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Microsoft revenues boosted by smartphones, but profit falls

2015-04-24 02:00:00| Total Telecom industry news

Satya Nadella talks up company's performance in cloud services in fiscal Q3.

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Southwest Airlines posts another record quarter for profit

2015-04-23 23:16:51| Airlines - Topix.net

Southwest Airlines Co. reported a record profit for the eighth quarter in a row, driven by strong passenger demand and lower fuel costs.

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Microsoft quarterly profit falls on handset business costs

2015-04-23 23:01:00| Telecompaper Headlines

(Telecompaper) Microsoft reported earnings down 10 percent year-on-year to USD 0.61 per share in its fiscal third quarter to March, hurt by costs for restructuring and integrating the former Nokia mobile phone business. Microsoft said the USD 190 million in restructuring costs in the quarter took 1 cent off earnings, while the 4 percent rise in its operating costs was also driven by the acquisition of the Nokia operations. This pushed its operating profit 5 percent lower to USD 6.59 billion. The gross margin was still up 1 percent to USD 14.57 billion, and revenues rose 6 percent year-on-year to USD 21.73 billion. The mobile phone business contributed revenue of USD 1.4 billion, and Lumia smartphone shipments rose 18 percent year-on-year to 8.6 million. The company also shipped 24.7 million feature phones in the quarter. 

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Microsoft quarterly profit falls

2015-04-23 22:41:14| BBC News | Business | UK Edition

Microsoft reports a 12% fall in profits to almost $5bn in the first three months of 2015, but sales rise to $21.7bn, cheering investors.

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Unifi Q3 profit doubles despite sales drop

2015-04-23 18:21:00| Daily apparel & textile news and comment - from just-style.com

Yarn manufacturer Unifi has said it will continue to evaluate opportunities to increase capacity in the CAFTA and NAFTA regions after more than doubling its third-quarter profit.

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