Finance – Page 50 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

Microsoft Shares Wobble Despite 16% Lift In Revenues

David Richards April 27, 2018 No Comments

Microsoft saw its stock fall as much as 2.5 percent last night despite a positive result. Personal Computing, which includes Windows, devices, gaming and search ads, produced $9.92 billion in…

Sonos Eyes June IPO

Athina Mallis April 26, 2018 No Comments

Wireless speaker company Sonos is preparing for an IPO in either June or July according to those familiar with the matter confirming rumours circulating earlier this month. Two weeks ago, Sonos posted a…

Wall St Mauls FANGs Apple

Computer Daily News April 26, 2018 No Comments

The so-called FANG stocks – Facebook Amazon Netflix and Google (Alphabet) have felt a heap of pain from Wall St this week as their stock plummeted by nearly five percent.…

Lenovo Is Close To Being Axed From Stock Exchange

Athina Mallis April 24, 2018 No Comments

Consumer electronics company Lenovo is close to being booted from Hong Kong stock market index, the Hang Seng Index. Its shares have been tumbling more than other technology company in…

Apple Starts To Tank, iPhone Sales Tipped To Be Down 17%

David Richards April 22, 2018 No Comments

The success of the Samsung Galaxy S9 and the perception that traditional Apple owners, are dumping their iPhones for an Android device, is having a profound impact on Apple share…

Qualcomm Slashes 1500 Jobs To Cut Costs

Athina Mallis April 20, 2018 No Comments

Chip maker Qualcomm is slashing 1,500 jobs at a number of its Californian premises with reports saying this is a move to reduce costs by US$1bn. The job cuts were…

ANZ Mobile Pay Will Shut Down Next Month

Athina Mallis April 13, 2018 No Comments

ANZ is shutting down its Mobile Pay app telling customers to use its Google Pay and Samsung Pay offerings. It sent out an email to its customers explaining from May…

NAB Introduces Google Pay, Apple Users Still Waiting

Athina Mallis April 12, 2018 No Comments

NAB is introducing Google Pay to its banking services, however Apple users are frustrated as the Aussie bank still has not done anything about Apple Pay. To use, add a…

Asus, Acer Take Currency Hit

Computer Daily News April 12, 2018 No Comments

Two of Taiwan’s major IT companies have produced quite different results for the first quarter of 2018 – though both were affected by appreciation of the Taiwanese currency. Asustek Computer,…

Samsung Expecting Strong Q1 Results

Athina Mallis April 9, 2018 No Comments

Samsung Electronics is expecting to continue its strong profit run with the company estimating an operating profit of US$14.7bn (15.6 trillion won) up 58 per cent from the prior year.…