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Tag: falls
BlackBerry disappointed by Q2 results as revenue falls 49%
2013-09-27 16:48:00| Telecompaper Headlines
(Telecompaper) BlackBerry has reported revenue of USD 1.6 billion for the second quarter ending 31 August, down 49 percent from USD 3.1 billion in Q1 and down 45 percent from USD 2.9 billion in the year-earlier quarter. The revenue breakdown for the quarter was around 49 percent for hardware, 46 percent for service and 5 percent for software and other revenue. In the second quarter, BlackBerry recognised hardware revenue on around 3.7 million smartphones. Most of the units recognised are BlackBerry 7 devices, part because certain BlackBerry 10 devices that were shipped in Q2 will not be recognized until those devices are sold through to end customers. During the quarter, around 5.9 million BlackBerry smartphones were sold through to end customers.
Tags: results
falls
revenue
disappointed
Li & Fung falls to near four-week low after report on Wal-Mart cutting orders
2013-09-26 05:59:31| Logistics - Topix.net
A spokesman for Wal-Mart said the Bloomberg News story was inaccurate, although the company's shares still fell 1.5 percent on Wednesday.
General Mills profit falls; sales rise with new products
2013-09-18 15:52:11| Food - Topix.net
General Mills Inc reported lower quarterly earnings on Wednesday, but the maker of Cheerios cereal and Progresso soups said sales rose due to the addition of new businesses.
Tags: general
products
sales
rise
General Mills profit falls; sales rise with new products
2013-09-18 15:01:54| Agriculture - Topix.net
General Mills Inc reported lower quarterly earnings on Wednesday, but the maker of Cheerios cereal and Progresso soups said sales rose due to the addition of new businesses.
Tags: general
products
sales
rise
Biotech entrepreneur says industry falls short of potential
2013-09-18 03:49:46| Biotech - Topix.net
Biotechnology firms and business leaders need to think beyond health care if the industry is to grow, according to a leading entrepreneur.
Tags: short
industry
potential
falls
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