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Oracle's hardware product sales fell in its fiscal first quarter ended Aug 31.
Sony Corp may finally be serious about restructuring, setting aside up to US$1bil (RM3.21bil) this fiscal year to cut staff, but the hard-nosed figures in its latest results still include noticeably rosy forecasts.
Japanese consumer electronics maker Sony Corp raised its earnings estimates for the fiscal year that ended in March, citing higher-than-expected sales of camera sensors and videogames.
Microsoft Corp is targeting US$20bil (RM71.21bil) in annual revenue from its cloud-computing businesses by the end of fiscal 2018, chief executive Satya Nadella said, signalling a tripling of such revenue in three years.
China’s Lenovo said revenue rose 20% in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just 1%.
Apple Inc shares jumped 4% in extended trading after the company projected sales suggesting consumers are continuing to snap up the company’s high-end iPhones even as updated models are on the horizon.
Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.
A raft of profit warnings from Apple Inc suppliers this week has fuelled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company's plans to make services its main pillar of growth.
The Japanese science ministry plans to develop a new device to monitor microplastics in the sea using artificial intelligence and other technologies, according to informed sources.