Microsoft Tops Projections Despite Slowing Sales
Microsoft has topped Q1 analyst projections, posting double-digit gains in sales and profits thanks to solid earnings in Azure cloud programs and... Read More
Mobile Users Push SoftBank Profit
Japanese telco SoftBank Corp saw its operating profit for Q1 ended June rise four percent as the number of mobile users grew.... Read More
Myer Boosts Internal Bankruptcy Expertise
Embattled Australian department store, Myer, has reportedly ramped up its internal ‘bankruptcy expertise’, after appointing several leadership personnel whose resume include a company that... Read More
Fitbit Sales Slump, Shares Follow
For Fitbit’s Q1, 2.2 million devices were sold compared to the 3 million sold in the prior year, failing to meet analysts... Read More
Intel Shines With Q1 Results
Intel’s Q1 results have the tech sector buzzing, after the company reported revenue of US$16.1 billion, up 9 percent year-over-year and with... Read More
Netflix Gains 7.4 Million Subscribers in 3 Months
Streaming giant Netflix has gained 7.4 million subscribers globally in 3 months due to an influx of original content. Reuters reports the new... Read More
Samsung Expecting Strong Q1 Results
Samsung Electronics is expecting to continue its strong profit run with the company estimating an operating profit of US$14.7bn (15.6 trillion won)... Read More
LG Looking Good
South Korea’s LG Electronics expects Q1 operating profit to rise 20 percent from a year ago to its highest in nine years,... Read More
PC Sales Strengthen HP Q1 Results
The growth of PC sales in Q1 has helped HP gain 14 per cent in revenue to US$14.5bn from US$13.9bn. Its personal... Read More