News - subcat

Samsung and SK hynix warn punters the DRAM drought will drag on
Published in PC Hardware


The memory giants say profit comes first 

Samsung and SK hynix, which churn out more than 70 per cent of the world’s DRAM, have decided that the current memory boom is an opportunity to squeeze long-term profits.

TSMC downplays tariff threat
Published in News
Tuesday, 03 June 2025 10:27

TSMC downplays tariff threat


TSMC downplays tariff threat, touts AI boom and record profits

TSMC says it is on course for record revenue and earnings this year, with AI demand roaring ahead and tariffs posing little direct threat.

Qualcomm reports strong fourth quarter earnings
Published in News


More buybacks

Qualcomm reported robust fourth-quarter earnings  exceeding Wall Street expectations and projecting a strong December quarter.

Apple admits that iPhone was a one-off
Published in News
Wednesday, 06 November 2024 10:15

Apple admits that iPhone was a one-off


Nothing will be that profitable again

The fruity cargo cult Apple has warned investors that future products may never be as profitable as its iPhone business as it pushes into unproven new markets such as artificial intelligence and virtual reality headsets.

Apple shrugs off €10 Billion EU tax charge
Published in News
Friday, 01 November 2024 10:06

Apple shrugs off €10 Billion EU tax charge


Still makes a profit who cares?

Legions of Apple fanboys who insist on buying its products propped up the fruity cargo cult despite its one-time €10.2 billion tax charge linked to a long-standing European tax ruling

Samsung Electronics warns coronavirus  will damage consumer sales
Published in News


But there will be a boom in memory chips

Samsung warned the coronavirus pandemic would hurt sales of smartphones and consumer electronics this year, while demand from data centres would fuel a recovery in memory chip markets.

AI is only good for the capitalists
Published in AI
Monday, 08 April 2019 12:19

AI is only good for the capitalists


The workers are still doomed

Futurist Gary Grossman has warned AI "may be the fastest paradigm shift in the history of technology may not create as many jobs as its displaces.

Amazon doubles profits and pays no tax
Published in News
Monday, 18 February 2019 11:38

Amazon doubles profits and pays no tax


Paying tax is socialism in the US

While millions of middle and lower class Americans have just discovered that they are paying more tax under new Republican tax cuts, they will be no doubt overjoyed that Amazon's tax bill was nothing this year. 

LG sees profits rise
Published in News
Friday, 06 July 2018 11:26

LG sees profits rise


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.

Cisco sees quarterly profit rise as turnaround works
Published in News


Software better than hardware

Cisco Systems reported its first rise in quarterly revenue in more than two years and forecast upbeat current quarter profit, as the network gear maker’s years long efforts to transform into a software focused company appears to be paying off.