Go Pro Wobbles Then Crashes As Revenues Fall
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May 4, 2018
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It was a YoYo ride for action camera maker GoPro as their shares initially jumped, but as financial reality set in the... Read More
LG Looking Good
South Korea’s LG Electronics expects Q1 operating profit to rise 20 percent from a year ago to its highest in nine years,... Read More
Marvell Buys Cavium For $6bn
SAN FRANCISCO – Chipmaker Marvell Technology is acquiring rival Cavium for US$6 billion. The deal comes amid rapid consolidation in the semiconductor... Read More
Samsung Topples Intel As No. 1 Chipmaker
Samsung, known mostly for its smartphones and televisions, has taken the mantel from Intel as the world’s largest chipmaker by revenue. Samsung’s... Read More
Games Revenue Exceeds $100M
Revenue from computer games has exceeded US$100 billion globally in a single year for the first time, with China overtaking the US... Read More
Dicker Ticker Gets 10pc Flicker
ASX-listed technology products distributor Dicker Data has reported a 10 percent rise in group revenue to $1.18 billion for the year to... Read More
First-Half Revenue, Profit Slump; Telstra Shares Take A Bath
Telstra shares plunged 6.5 percent on the ASX yesterday after the No 1 telco reported a 12 percent drop in net income... Read More
Intel Reports Revenue Growth Driven By Internet Of Things And Data Centres
Intel has reported a 9.8% rise in quarterly revenue, with strong growth in its internet of things and data centre operations. The... Read More
Alibaba Figures Raise Doubts
China’s Alibaba has reported a whopping US$17.8 billion of sales during its online shopping bonanza Singles’ Day – which sold goods and... Read More
Fitbit Hit By Low Revenue Forecast
Tough competition in the fitness wearable market has seen Fitbit report a significantly lower than expected revenue forecast for the Christmas season.... Read More
