Positive earnings news from the likes of Facebook, Google and Apple helped boost tech shares in what was otherwise a gloomy week for the markets.
Google reported a healthy 17 percent increase in revenue for the fourth quarter, even as sales by its Motorola mobile unit, which the company is selling to Lenovo, dropped again from the same period last year.
Nintendo won't be abandoning hardware or licensing its game titles for use on smartphones, its President Satoru Iwata told analysts in Tokyo.
More than half of Facebook's ad sales came from mobile devices in the fourth quarter, showing continued strength in the site's ability to monetize its service on smaller screens.
AT&T gained subscribers for both its mobile and high-speed wireline services in the fourth quarter, posting revenue and profit increases from a year earlier.
Yahoo reported a 6 percent drop in revenue for the fourth quarter as sales of its display and search ads dropped compared to last year.
Apple set two records for itself in the first quarter of its 2014 fiscal year, selling 51 million iPhones and reporting revenue of US$57.6 billion, with a net profit of $13.1 billion.
LG Electronics posted a consolidated net loss for the fourth quarter of 2013 as earnings were weighed down by a strengthening won and large advertising expenses for its flagship 5.2-inch G2 Android smartphone.
Stocks including shares of tech companies tanked on Friday mainly due to worries about slowing global economic growth, but the mixed earnings reports from IT giants did nothing to calm concerns.
Profits were flat in the fourth quarter in Samsung Electronics' smartphone and tablet business, despite an uptick in sales, in part because the company spent more on marketing over the holiday shopping period.
A big jump in sales in Microsoft's consumer hardware devices unit, which includes its Xbox gaming console and Surface tablets, helped the company grow its revenue 14 percent and slightly improve profits year-on-year in its second fiscal quarter.
Nokia's improving Lumia shipments came to a halt during the fourth quarter, bad news for Microsoft, which will soon take over the phone unit.
Advanced Micro Devices has reported a profit for the fourth quarter, thanks largely to the sale of its chips in the latest game consoles from Microsoft and Sony.
Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income.
Verizon Communications posted revenue of US$31.1 billion for the fourth quarter of 2013, a 3.4 percent increase from a year earlier, with the gains driven again by mobile and broadband growth.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
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