Though faring better than businesses in other sectors, technology companies have not escaped the market storm stirred up by reports of tepid economic growth and political squabbling over the U.S. deficit.
Motorola reported a loss of $US56 million, or $0.19 per share, on net revenue of $3.3 billion for the second quarter, as the phone and tablet maker continues to struggle to make 4G products.
France Télécom's revenue and net income for the first half both fell compared to a year earlier, even as subscriber numbers climbed 7 percent, it reported Thursday.
Alcatel-Lucent reported a smaller increase in revenue than analysts had expected, but returned to profit in the second quarter. For the full year, the company expects to grow faster than the market as a whole and to improve its operating margin.
Nintendo will slash the price of its 3DS handheld gaming device in Japan from mid August.
Sony reported a net loss for the three month period from April to June as the company dealt with unfavorable exchange rates, cut-throat competition in the consumer electronics business, and a hacking attack on its online gaming network.
SAP has seen software sales rebound steadily after a dip during the global recession, and is hoping to supercharge its business with forays into in-memory computing, SaaS (software as a service) and mobile applications, a business it entered with las...
SAP's second-quarter revenues grew 14 percent, driven by strong software sales in all regions, the company reported Tuesday.
SAP expects its full-year operating profits will be near the top of a previously announced range, based on strong software sales in the second quarter and "improved visibility" into the remainder of the fiscal year, the vendor said Tuesday.
China’s largest search engine Baidu posted strong earnings for the second quarter, driven by growing traffic and increased spending by advertising customers.
A raft of computer and software vendor financial results this week, including reports from IBM, Intel, Apple and Microsoft, revealed some record quarterly results and a healthy market for business technology, though clouds remain for segments of the ...
Verizon Communications on Friday reported revenue of US$27.5 billion for the second quarter of 2011, up 2.8 percent from the second quarter of 2010, largely driven by mobile subscriber additions.
Advanced Micro Devices' revenue for the second fiscal quarter of 2011 sunk as the search for a new CEO continues, the company said on Thursday.
Proving naysayers incorrect once again, Microsoft posted a banner fiscal 2011 year in revenue, as sales of Microsoft Office, server software and Xbox continued to drive growth, even as sales of Windows leveled off, according to the company.
AT&T reported revenue of US$31.5 billion for the second quarter of 2011, up 2.2 percent from the same quarter in 2010, but net income dropped due to increased operational and support costs.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.