financials

Meta Posts Strong Q2 Amid Heavy AI Spending

Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price

4 months ago

Alphabet Q2 Beats Expectations, But Shares Dip

Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines

4 months ago

Apple Shrugs Off Chip Shortage With Record Revenues

Tech giant surpasses Wall Street predictions, as revenues grow 11 percent despite Omicron variant and ongoing global chip shortage

3 years ago

Apple Delays iPhone 12, As Sales Shrug Off Virus Gloom

What pandemic? Apple defies store closures, stalling economies and the global Coronavirus pandemic to deliver strong financials

4 years ago

Coronavirus: IBM Pulls Annual Forecast As Client Priorities Change

Worldwide pandemic hits software sales, as IBM warns that its customer priorities are changing and it withdraws its annual forecast

5 years ago

Apple Profits Slide, As Cook Points To Wearable Growth

Profits and year revenues at Apple slide amid slow iPhone sales, but sales from wearables and services rose

5 years ago

Microsoft Reaps Cloud Growth Benefits, But Surface, Xbox Struggle

Cloud focus continues Microsoft's momentum, amid warning signs over Xbox and Surface performance

5 years ago

Oracle co-CEO Mark Hurd Takes Medical Leave Of Absence

Former CEO of HP is to take leave of absence for unexplained medical treatment, as Oracle financials miss expectations

5 years ago

Samsung Profit Halves Amid Flagship S10, Memory Chip Slowdown

Galaxy S10’s sales momentum is ‘weak’, but slow sales of memory chips is also not helping matters

5 years ago

Dell Impresses After Return To Public Scrutiny

Revenue rises 9 percent, as the PC and services giant returns to public market after six year absence

6 years ago

HP Profits From Hardware As PC, Printer Sales Soar

Good quarter for hardware as sales of PCs and printers helped HP record increased profits and revenues

7 years ago

Google Parent Alphabet Feels The Impact Of Heavy Spending

Google veteran replaces Schmidt, as costly promotions for Pixel2 smartphone and YouTube TV impact results

7 years ago

Samsung Starts Making Crypto-Currency Mining Chips

Chippy business. South Korean electronics giant is making chips designed to harvest crypto-currency coins

7 years ago

Microsoft Cloud Growth Takes Sting Out Of Tax Charge

Redmond pleases Wall Street thanks to strong showing of cloud, but takes $13.8bn charge for US tax changes

7 years ago

IBM Finally Returns To Growth, But It’s Not All Good News

For the first time in 23 quarters sales at IBM have risen, but a quarterly loss and stagnant forecast blunts…

7 years ago

BlackBerry Results Boosted By Surging Enterprise Software Sales

Who needs smartphones? Turnaround of Canadian firm continues as enterprise software sales hit a record

7 years ago

Amazon Profits Slide As Expansion Costs Bite

Sales at Amazon skyrocket, but its expansion into new sectors takes a serious toll on its profitability

7 years ago

HP & Lenovo Benefit From PC Demand Despite Industry Gloom

Positive financial results at two largest PC makers despite gloomy PC market

7 years ago

IBM Touts ‘Robust Performance’, Cloud And Watson As Sales Fall

Big Blue's 'transformation' continues to be work in progress as revenue and profits fall once again

8 years ago

Data Centre, IoT Helps Intel To Beat The Street

Chip giant adds to the tech good news after it beats Wall Street forecasts thanks to IoT and data centres

8 years ago

Advertising & Hardware Boost Google Alphabet As Cloud Benefits Microsoft Revenues

Strong results from two tech titans after both Alphabet and Microsoft recorded positive financials

8 years ago

IBM Revenue Decline Continues Despite Cloud & Analytics Growth

Cloud and analytics continues to perform, but IBM continues to shrink with 19th consecutive revenue decline

8 years ago

Amazon Profit Growth Disappoints Despite Cloud Strength

Shares in Amazon slump over less than expected profits, despite continuing strength of its AWS division

8 years ago

Google Parent Alphabet Reaps Advertising Rewards

Strong quarter for Google's parent powered by advertising strength, YouTube and other services

8 years ago

Samsung Profits And Revenues Feel The Pain From Galaxy Note 7 Fallout

That's gotta hurt. Samsung financials bear testament to the pain inflicted by the Galaxy Note 7

8 years ago

Microsoft Fiscal Results Point To Sweet Success In The Cloud

Latest financials please Wall Street, prompting Redmond shares to hit new high after strong cloud performance

8 years ago

HP Profit Falls Despite Strong Laptop Sales

Sales of laptops helped bolster results at HP, but a “challenged” market for printers and businesses remains an issue

8 years ago

Cisco Confirms Major Jobs Cull, Despite Profit Growth

Bad news for tech workers as networking giant confirms restructuring reports, despite £8.1 billion profit

8 years ago

Samsung Profits As Galaxy S7 Boom Continues

South Korean giant takes smartphone bragging rights, after healthy profit thanks to booming S7 takeup

8 years ago