Apple's revenue and profit soared in its fiscal second quarter ended March 26, buoyed by strong iPhone sales, the company said Wednesday.

Cisco beat analyst estimates with its second-quarter earnings, posting revenue of US$10.4 billion and earnings per share, excluding expenses, charges and other items, of $0.37.

Oracle's net income for the quarter ended Nov. 30 rose 28 percent from a year earlier to US$1.9 billion, buoyed by strong software license sales and an improving hardware business, the company said Thursday. Revenue was $8.6 billion, a jump of 47 percent.

VMware on Tuesday reported a 48 percent jump in revenue for the second quarter, a greater increase than expected, and raised its outlook for the full year on strong demand for its virtualization software.

The amount of money people put into U.S. venture capital investments nearly returned to pre-recession levels in the second quarter, with most deals going to information technology companies, according to Dow Jones VentureSource.

Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.

The company's second-quarter results show a second phase of recovery, he said.

Cisco Systems posted solid financial results for its most recent quarter on Wednesday, but the networking giant lowered its financial forecast for the months ahead, citing a slowdown in U.S. and European markets.

Second-quarter net profit soared at Nokia Corp. thanks to a large one-time gain from the company's new telecommunications equipment manufacturing venture with Siemens AG.

Samsung Electronics Co. Ltd. saw a sharp fall in operating profits during the three months from April to June due to the weak market for computer memory chips.

Microsoft Corp.'s net income fell 28 percent year over year for its 2007 second fiscal quarter as it spent ahead of its mass market launch of Windows Vista this month.

Graphics chip maker Nvidia Corp. posted record high revenue for the second quarter on strong sales across several product groups including desktop, laptop and handheld graphics processing units, the company said Thursday.

Samsung Electronics Co. Ltd. saw profits fall in the second quarter of the year while sales jumped thanks to strong demand for memory chips and flat-panel displays, it said Friday.

Advanced Micro Devices Inc. lowered its sales forecast for the second quarter on Thursday due to slower than expected sales of certain laptop and desktop PC microprocessors.

DRAM (dynamic-RAM) chip makers are forecasting higher prices for DDR2 (double data rate, second generation) memory chips over the next three months, and current trends could mean they'll remain strong all year.

DRAM (dynamic-RAM) chip makers are forecasting higher prices for DDR2 (double data rate, second generation) memory chips over the next three months, and current trends could mean they'll remain strong all year.