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Microsoft Sales & Profit Grow, Surface Struggling

Athina Mallis February 1, 2018 No Comments

Microsoft has released its FY18 Q2 financial results showing a 12 per cent increase in revenue to US$28.9bn and a growth in its operating income by 10 per cent to…

Facebook Profits Rise, Time On Site Plunges

Athina Mallis February 1, 2018 No Comments

Facebook advertising revenue for its 2017 Q4 has risen 48 per cent and its quarterly operating profit grew 61 per cent even after time on the social media site by…

Apple Oz Banks $8bn In Sales, Pays $182m Tax

Computer Daily News January 30, 2018 No Comments

Persistent reports that Apple Australia has not been doing well have been finally put to rest with this week’s publication of Apple’s report for the financial year ended September 30,…

Intel Boasts A Jump In Q4 And FY17 Revenue, Shares Soar

Athina Mallis January 29, 2018 No Comments

Intel is ending 2017 on a strong note with its fourth quarter revenue up 4 per cent to US$17.1bn compared to the prior year and full year revenue at US$62.8bn…

Uber Signs Off On SoftBank Investment Deal For $1.2bn

Athina Mallis January 19, 2018 No Comments

Ride sharing company Uber has finalised its investment deal with Japanese telecommunications company Softbank, with the telco investing US$1.25bn into the company. Dragoneers, TPG and Sequoia Capital also joined in on this…

IBM Reports Growth For The First Time in 22 Quarters

Athina Mallis January 19, 2018 No Comments

IBM has announced its Q4 results for 2017 which sees the company report growth for the first time in 22 quarters with its revenue up 4 per cent to US$22.5bn. Its cloud…