Related topics: net profit · apple · iphone · net income · operating profit

Airbus profits plunge, blames scrapping of A380

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.

Samsung Electronics hit with quarterly profit slump

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.

Sony logs record profits, warns of headwinds to come

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.

Ford shares surge as US pickup sales stay strong

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.

SK Hynix profits slump 69% in first quarter

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.

Privacy fine set-aside dents Facebook's profit

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.

page 6 from 40