Despite Microsoft's quarterly profit decline and Apple's fall Friday from its position as the world's most highly valued company, this week's wave of earnings reports was strong, boosting markets to highs not seen since before the recession.
Samsung Electronics posted record profits during the holiday shopping season, on strong sales of mobile phones and TVs from its premium to low-end lineups.
AT&T reported a slight increase in revenue and a smaller net loss for the fourth quarter, helped along largely by smartphone and broadband sales.
Though Microsoft's second-fiscal-quarter profit declined, company revenue increased, helped by its Windows division, where sales shot up more than 20 percent year on year.
Nokia swung to a net profit during the fourth quarter, as it sold a growing number of Windows Phone-based smartphones.
Apple TV was until now considered a "hobby," by Apple's own admission, but the product has taken on more importance for CEO Tim Cook.
Apple's revenue grew but profit was flat in its first fiscal quarter of 2013, during which sales of iPhones and iPads rose, but Mac and iPod shipments dropped.
SAP's revenue in the fourth quarter grew by 12 percent, helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile applications.
Making the most of a sluggish world economy, IBM managed to increase its net income by 5 percent in 2012, even though revenue shrank by 2 percent.
Advanced Micro Devices' financial struggles continued in the fourth quarter, with revenue sinking 32 percent due to slow chip sales and charges tied to restructuring and inventory adjustments.
Verizon Communications posted a net loss of US $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier.
Wipro's fourth-quarter IT services revenue grew 4.8 percent year on year, reflecting an overall recovery in offshoring to India.
AT&T sold a record number of smartphones in the last three months of 2012 as consumers snapped up new products from the likes of Apple and Samsung.
Intel saw sales and profits drop in 2012, as the company was hit by a slide in demand for personal computers and its continued inability to make it big in the smartphone and tablet markets, but its data center business continued to grow.
Taiwan Semiconductor Manufacturing Co. (TSMC) said its fourth quarter net profit increased by 31.6 percent year-over-year, with demand for its chips higher than originally projected.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
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