Quarterly Profit

  • Smartphones no longer Samsung's star performer April 29, 2014

    Samsung has reported its second straight annual fall in quarterly profit. The company is facing thinning margins in the competitive market space, and its market share has slipped for the first time in 4 years....
  • HTC's fourth-quarter profit below expectations January 5, 2014

    Taipei: Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain. The company reported net profit of T$0.3 billion ($10 million), compared to a net loss of T$2.97 billion ($99.9 million) in the previous quarter and profit of T$1.01...
  • Apple to dole out $100 billion to shareholders by the end of 2015 April 24, 2013

    New York: Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. At the same time, the company said revenue for the current quarter could fall from the year before, which would be the first...
  • Samsung sells 500 handsets every minute January 7, 2013

    Seoul: Samsung Electronics, the world leader in mobiles and memory chips, likely earned a quarterly profit of $8.1 billion, as it sold close to 500 handsets every minute and as demand picked up for the flat screens it makes for mobile devices, including those for rival Apple Inc products. That run...
  • Reliance Comm's Q4 net down 3.3 pc, beats forecast April 30, 2009

    New Delhi: Reliance Communications, India's second-biggest mobile cell phone operator, posted a narrower-than-expected 3.3 per cent fall in quarterly profit on Thursday as the costs of expanding its GSM services weighed. Reliance, which added a record 11.3 million subscribers during the March quarter after it expanded its GSM mobile operations to...
  • Recession-hit Microsoft to cut 5,000 jobs January 23, 2009

    New York: Microsoft Corp shocked Wall Street on Thursday with disappointing results and said it would slash up to 5,000 jobs and stop offering profit forecasts for the rest of the fiscal year. The world's top software maker blamed the weakness of the PC market and the popularity of low-cost...