News tagged with quarter profit

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Wipro profit up better than expected 24 percent

Wipro reported September quarter profit of 16.1 billion rupees ($300.6 million) Friday, an increase of 24 percent in rupee terms, as customers in Europe turned to outsourcing to cut costs and growth begins to return to the ...

dateNov 02, 2012 in Business
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Wipro hives off non-IT businesses, stock gains

(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.

dateNov 01, 2012 in Business
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Samsung logs record high profit in 3Q

(AP)—Strong sales of Galaxy phones propelled Samsung's quarterly profit to a record high, but its shares dropped Friday on the prospect its growth will slow in an increasingly crowded smartphone market.

dateOct 26, 2012 in Business
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SAP sales rise, company boosts outlook

(AP)—Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing ...

dateOct 24, 2012 in Business
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LG Electronics post profit on smartphone sales

(AP)—South Korean consumer electronics maker LG Electronics Inc. reported a third straight quarterly profit on Wednesday as sales of smartphones designed for faster wireless networks helped end losses at its mobile phone ...

dateOct 24, 2012 in Business
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Samsung: Apple trying to limit consumer choice

(AP)—Samsung on Saturday accused Apple of resorting to litigation in an effort to limit consumer choice after the iPhone maker said it was seeking to stop the sale of Galaxy S III smartphones in the United States.

dateSep 01, 2012 in Business
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