The co-CEO of business software maker SAP says its push into cloud computing is starting to make money—and predicted it would reach profits that rival or exceed those of its traditional business.
German software giant SAP said Friday it is standing by its forecast fpr double-digit increases in both sales and profits this year after a "solid" first quarter.
Shares in Indian outsourcing giant Infosys dived Friday after it issued a disappointing growth forecast and warned of global challenges, sparking worries about other firms in the flagship sector.
Samsung Electronics Co. said its operating profit last quarter rose 53 percent over a year earlier, outpacing expectations for what's normally a slow time for consumer electronics sales.
Research In Motion Ltd., once written off as dead amid fierce competition from more modern mobile devices such as the iPhone, surprised Wall Street Thursday by returning to profitability and shipping more BlackBerry 10 phones ...
(AP)—Chinese portal Sina Corp.'s quarterly profit tumbled 75 percent on relatively small revenue for its microblog service.
The New York Times Company said Thursday that its income from readers and subscribers overtook that of advertising for the first time in 2012, as the media group reported a boost in profits.
Vestas, the world's top wind turbine maker, said Wednesday it was seeing the fruits of an extensive restructuring programme as it announced an annual loss but said quarterly sales were higher.
Royal KPN NV, the largest telecommunications company in the Netherlands, said Tuesday it plans to issue €4 billion ($5.4 billion) in new shares to regain financial stability after a bad year that finished with the company ...
Baidu Inc., which operates China's most popular search engine, said Tuesday its quarterly profit rose 36 percent as an economic rebound helped to boost advertising spending.