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Strong smartphone sales lead Samsung to record quarterly profit
- Samsung set a new net profit record of 7.15 trillion won ($6.4 billion) in the first quarter of 2013 thanks to strong smartphone sales. That’s up from 5.05 trillion won during the same time a year ago and higher than…
Facebook profits tumble due to heavy mobile spending
- Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,…
Samsung reports $52.45 billion in revenue, good for $8.27 billion profit
- Samsung recently reported fourth quarter 2012 earnings which narrowly outpaced estimates released earlier this month. The South Korean multinational conglomerate earned revenues of roughly $52.45 billion with a profit of $8.27 billion. Samsung said the profit was up 10 percent…
Asus reports positive third quarter, credits strong tablet sales
- Asus have plenty of reasons to celebrate today. In the wake of dreadful quarterly reports from fellow PC makers Dell and HP earlier this year, the Taiwanese computer and tablet maker posted positive third quarter results on Tuesday.
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Google, NASA join forces to build quantum computing laboratory
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