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.

Samsung made loads a money
Published in News

Will split its stock

Samsung announced its first stock split as it expects demand for semiconductors to remain firm in 2018, while it posted record annual profit driven by a memory chip “super-cycle”.

Samsung's new bosses step from out of the shadows
Published in News

Huge payouts to shareholders 

Samsung Electronics named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third quarter profits.

Samsung sees profits up by 72 percent
Published in Memory

Thanks for the memories

Samsung Electronics has said its second-quarter operating profit rose 72 percent from a year earlier to a new record.

MediaTek expects eight percent boost in revenue
Published in News

$1.86 billion in the second quarter

MediaTek expects its second-quarter revenues to see sequential increase to $1.86 billion.

Apple announces huge corporate tax dodge today
Published in News

Expect the Tame Apple Press to give it another headline

Fruity cargo cult Apple is expected to announce the results of a huge corporate tax dodge today, but expect the Tame Apple Press to be running stories about how wonderful the company is.

Samsung making rather a lot of cash
Published in Mobiles

All thanks to its chips

Samsung is better than Apple at making money. Sure, it might not have margins as good as the fruity cargo cult, it might not make as much cash, but it appears to be unstoppable.

Apple spun its “record” results
Published in News

These are not the record profits that the press claimed

The fruity tax dodging cargo cult may have spun its results last week so that the Tame Apple Press thought that it had done much better than was expected.

Melting smartphones didn’t stop Samsung
Published in Mobiles

Profit leapt by 50 percent

Samsung’s bottom line was not really harmed by the Note 7 fiasco and the outfit saw its fourth-quarter profit leap 50 percent from a year earlier to its highest level in more than three years.

HP does better than expected
Published in News

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.