Smartphone worries as Tim Cook said China demand and price cuts helped stablise iPhone sales
TECHNOLOGY POWERING BUSINESS
News profit
Profits Slump At Samsung Due To Chip Sale Slowdown
Better times ahead predicts South Korean electronics giant after profits take a hit in the first quarter
Facebook Sets Aside $3 billion For FTC Privacy Fine
Strong results from social networking giant as it prepares to pay billions for privacy breaches
Microsoft Value Hits $1 Trillion After Cloud Growth
Strong results for the software giant see its market valuation briefly reach $1 trillion for the first time
Huawei Slams US ‘Loser Attitude’ Amid Strong Results
Chairman of Chinese firm has harsh words for US administration and its campaign against it
Alphabet Profits Surge, But Spending Worries Investors
Shares in Google parent slide after heavy Q4 spending, but healthy advertising revenues bolsters financials
Microsoft Disappoints As Azure Growth Slows
Stocks take a hit as Azure cloud growth slows, but Redmond still grows and remains profitable
Facebook Grows Profit, Despite Multiple Scandals
No sign that multiple scandals have dented advertisers desire for the social networking platform
Samsung Issues Shock Profit Warning, Amid Slowing Chip Demand
Another sign of tech slowdown? Samsung warns weak chip demand will keep profits subdued
Facebook Growth Slows Amid Saturation In Developed Countries
User growth continues to slow as Zuckerberg admits saturation in developed countries
Intel Pleases With Profit, Revenue Growth
Positive third quarter results for chip giant thanks to data centre growth and PC demand
IBM Quarterly Results Reveal Growth Challenge
Bad day at the office for Ginni Rometty as IBM financials shrink yet again, as software sales stutter
Samsung Profits Slip As Galaxy S9 Misses Sales Targets
Smartphone slowdown. South Korean giant feels the pressure from cheaper Chinese handsets
Intel Delays 10nm ‘Cannon Lake’ Processors To Late 2019
Four years late. Fresh delay for next generation Cannon Lake processors, with mainstream release now only expected in late 2019
Amazon Profits From Cloud, Advertising Growth
Profits ahoy. Amazon's positive outlook cheers investors after Facebook disappointment
Facebook’s Strong Results Offset By Profit Warning
Investors take fright after Facebook warns that profit margins will be squeezed by ad slowdown and privacy demands
Alphabet Shrugs Off European Fine Thanks To Strong Ad Sales
Google's parent surprises Wall Street with strong growth, despite stiff penalty from the EU over Android
HP Revenues Beat Expectations Thanks To Robust PC Demand
Strong performance for HP's personal system division bolsters quarterly results, as new CFO is also revealed
Carphone Warehouse To Close Nearly 100 Stores
More bad news for the high street as profit warning prompts decision to close 92 Carphone Warehouse stores
Apple Can Do No Wrong As iPhone Sales Rise
Another set of solid results for Apple, despite fears over weak demand for expensive iPhone X
Alphabet Profits Surge, But So Do Costs
Google's parent sees big rise in profits and revenue, but costs rise dramatically as workforce balloons
IBM Disappoints As Q1 Profit Slips
Big Blue grows revenues, but shares in the firm fall after first quarter margins miss Wall Street expectations
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
Amazon Posts Largest Ever Profit thanks To Prime, AWS & Alexa
Couple of billion dollars added to Bezos backpocket as Amazon shares grow on positive results
Google Parent Alphabet Feels The Impact Of Heavy Spending
Google veteran replaces Schmidt, as costly promotions for Pixel2 smartphone and YouTube TV impact results
Samsung Starts Making Crypto-Currency Mining Chips
Chippy business. South Korean electronics giant is making chips designed to harvest crypto-currency coins
Intel Buoyed By Data Centre & IoT Despite Spectre & Meltdown
Mostly positive results for chip giant as data centre success helps revenue growth, as profitability dips
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 the news
Networking Sales Help HPE Results Beat Expectations
Spin-off of HPE's software assets (including Autonomy) fail to dent quarterly results as sales beat expectations
Amazon Profits Slide As Expansion Costs Bite
Sales at Amazon skyrocket, but its expansion into new sectors takes a serious toll on its profitability