Notebooks doing well but printers are pants
HP has surprised the cocaine nose jobs of Wall Street with a higher than expected quarterly revenue and profit as demand recovered for its notebooks.
But mobile phones not what they are cracked up to be
China's Lenovo saw its first quarter profit jump nearly two thirds but its mobile arm lost money again as a $3 billion bet on buying Motorola to diversify has yet to pay off.
$504 million for April June
LG Electronics appears to be doing rather well all of a sudden and says its second-quarter operating profit will reach a two-year high.
Payback is cool for Catz
Data-storage outfit Oracle is blaming the fact that Google “illegally” used Java in Android for all the woes which have befallen the company.
But margins will fall
MediaTek expects to post revenue growth of 24-32 percent in the second quarter of 2016, but also thinks its gross margins for the quarter will fall.
Suddenly it became like everone else
While the bottom had dropped out of the PC market, Micron had been managing to do quite well. Today though it suprised observers by forcasting a surprise loss for the second quarter.
Predicts it can make its cash elsewhere
Intel said 2016 sales will climb in the "mid single-digit" percent range and said it didn’t need a buoyant personal-computer market to make piles of dosh.
20 per cent lower than last year
The war with Qualcomm appears to have had its causalities amongst Mediatek's bottom line.
Better than predicted
Will spend more on research and sales