Japan's NEC revises up profit forecast

Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for iPhones was helping the company.

Activision 3Q earnings soar, 2011 outlook raised

(AP) -- Activision Blizzard Inc. said Tuesday that its third-quarter net income nearly tripled thanks to strong demand for its video games. The company also raised its full-year outlook on the heels of Tuesday's launch of ...

Nintendo's loss swells to $925 mn for first half

Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.

Dutch hi-tech company ASML profits rise

ASML, key global supplier of computer chip-making systems and high-tech bellwether, Wednesday posted record sales for 2011 alongside a fourth-quarter slump of nearly 30 percent in net income.

ASML returns to profit in third quarter, orders up

(AP) -- ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased ...

Nokia sees drop in Q1 earnings, gives cautious outlook (Update)

Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks and a drop in overall revenue despite its acquisition of Alcatel-Lucent. It warned of a further decline ...

Nokia posts $1.2 billion Q1 loss as sales plunge

(AP) -- Struggling cellphone maker Nokia Corp. blamed tougher-than-expected competition, particularly in the smartphone market, for a huge (EURO)929 million ($1.2 billion) net loss in the first three months of the year.

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