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The company continues to lean on customers' appetite for apps and services, as demand for its devices weakens. Difficulties have been piling up for Apple. In recent months, it has [...]

The iPhone maker's share price dropped in after-hour trading even though sales and profit topped Wall Street expectations. Apple has had plenty of challenges to start the year. The Apple [...]

TECHNOLOGY Though Layoffs Loom,IBM Banks on Services IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses [...]

2024 MAR 5 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and [...]

2024 FEB 27 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- Teradata (NYSE: TDC) announced its fourth quarter and full year 2023 financial results. 'Teradata [...]

Overall iPhone sales were up, and revenue for the company's services business set a record. Apple on Thursday provided more evidence for optimists who believe that the worst of the [...]

2023 NOV 21 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and [...]

2023 NOV 21 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- Teradata (NYSE: TDC) announced its third quarter 2023 financial results. 'Our best-in-class cloud analytics [...]

Third quarter GAAP diluted net earnings per share ('EPS') of $1.08, above the previously provided outlook of $0.91 to $0.96 per share Third quarter non-GAAP diluted net EPS of $1.04, [...]

TECHNOLOGY In Global 5G Race, E.U. Is Told to Step Up Pace As the United States grapples with the 5G rollout affecting airlines, a European Union watchdog warned on Monday [...]

Acer Inc. announced its consolidated revenues for May at NT$22.18 billion, which was down 10.6% year-on-year (YoY). However, due to improvement of the supply chain, revenues grew by 15.4% month-on-month [...]

2022 NOV 22 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- Teradata (NYSE: TDC) announced its third quarter 2022 financial results. 'Teradata delivered our second [...]

2022 NOV 22 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and [...]

As usual, iPhone sales led the way, generating nearly $40 billion in revenue. Apple, already the world's most valuable public company, continues to rake in money despite supply chain shortages [...]

IBM announced first-quarter 2022 earnings results. 'Demand for hybrid cloud and AI drove growth in both Software and Consulting in the first quarter. Today we're a more focused business and [...]

Hewlett Packard Enterprise today announced financial results for the first quarter, ended January 31, 2022. The quarter was characterized by robust customer demand and profitability, demonstrating the strength of our [...]

Story Highlights Record full-year revenue of $101.2 billion, up 17%, fueled by continued growth across all business units and record PC shipments Record full-year diluted earnings per share of $6.26, [...]

TECHNOLOGY Apple's Quarterly Profits SurgeAs More Rely on Its Products Apple's profits nearly doubled in the latest quarter, showing that the world's richest and most valuable public company is exhibiting [...]

2022 AUG 16 (VerticalNews) -- By a News Reporter-Staff News Editor at Information Technology Newsweekly -- FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and [...]

HP (NYSE: HPQ) Fiscal 2021 GAAP diluted net earnings per share ('EPS') of $5.331, above the previously provided outlook of $3.56 to $3.62 per share Fiscal 2021 non-GAAP diluted net [...]

Hewlett Packard Enterprise today announced financial results for fiscal year 2021 and the fourth quarter, ended October 31, 2021. HPE ended fiscal year 2021 with record demand for our edge-to-cloud [...]

Apple Profits Hit $23.6 Billion On Strength of iPhone Sales Apple said on Wednesday that its profits more than doubled to $23.6 billion in the most recent quarter as people [...]

Quarterhill Inc. ('Quarterhill' or the 'Company') announces its financial results for the three and six months ended June 30, 2021. All financial information in this press release is reported in [...]

Byline: Jefferson Graham, USA TODAY When a pandemic hits, stay-at-home orders are issued and people spend less time at retail stores. This year, e-commerce giant Amazon was there to serve. [...]

ENERGY Saudi Aramco's Profit Slumps From a Year Ago Saudi Aramco, the world's largest oil company, said on Tuesday that its net income for the third quarter was $11.8 billion, [...]

Apple is the first U.S. company to hit that value, a staggering ascent that began in the pandemic. It took Apple 42 years to reach $1 trillion in value. It [...]

EARNINGS Lenovo Posts 31% ProfitAs More Work at Home Lenovo, the world's biggest PC maker, smashed expectations with a 31 percent leap in first-quarter net profit, as the pandemic spurred [...]

Even though the tech industry's four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday. A day after lawmakers grilled [...]

Byline: Jefferson Graham, USA TODAY When it comes to tech companies in a pandemic, Facebook, Google, Amazon and Netflix have seen increased usage, thanks to a rise in interest for [...]

Byline: Reed Albergotti Apple reported that second quarter revenue inched up one percent, reflecting how the coronavirus has rocked its business from manufacturing to consumer demand. Apple said revenue in [...]

TECHNOLOGY Apple's iPhone Sales Numbers in China Drop Sharply Apple's iPhone sales in China dropped by about 60 percent to roughly 500,000 devices last month from a year ago, according [...]

TELECOMWORLDWIRE-April 8, 2022-Acer Reports Q1 2022 Preliminary Consolidated Revenues (C)1994-2022 M2 COMMUNICATIONS http://www.m2.com Acer Inc. (2353.TW) has announced its consolidated revenues for March at NTUSD 30.31 billion, up 9.2% year-on-year [...]

Growing Hybrid Cloud Platform Adoption; Return to Revenue Growth; Strong Cash Flow Highlights First Quarter: GAAP EPS from continuing operations of $1.06; Operating (non-GAAP) EPS of $1.77 Revenue of $17.7 [...]