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Microsoft posts record revenue, profits due to strong Xbox, Windows Phone, and enterprise sales
2014-01-24 15:22:29| Extremetech
Appearances can be deceiving: Despite its outwardly flailing demeanor, Microsoft has just announced record revenue and profits for Q2 2014 (calendar Q4 2013). On the back of strong Xbox One and 360 sales, and good growth by its commercial licensing divisions, Microsoft managed to bring in $24.5 billion in revenue and $8 billion profit. While Windows remained strong in the commercial/business sector, the consumer sector continues to see reduced demand (and thus revenue and profits. Microsoft continues to obfuscate the actual number of Surface tablets sold, but it did say that revenue and units sold doubled in the last quarter -- but sadly, so did the costs of selling those devices. Surface, for the second year running, is still a loss maker.
Alaska Airlines Reports Record High Profits as Airport Workers Earn Record Low Wages
2014-01-23 22:37:25| Airlines - Topix.net
Alaska Air Group Inc. reported fourth-quarter net income rose to a record $77 million , or $1.10 per diluted share, from $50 million, or 70 cents a year earlier, besting analysts' expectations.
Obama Campaign Donors Bag Record Wall Street Profits
2014-01-07 22:33:49| Beverages - Topix.net
Americans on main street may have a bleak outlook on the Obama economy in 2014, but President Barack Obama's Wall Street campaign donors and friends are scoring record profits off the Obamacare debacle--a reality that may further complicate Democrats' "income inequality" message when voters head to the polls in November.
Canada's chemistry industry reports record profits, strong investment intentions for 2014
2013-12-13 22:54:00| Canadian Plastics Headlines
After a year of record-breaking profits, Canada's chemistry sector plans to make major investments in 2014, according to the 2013 Year-End Survey of Business Conditions released today by the Chemistry Industry Association of Canada (CIAC).
Tags: reports
record
industry
strong
Apple profits down despite record iPhone sales
2013-10-29 08:29:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues stronger than expected for its fiscal fourth quarter to September, led by record sales of the iPhone. Revenues rose to USD 37.5 billion from USD 36 billion a year earlier, just better than Apple's outlook of USD 34-37 billion. The gross margin was also at the top of its outlook, at 37 percent versus 40 percent a year earlier. Net profit fell to USD 7.5 billion or USD 8.26 per diluted share, from USD 8.2 billion or USD 8.67 per share in the year-ago quarter. The company sold 33.8 million iPhones, a record for the September quarter, compared to 26.9 million in the year-ago quarter. iPad sales rose slightly, to 14.1 million units from 14.0 million, and Mac sales fell to 4.6 million from 4.9 million in the year-ago quarter. After operating cash flow of USD 9.9 billion in the quarter, Apple declared a dividend of USD 3.05 per share. Sales in the December quarter are expected to get a boost from the new iPhones and iPads released by the company, reaching USD 55-58 billion. The gross margin is estimated at 36.5-37.5 percent.
Tags: sales
record
apple
profits
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