Related topics: net profit ยท profit

Parent of Taiwan's Foxconn reports profit drop

The parent of Taiwan technology giant Foxconn, which makes iPads and iPhones for Apple, said Monday its third-quarter profit dropped, with analysts pointing to the cost of moving factories in China.

Samsung 3Q profit slides 23 percent

(AP) -- Samsung Electronics said quarterly profit slid 23 percent as weaker demand for flat panels and computer chips offset booming smartphone sales that were estimated to have surpassed those of industry pioneer Apple.

Baidu profit up 80 percent, forecasts more growth

(AP) -- Baidu Inc., which operates China's most popular search engine, said Friday its latest quarterly profit jumped 80 percent as strong growth in usage of its site helped to drive advertising revenue higher.

India's TCS announces 14.7% Q2 profit jump

India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.

SAP profits up strongly in third quarter

German software giant SAP said Friday its profits more than doubled in the third quarter thanks to strong sales and lower legal costs related to litigation with arch-rival Oracle.

India's Infosys Q2 profit up near 10%, shares jump

Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.

Oracle's net rises 36 percent, but servers slip

(AP) -- Stronger spending on business software helped Oracle Corp.'s quarterly profit jump 36 percent, but the company's server business further deteriorated, a decline Oracle attributed to its move to shed lower-margin ...

Taiwan's Acer swings to loss in second quarter

Taiwan's leading computer vendor Acer Inc said Wednesday it suffered a loss of Tw$6.8 billion ($236 million) in the three months to June, swinging from a profit of $41.53 million in the previous quarter.

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