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TECH 29 May 2019 | 9:30 AM

Apple profit could fall 26% if China bans iPhone: report

Apple Inc’s earnings could fall 26% in its 2020 fiscal year if China bans sales of the iPhone, according to Cowen, the latest firm to paint a dramatic picture of the tech giant’s risk in the event that trade tensions between the US and China deteriorate further.

Sony 01 Aug 2018 | 7:41 AM

Sony jumps to decade high as PlayStation drives higher forecast

Sony Corp jumped to its highest in more than a decade after raising its outlook for the current fiscal year, thanks to robust sales of the PlayStation 4 console and profits from its stake in recently listed Spotify Technology SA.

TECH 20 Feb 2018 | 7:33 AM

Indian software services sector to grow 7%-9% in FY19: lobby group

India's software services sector will see revenue growth of 7%-9% in constant currency terms in the fiscal year to March 2019, a leading lobby group forecast on Feb 20.

TECH 29 Dec 2017 | 9:00 AM

Nintendo eyes 20 million Switch sales

Nintendo is expecting to sell more than 20 million of its new Switch consoles in the next fiscal year, the firm's president said, with sales outpacing its smash-hit Wii console in some places.

TECH 21 Jul 2017 | 6:00 AM

Alibaba's revenue to jump 45% to 48% this year: executive chairman

China's Alibaba expects its revenue to expand by 45% to 48% in its fiscal year from April as more small businesses join its online community in search of sales.

TECH 15 Jun 2017 | 4:26 AM

Google gets boost in fight over US$1.3bil French tax bill

Google should be let off the hook from a €1.12bil (RM5.34bil) tax recovery order in France even though fiscal authorities in the country are seeking to recoup that amount, according to an adviser at the Paris administrative court.

Technology 08 Feb 2017 | 9:06 AM

Videogame publisher Take-Two lowers full-year profit forecast

Take-Two Interactive Software Inc, best known for its hugely popular Grand Theft Auto videogame series, cut its profit forecast for its fiscal year 2017, largely due to higher royalty payments.