What pandemic? Apple defies store closures, stalling economies and the global Coronavirus pandemic to deliver strong financials
News financial report
Amazon Tells Investors To ‘Take A Seat’ As Spending Rises
Sitting in the sweet spot as Amazon takes advantage on demand for online goods, groceries and cloud services during Coronavirus lockdown
Apple Profits Dip But Sales Rise, Amid Global Pandemic
Modest dip in quarterly profits at Apple due to closure of its retail stores in key markets during the global Coronavirus pandemic
Facebook Advertising Growth Slows Amid Pandemic
The global slowdown in the digital advertising market due to the Coronavirus pandemic, slows advertising revenue growth at Facebook
Coronavirus: Google Profits Rise, But Warns Of Pain Ahead
Alphabet delivers strong set of quarterly financial results, despite advertising decline in March as global Coronavirus pandemic starts to bite
Microsoft Warns Of Coronavirus Impact
Redmond does not expect to meet its guidance for sales of Windows and Surface devices due to the coronavirus outbreak
HP $15 Billion Share Buyback To Thwart Xerox Advances
HP board announces ‘financial value creation plan’ that will see it buy back billions in shares, to defeat Xerox’s offer that ‘meaningfully undervalues HP’
Microsoft Cloud Growth Pleases Wall Street
Microsoft is now worth $1.25 trillion after stock price rise thanks to continued growth of Redmond’s Azure cloud business
Facebook Shares Fall Amid Sharp Rise In Costs
Social networking giant delivers strong financial results, but investors took fright at big increase in expenses and costs
Microsoft Reaps Cloud Growth Benefits, But Surface, Xbox Struggle
Cloud focus continues Microsoft’s momentum, amid warning signs over Xbox and Surface performance
IBM Profit Slumps As Tech Services Struggles
Big fall in profits at Big Blue as tech services division declines, as does IBM’s systems division
Samsung Profit Halves Amid Flagship S10, Memory Chip Slowdown
Galaxy S10’s sales momentum is ‘weak’, but slow sales of memory chips is also not helping matters
Alphabet Results Ease Advertising Slowdown Worries
Advertising sales drive profit and sales growth at Google parent, beating Wall Street expectations
Profits Slump At Samsung Due To Chip Sale Slowdown
Better times ahead predicts South Korean electronics giant after profits take a hit in the first quarter
Alphabet Profits Surge, But Spending Worries Investors
Shares in Google parent slide after heavy Q4 spending, but healthy advertising revenues bolsters financials
Microsoft Disappoints As Azure Growth Slows
Stocks take a hit as Azure cloud growth slows, but Redmond still grows and remains profitable
Facebook Growth Slows Amid Saturation In Developed Countries
User growth continues to slow as Zuckerberg admits saturation in developed countries
Intel Pleases With Profit, Revenue Growth
Positive third quarter results for chip giant thanks to data centre growth and PC demand
IBM Quarterly Results Reveal Growth Challenge
Bad day at the office for Ginni Rometty as IBM financials shrink yet again, as software sales stutter
Samsung Profits Slip As Galaxy S9 Misses Sales Targets
Smartphone slowdown. South Korean giant feels the pressure from cheaper Chinese handsets
Intel Delays 10nm ‘Cannon Lake’ Processors To Late 2019
Four years late. Fresh delay for next generation Cannon Lake processors, with mainstream release now only expected in late 2019
Amazon Profits From Cloud, Advertising Growth
Profits ahoy. Amazon’s positive outlook cheers investors after Facebook disappointment
Facebook’s Strong Results Offset By Profit Warning
Investors take fright after Facebook warns that profit margins will be squeezed by ad slowdown and privacy demands
HP Profits From Hardware As PC, Printer Sales Soar
Good quarter for hardware as sales of PCs and printers helped HP record increased profits and revenues
Samsung Starts Making Crypto-Currency Mining Chips
Chippy business. South Korean electronics giant is making chips designed to harvest crypto-currency coins
Samsung Predicts Record Q2 Profit Amid Strong Chip Demand
Return to strength for Samsung as demand for memory chips helps drive profits at electronics giant
HP & Lenovo Benefit From PC Demand Despite Industry Gloom
Positive financial results at two largest PC makers despite gloomy PC market
Facebook Warns Of Ad Saturation, As Profit, Revenue Surges
Quarter of the world’s population now uses Facebook, with nearly two billion people signed up to the social network
Apple Surprises With Another iPhone Decline
Waiting for the 10-the anniversary handset? Shipments of the iPhone continues to decline
Tech Quiz: The Week In Review (28 April)
Another week filled with tech news, but have you been paying attention?