Remote working boom
China’s Lenovo posted a better than expected quarterly profit on Thursday and said it is capturing opportunities emerging from remote working and education.
Profit up 34 percent
Foxconn reported a better than expected quarterly profit as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.
Nintendo’s operating profits increased by 427.7 percent during April to June and it was not because people were locked up with nothing to do.
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.
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.
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.
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.
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.
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.