News tagged with quarterly 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 shows renewed vigor with robust 4Q results

(AP) -- Google Inc. appears to have regained its financial stride after wobbling through most of 2009.

Technology / Business

created Jan 21, 2010 | popularity not rated yet | comments 0

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

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

Google's slowing ad sales trump record 2Q profit

(AP) -- Google Inc. made more money than ever in the second quarter, even though its revenue growth slowed like never before.

Technology / Business

created Jul 16, 2009 | popularity 5 / 5 (1) | comments 0

'Collapse' in semiconductor demand hits ASML

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

Technology / Semiconductors

created Jul 15, 2009 | popularity not rated yet | comments 0

Yahoo's feeble 1Q triggers nearly 700 more layoffs

(AP) -- Yahoo Inc.'s first-quarter results tread familiar ground as the Internet company's financial erosion triggered another round of layoffs and management promised better days ahead.

Technology / Business

created Apr 21, 2009 | popularity not rated yet | comments 0

Adobe 1Q profit, sales drop, squeezed by downturn

(AP) -- Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in fiscal first-quarter profit and sales Tuesday, squeezed by the economic downturn.

Technology / Business

created Mar 17, 2009 | popularity not rated yet | comments 0

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