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  • Dell's net income, revenue drop for second quarter

    Dell on Thursday reported a drop in net income and revenue during the second fiscal quarter of 2010, but said it anticipates that the global economy will improve and IT spending will be strong in the second half of this year.

  • Dell's net income, revenue drop for second quarter

    Dell on Thursday reported a drop in net income and revenue during the second fiscal quarter of 2010 compared to the same period last year, but said that it anticipates that the global economy will improve and IT spending will be strong in the second half of this year.

  • Nintendo profits fall 61% as Wii sales slump

    A sharp fall in global sales of Nintendo's popular Wii console and a less dramatic slowdown in sales of the portable DS pushed down the company's sales and profits in the April to June quarter, the company said Thursday.

  • IBM: Earnings rise, revenues fall, but growth ahead

    IBM on Thursday reported second-quarter earnings of US$2.32 per share, an 18 percent increase over last year, but said revenue fell 13 percent to $23.3 billion. Net income for Q2 rose 12 percent to $3.1 billion.

  • Google's Q2 revenue climbs 3 percent

    Google reported second-quarter revenue on Thursday of $US5.52 billion, a modest 3 percent increase from a year earlier but still ahead of analyst estimates.

  • DRAM revenue fell to 8 year low in first quarter

    The global DRAM industry continued to shrink in the first quarter of this year as revenue fell to an eight year low and losses mounted, according to preliminary figures released by Gartner on Monday.

  • Cisco 'could' announce 10% layoffs, analyst predicts

    Forecasting a significant drop in revenue for the fourth quarter, a J.P. Morgan analyst Tuesday reported that Cisco Systems Inc. "could" announce a 10% workforce reduction soon, equal to about 6,600 employees.

  • AMD lowers forecast for Q4 revenue

    Advanced Micro Devices expects revenue for its fourth quarter to be 25 percent lower than its third-quarter revenue, the company announced Thursday.