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Article | 16/05/2013 Dell profit dives 79 per cent on falling PC sales
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the company private.
Article | 15/05/2013 Cisco cites data-center, wireless for quarterly revenue increase
Data-center and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending more in the U.S. and developing c...
Article | 15/05/2013 Foxconn's Hon Hai reports Q1 revenue drop, likely on weak iPhone 5 demand
Foxconn's Hon Hai Precision Industry posted a 19.2 percent year-over-year decline in revenue for the first quarter, with sales likely affected by weak...
Article | 14/05/2013 Ailing Sharp sacks chief, vows turnaround on robots, LCDs
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electr...
Article | 10/05/2013 Wall Street Beat: Rise in markets could fuel tech M&A
Increasing confidence in the economy and a rising stock market could lay the groundwork for a revival in tech-sector mergers and acquisitions as compa...
Article | 9/05/2013 Sony profitable again, but core electronics still struggling
Sony made good on a promise to return to profitability after offloading a number of valuable assets last year, but its core electronics business is st...
Article | 7/05/2013 Acer's Q1 net profit up 55 per cent, but revenue down
Acer said its net profit for the first quarter grew 55 per cent year-over-year, but its revenue continued to decline amid struggling PC sales.
Article | 3/05/2013 Wall Street Beat: Tech stocks jump as market indexes hit milestones
On the back end of an earnings season that by many accounts could have been worse, tech investors appeared to be in the mood to celebrate on Friday, s...
Article | 2/05/2013 Hedge fund manager sentenced in Dell insider trading case
A former portfolio manager at the now defunct Diamondback Capital Management has been sentenced to 54 months in prison for crimes related to a multimi...
Article | 30/04/2013 Softbank: No change in Sprint Nextel offer in response to Dish Network
Softbank's CEO, in a battle with Dish Network to acquire U.S. mobile operator Sprint Nextel, slammed a US$25.5 billion offer made by Dish, saying it i...
Article | 26/04/2013 Wall Street Beat: Earnings highlight smartphones as key to growth
With Apple reporting a decline in profit margins and Samsung consolidating its leadership in the mobile device market, earnings results and market res...
Article | 26/04/2013 Alcatel-Lucent makes loss on static first-quarter revenue
Alcatel-Lucent's first-quarter revenue inched up 0.6 percent year on year, but it reported a net loss after making a profit a year earlier.
Article | 26/04/2013 Samsung profits soar on phones, tablets; high hopes for Galaxy S4
Samsung Electronics said its Galaxy S3 and Note 2 helped it to defy a shrinking smartphone market in the first quarter, boosting its overall profits b...
Article | 26/04/2013 China's Baidu reports weaker profit growth in Q1
China's largest search engine Baidu reported slowing profit growth in this year's first quarter on Friday, as the company's research and development c...
Article | 25/04/2013 Sony doubles profit forecast after selling U.S. headquarters, stock holdings
Sony has doubled its profit forecast for its recently ended fiscal year, a widely expected move after it sold off major assets including its U.S. head...

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