Pre boost smartphone sales for Palm
Palm has become one of major challengers to the dominating Apple in the smartphone market with the launch of their Pre.
The company has now reported that Pre helped them boost their sales by 134% to 823,000 units during the latest quarter.
However, they are still struggling in terms of [...]
Canon India aiming at sales turnover of Rs 800 crores this year
The Indian division of Canon has revealed that they are aiming to achieve sales turnover of Rs 800 crores this year.
The company had a sales turnover of Rs 665 crores last year.
Canon said that they are expecting their camera business to [...]
Vonage posts a profit!
Vonage has disappeared from news after their disastrous IPO.
The VOIP Company has just posted a small profit though revenues continue to fall as subscribers flee to rival services.
The company said that the net income in the most recent quarter was around USD 1 million. The company had posted losses [...]
Motorola posts a quarterly profit despite slowing sales
Motorola is making a steady comeback into the mobile phone market.
The company has just posted a small quarterly profit despite slowing down sales.
This is an encouraging results compared to the loss in the same period last year.
Motorola said that they have managed to cut costs. [...]
Tata Motors posts annual loss
Tata Motors has come out with their latest revenue report and the company has posted their first annual loss in eight years.
The company has also announced more job cuts. Tata is also going to close down some more plants related to Jaguar and Land Rover.
Tata Motors posted a consolidated [...]
TiVo posts a loss
Digital video recorder service provider TiVo has come out with their latest revenue report and they have posted a small loss.
The company said that they struggled in the quarter as paid subscriptions declined against the backdrop of the economic downturn.
Thankfully, the loss was smaller than what the market analysts had [...]
Hewlett-Packard profit down 17%
Hewlett-Packard has come out with their latest revenue report and the company’s profit figures have come down 17%.
The company said that the sales of personal computers and printer ink were slow in the recent quarter.
HP’s chief financial officer, Cathie Lesjak admitted that it is too early to call if the [...]
Panasonic posts a $4 billion loss in the last financial year
Last year turned out to be a disastrous one for Panasonic as the company posted a 378.96 billion yen loss for the fiscal year ended March.
This is Panasonic’s first loss in as many as seven years.
The company revealed that things are unlikely to [...]
Toshiba posts record losses
Japanese consumer electronics giant Toshiba has posted a record annual loss as the company has been cutting jobs to stay competitive in these tough times.
The company posted a 343.6 billion yen loss for the financial year ending in March this year.
This is a pretty bad performance compared to a profit of [...]
Mahanagar Telecom Nigam Limited posts a loss
Government owned telecom giant Mahanagar Telecom Nigam Limited has posted a net loss of Rs 83.8 crore for the fourth quarter that ended in March.
The company said that this was largely due to increased staff costs during the quarter.
This is a pretty disappointing performance considering MTNL had posted [...]
