Company Results

Motorola Mobility posts $80 million loss in Q4

Intensified competition in the smartphone arena has resulted in Motorola Mobility’s $80 million loss in the fourth quarter, with the disappointing quarterly results further aggravated by merger costs linked to Google’s proposed $12.5 billion takeover of the company.

Motorola Mobility’s Thursday reporting of its 2011 fourth quarter and full-year results revealed that even though the yearly revenue for the company witnessed a marginal rise, the year-on-year earnings during the fourth quarter plunged because of poor device sales as well as high operating costs.

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HTC reports 30% plunge in its year-on-year sales for November

After having warned last month that the company was not likely to witness any growth in its sales during the 2011 fourth quarter, Taiwan-based handset maker HTC has recently reported an approximately 30 percent plunge - to NT$30.9 billion - in its year-on-year sales for the month of November.

The latest revelation from HTC underscores that the company - which was once considered the leading Android handset manufacturer - has, during the last one year, been overtaken by its rivals largely because of the fact that it has been losing ground with most of its carrier partners.

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Dell shares up post good Q1 figures

Dell has posted an impressive Q1 results and its earnings have been ahead of expectations. As a result, its shares moved up by 5 per cent just within hours of the announcement being made.

Figures showed that non-GAAP EPS was $0.55, which is ahead of the estimation of $0.43 even though slightly. Considered in percentage it was up by 83 per cent. GAAP EPS was $0.49, up 188 per cent.

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Apple profits nearly double

There has been a huge profit from the computer giant Apple. It has been crossing the estimation of the profits. Moreover there has been a rise in

iPhone sales.

There has been 85% rise of net income for three months from the last year’s income. There has been a rise of 113% in the iPhone sales of 18.65m.

These are the recent figures taken from the US's technology companies.

On Wednesday the figures of Intel was revealed which were also in good position. This profit has helped share prices to touch a three-year high.

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CEO of website haunted for posting elephant video

Bob Parsons, the CEO of GoDaddy. com has been threatened by outraged animal activists for posting an online video of hunting an elephant. He had posted the video, reported MyFoxPhoenix. com.

The video was called 'vacation video' and it shows how Parsons has criticized the damages caused by elephants to the crops in Zimbabwe. This is a common complaint of the region. It has been written on the video caption that unless such elephants are stopped they will be destroying the entire crop of the region.

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