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Nintendo's profit for 2010 declines 66%

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Nintendo's profit for 2010 slumped, despite the fact that the company managed to sell 3.61 million Nintendo 3DS portable systems. The Japanese games company profits plummeted during 2010, with a massive decline of 66% from...

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Qualcomm Q2 Profit Rises 29%

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Wireless chip maker Qualcomm Inc. posted a 29% increase in fiscal second-quarter earnings. Qualcomm's Chief Financial Officer William Keitel said demand for high-speed wireless devices was stronger than expected in every region around the globe, helping...

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Facebook grows and may generate income

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News is being reported on the BBC Technology website regarding several aspects of Facebook's growth into a much greater entity. An announcement at TechCrunch 50 in San Francisco, a conference for start ups, reveals another...

Vivendi 2nd Quarter Net Profit Up 12%

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Vivendi SA, the majority shareholder in publishing giant Activision Blizzard, has reported a 12 per cent rise in net profit for Q2, 2008. The company announced a total of EUR 667 million for the...

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Dell Post Strong Q1 Profit Results

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Dell has just released quarterly figures showing that in the first 3 months of this year, ending May 2nd, Dell has earned $784 million, up from $756 in the same period last year. Revenue for...

Microsoft expected to post sharp profit rise

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Microsoft is expected to report a sharp rise in quarterly profit this week, boosted by surging revenue as strong computer sales drive demand for its Windows operating system and Office software. Investors will also look...

Best Buy 3Q Profit Rises, Boosts Outlook

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Best Buy Co., the nation's biggest consumer electronics retailer, said Tuesday its third-quarter profit jumped 52 percent, boosted by holiday shopping and sales of higher-ticket items such as flat-panel TVs. The results beat Wall...

HP Profit Rises as Notebook Sales Grow

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Hewlett-Packard Co., the world's largest personal computer maker, issued a better-than-expected quarterly profit and outlook on Monday, driven by strong sales of notebook computers. HP also announced an $8 billion additional share buyback program, but...

Yahoo Q3 Profit Slips 5 Percent

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Still feeling the effects of a major reorganization, officials from search-engine Yahoo announced yesterday that third-quarter net income fell 5 percent, to $151.3 million, from $158.5 million in the same period a year earlier, despite...

Adobe Profit Surges 117%

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Adobe Systems Inc. is raking in the cash as it reported today that its third-quarter profit more than doubled last year's, setting a revenue record and easily exceeding Wall Street's already bullish expectations as the...

Profit at India's HCL Technologies Doubles

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Indian software company HCL Technologies Ltd. announced today its profit in the most recent quarter doubled from a year ago, thanks to a slew of new outsourcing orders that more than offset the impact of...

Deutsche Telekom's Profit Falls 40 Percent

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Deutsche Telekom AG said Thursday that its second-quarter net profit fell by 40 percent as more than half a million customers abandoned its traditional land-line offerings for cheaper rivals or switched completely to mobile phones....

Sun Posts Profit as Costs Fall

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Despite its recent financial woes, Sun Microsystems, the world's third largest manufacturer of business computer servers, has managed to return a profit this quarter. Although Sun's revenue rose only marginally, going from $3.83 billion to...

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