Sonyâs Income Rose 25% in Quarter
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The electronic products maker said Thursday that its net income in the third quarter rose 25 percent to 200.2 billion yen ($1.9 billion).
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Carphone Warehouse today announced a 25% increase in the number of connections during its second quarter, with interim pre-tax profits expected to be at least Â£27m.
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Profit at SLM Corp. soared in last year's final quarter, propelling the big education finance company to a 25 percent jump in annual earnings over 2003.
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Sony Corp  swung to a quarterly operating profit as robust sales of digital cameras and camcorders helped offset videogame losses, and it raised its annual outlook that exceeds market expectations.
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HPâs first-quarter net income grew 38 percent to $2.1 billion, as revenue climbed 13 percent to $28.5 billion, beating the muted expectations of Wall Street analysts.
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Dell Inc. said that its quarterly profit climbed 25 percent, propelled by an increase in technology spending by American businesses and a surge in sales abroad.
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Barclays, the UK's third-biggest bank, has said that interim net profits soared 25.3 percent, with strong investment banking offsetting a jump in bad consumer-loan write-offs.
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Business & money: Retirement rewards '25 times higher than workers'.
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TOKYO Sony on Thursday reported a 61 percent jump in net profit for the most recent quarter as &quot;Spider-Man 2&quot; pulled in money for the company&#39;s movie division, helping to conceal slides in its consumer electronics and video game businesses.
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Nike Inc. NKE.N boosted its  quarterly dividend by 25 percent on Monday, citing strong cash  flow and growth prospects as the world's biggest athletic shoe  company has racked up record revenue and soaring profits the  past few years.
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The Sony Corporation reported a 61 percent increase in net profit for the most recent quarter, as &quot;Spider-Man 2&quot; pulled in big profits for the company&#39;s movie division and helped
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Johnson Controls Inc. , on Tuesday said quarterly earnings rose 24 percent on growth in both its automotive interiors and building controls businesses.
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Sony Corp swung to a quarterly operating profit as it booked strong sales of liquid crystal display TVs and digital cameras and benefited from a weaker yen, and it slightly raised its full-year forecast.
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Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.For the quarter ended Dec. 31, Microsoft reported revenue of $16.37 billion, an increase of 30 percent year over year and a number that solidly beat the $15.95 billion in revenue that Thomson Financial analysts had estimated. Last year for the same period, Microsoft reported $12.54 billion in revenue.Diluted earnings per share were $0.50, an increase of 92 percent over the $0.27 in EPS reported last year, and $0.04 higher than Thomson Financial estimates of $0.46. Operating income for the quarter was $6.48 billion, an increase of 92 percent from the $3.47 billion reported for the same period last year.Microsoft&#39;s year-over-year percentage growth is higher than normal due to a deferral of $1.64 billion in revenue and operating income, as well as $0.11 of diluted earnings per share from the second to the third quarter of fiscal 2007. This deferred revenue contributed to the higher-than-average second-quarter percentage growth. Without these deferrals, second-quarter growth rates for revenue, operating income and earnings per share would be 15 percent, 27 percent and 32 percent, respectively, for the quarter reported Thursday.Ahead of Microsoft&#39;s announcement, analysts had expected the company to report a strong quarter even among economic uncertainty and fears that the U.S. economy is entering a recession.Microsoft&#39;s client business, on sales of Windows Vista, was especially strong in the quarter, with $4.34 billion in revenue compared to $2.59 billion in revenue a year ago. According to Microsoft, its client business has grown 20 percent on average since Windows Vista was made available nearly a year ago, and the company believes Vista began hitting its stride for adoption among customers and partners in the second quarter. According to Microsoft, it has sold more than 100 million licenses for Vista.Looking ahead to the next quarter, which ends March 31, Microsoft said Thursday that it expects revenue in the range of $14.3 billion to $14.6 billion; operating income in the range of $5.6 billion to $5.7 billion; and diluted earnings per share in the range of $0.43 to $0.45.For the full fiscal year ending June 30, Microsoft expects revenue in the range of $59.9 billion to $60.5 billion; operating income in the range of $24.2 billion to $24.4 billion; and diluted EPS in the range of $1.85 to $1.88.
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TechWeb - The portion of new business software revenue generated from SaaS products is expected to increase to 25 percent by 2011.
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Sony said quarterly net profit jumped to 73.7 billion yen, or $646.7 million, as sales of digital cameras, televisions and other electronics more than offset losses at its video-games unit.
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Sony reported a 25.2 percent jump in profit for the October-December quarter Thursday as its PlayStation video game business stopped losing money after six straight quarters of losses.