News tagged with quarterly profit

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

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

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

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

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

IBM raises dividend, approves stock buyback

(AP) -- IBM Corp. is raising its quarterly dividend and repurchasing $7 billion more of its stock under a new buyback program.

Technology / Business

created Apr 24, 2012 | popularity not rated yet | comments 0

India's TCS shares surge on upbeat earnings

Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.

Technology / Business

created Apr 24, 2012 | popularity 5 / 5 (1) | comments 0

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

NY Times profit soars on asset sales

The New York Times Co. said Thursday that first-quarter profit jumped sevenfold, boosted largely by the sale of its regional newspapers and shares in a New England sports group.

Technology / Business

created Apr 19, 2012 | popularity not rated yet | comments 0

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

Technology / Business

created Apr 18, 2012 | popularity not rated yet | comments 0

Yahoo! dumping products in turn-around plan

Yahoo! is dumping products along with workers in a quest to return the faded Internet star to glory.

Technology / Business

created Apr 18, 2012 | popularity not rated yet | comments 0

SAP says profits up in first quarter

German software giant SAP said on Friday it was sticking to its full-year targets for 2012 after profits rose in the first three months.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0