Microsoft tallied US$19.95 billion in revenue for the quarter ending Dec. 31, a record second-quarter high for the company, it said Thursday.

SAP saw revenue rise 27 percent in the fourth quarter but profits dropped by more than a third due to increased provisions linked to litigation with Oracle related to its former TomorrowNow unit, the company said Wednesday.

VMware's fourth-quarter revenue jumped 37 percent as businesses increased spending on its virtualization software, the company announced Monday.

Apple on Tuesday reported record revenue of US$26.74 billion for its first fiscal quarter, driven by sales of iPhones, Macs and iPads.

IBM said Tuesday that net income for the fourth quarter ended Dec. 31 rose 9 percent to US$5.3 billion year over year, helped by strong performance in growth markets as well as software and mainframe sales. Revenue for the quarter was $29 billion, a 7 percent increase.

SAP on Thursday reported preliminary results for the fourth quarter and year ending Dec. 31 that showed a strong uptick in software revenue, spurred in part by its acquisition of Sybase last year.

Intel on Thursday said it wrapped up a strong fiscal 2010 with profit and revenue gains in the fourth quarter, and predicted a strong fiscal year 2011.

For the first time in the company's history, Adobe Systems has generated over US$1 billion in revenue within a single fiscal quarter, it reported Monday.

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.

Dell on Thursday reported a growth in profits and revenue for the third quarter of fiscal 2011, driven by strong demand for the company's commercial products.

Cisco Systems posted gains in both profit and revenue on Wednesday for its fiscal first quarter that ended Oct. 30, despite what it called "a challenging economic environment."

The Semiconductor Industry Association on Thursday predicted 2010 will be a year of record high chip industry revenue, but that growth will slow next year.

Although online advertising is on the upswing and growing this year, AOL's revenue plunged in the third quarter, dragged down by a significant drop in its advertising business

Yahoo's revenue grew slightly in the third quarter, even though the online advertising market has rebounded this year, as the Internet pioneer's ability to turn its fortunes around remains in question.

Google reported strong increases in profit and revenue in the third quarter, during which the company had good results in both its core and emerging businesses.

Evan Williams is handing over Twitter's CEO title to Chief Operating Officer Dick Costolo, as the microblogging company focuses on generating revenue that is consistent with its massive popularity.

Oracle's first-quarter revenue jumped 48 percent over the same period last year to US$7.5 billion, the company reported Thursday. Net income was up 20 percent to $1.4 billion.

Cisco Systems revenue and profit both grew significantly in the company's fiscal fourth quarter that ended in July, the company announced on Wednesday.

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.

Yahoo's second-quarter revenue was US$1.60 billion, coming in on the low end of the company's expectations and falling short of analyst predictions.