Samsung making rather a lot of cash
All thanks to its chips
Samsung is better than Apple at making money. Sure, it might not have margins as good as the fruity cargo cult, it might not make as much cash, but it appears to be unstoppable.
Apple spun its “record” results
These are not the record profits that the press claimed
The fruity tax dodging cargo cult may have spun its results last week so that the Tame Apple Press thought that it had done much better than was expected.
Melting smartphones didn’t stop Samsung
Profit leapt by 50 percent
Samsung’s bottom line was not really harmed by the Note 7 fiasco and the outfit saw its fourth-quarter profit leap 50 percent from a year earlier to its highest level in more than three years.
HP does better than expected
Notebooks doing well but printers are pants
HP has surprised the cocaine nose jobs of Wall Street with a higher than expected quarterly revenue and profit as demand recovered for its notebooks.
Lenovo sees profits jump
But mobile phones not what they are cracked up to be
China's Lenovo saw its first quarter profit jump nearly two thirds but its mobile arm lost money again as a $3 billion bet on buying Motorola to diversify has yet to pay off.
LG profits reach two-year high
$504 million for April June
LG Electronics appears to be doing rather well all of a sudden and says its second-quarter operating profit will reach a two-year high.
Oracle blames falling profits on Google
Payback is cool for Catz
Data-storage outfit Oracle is blaming the fact that Google “illegally” used Java in Android for all the woes which have befallen the company.
MediaTek expects profits to rise
But margins will fall
MediaTek expects to post revenue growth of 24-32 percent in the second quarter of 2016, but also thinks its gross margins for the quarter will fall.
Micron makes surprise loss
Suddenly it became like everone else
While the bottom had dropped out of the PC market, Micron had been managing to do quite well. Today though it suprised observers by forcasting a surprise loss for the second quarter.
Intel does not need PCs for growth
Predicts it can make its cash elsewhere
Intel said 2016 sales will climb in the "mid single-digit" percent range and said it didn’t need a buoyant personal-computer market to make piles of dosh.