Tag Archives: Profits

Used car website Auto Trader’s profits up 18 per cent

Operating profit in the 12 months to March 31, 2017 was £203.1million, up 18 per cent on the previous year. The increase was driven by a 9 per cent increase in revenue, to £311million, and a 6 percentage point rise in operating margins, to 67 per cent. The group also declared a higher final dividend, bringing the total for the ... Read More »

Samsung Reports Jump in Q4 Profits as Record Chip Earnings Mask Galaxy Note 7 Failure

Samsung Electronics said Tuesday that its fourth-quarter profit more than doubled over a year earlier thanks to record-high earnings from its brisk memory chip business and strong smartphone sales despite costly Galaxy Note 7 recalls. The South Korean company said Tuesday it posted KRW 7.1 trillion ($6.1 billion or roughly Rs. 41,539 crores) in net income during the October-December period, ... Read More »

Apple Grabs 104 Percent of the Smartphone Industry’s Profits in Q3 2016, Claims Analyst

  Profit estimates are often crucial indicators for any industry as they reveal the direction where the companies are heading. If the latest estimates by analyst Tim Long from BMO Capital Markets, about smartphone industry are anything to go by, Apple seems to be the only shining spot in an otherwise ailing industry. As per the estimates by Long, reported ... Read More »

Samsung Posts 30 Percent Drop in Profits on Galaxy Note 7 Debacle

Samsung Electronics on Thursday reported an expected 30 percent profit plunge on the back of a highly damaging recall crisis that hammered the reputation of the world’s largest smartphone maker. The third quarter earnings were announced just hours before the start of an annual shareholder meeting which was set to approve the latest step in a complex generational change of ... Read More »

iPhone 7 Plus Demand May Hit Apple’s Profits This Holiday Season

Apple Inc said it was caught off guard by how many people want to buy its biggest smartphone, the iPhone 7 Plus, and the miscalculation may hit profits this holiday season. The technology leader is not sure it can make as many units of the iPhone 7 Plus as consumers want in time for the Christmas shopping rush, Apple’s Chief ... Read More »

TSMC Sees Drop in Q1 Profits Due to Delayed Shipments

Top chipmaker Taiwan Semiconductor Manufacturing on Thursday reported a plunge in quarterly profits after a powerful earthquake delayed shipments, and slashed its outlook for the next three months. The world’s biggest tailor-made microchip maker by revenue said first-quarter net income fell to TWD 64.78 billion (roughly Rs. 13,318 crores), down 18 percent from a year earlier and in line with ... Read More »