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Xbox sales boom as virus maintains grip on economy

2021-01-27 00:04:08| BBC News | Business | UK Edition

Demand for the video game and cloud computing services helped push Microsoft sales to a new quarterly record.

Tags: sales economy xbox virus

U.S. pork, beef maintains strong presence at SIAL China 2020

2020-11-12 15:05:00| National Hog Farmer

U.S. industry's presence was notable due to the absence of some competitors, such as Meat and Livestock Australia.

Tags: china strong presence maintains

Telefonica slows sales decline to 12% in Q3, maintains cash flow target

2020-10-29 09:15:00| Telecompaper Headlines

(Telecompaper) Telefonica reported another double-digit decline in revenues in the third quarter, hurt by the Covid-19 pandemic and negative forex effects. Sales were down 12.1 percent to EUR 10.46 billion, compared to a 14.8 percent fall in Q2, while the drop in OIBDA slowed to 2.8 percent to EUR 2.67 billion, after a 25.3 percent drop in the previous quarter. On an organic basis, revenues fell 4.3 percent and OIBDA was down 8.3 percent.

Tags: sales cash target flow

Microsoft maintains quarterly revenue growth at 12% on demand for Azure, consumer products

2020-10-28 09:02:00| Telecompaper Headlines

(Telecompaper) Microsoft maintained solid double-digit growth in its fiscal first quarter to September, thanks to demand for its cloud services as well as consumer products. Revenue rose 12 percent year-on-year to USD 37.2 billion, slowing only slightly from 13 percent growth in the previous quarter. Operating profit was up 25 percent to USD 15.9 billion, and net profit jumped 30 percent to USD 13.9 billion.

Tags: products growth microsoft consumer