Intel reports strong second-quarter earnings
Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.
Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.
PC maker Lenovo marked its return to profitability on Thursday but said higher component costs put a dent in results for its last fiscal year.
Windows 7 has once again kept Microsoft's balance sheet healthy. On Thursday, the company announced strong income and revenue growth for its third fiscal quarter, thanks in part to continued brisk sales of the new OS.
Google grew its revenue and profit in its first fiscal quarter, exceeding Wall Street expectations and prompting the Internet company to express a commitment for "heavy investment" in its core and newer businesses.
Intel on Tuesday reported strong earnings for the first quarter of fiscal 2010, with the company calling it the "best first quarter ever."
Dell on Thursday reported a drop in profits during the fourth quarter of the company's 2010 fiscal year, but growth in revenue, fueled by strong sales of laptops and servers to the consumer and enterprise markets.
Apple on Monday reported growth in revenue and net income for the first fiscal quarter of 2010, buoyed by strong iPhone and Mac shipments.
Hewlett-Packard reported an 18 percent jump in profit for its fiscal fourth quarter, thanks to cost-cutting efforts and the strength of its services business.
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Cisco Systems' revenue for its third fiscal quarter fell 17 percent from a year earlier, while net income plunged 21 percent to US$1.3 billion, or $0.23 per share.
Microsoft missed analyst expectations for its third fiscal quarter, blaming the most difficult economic conditions the company has faced in its history.
Graphics chip vendor Nvidia spent US$43.6 million during its last fiscal year to cover warranty and product replacement claims related to graphics chips that were manufactured and sold with a weak packaging material, the company said on Friday.
Microsoft Thursday announced it has topped US$60 billion in yearly revenue for the first time in its history and posted a 25% year-over-year gain in net income for its fiscal year 2008.
Infosys Technologies said Tuesday that it expected its revenue to grow by 19 to 21 percent to US$5 billion in its current fiscal year, ending March 31, 2008.
Sony reported record sales and net profit for the last three months of the fiscal year on the back of strong sales in its core electronics division, it said Thursday.
Cisco Systems posted a double-digit rise in revenue in its fiscal first quarter ended Oct. 27, with an even bigger gain in profit.
Cisco Systems Inc. on Tuesday reported strong growth in revenue and profit for a fiscal third quarter in which it made several acquisitions that it expects to help power Web 2.0.
Deferred revenue from the release of Windows Vista and Office 2007 helped Microsoft Corp. increase revenue 32 percent year over year for its fiscal third quarter.
Hewlett-Packard Co. topped Wall Street's revenue and earnings expectations in the first quarter of its 2007 fiscal year.
Cisco Systems Inc. posted net income of US$1.9 billion, or $0.31 per share, on revenue of $8.4 billion in its fiscal second quarter financial results reported Tuesday, exceeding revenue but matching earnings per share estimates of analysts.
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