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Tag Archives: earnings

Apple beats profit estimates, boosting shares

San Francisco, United States | AFP | Apple on Tuesday reported stronger-than-expected results for the past quarter, with higher revenues and profits, delivering a boost to its share price. Profit climbed 12 percent to $8.7 billion, and revenue rose percent to $45.4 billion, with the California-based company selling 41 million iPhones …

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Rolls-Royce powers into profit; shares soar

London, United Kingdom | AFP | Rolls-Royce powered back into profit during the first half, propelled by strong deliveries for its Trent aircraft engines, lifting its share price almost ten percent Tuesday. Net profit stood at £1.58 billion ($2.1 billion, 1.77 billion euros) in the six months to June 30 compared …

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Subscription gains help put NY Times in profit column

New York, United States | AFP | The New York Times Co. said Thursday gains in paid digital subscriptions and stronger online advertising revenues helped the newspaper swing to profit in the second quarter. The prestigious daily, which has been gaining subscribers even as it is branded as “failing” by President …

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Facebook profit jumps as user ranks grow

San Francisco, United States | AFP |  Facebook on Wednesday reported a surge in profits in the past quarter, fueled by strong growth in money-making ads to its more than two billion users. Net profit in the second quarter leapt 71 percent from a year ago to $3.9 billion while …

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Alphabet profit by by EU fine on Google

San Francisco, United States | AFP |  Google parent Alphabet on Monday reported a quarterly profit of $3.5 billion, with a massive fine by the European Commission biting into earnings. The technology giant reported that revenue grew to $26 billion in the recently ended quarter, and that profit would have …

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Netflix shares jump as subscriptions top 100 million

San Francisco, United States | AFP |  Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring. Netflix shares leapt more than 10 percent to $178.48 in after-market trades that followed release of …

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