Apple tops forecasts as pivot to services shows progress
Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant.
Apple delivered stronger-than-expected results Tuesday for the past quarter as gains in services helped offset slumping iPhone sales, sparking a rally in shares of the technology giant.
Business
Apr 30, 2019
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General Electric reported better-than-expected quarterly profits on Tuesday, lifting hopes over its turnaround, even as it signaled a potential hit tied to the Boeing 737 MAX grounding for which it provides engines.
Business
Apr 30, 2019
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European aerospace giant Airbus announced Tuesday its net profit fell sharply in the first quarter, blaming in part its decision to stop building the loss-making A380 super-jumbo.
Business
Apr 30, 2019
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Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market and rising competition.
Business
Apr 30, 2019
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Google parent Alphabet on Monday reported that profit in the first three months of this year sagged under the weight of a hefty antitrust fine in the European Union.
Business
Apr 29, 2019
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Japan's Sony said Friday that robust games and entertainment divisions had pushed annual profits to a second consecutive record high but warned of a looming downturn in its bottom line.
Business
Apr 26, 2019
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Ford reported a drop in first-quarter profits Thursday due in part to restructuring costs, but the company's share price rallied following a strong performance in North America and improved results in Europe.
Automotive
Apr 25, 2019
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Nintendo said Thursday its full-year net profit jumped nearly 40 percent, lifted by strong sales of blockbuster game titles for its popular Switch console.
Business
Apr 25, 2019
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South Korea's SK Hynix, the world's second-largest memory chip maker, saw operating profits plunge more than two-thirds in the first quarter in the face of lower prices, it said Thursday.
Business
Apr 25, 2019
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Facebook said Wednesday its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.
Business
Apr 24, 2019
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