Tag Archives: Profit

Taiwan chipmaker TSMC's third-quarter net profit falls 7.1 percent, beats estimates

TAIPEI (Reuters) – Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said net profit fell 7.1 percent in the three months through September, slightly better than analyst estimates. The world’s largest contract chipmaker booked third-quarter profit of T$ … Continue reading

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Amazon cloud profit up 3x, so stock plummets. Wait, what?

Amazon Web Services profits triple, yet the stock takes a hammering. Actually, it makes complete sense—here’s why… Amazon increasingly looks like a cloud company with a failing retailer attached. AWS is the consistent profit engine that props up the books … Continue reading

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IBM Wields Cloud Patents For Defense, Profit

IBM is moving into cloud patents, but that’s not necessarily going to upset established providers. In a pinch, they could end up as partners. InformationWeek: Cloud

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Amazon posts a profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com. The company reported that Amazon Web Services generated $ 1.8 billion in sales in the second quarter, up about 80 percent from the $ 1 billion it brought in … Continue reading

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Amazon posts a $92M profit as AWS sales nearly double

Cloud services continue to grow by leaps and bounds for Amazon.com. The company reported that Amazon Web Services generated $ 1.8 billion in sales in the second quarter, up about 80 percent from the $ 1 billion it brought in … Continue reading

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Oracle profit slides 24% as customers move to the cloud

Oracle has reported a sharp drop in profit for the quarter just ended, with customers spending more on its cloud services but less on software that runs in their own data centers. Chairman Larry Ellison portrayed the shift as a … Continue reading

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Amazon Posts Fourth-Quarter Profit As CloudComputing Revenue Climbs

Amazon Posts Fourth-Quarter Profit As Cloud–Computing Revenue Climbs Amazon doesn't break out its cloud-computing revenue, but it lumps it into a category called “other.” That category was Amazon's fastest growing segment in the fourth quarter, climbing 41 percent. One of … Continue reading

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