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in Mobile News
April 28, 2018

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 maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels as a challenge for the second quarter, while its […]

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in Cloud Update
March 9, 2018

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 and marketing software. Shares of the company, which have risen nearly 14 percent this year, were up slightly at $117 in extended trading. The San […]

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in Cloud Update
January 3, 2018

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 for the quarter trumped Wall Street estimates, as did revenues. Redwood Shores, California-based Oracle’s second-quarter profit rose to $2.23 billion or $0.52 per share from […]

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in Mobile News
December 23, 2017

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 on Wednesday amid strong enterprise software sales and licensing revenue, sending its Toronto-listed shares surging 12 percent to a four-year high. The company, which has […]

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in Cloud Update
October 27, 2017

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 personal computer software business stabilized. Shares of the technology giant were up 1.76 percent at $80.15 in trading after the bell. Microsoft’s focus on fast-growing […]

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in Cloud Update
July 25, 2017

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 as much as 1.5 percent in trading after the bell on Thursday. They had touched a record high of $74.30 in regular trading. Microsoft said […]

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in Uncategorized
July 20, 2017

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 growth, results from Europe’s most valuable technology firm showed on Thursday. Core profits excluding special items rose 3 percent to 1.57 billion euros at constant […]

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in Cloud Update
March 21, 2017

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 revenues. Earnings for the quarter trumped Wall Street estimates, while revenues fell short of expectations. Redwood Shores, California-based Oracle’s third-quarter profit rose to $2.24 billion […]

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in Mobile News
October 27, 2016

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 only cost the company billions of dollars in recall but also tarnished its image. The third quarter earnings were announced just hours before the start […]

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