Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit

Samsung Electronics said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers. The world's biggest…

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UPDATE 2-Salesforce profit beats on strong cloud business

By Salvador Rodriguez and Laharee Chatterjee Feb 28 (Reuters) - Salesforce.com Inc posted a quarterly profit that topped Wall Street targets on Wednesday fueled by growth in its cloud-based sales…

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Oracle Profit Tops Street On Strong Cloud Revenues – Update

(RTTNews.com) - Business software giant Oracle Corp. ( ORCL ), Thursday reported an increase in profit for the second quarter, as revenues grew 6 percent reflecting strong growth in cloud revenues. Earnings…

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BlackBerry Profit Beats Estimates on Enterprise Software Sales, Licensing Revenue

HIGHLIGHTS BlackBerry Posts Strong Profit on Enterprise Sales, Licensing Revenue It said more sales, marketing staff will be hired Leadership positions will also see additions Canada's BlackBerry Ltd beat third-quarter earnings forecasts…

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UPDATE 1-Microsoft’s profit beats estimates on gains from cloud services

(Adds details on quarterly earnings, shares) Oct 26 (Reuters) - Microsoft Corp reported a better-than-expected quarterly profit on Thursday as demand for its cloud computing services for companies rose and…

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UPDATE 1-Microsoft profit beats on strong cloud demand (MSFT, AMZN, IBM)

(Adds details, shares) July 20 (Reuters) - Microsoft Corp reported a better-than-expected quarterly profit and revenue, helped by a strong performance in its fast-growing cloud business. The company's shares rose…

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Cloud services lift SAP sales but costs tether profit growth

FILE PHOTO: SAP headquarters in Walldorf, Germany, January 24, 2017. FRANKFURT (Reuters) - Newer cloud services powered a rise in second-quarter revenue at Germany's SAP but higher costs curbed profit…

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Oracle Profit Rises On Cloud Revenues – Update

(RTTNews.com) - Business software giant Oracle Corp. ( ORCL ), Wednesday reported an increase in profit for the third quarter, as revenues grew 3 percent reflecting strong growth in cloud…

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Samsung registers 30% profit decline for Q3 2016 after Galaxy Note 7 recall

Samsung’s profits have declined by over 30% for Q3 2016 as per numbers released by the South Korean tech company. The decline is attributed to theGalaxy Note 7 fiasco that not…

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