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Apples iPhone continues to drive record quarterly profits, despite iPad sales stalling

2014-04-24 16:39:30| Extremetech

Late yesterday, Apple (AAPL) reported its fiscal second quarter earnings. Apple made a profit of $10.2 billion in its second fiscal quarter of 2014 on revenue of $45.6 billion, up from $9.5 billion and $43.6 billion respectively for the same quarter last year. The increase in revenue was mostly bolstered by a big jump in iPhone sales (from 37.4 million to 43.7 million). It's not all good news, though. At long last, after one of the most meteoric rises in tech history, the iPad appears to be slowing down: Despite analysts predicting sales of 19.7 million units, Apple only shifted 16.35 million -- a drop of more than 16% from 19.48 million that it sold in Q2 2013.

Tags: sales record drive continues

 

Business Profile: Buehler family continues to offer personal service

2014-04-20 13:02:42| Furniture - Topix.net

This is one in a series of profiles about new Sheboygan-area businesses or those celebrating a milestone.

Tags: service business personal family

 
 

FINLAND: Stockmann to cut 330 jobs as restructuring continues

2014-04-17 18:35:48| Daily apparel & textile news and comment - from just-style.com

Finnish fashion and department store retailer Stockmann Group is pressing on with restructuring measures, which it hopes will reverse falling profits, resulting in 330 job losses.

Tags: jobs cut continues finland

 

Intel sees PC market stabilise, tablet growth continues

2014-04-16 08:44:00| Telecompaper Headlines

(Telecompaper) Intel reported first-quarter revenue of USD 12.8 billion, up slightly from USD 12.6 billion a year earlier but 8 percent lower compared to the fourth quarter. The result was in line with the company's guidance. Its gross margin dropped to 59.7 percent from 62.0 in the previous quarter, and operating profit declined 29 percent on a sequential basis to USD 2.5 billion. Net profit totaled USD 1.9 billion or 38 cents a share, down from 2.0 billion or 40 cents a share a year ago. Intel said it saw signs of improvement in the PC market in Q1, while the data centre and tablet businesses remained strong. After shipping 5 million tablet processors in Q1, Intel said it was on track to meet its annual target of 40 million. The PC Client Group posted revenue of USD 7.9 billion in Q1, down 8 percent sequentially and down 1 percent year-over-year. Data Center Group revenue was down 5 percent sequentially bu 11 percent higher year-on-year, at USD 3.1 billion. Mobile and Communications Group revenue reached USD 156 million, down 52 percent from Q4 and 61 percent lower year-over-year. Software and services generated revenue of USD 553 million, down 6 percent sequentially but up 6 percent year-over-year.

Tags: market growth continues intel

 

Work continues on CF Industries training center near Salix, IA plant

2014-04-16 03:33:24| Chemicals - Topix.net

And, Tuesday Woodbury County's Board of Supervisors approved an underground utilities permit for construction of a new CF industries recruiting and training center.

Tags: work center training plant

 

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