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

Semiconductor giant Infineon upgrades outlook

German semi-conductor maker Infineon on Thursday upgraded its turnover and profits forecast over the next 12 months because of higher demand from the auto industry and cost cuts.

IPhone sales hurt carriers' profits

The iPhone has been a huge hit for Apple Inc., helping send the company's stock to all-time highs and producing record-breaking profits.

Disney CEO seduced by iPad

Walt Disney Co. president and chief executive Robert Iger said Tuesday that Apple's new iPad tablet computer may prove to be a "game changer" for the entertainment and media industry.

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.

Once hot Digg slashes staff by over one-third

Digg, the news-sharing site once one of the hottest destinations on the Web, announced Monday it was cutting over one-third of its staff in a bid to try to be profitable next year.

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