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Wal-Mart sees quarterly profits rise

2013-02-21 14:48:22| BBC News | Business | UK Edition

Wal-Mart posts a rise in fourth-quarter profits, benefiting from a delayed tax rise in the US, but the supermarket giant says sales were slower at the start of the year.

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Apple quarterly profits flat, sales growth slows

2013-01-24 08:28:00| Telecompaper Headlines

(Telecompaper) Apple posted record quarterly revenue for the first quarter of fiscal 2013, ended 29 December 2012, totalling USD 54.5 billion, up from USD 46.3 billion year-over-year. The gross margin was 38.6 percent, down from 44.7 percent. Net profit for the quarter was USD 13.1 billion or USD 13.81 per diluted share, little changed from USD 13.1 billion or USD 13.87 per share a year ago. The results were ahead of Apple's earlier guidance for sales of USD 52 billion and EPS of USD 11.75. The company sold a record 47.8 million iPhones in the three months, up from 37 million a year earlier, and 22.9 million iPads, up from 15.4 million the prior year.

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Siemens' quarterly profits drop

2013-01-23 08:53:41| BBC News | Business | UK Edition

German industrial giant Siemens reports a fall in quarterly profits, adding it expects no help this year from the weak global economy.

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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.

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