Sales at Amazon skyrocket, but its expansion into new sectors takes a serious toll on its profitability
TECHNOLOGY POWERING BUSINESS
News profit
Alphabet & Google Profits Fall As Billion Dollar EU Penalty Bites
Google's parent sees lower profit after being slapped with record Europe Union fine
IBM Q2 Results Disappoint As Cloud Sales Decline
Sales at IBM fall for the 21st quarter, as heavy investments in AI and cloud fails to make good on legacy decline
Samsung Predicts Record Q2 Profit Amid Strong Chip Demand
Return to strength for Samsung as demand for memory chips helps drive profits at electronics giant
HP & Lenovo Benefit From PC Demand Despite Industry Gloom
Positive financial results at two largest PC makers despite gloomy PC market
Facebook Warns Of Ad Saturation, As Profit, Revenue Surges
Quarter of the world's population now uses Facebook, with nearly two billion people signed up to the social network
Apple Surprises With Another iPhone Decline
Waiting for the 10-the anniversary handset? Shipments of the iPhone continues to decline
Google’s Alphabet Profits From Advertising Sales Surge As Cloud & Hardware Grow
Advertising, cloud, and Pixel smartphones all help deliver more stunning growth for search engine giant
AWS Growth Slows As Amazon Q1 Sales Increase To £27.6 Billion
Amazon.com shows impressive financial growth thanks to India performance as AWS starts to plateau
Microsoft Profits Rise Thanks To Cloud Gains But Falling Surface Sales Disappoint
Cloud remains the bright spot for Redmond, as personal computing falls again despite improving market
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
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
Advertising & Hardware Boost Google Alphabet As Cloud Benefits Microsoft Revenues
Strong results from two tech titans after both Alphabet and Microsoft recorded positive financials
IBM Revenue Decline Continues Despite Cloud & Analytics Growth
Cloud and analytics continues to perform, but IBM continues to shrink with 19th consecutive revenue decline
Amazon Profit Growth Disappoints Despite Cloud Strength
Shares in Amazon slump over less than expected profits, despite continuing strength of its AWS division
Google Parent Alphabet Reaps Advertising Rewards
Strong quarter for Google's parent powered by advertising strength, YouTube and other services
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
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
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
Cisco Confirms Major Jobs Cull, Despite Profit Growth
Bad news for tech workers as networking giant confirms restructuring reports, despite £8.1 billion profit
Nvidia Prospers As Games, Data Centre Drives Growth
Strong demand for GPUs in gaming PCs and the data centre has driven hugely impressive growth
Intel Posts Reduced Profit Amid Data Centre Slowdown
Intel reports a better than expected profit, but hefty cost cutting impacts chipmaker's bottom line
Red Hat Grows Again As It Snaps Up API Firm 3scale
Red Hat records yet more revenue growth and announces acquisition of 3scale to bolster API management credentials
Facebook Triples Profit As Advertising Revenue Soars
Facebook nearly doubles its revenue, as advertising budgets shun traditional media and move online
Surge In IoT Projects Helps ARM Shrug Off Smartphone Slowdown
Smartphone slowdown? ARM posts record profit and sales, but market frets over future and shares tumble
Oracle: Android Has Generated £22bn in Revenues For Google
Confidential court documents suggest Google has made huge profits from Android, and pays Apple £700m to be default search engine in iOS
IBM Posts More Declines Despite Cloud Progress
Bad news for shareholders. Fifteenth consecutive revenue fall as Big Blue continues painful migration to cloud
Intel Shares Fall As Data Centre Growth Fails To Impress
You can't please everyone. Intel posts solid fiscal results, yet Wall Street remains unimpressed by its data centre growth
HP’s Final Results Show PC, Printer Challenges
Final set of financials before the HP split reveals declines in PCs and printers, but enterprise growth
Facebook Users Cross Billion Threshold As Mobile Ads Grow
Facebook averages over one billion users a day, as mobile continues to be principle growth driver