Windows revenue takes another bad beating
Microsoft's Windows revenue again declined by double digits, the third straight such quarter, with sales of licenses to computer makers down 22% from the same period last year.
Microsoft's Windows revenue again declined by double digits, the third straight such quarter, with sales of licenses to computer makers down 22% from the same period last year.
Amazon earned $92 million in the second quarter on higher overall revenue.
Growth in the company's revenue, however, has slowed in recent years.
SAP's former technology chief Vishal Sikka will take over as CEO of Infosys on Aug. 1
Singapore's total Internet advertising revenue is forecast to grow at a CAGR of 10.3%, according to PwC's Global entertainment and media outlook 2014-2018 (Outlook).
The site increased its user base by 30 percent from last year but investors still pushed its stock lower.
Microsoft easily blew away analyst estimates, thanks to its consumer businesses and Surface tablet. But Windows revenues decreased.
Tegra revenue will fall by as much as 40 percent this year, the company said.
IC Insights says tablets and smartphones will take a larger chunk of overall processor shipments and revenue.
The company's revenue and profit increased, led by U.S. growth.
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.
Amazon.com made a net loss in the third quarter, its first loss in nine years, even as revenue increased by 27% year on year.
SAP on Wednesday reported double-digit revenue growth in the third quarter, benefiting from a strong performance in the Americas and growth in the Asia-Pacific and Japan region, and high demand for its new technologies like HANA across all regions.
Nokia continues to struggle as its third-quarter smartphone unit sales dropped by 63 percent compared to last year, while some warn that expectations for the arrival of its first phones based on Windows Phone 8 should not be too high.
For its most recent financial quarter, IBM experienced declining revenue and flat income, though it still managed to deliver increased earnings per share.
Full-featured modular systems helped drive midrange storage revenue up by double digits.
The company also reported a net loss, attributable to IPO-related costs.
Zynga's users on Facebook are said to have declined because of a change in the platform.
The move might help the company monetize its massive user base.
Apple also disclosed that iOS 6 will arrive in the fall, but there was no word on its next iPhone.
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