Related topics: net profit · apple · iphone · net income · operating profit

Nokia Q4 profit up as operators switching to 5G networks

Nokia has reported increased fourth-quarter earnings on the back of grown orders from telecom operators of new-generation mobile networks that are expected to be rolled out commercially this year.

Facebook sees higher profits, more friends

Facebook said Wednesday that quarterly profit climbed to an all-time record $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network's image.

Philips underlying 2018 profit higher after lighting sale

Dutch electronics giant Philips said Tuesday its 2018 headline earnings plunged more than 40 percent, reflecting the disposal of its lighting business, but underlying profit rose while sales were steady.

American Airlines warns of delays from shutdown

American Airlines executives warned of significant travel delays if the US government shutdown goes on much longer, but said Thursday that customer demand has not been significantly affected thus far.

SoftBank mobile unit in record IPO but market debut flops

Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.

More belt-tightening at VW to fund electric new start

German car giant Volkswagen said Thursday it is looking for three billion euros ($3.8 billion) in new savings to help fund its pivot towards electric vehicles, adding that it could not rule out job cuts.

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