Share prices up five percent

Shares of Facebook rose nearly five percent after the social network reported its third straight rise in the pace of quarterly sales growth as well as an increase in users.

Turn around looks established

IBM reported second-quarter profit and revenue that topped analysts’ expectations as it benefited from growth in higher margin businesses including cybersecurity and cloud computing.

Marketing was a bit of an albatross

LG said operating profit likely rose 16.1 percent in April-June, although it was messed up by a big marketing budget for new products in its TV, smartphone and appliance divisions.

Never mind inovation look at my wad

You would think that with its iPhone cash cow dying and it being unable to make a decent PC any more, Apple would be struggling. But according to its latest results it is still doing quite well.

Margins and operating profit fall

Mobile phone chip designer MediaTek reported 48.4 percent annual growth in net profit for the first quarter of the year, buoyed by a huge asset disposal gain as its operating profit dipped.

Shut your mouth Intel and look at my wad!  

AMD has surprised Wall Street and Intel fanboys by reporting better than expected first quarter results.

 
No phones and VR not making enough

HTC has reported consolidated revenues of $94.77 million for March, up 6.1 percent on the month but down 46.7 percent on the year and the lowest quarterly revenues in 16 years.

Confident about full-year outcome

BT is saying that it will have a 25 percent rise in third quarter pretax profit and is confident about its full year outcome.

Best profit in eight years

The former maker of playing cards Nintendo reported its biggest third quarter operating profit in eight years, driven by smashing demand for its new Switch games console.

Will split its stock

Samsung announced its first stock split as it expects demand for semiconductors to remain firm in 2018, while it posted record annual profit driven by a memory chip “super-cycle”.