Idea Cellular Q2 Net jumps 68.8 percent to Rs 755.88 crore
Telecom services major Idea Cellular today posted 68.8 percent jump in consolidated net profit at Rs 755.88 crore for the quarter ended September 30, 2014. This is against a net profit of Rs 447.61...
View ArticleIBM to pay $1.5 billion to GlobalFoundries to buy its chip division
IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter...
View ArticleApple Q4 2014 earnings: 39.3 million iPhones, 12.3 million iPads, and 5.5...
Apple announced its Q4 2014 earnings last night, and it has crushed all the estimates. The Cupertino-giant posted quarterly revenues of $42.12 billion and profit of $8.5 billion. This is up from...
View ArticleBharti Infratel September-quarter net profit up 68 percent to Rs 465 crore
Tower firm Bharti Infratel today reported a 68 percent jump in consolidated net profit at Rs 465 crore for the quarter ended September 30, 2014 on the back of increased number of tenants on towers. The...
View ArticleTwitter adds 13 million users in Q3, taking its total monthly active users...
Twitter announced its Q3, 2014 earnings last night and it has beat analyst estimates by posting revenue of $361 million. Additionally, the micro blogging site also announced that it now has over 284...
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Here’s why Facebook is a mobile first company
Facebook has revealed that nearly 864 million users accessed the social networking site every day in September, out of which 703 million users accessed it on their mobile phones. In its third quarter...
View ArticleSamsung vows changes after mobile profit plunges
Samsung admitted erring in its smartphone strategy and vowed to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years. The South Korean...
View ArticleAirtel Q2 net profit shoots up to Rs 1,383 crore
Bharti Airtel, country’s largest mobile operator, today reported nearly three-fold jump in consolidated net profit to Rs 1,383 crore for the second quarter ended September 30, 2014 on the back of...
View ArticleNokia announces 443 million Euros net profit, 10 percent sales growth in Q4,...
Nokia made a net profit of 443 million Euros ($502 million) in the fourth quarter and sales grew nearly 10 percent. Its share price however fell as the results were offset by a poor performance in some...
View ArticleSamsung posts first annual profit decline in three years
Samsung Electronics, the world’s largest smartphone maker, posted its first drop in annual net profit in three years, days after arch-rival Apple reported the biggest corporate profit in history. The...
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