Tech
  • Panasonic said it will lose almost $10 billion this business year as it writes down billions of dollars of goodwill and assets in its mobile and energy units.

    LAST UPDATE : Dec 11, 2012, 4:00 PM EST
    Story
  • General view of the Samsung Galaxy Note II launch on October 24, 2024 in New York City. South Korean technology powerhouse Samsung Electronics Coposted a fourth straight record quarterly profit - of $7.4 billion - with strong sales of its Galaxy range of phones masking sharply lower sales of memory chips.

    South Korean technology powerhouse posts a fourth straight record quarterly profit, with strong sales of its Galaxy phones masking lower sales of memory chips.

    LAST UPDATE : Dec 11, 2012, 6:30 AM EST
    Story
  • This December 9, 2024 photo shows the internet site of Amazon.com.  Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

    The world's largest Internet retailer spends heavily to expand existing operations and develop new businesses, reporting third-quarter net losses of $274 million.

    LAST UPDATE : Dec 11, 2012, 6:00 AM EST
    Story
  • Apple senior vice president of worldwide marketing Philip Schiller introduces the new iPad mini during an Apple event in San Jose, California in this October 23, 2024 file photo. Apple Inc reported quarterly revenue October 25, 2024 that met Wall Street expectations even as iPad sales were disappointing.

    By Poornima Gupta

    SAN FRANCISCO, Oct 25 (Reuters) - Apple Inc delivered another quarter of lackluster results and iPad sales fell well short of Wall Street targets, pushing its stock down more than 1 percent.

    The world's most valuable technology company, whose share price flirted after hours with sub-$600 levels for the first time since August, delivered results largely in line with expectations. It had missed revenue forecasts a quarter ago.

    LAST UPDATE : Dec 11, 2012, 6:00 AM EST
    Story

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