Archive for 'tech-industry'

Apple reports a huge profit but sales disappoint

Apple has racked up another hugely profitable quarter on sales of iPhones and Macintosh computers, though its revenue growth was slower than expected. Apple on Tuesday reported a profit of $7.7 billion for the April to June quarter, up 12 percent up on the same period last year and ahead of analyst estimates of $7.5 […]

Five takeaways from the Apple earnings call

Apple reported its quarterly numbers on Tuesday, a mixed bag that saw profits rise up but sales fall short of the mark. Here are five takeaways from the earnings call that followed. Apple’s pouring more money into R&D Apple has spent US$3.3 billion in the past nine months on research and development. That’s 3.1 percent […]

Lenovo’s Q1 profit grows 25 percent on PC, smartphone gains

Lenovo’s net profit grew 25 percent year-over-year in the first quarter as the Chinese company continued to make gains in the PC and smartphone markets. During the period ended March 31, Lenovo’s net profit reached US$158 million, up from $127 million a year earlier. The company’s revenue also increased, by 19 percent to $9.4 billion. […]

Acer back in profit, but barely

After three consecutive quarters of net losses, PC maker Acer has reported a profit in this year’s first quarter on better control of costs. The recovery was, however, very small with the company generating NT$1 million (US$33,000) in net profit during the period, Acer said in its earnings report on Thursday. The first quarter profit […]

Microsoft launches Windows 8

Microsoft has officially launched Windows 8, its latest operating system for desktop PCs, laptops and tablets.