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Wipro quarterly profits rise 18 per cent to $313 million on strong demand

2013-01-18 08:51:16| IT Services - Topix.net

Wipro reported an 18 per cent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

Tags: strong million rise demand

Intel sales, profits slide for 2012, but data center business growing

2013-01-17 23:58:01| InfoWorld: Top News

Intel saw sales and profits drop in 2012, as the company was hit by a slide in demand for personal computers and its continued inability to make it big in the smartphone and tablet markets, but its data center business continued to grow. The world's biggest chip maker reported revenue of $53.3 billion for the year, down 1.2 percent compared with 2011, and posted net income of $11 billion, down 15 percent.

Tags: business data center sales