Increased revenue will foster mergers and acquisitions in the technology space, according to a survey by accounting and consulting firm BDO USA that polled chief financial officers at technology firms.
Stiff price competition in the flat-screen TV market and the strong Japanese yen hurt profits at Sony in the last three months of 2010, the company said Thursday.
Apple (NASDAQ – AAPL) kicked off 2011 with a series of highs and lows: The company reported that the iPhone and iPad fueled record sales, joined forces with Verizon and opened a new app store, but it also said CEO Steve Jobs was taking a medical lea...
Revenues at India’s largest mobile operator surged in the last three months of 2010, but competition and higher spectrum costs, and increased interest payments ate into profits.
China's largest search engine Baidu continues to post strong earnings, with the company's net profits more than doubling for the fourth quarter in 2010.
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.
AT&T reported revenue of US$31.4 billion for the fourth quarter of 2010, up 2.1 percent from a year earlier, with the company reporting a record gain in mobile customer additions.
Nokia reported an increase in sales for the fourth quarter, but profit declined as the company continues to struggle in the high-end smartphone segment.
If carriers were like sports teams, Verizon could be described as having a lot of momentum heading into its iPhone showdown with AT&T.
Juniper posted fourth-quarter revenue well beyond Wall Street expectations.
In its first earnings report since becoming a standalone company, Motorola Mobility said it was profitable in the fourth quarter of 2010 and shipped more than twice as many smartphones during the quarter as it did in all of 2009.
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.
Yahoo's revenue fell but profits grew in its fourth quarter, results which the company described as "encouraging" and as fueling a turnaround momentum.
Surging revenue from storage, security and virtualization brought record financial results at EMC in the fourth quarter, the company reported Tuesday.
Verizon Communications reported revenue of US$26.4 billion for the fourth quarter of 2010, down from $27.1 billion a year earlier, although net income nearly doubled because of gains from one-time items.
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