Profit leapt by 50 percent
Samsung’s bottom line was not really harmed by the Note 7 fiasco and the outfit saw its fourth-quarter profit leap 50 percent from a year earlier to its highest level in more than three years.
AMD executives can’t really get a break, even when the company is doing well. Normally when execs start flogging off their shares it is because the company is going to announce something unpopular which will send share prices downwards. However, in AMD’s case they did the opposite.
E Ink Holdings expects shrinkage
E-paper maker E Ink Holdings (EIH) has warned that its consolidated revenues for the fourth quarter of 2016 will decrease on quarter because shipments peaked in the third quarter.
Europe looking good
In a slap in the face for Brexit, British mobile phone outfit Vodafone reported a better-than-expected 4.3 percent rise in core earnings in the first half of the year, helped by improving trading in big European markets like Germany and Italy.
Nothing Zen about this
As we predicted, the GPU maker named after a Roman vengence daemon, Nvidia, has produced a really good set of results with a record revenue of $2 billion, up 54 percent from a year ago.
Expect big numbers
The GPU maker named after a Roman vengeance daemon, Nvidia, is set to announce a rather positive set of results today.
31.4 percent thanks to basketball game
Videogame publisher Take-Two Interactive Software Inc reported a 31.4 percent rise in adjusted revenue thanks to its basketball game "NBA 2K17."
Midrange is a black hole of depression
Sony Mobile has lowered the target of its smartphone shipments for fiscal 2016,to 17 million units from its previous forecast of 19 million units in July.
Mobile kills off nice display
Troubled phone maker LG has seen its third quarter operating profit fall 3.7 percent from a year earlier.
And this time it is cloudy
After years languishing under the reign of its shy and retiring CEO Steve “there is a kind of hush” Ballmer, it seems that Microsoft is back in a role of global dominance, thanks to it actually betting on cloud technology reasonably early.