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  • IBM Q1 profit jumps 16 percent

    IBM on Monday reported first-quarter earnings of US$1.97 per share on $22.9 billion in revenue, a rise of 16 percent and 5 percent, respectively, over the same period last year.

  • Tata Communications announces growth figures

    Telecom company Tata Communications has announced record growth for business volumes despite the recession and continued investments in global infrastructure, services and emerging market initiatives.

  • Carsales.com.au posts maiden financial results

    Carsales.com.au has issued its maiden financial results since first listing on the Australian Stock Exchange (ASX) in September 2009, recording a 51 per cent year-on-year increase in net profits after tax for the half year to 31 December 2009 of $19.1 million.

  • Financial crisis forces back office IT rollout delay for Skilled

    The global financial crisis has forced labour and workforce provider, Skilled Group (ASX: SKE), to delay a major rollout of its back office IT system. Skilled posted financial results for the first half of the 2010 financial year, a decline in the jobs market putting a major dent in the profitability of the company. Revenue was down 4 per cent to $844.5 million compared to the second half of the 2009 financial year and down 21 per cent on the previous comparative period (1H FY09).

  • Dell profit dips in Q4 as revenue rises

    Dell on Thursday reported a drop in profits during the fourth quarter of the company's 2010 fiscal year, but growth in revenue, fueled by strong sales of laptops and servers to the consumer and enterprise markets.

  • Lenovo adds mobile phone details, posts profit rise

    Lenovo's work on mobile phones with Google's Android operating system is focused on its high-end Lephone handset, but the company also wants to reach other price points, a company executive said Thursday.

  • Microsoft revenue boosted by Windows 7

    Thanks largely to the Windows 7 launch, Microsoft on Thursday reported a strong increase in net income and revenue for its second quarter of fiscal 2010.

  • Motorola reports a small Q4 profit, held back by phone sales

    Motorola's fourth-quarter sales fell 20 percent year-on-year, but the company still made out a small profit, unhampered by the exceptional charges that plunged it into loss a year ago, it reported Thursday. It expects to make a loss in the first quarter, however.

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