News tagged with quarter profit

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Technology / Business

created Jan 25, 2012 | popularity 1 / 5 (4) | comments 2

IBM raises guidance, beats Street estimates

IBM Corp. raised its income guidance for the year on Monday as earnings in the latest quarter increased 8 percent because of growth in all three of its major product categories.

Technology / Business

created Jul 18, 2011 | popularity not rated yet | comments 1

Google ready to open wallet again after stellar 3Q

(AP) -- Google Inc.'s earnings and stock price are soaring again - and so is the Internet search leader's optimism.

Technology / Business

created Oct 16, 2009 | popularity 5 / 5 (3) | comments 2

Amazon, Texas reach deal to settle sales tax spat

(AP) -- Online retailer Amazon.com reached an agreement with Texas officials Friday to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 1

Taiwan's HTC unveils smartphone with powerful camera

Taiwan's HTC on Monday unveiled the smartphones that it said would allow users to "retire" their digital cameras, as it sought to fight back against rivals Apple and Samsung.

Electronics / Consumer & Gadgets

created Mar 26, 2012 | popularity 4.4 / 5 (9) | comments 2

Kindle Fire helps Amazon beat 1Q estimates

(AP) -- Amazon.com Inc. posted first-quarter profits Thursday that blew by analysts' estimates and boosted the company's stock in extended trading. The online commerce giant said its Kindle Fire tablet computer was its best-selling ...

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

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

Siemens abandons profit target after weak second quarter

German engineering and technology giant Siemens warned Wednesday that full-year profits would fall short of original targets following a difficult second quarter.

Technology / Business

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

India's Wipro Q4 profit up 7.7% but forecast muted

India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.

Technology / Business

created Apr 25, 2012 | popularity not rated yet | 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

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

Apple chief says factory labor under scrutiny

Apple chief executive Tim Cook said Tuesday that ensuring safe working conditions at plants making its coveted gadgets is a priority, as an audit of a key supplier continued in China.

Technology / Business

created Feb 14, 2012 | popularity 1 / 5 (3) | comments 2

Intel outlook points to PC industry recovery

(AP) -- Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery for the recession-battered personal computer market ...

Technology / Business

created Jan 14, 2010 | popularity 3 / 5 (2) | comments 1

Apple's squeeze hits phone companies, competitors

(AP) -- Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of ...

Technology / Business

created Apr 23, 2012 | popularity 1 / 5 (3) | comments 1