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Amazon reports lower 1Q earnings, higher revenue

Amazon.com Inc.'s net income declined in the first three months of the year even though revenue increased 22 percent, as the online retailer continued to spend heavily on order fulfillment and rights to digital ...

dateApr 25, 2013 in Business
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LG Display logs small profit in Q1 (Update)

South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer ...

dateApr 22, 2013 in Business
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Microsoft profit falls ahead of Windows 8 launch

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers—and as PC sales in general took a dive.

dateOct 18, 2012 in Business
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Viacom 1Q earnings shredded by 'Rock Band'

(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series ...

dateFeb 02, 2012 in Business
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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.

dateJan 31, 2012 in Business
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Microsoft 2Q beats Street despite soft PC market

Microsoft Corp. battled through a weak PC market to post flat earnings in the final quarter of 2011, boosting sales of servers, Xbox games and its Office productivity software while trimming losses at its ...

dateJan 19, 2012 in Business
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