Apple has seen its first decline in profits for a decade during the first quarter of 2013. The iconic brand …
Cloud boosts SAP revenue, despite demand drop in Asia
By John Ribeiro and Chris Kanaracus, IDG News Service. SAP reported strong growth in cloud subscription and support revenue in …
Struggling PC market causes Intel profit plunge
Intel reported a drop in profits and revenue for the first quarter, as the biggest PC market slump in recent …
Yahoo profits rise despite decline in revenue
Yahoo’s profits rose more than 30 percent in the first quarter, due to a variety of factors including lowered operating …
Infosys sees profit drop in ‘soft quarter’
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by …
JadoPado reports 208-percent revenue growth
E-commerce firm JadoPado on Sunday announced year-on-year revenue growth of 208 percent for its financial year ending March 31, 2013. …
Huawei sees $11.8bn in China revenue during 2012
Huawei generated $11.8 billion revenue from China alone in 2012, and forecasts a compound annual growth rate of 10 percent …
Oracle suffers in storage market slowdown
According to Gartner, Oracle suffered the most as growth in the storage market continued to slow during the end of …
Cisco posts Q2 revenue increase
Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted …
MENA cloud spending to reach $462.3m in 2013
Gartner on Sunday predicted that the MENA public cloud services market will generate $462.3 million in revenue during 2013, marking …