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

Chip growth leads Samsung to another record profit

Samsung Electronics Co. reported another record quarterly profit as a revival in its semiconductor business and strong shipments of cheaper handsets offset flat sales of high-end smartphones.

Apple's next big thing may be lower-priced iPhone (Update)

Apple's much-anticipated update to its line-up of iPhones may leave the impression that the technology pioneer's focus has shifted to making more affordable products than engineering innovative breakthroughs.

Yahoo shares gain as it tops Web traffic

Yahoo shares powered higher Thursday after a survey showed the struggling Internet giant topped a survey for US Web visitors for the first time since 2011.

RIM 'paid Nokia 50 mn euros' for patents

BlackBerry maker Research in Motion (RIM) paid rival Nokia 50 million euros ($65.8 million) to settle a patent dispute, the Financial Times reported on Thursday, citing US regulatory filings.

Foxconn says cannot meet demand for iPhone 5

Taiwan's Foxconn has admitted that it cannot meet strong demand for Apple's new iPhone 5 due to difficulties in building the gadget, as investors grow concerned about the US giant's future earnings.

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