6,500 jobs, cutting its global workforce by nine percent as part of a move to slash its annual operating costs.

EBay profit falls on charges, results beat Street

EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...

CenturyLink 3Q net income falls as expenses rise

(AP) -- Phone company CenturyLink Inc. says its third-quarter net income fell as rising operating expenses related to its April acquisition of larger phone company Qwest overshadowed increased revenue.

Amazon 2Q profit falls but results beat Street

(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.

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