Apple has surprised observers who had made gloomy loss forecasts, declaring a $25 million profit for its fourth fiscal quarter on sales of $2.3 billion.
However, another firm that has been stumbling over the last year, Borland, is expected to make another loss. The firm will have a deficit of about $11 million for its second fiscal quarter, prompting it to make 125 staff - about 15 per cent of its workforce - redundant.
Tech Industry
Tech Industry
How China, Brexit, and the US derailed global 5G wireless
With old trade wars reigniting and new ones being invented, telecommunications is faced with an existential crisis. To survive, it must establish a global standard for a globe that ...
Cloudflare IPO: A real tech giant in the making -- with a female co-founder
Cloudflare IPO puts the "tech" back into tech IPOs -- protecting the core of the Internet.
Car-hailing giants face risk of suspensions in Shanghai as regulatory scrutiny rises
Two of the country’s major car-hailing services providers, Didi Chuxing and Meituan Dianping, have been fined 5.5 million yuan and 1.47 million yuan, respectively, by regulators ...
Salesforce's Trailhead courses now good for college credit at SNHU
Southern New Hampshire University students can get credits toward their degree for the completion of courses on Salesforce's online learning platform.
Google employees protest: 'Don't bid for border control cloud contract'
Google workers are demanding the company doesn't bid for an immigration contract, even though it already supplies the agency with cloud services.
Middle East technology: The good, the bad and the ugly told in these key stats
We've pulled together 19 facts and statistics that shed light on tech in this complex region.
PC market share gain lifts Lenovo's total revenue to $12.5 billion
The Chinese PC manufacturer has marked its eight consecutive revenue quarter growth.
Singapore trade minister urges global 'integration' to drive tech innovation
Trade and Industry Minster Chan Chun Sing points to a "great challenge" today where several countries no longer support integration, putting the global industry at risk of becoming ...
Tencent sees Q2 total revenue climb 21% to 89 billion yuan
Fintech and business, online games, and streaming services boosted overall revenue for the period.
Join Discussion