financial results

financial results

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  • Wall Street Beat: Tech sales stay strong

    Though there were some concerns about tech company earnings this week as Microsoft, SAP and other bellwethers reported results, the IT sector has helped drive markets to a solid start for the second quarter.

  • HTC's Q1 revenue leaps 174.5 percent

    High Tech Computer (HTC) reported another massive revenue increase in the first quarter due to brisk sales of smartphones, with more growth expected in the current quarter as its Flyer tablet PC and two handset models with dedicated Facebook buttons ...

  • Xoom does better than expected

    Motorola Mobility shipped 250,000 Xoom tablets in the first month the device was available, the company said on Thursday as part of its first-quarter earnings report.

  • Acer expects tablets to help growth this year

    Acer, the world's second largest PC maker, saw its revenue slump in the first quarter following a management shakeup and what it described as a seasonal lull in demand. The Taiwanese manufacturer is now counting on tablets to boost overall sales.

  • SAP Q1 revenue up, but profits growth slow

    SAP saw revenue rise by 21 percent in the quarter ended March 31, with double-digit growth in all regions driven by increased software business from partners and the channel.

  • Offshoring trend drives up Wipro revenue and profit

    Wipro, India's third largest outsourcer, said on Wednesday that its IT services business had grown by 20 percent to US$1.4 billion for the quarter ended March 31, reflecting strong demand from outside the country for offshore services.

  • AMD revenue, profit inched up in Q1

    AMD posted gains in both revenue and profit in the first quarter, citing lower prices but higher unit sales of microprocessors compared with a year earlier.

  • Verizon's growth driven by lower tax estimates

    Verizon Communication reported revenue of US$27 billion for the first quarter of 2011, up 0.3 percent from a year earlier, with the company pointing to growth in mobile customers as a cause for optimism.

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