Storage products vendors, Seagate Technology, has announced that it recorded revenue of approximately $US3.7 billion with a gross margin of 28.4 per cent, net income of $US582 million, and diluted earnings per share of $US1.42 on a generally accepted accounting principles (GAAP) basis for its first fiscal quarter of 2013, which ended on September 28.

For its most recent financial quarter, IBM experienced declining revenue and flat income, though it still managed to deliver increased earnings per share.

The Business and Server & Tools divisions grew their revenue, but the Windows & Windows Live division dipped.

Still, sales of Oracle's specialized hardware-software appliances grew rapidly in the quarter, according to CEO Larry Ellison.

The electronics manufacturer said it has also been hurt by the strong yen, and predicts a net loss for the fiscal year.

Cisco's sales rose slightly but net income dropped from a year earlier

New software license sales show strength, but hardware revenue fell 6 percent.

Microsoft enjoyed strong income and revenue growth for its third fiscal quarter despite sluggish PC sales, with Xbox and Office doing well, the company reported Thursday.

Intel reported growth in revenue and income for the first quarter of 2011, driven by the addition of new products and strength in the enterprise market.

Oracle's net income for the third quarter ended Feb. 28 rose 78 percent to US$2.1 billion over the same period last year, helped by strong software sales and an improving hardware business, the company said Thursday. Revenue for the quarter jumped 37 percent to $8.8 billion.

Dell on Tuesday reported a 177 percent year-over-year increase in net income for its fourth fiscal quarter of 2011, driven by growth in enterprise server and PC sales.

Advanced Micro Devices (AMD) on Thursday reported net profit for the fourth quarter that beat forecasts, due mainly to income from a patent license and a legal settlement with Samsung.

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.

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.

IBM said Monday that third-quarter net income rose 12 percent to US$3.6 billion, buoyed by strong performance in Brazil, Russia, India and China as well as solid sales of analytics software and services.

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.

AT&T reported net income of US$4 billion for the second quarter of 2010, up nearly 26 percent from the second quarter of 2009, driven largely by increasing demand for Apple's iPhone and other smartphones, the company said Thursday.

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.

Microsoft's second-quarter revenue and income were up from the previous year.

Apple on Monday reported growth in revenue and net income for the first fiscal quarter of 2010, buoyed by strong iPhone and Mac shipments.