Tag Archives: earnings

Apple Earnings Show Growing Immunity to Smartphone Malaise

Apple’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown. The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business. A new $100 billion (roughly Rs. 6.68 lakh crores) stock repurchase plan and ... Read More »

These six tech companies are worth $500 billion, and their earnings are about to sway the market

As 2017 dawned, two tech companies were worth $500 billion on their own. That number has since tripled, forming a group of half a dozen tech companies worth at least half a trillion dollars that dominate the markets as their products weave their way into every facet of consumers’ lives. All six companies — Alibaba Group Holding Ltd. BABA, +0.20%  , Alphabet Inc.GOOGL, +0.41% GOOG, +0.54%  , ... Read More »

Samsung Earnings Are Rebounding as Flurry of New Biz Tech Appears

One of the stories somewhat lost in the headlines earlier this month, is that of an impressive comeback. After almost two years of lagging performance, Samsung operating profits rose 80 percent during the last quarter over the same time last year. Reuters reports much of the cause of declining profits was due to losing part of the smartphone market share to Apple. While ... Read More »

Facebook Hits 1.86 Billion Monthly Active Users as Earnings Surge

Facebook Hits 1.86 Billion Monthly Active Users as Earnings Surge HIGHLIGHTS Facebook said it made a net profit of $3.7 billion Daily active users went up to 1.23 billion India was a hot market in the fourth quarter Facebook shares bounced Wednesday with word that profit more than doubled in the final quarter of last year, coming back down after ... Read More »

Samsung Earnings Are Rebounding as Flurry of New Biz Tech Appears

One of the stories somewhat lost in the headlines earlier this month, is that of an impressive comeback. After almost two years of lagging performance, Samsung operating profits rose 80 percent during the last quarter over the same time last year. Reuters reports much of the cause of declining profits was due to losing part of the smartphone market share to Apple. While ... Read More »

Samsung Earnings Are Rebounding as Flurry of New Biz Tech Appears

One of the stories somewhat lost in the headlines earlier this month, is that of an impressive comeback. After almost two years of lagging performance, Samsung operating profits rose 80 percent during the last quarter over the same time last year. Reuters reports much of the cause of declining profits was due to losing part of the smartphone market share to Apple. While ... Read More »

European Shares Get Tech Boost As SAP, ASML Surge On Earnings

London: European shares advanced on Wednesday, with the technology sector leading the market higher after SAP and ASML Holding reported forecast-beating quarterly results. Shares in SAP, Europe’s largest software company, rose 4.7 per cent as unexpectedly strong growth in high-margin packaged software licenses fuelled its quarterly earnings. Its second-quarter operating profit rose 9 per cent. ASML Holding, a key supplier ... Read More »

Apple Beats Projections, But iPhone Earnings Still in Decline

Apple has beaten analyst expectations again. But that victory is not without some bitterness.  And Apple’s troubles may be indicative of a much broader trend. Apple Earnings Report Q3 2016 In its 2016 third quarter results, the company reported earnings of $1.42 per share on revenues of $42.4 billion, above the $1.38 per share on sales of $42.09 billion estimated ... Read More »

Wix Says Q2 2016 Earnings Set a Record

Wix (Nasdaq:WIX), a company well-known for helping small businesses build and operate websites, has reported strong earnings for its second financial quarter of 2016. Wix posted a 41 percent revenue increase to $68.7 million compared to $48.6 million for the same period last year. On the flip side, however, the company reported a net loss of $11.4 million, which topped ... Read More »

credit score five% earnings To Investor Fund: Sebi To Depositories

New Delhi: The Securities and change Board of India (Sebi) on Tuesday asked depositories to credit five in line with cent of their annual income as also the fines accumulated by them from brokers and differententities in an investor protection fund (IPF), which can be used for traders‘ education and consciousnessprogrammes. Spelling out exact suggestions for utilization of the IPF, ... Read More »