Intel beats estimates but shares fall
Swan sad now 7 nm falling behind
Chipzilla provided Wall Street with better results than expected, but the cocaine nose jobs which inhabit that strange kingdom wrote Intel off anyway.
Microsoft’s value has grown by a third
Remote computing enthuses Wall Street
The cocaine nose jobs of Wall Street have pushed up the value of Microsoft shares by a third, thinking that the pandemic-induced shift to more remote computing will boost its business.
Acer posts record revenues
Corona Virus was good for some
Acer seems to have done well out of the corona virus and announced its consolidated revenues for June at $2.22 billion up 27.2 percent month on month (MoM) and by 4.9 percent on last year.
Dell doing well
Even if it is taking the opportunity to freeze everything
While tin box shifter Dell has frozen employee pay rises, retirement plan contributions and hiring across the business to "counter the financial impact of COVID-19" its results show that it is doing rather well out of the pandemic.
Nvidia surprises Wall Street
Data centres prop up second quarter
Nvidia forecast second-quarter revenue above analysts’ estimates, as demand surges for its chips used in the data centres that power the shift to working remotely because of the new coronavirus outbreak.
Lenovo does better than expected
Slump in profits but could have been worse
Lenovo reported a slump in fourth quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than the cocaine nose jobs of Wall Street expected.
Qualcomm's bottom line saved by 5G
5G was the cure for COVID-19 pandemic woes
There is some scientific evidence that rather than causing COVID-19, 5G might be the actual cure – at least if you are a company.
Portents of doom in Intel results
Everything is good now though
Chipzilla said that its earnings and revenue spiked well above expectations in the first quarter, but predicted that profit would come in lower than projections in the second quarter, sending shares down in after-hours trading.
Huawei posts 5.6 percent rise in 2019 profit
Smallest increase in three years but not bad given the circumstances
Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying US campaign to shut it down.
Foxconn sees profit fall
Pandemic issues not included
Foxconn reported a 23.7 percent fall in profit in the last three months of 2019 and it is still bracing itself for the full impact from the coronavirus pandemic.