quarterly profits

Stories 21 - 28 | << Prev 

eBay Profits Jump 22% Under New CEO
eBay Profits Jump 22% Under New CEO
EARNINGS REPORT

eBay Profits Jump 22% Under New CEO

Site raises projected revenue to $9B, exceeds estimates

(Newser) - EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street...

Intel Trims Q1 Profit Projections
Intel Trims
Q1 Profit Projections

Intel Trims Q1 Profit Projections

An oversupply of flash memory chips is continuing to drive down prices

(Newser) - Falling prices for flash memory prompted chipmaker Intel Corp to trim its first quarter gross-profit projection slightly yesterday, driving share prices down nearly 3% in after-hours trading, reports Bloomberg. Analysts said oversupply for NAND flash chips—used in cameras, music devices, and mini-storage devices—would likely persist into the third...

Exxon Posts Historic Profits
Exxon Posts Historic Profits

Exxon Posts Historic Profits

No US company has ever made more money, quarterly or annually

(Newser) - Exxon Mobil today reported the biggest quarterly and annual profit in US history, the Wall Street Journal reports, as record oil prices propelled net income up 14%, to $11.66 billion, or $2.13 per share. That topped analyst estimates, and investors rushed to the stock in pre-market trading. Annually,...

Amazon Gets Late Christmas Present
Amazon Gets Late Christmas Present

Amazon Gets Late Christmas Present

Holiday shopping doubles retailer's quarterly income

(Newser) - Amazon's net income more than doubled in the fourth quarter, in part because of the retailer's sales gimmicks for the holidays, reports the Wall Street Journal. In addition, Amazon released a cheerier than expected forecast for this year's first quarter. The good news could help soothe Wall Street's nervousness over...

On the Rebound, Sony Profits Soar
On the Rebound, Sony Profits Soar

On the Rebound, Sony Profits Soar

Despite Playstation 3 flop, technology giant prepares for recovery

(Newser) - Despite big losses in Playstation 3 sales, Sony reported a slight quarterly profit jump, a signal that cost-cutting and downsizing have been effective economic spurs for the Japanese technology giant. Electronics profits increased 12-fold to $939 million, with sales, especially of digital cameras, up more than 20%, the New York ...

AT&T Profits Boosted by Wireless Sales and iPhone

Wireless subscriptions reached 65.7 million

(Newser) - AT&T quarterly profits went up 42%, boosted by strong wireless sales and by the ever-nifty Apple iPhone. Total wireless sales hit 65.7 million, much of the increase coming from the company's purchase of BellSouth—which made AT&T the sole owner of Cingular. “We had an excellent...

Toyota Banks Best-Ever Quarter
Toyota Banks Best-Ever Quarter

Toyota Banks Best-Ever Quarter

Good yen rate bolsters $4B quarter

(Newser) - Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an...

Ford Turns 1st Quarterly Profit in 2 Years

Automaker thumps expectations, moves into black for 2007

(Newser) - In a surprise turnaround, Ford reported a $750 million quarterly profit today, ending seven quarters in the red by declaring earnings of 31 cents per share. Excluding profits related to the sale of Aston Martin and job cuts, the figure was 13 cents per share ($258 million), Bloomberg reports. Ford...

Stories 21 - 28 | << Prev 
Most Read on Newser