The ongoing slump in PC sales is taking its toll on Dell. The Texas-based computer maker reported a 79-per-cent plunge in first-quarter profits Thursday, earning 130 million dollars, compared to the 635 million dollars a year earlier.
Dell said that sales dipped just 2 per cent to 14.1 billion, but the company had to spend a lot to acquire many of those sales in the enterprise solutions sector to compensate for lower consumer sales which dropped by 9 per cent to 8.9 billion dollars.
Seoul – Profits at South Korea’s Samsung Electronics Co surged 41.6 per cent year-on-year in the first quarter due to strong sales of its smartphones, media reports said.
Net profit for the January-March quarter was 7.15 trillion won (6.44 billion dollars) compared to 5.05 trillion won in the same period last year, the world’s top maker of computer memory chips and smartphones said in a regulatory filing, the Yonhap News Agency reported.
Washington (dpa) – Search engine company Google reported Thursday a 16-per-cent increase in net profit for the quarter ending in March, citing a 20-per-cent increase in the total number of clicks on advertisements that appear on web searches.
First-quarter profit, excluding some items, was 11.58 dollars a share, Google said. Net income increased to 3.35 billion dollars.
Google revenues on a consolidated basis were 13.97 billion dollars, an increase of 31 per cent over first quarter last year.
