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Nintendo profit falls as Wii U flails

2016-02-02 13:02:05| BBC News | Business | UK Edition

Nintendo's latest quarterly profit is 36% down, fuelling speculation it plans to reveal a successor to the Wii U soon.

Nintendo Profit Falls 36% on Lack of Hit Games, Currency

2016-02-02 11:03:28| Electronics - Topix.net

Nintendo Co. reported a 36 percent fall in third-quarter profit after a lack of hit game titles hurt holiday sales of its Wii U and 3DS hardware and the absence of currency windfalls that boosted the year earlier.

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Qualcomm profit falls less than expected, sees better H2

2016-01-27 23:01:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported a smaller-than-expected drop in profit for its fiscal first quarter to December, citing strong 3G/4G device shipments and its cost-cutting efforts. Revenues were still down 19 percent year-on-year to USD 5.8 billion, while net profit dropped 24 percent to USD 1.5 billion. EPS declined 15 percent to USD 0.99, a smaller drop than the 23-32 percent forecast earlier by the company. For fiscal Q2, Qualcomm forecast a further drop in sales, of 17-29 percent on an annual basis to USD 4.9-5.7 billion. EPS is expected to improve 10-25 percent from a year earlier to USD 0.90-1.00, helped by its share repurchases. The company said design traction for its new Snapdragon 820 processor remains strong, and it expects improving trends in the chipset business in the second half of fiscal 2016.

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Biogen 4Q profit falls on costs, but tops forecasts

2016-01-27 20:23:55| Biotech - Topix.net

In this Feb. 15, 2006, file photo, two women walk by Biogen Idec corporate headquarters in Cambridge, Mass. Biogen reports financial earnings Wednesday, Jan. 27, 2016.

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