News tagged with operating profit

Sony more than doubles net loss forecast to $6.4 bn

Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.

Technology / Business

created Apr 10, 2012 | popularity not rated yet | comments 0

Logitech pulls plug on Google TV set-top boxes

Logitech has pulled the plug on Google TV set-top boxes, saying consumers just aren't ready for the device which merges television and the Internet.

Electronics / Consumer & Gadgets

created Nov 11, 2011 | popularity 1 / 5 (1) | comments 2

Nokia to launch Microsoft platform phones in 2011

Finnish handset maker Nokia Corp. plans to introduce its first mobile phones using the Microsoft Windows operating system this year, the company's chief executive said Tuesday.

Technology / Business

created Jun 21, 2011 | popularity not rated yet | comments 0

More Sony websites hacked, 8,500 Greek accounts hit

Sony on Tuesday said its websites in three countries had been hacked with 8,500 Greek user accounts compromised, in a blow to efforts to restore confidence after a huge data breach affecting millions.

Technology / Business

created May 24, 2011 | popularity 4 / 5 (1) | comments 1

Nintendo announces new console but profit dives

Nintendo said on Monday it would release a new console next year to succeed its popular Wii, as it reported earnings slumped due to the strong yen and its 3D handheld player came too late to give a lift.

Technology / Business

created Apr 25, 2011 | popularity not rated yet | comments 5

Mixed feelings about Sun setting in Silicon Valley

(AP) -- If IBM Corp. had managed to buy longtime rival Sun Microsystems Inc., it might have been as incongruous as waking up to a big blue sun.

Technology / Business

created Apr 20, 2009 | popularity not rated yet | comments 0

Toshiba shares jump as it drops Japan TV operations

Toshiba shares surged almost six percent Thursday after saying it had stopped making televisions in Japan where a strong yen has hurt exports as slow demand and falling prices also ate into earnings.

Technology / Business

created May 17, 2012 | popularity not rated yet | comments 0

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 0

Smartphones fuel Samsung profit to record

(AP) -- A surge in Galaxy smartphone sales fueled earnings at Samsung Electronics to a record high in the first quarter, usually a tough season for the global consumer electronics industry, outshining handset ...

Technology / Business

created Apr 27, 2012 | popularity 5 / 5 (2) | comments 0

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.

Technology / Business

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

Sales of handset arm lifts Sweden's Ericsson in QI

(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...

Technology / Business

created Apr 25, 2012 | popularity 5 / 5 (1) | comments 0

SAP says profits up in first quarter

German software giant SAP said Wednesday it was sticking to its full-year targets for 2012 after net profit rose 10 percent in the first three months.

Technology / Business

created Apr 25, 2012 | popularity not rated yet | comments 0

Smartphone maker HTC posts 70 percent profit drop

(AP) -- Taiwan smartphone maker HTC Corp. reported a 70 percent drop in first quarter profit as it faces keener competition from Apple Inc. and Samsung Electronics Co.

Technology / Business

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

Moody's downgrades Nokia's rating, keeps negative outlook

The international ratings agency Moody's downgraded on Monday its ratings for the Finnish telephone maker Nokia owing to poor prospects for future sales.

Technology / Business

created Apr 16, 2012 | popularity not rated yet | comments 0

SAP says profits up in first quarter

German software giant SAP said on Friday it was sticking to its full-year targets for 2012 after profits rose in the first three months.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0

Profit (accounting)

Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.

A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.

For more information about Profit (accounting), read the full article at Wikipedia.
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