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HindustanTimes Tue,23 Sep 2014

Market-Updates

Apple sets Oct 23 event for expected iPad mini launch

Apple sent out invitations today for an event in exactly one week's time where the company is widely expected to unveil a new "iPad mini," a smaller version of its market-leading tablet computer.

Nokia to post loss ahead of make-or-break launches

Nokia is expected to report another quarterly loss and dwindling cash reserves on Thursday, underscoring the importance of next month's new smartphone launches as it battles to recoup ground lost to Apple and Samsung.

Google results miss; shares dive after premature report

Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value.

Microsoft profit falls ahead of Windows 8 launch

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers - and as PC sales in general took a dive.

Google delivers 3Q letdown early, stock plummets

The Internet search leader that prides itself on organizing the world's information lost control of its own data when a contractor released its third-quarter earnings report more than three hours before the numbers were supposed to come out.

Google shares dive 9% after results fall below expectations

Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9% off its market value.

No biz rush to adopt Windows 8

There was once a time when the launch of a new Windows operating system was a huge deal for the technology departments in many businesses. Not anymore.

Yahoo Q3 net rises on Alibaba stake sale

Internet giant Yahoo Inc has reported a staggering net income of $3.16 billion in the three months ended September 30, 2012 largely due to sale of part of its stake in Chinese e-commerce portal Alibaba Group Holding Ltd.

Mobile surprise at Facebook as Q3 reports strong growth

Social networking giant Facebook Inc posted a 32% jump in third-quarter revenue to $1.3 billion as the company reignited advertising growth with the help of larger-than-expected gains in mobile.

Zynga posts 3Q loss, shares jump after-hours

Battered shares of Zynga Inc. soared in after-hours trading Wednesday after the social gaming company posted stronger-than-expected revenue for the third quarter and said it will enter the gambling business.

Facebook shares post biggest single-day gain

Facebook's stock gained the most in a single day Wednesday since it began trading in May, a sign that the social media company's complicated relationship with Wall Street may be getting brighter.

Samsung posts $7.4 billion profit, handsets mask weak chips

South Korean technology powerhouse Samsung Electronics Co posted a fourth straight record quarterly profit - of $7.4 billion - with strong sales of its Galaxy range of phones masking sharply lower sales of memory chips.

Star Silicon Valley analyst felled by Facebook IPO fallout

The firing of Citigroup stock analyst Mark Mahaney on Friday in the regulatory fallout from Facebook Inc's initial public offering was greeted with shock and dismay in Silicon Valley, where Mahaney was a well-known and well-liked figure.

IBM may buy back additional $5B in stock

IBM says its board had added $5 billion to its stock buyback program, bringing the total buyback authorization to $11.7 billion.

Panasonic to lose 9.6 billion this year amid overhaul

Panasonic said Wednesday it would book a mammoth $9.6 billion net loss in the fiscal year to March as the Japanese consumer electronics giant undergoes a major overhaul of its troubled business.
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