News - subcat

IBM revenue rises
Published in News
Friday, 19 January 2018 10:31

IBM revenue rises


First time in 23 quarters

IBM's revenue rose for the first time in 23 quarters, beating Wall Street estimates and indicating that the company is back, thanks mostly to its cloud ambitions.

Foxconn hits record
Published in News
Tuesday, 12 December 2017 13:17

Foxconn hits record


Thanks to consumer electronics boom

Foxconn executives are laughing all the way to the bank after the outfit reported consolidated turned in revenues of $18.85 billion for November

SAP thinks things are bottoming out
Published in News
Friday, 17 November 2017 11:42

SAP thinks things are bottoming out


People will start buying expensive esoteric software again

The maker of expensive esoteric business software which no one is quite sure what it does has been having a few problems with its bottom line lately, but now thinks things might be ready to turn around.

Sony profits rise
Published in News
Wednesday, 01 November 2017 12:07

Sony profits rise


Record earnings after restructuring

Sony shares soared to a nine year high after it forecast record earnings.

Samsung's new bosses step from out of the shadows
Published in News


Huge payouts to shareholders 

Samsung Electronics named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third quarter profits.

LG Display sees 80 percent profit surge
Published in Graphics
Wednesday, 25 October 2017 10:55

LG Display sees 80 percent profit surge


Hi-end tellies and mobile demand

LG Display has seen an 80 percent surge in quarterly profits just ahead of expectations, helped by strong demand for its screens used in high end TV sets as well as mobile devices.

SAP losing ground
Published in News
Thursday, 19 October 2017 11:54

SAP losing ground


Profits down – if only there were some good software to help it restructure

The maker of expensive management software, which no-one really knows what it does, SAP has seen its profits take a dip.

Big Blue back on track
Published in News
Wednesday, 18 October 2017 10:07

Big Blue back on track


Sales growth after nearly six years

The ever shrinking Big Blue’s moves to cloud and security services helped it beat analysts’ quarterly revenue estimates, and the technology major hinted at sales growth after nearly six years of declines.

Samsung has great results thanks to chips
Published in News
Wednesday, 11 October 2017 12:02

Samsung has great results thanks to chips


Chips important part of Samsung's diet


Samsung Electronics  is expected to forecast a record third quarter profit on Friday thanks to the strong market for memory chips, and as mobile earnings make a killing as rival Apple drops the ball.

Wall Street fumes at Foxconn
Published in News
Monday, 14 August 2017 11:55

Wall Street fumes at Foxconn


Expenses probably because of new iPhone costs 

The cocaine nose jobs of Wall Street are furious that Apple’s number one chum Foxconn fell short of its estimates by a huge 25 percent.