Despite some caution about the fortunes of BlackBerry, Facebook and Apple, solid financial results from tech vendors coupled with positive reports about the economy are boosting confidence in IT, with share prices of computer, consumer electronics an...
Nintendo won't cut the price of the Wii U to boost sagging sales.
Lenovo's net profit for its fiscal third quarter grew by 34 percent year over year, as the company also reported that its smartphone business in China had become profitable for the first time.
Nintendo's new Wii U console had a tough holiday launch, and its 3DS handheld continues to struggle.
EMC saw fourth-quarter revenue rise 8 percent, driven mainly by strong performance at its VMware subsidiary, while net income rose 5 percent, both record figures for the company.
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed.
Yahoo's revenue climbed 2 percent in the fourth quarter, though its display ad business shrank and profit was down from a year earlier.
Despite Microsoft's quarterly profit decline and Apple's fall Friday from its position as the world's most highly valued company, this week's wave of earnings reports was strong, boosting markets to highs not seen since before the recession.
Samsung Electronics posted record profits during the holiday shopping season, on strong sales of mobile phones and TVs from its premium to low-end lineups.
AT&T reported a slight increase in revenue and a smaller net loss for the fourth quarter, helped along largely by smartphone and broadband sales.
Though Microsoft's second-fiscal-quarter profit declined, company revenue increased, helped by its Windows division, where sales shot up more than 20 percent year on year.
Nokia swung to a net profit during the fourth quarter, as it sold a growing number of Windows Phone-based smartphones.
Apple TV was until now considered a "hobby," by Apple's own admission, but the product has taken on more importance for CEO Tim Cook.
Apple's revenue grew but profit was flat in its first fiscal quarter of 2013, during which sales of iPhones and iPads rose, but Mac and iPod shipments dropped.
SAP's revenue in the fourth quarter grew by 12 percent, helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile applications.
Most Popular Reviews
- 1 Ford Focus ST (2015) review: Absolutely mental styling, engine, handling
- 2 LG 65-inch UHD TV (65UF950T) review
- 3 Playing chicken with a Tesla Model S
- 4 Audi TT (2015) review: A smarter take on the sports coupe
- 5 Microsoft Lumia 640 review: Honouring Nokia's legacy
Join the Good Gear Guide newsletter!
Deals on Good Gear Guide
- Networking, Wireless & VoIP
Deals on Good Gear Guide
Latest News Articles
- Microsoft bests Google in patent case appeal
- Yahoo picks up fashion commerce site Polyvore
- Mt. Gox CEO Karpeles arrested by Japanese police
- Facebook says Flash security woes could hurt its business
- IBM fattens patent portfolio in cloud tech
GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
- CCLead Generator - Software SolutionsNSW
- FTTechnical Sales Support Representative - The Worlds largest Search Engine!NSW
- CCAccount Strategist | Sales Executive | Global Search EngineNSW
- FTDesktop Engineering ManagerNSW
- FTBusiness Development Manager & Account ManagerVIC
- CCMarketing Coordinator - World's largest search engine!NSW
- FTField EngineerNSW
- FTDevOps Consultant - Microsoft Experience - Digital ConsultancyVIC
- FTSenior Network EngineerNSW