Techresults

Slump in smartphone biz? Samsung Q2 profit estimate misses forecast

Samsung Electronics Co Ltd missed quarterly earnings forecasts on Friday as it reported a 47 percent rise in April-June operating profit to a record 9.5 trillion won ($8.3 billion), reviving concerns for growth in its smartphone business.

Facebook shares worth no more than $25, says Barron's

Shares of Facebook Inc, which were given a boost last week when the social networking company reported first quarter results that largely met analysts' expectations, may be over valued, financial newspaper Barron's.

HTC's poor show continues, Q4 profit below expectations

Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain.

Zynga's Q3 revenue beats Street view, shares up 16 percent

Zynga Inc's shares climbed 16 percent on Thursday after the maker of the online game "FarmVille" reported third-quarter revenue that dropped 68 percent but beat Wall Street's expectations.

Google's Q3 results see revenue rise by 23 percent, shares soar

Google Inc's quarterly results beat Wall Street's expectations as the Internet search giant expanded its mobile business while keeping ad-rate slides in check, offsetting deepening losses from Motorola.

Intel reports modest Q3 results, next-gen Broadwell chips delayed

Intel Corp's third-quarter results modestly beat expectations on Tuesday, but its current-quarter revenue outlook fell short and it warned that production of its upcoming Broadwell processors was delayed.

Samsung posts record $8.5 bn profit but mobile business shrinks

Samsung Electronics Co Ltd is under mounting pressure to produce eye-catching new smartphones after its mobile business shrank 3.5 percent in the second quarter, taking the gloss off a record $8.5 billion operating profit.

Falling ad rates, Motorola losses dent Google's Q2 results

Google Inc on Thursday reported second-quarter results short of Wall Street's estimates as weakening prices for the Internet company's ads and widening losses from its Motorola mobile phone business weighed on the bottom line

Lenovo's quarterly profit up 90 percent as smartphone sales grow

Computer maker Lenovo Group said Thursday its latest quarterly profit rose 90 percent as sales of smartphones and mobile computing technology expanded.

HP's slump deepens in Q2 as earnings fall 32 percent

Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.