News tagged with quarter profit

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How Apple's phantom taxes hide billions in profit

On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the ...

Jul 23, 2012
4.4 / 5 (16) 20

Apple 'considering investment' in Twitter

Computer and smartphone maker Apple has been discussing with social media company Twitter the possibility of making a significant investment in it, The New York Times reported.

Jul 28, 2012
1.9 / 5 (14) 1

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 ...

Sep 01, 2012
4.3 / 5 (6) 16

Galaxy phones drive Samsung to record profit again

(AP) — Samsung, the world's largest technology company by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals at a challenging time ...

Jul 27, 2012
5 / 5 (3) 0

Apple shares close over $500 (Update)

Apple's stock Monday topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.

Feb 13, 2012
2.6 / 5 (5) 0

Indian outsourcers 'employ 100,000 in US'

India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.

Mar 23, 2012
3 / 5 (4) 2

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 ...

Apr 27, 2012
5 / 5 (2) 0