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Microsoft earned $22.1 billion in third quarter
Azure doing well
Microsoft reported earnings for its third fiscal quarter of 2016, including revenue of $22.1 billion. This means that in Q3 2015, Microsoft saw $21.73 billion in revenue and earnings – slightly better than Wall Street expected.
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Samsung heading for more profits
Samsung hinted that there was a pickup in second-quarter profits after reporting a 12 percent earnings gain in January-March on the back of "robust" sales of its Galaxy S7 smartphones.
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Alphabet falls shorts of investor's expectations
Wall Street still loves it
The umbrella of the Google Empire, Alphabet announced that its first-quarter earnings fell short of estimates, largely because it spent more to build traffic for its mobile advertising services.
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Qualcomm flogs fewer chips
Falling 13-22 percent to 175-195 million
Qualcomm predicted a third-quarter profit below analysts estimates as it expects to ship fewer chips, including those for smartphones, its biggest business.
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Intel's results not that bad
But writing on the wall
Despite having to lay off 12,000 employees, Intel's first quarter results aren’t all that bad, but the writing is on the wall for the outfit which is going to have pull finger if it is not going to suffer more.
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IBM suffering
New business can't make up for old
While IBM's new cloud and mobile business are doing quite well, they are not making enough to off-set the losses from the older traditional arms of the company.
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Quanta profits hurting
Lowest in nine years
Quanta has reported that its net profits declined 5.6 per cent on year to US$538.91 million for 2015, the lowest level in nine years.
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Falling iPhone sales hit Foxconn’s bottom line
Apple addiction causing a few problems
Foxconn saw its net profit fall as interest in it is key partner, Apple, falls.
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Nvidia does well by losing its PC addiction
Beat Wall Street's expectations
Graphics chip maker Nvidia reported earnings for its fourth fiscal quarter that surprised the cocaine nose jobs of Wall Street.
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Lenovo has poor results
Global macro-economic slowdown
Lenovo saw shares plunge by more than 10 per cent after it reported that quarterly revenues fell for the first time in more than six years.