Tag Archives: Quarterly Report

TSMC’s 28-nanometer process pays off as it rakes in $1.68 billion profit in Q3

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TSMC's 28nanometer process is paying off as it rakes in $168 billion profit in Q3

Everything is relative, so when a chip foundry like TSMC (which produces gear for the likes of NVIDIA) has a bad quarter, that means it only made a $1 billion in profit. Today's numbers reveal that the company has managed to rescue its halting fortunes after turning over $4.8 billion and making a tidy $1.68 billion in profit. The cause of this upswing was that orders for its coveted 28-nanometer process doubled in the period -- repaying some of the $8.5 billion spent developing it and keeping profits just a little over that of its close pal, Qualcomm.

Continue reading TSMC's 28-nanometer process pays off as it rakes in $1.68 billion profit in Q3

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TSMC's 28-nanometer process pays off as it rakes in $1.68 billion profit in Q3 originally appeared on Engadget on Thu, 25 Oct 2012 05:11:00 EDT. Please see our terms for use of feeds.

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Acer see sales decline in Q3 2012 as customers hold out for Windows 8

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Acer has reported a net profit of NT$68 million ($2.3 million) for Q3 of this year, ducking far below many estimates for the Taipei computer maker. According to Reuters, the company isn't offering up any reasons why profits disappointed just yet, and it plans to hold a briefing on Thursday to add more detail on the figures and its outlook. The reported results, currently unavailable direct from Acer, note that consolidated revenue in the third quarter was down 5.6 percent since Q2, although its after-tax profit has improved since then. It's a difficult time to be a PC maker.

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Acer see sales decline in Q3 2012 as customers hold out for Windows 8 originally appeared on Engadget on Mon, 22 Oct 2012 08:22:00 EDT. Please see our terms for use of feeds.

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Barnes and Noble sees quarterly sales surge, losses fall to $41 million

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Barnes and Noble sees sales surge, losses fall as quarter ends in profit

Barnes & Noble has had a quarter worth remembering, bringing in $1.5 billion and reducing its losses to $41 million -- down from $57 million last year. Retail business was up, thanks to the closure of Borders branches and blockbuster sales of Fifty Shades of Grey, while College sales increased quarterly losses by $2 million to $14 million. While online sales fell 7.6 percent and the Nook business remained flat, the company saw digital content purchases skyrocket by 46 percent -- and the company couldn't produce enough GlowLight devices to satisfy demand. Wondering about the company's tie-up with Microsoft? There's still no news beyond that it hopes the new partnership will be up and running by the fall.

Continue reading Barnes and Noble sees quarterly sales surge, losses fall to $41 million

Barnes and Noble sees quarterly sales surge, losses fall to $41 million originally appeared on Engadget on Tue, 21 Aug 2012 09:57:00 EDT. Please see our terms for use of feeds.

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Acer scrapes $14.5 million in profit as it becomes world’s third biggest PC maker

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Acer rose a place to become the world's third biggest PC maker this quarter, with net profits rising to $14.48 million, up from $11.2 million last quarter. It's the second positive period since it ended 2011 with a $212 million loss, but the financial crises in the US, Europe, China and Asia Pacific all hampering its recovery. Like many of its PC brethren, it's pinning hopes on Windows 8 to spark a buying frenzy, but thanks to tight margins, only expects profits to be "on par" with those it's just announced.

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Continue reading Acer scrapes $14.5 million in profit as it becomes world's third biggest PC maker

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Acer scrapes $14.5 million in profit as it becomes world's third biggest PC maker originally appeared on Engadget on Fri, 17 Aug 2012 07:47:00 EDT. Please see our terms for use of feeds.

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