Microsoft, the world’s largest software company, has announced its profits for the April to June period and has exceeded analysts expectations.
The company said profits hit $4.52 billion (£2.96 billion) for the second quarter – a rise of 48% compared with the same period a year earlier.
The software giant, which released the Windows 7 operating system [...]
Online search giant Yahoo has published its second quarter results which disappointed the market, sending its shares diving more than 7%.
Profits at the company grew by more than 50% in the quarter, but net revenues missed expectations.
Revenue in the three months ending June 30 totalled $1.6 billion (£1.05 billion), compared with $1.57 billion in [...]
US search engine giant, Google, said revenues surged 23% in the first quarter of 2010 to $6.77 billion, compared with $5.51 billion in the same period a year ago – the greatest revenue growth since the third quarter of 2008.
Net income soared 37% to $1.96 billion on $6.06 per share from $1.42 billion on $4.49 [...]
The 10-year search and advertising deal between Microsoft and Yahoo has been approved today by both the US Department of Justice and the European Commission.
Both companies said they plan to begin the tie-up in the next few days and the deal will be finalised by early 2012.
The deal, which was agreed in July 2009, was [...]
Microsoft, the world’s largest software company, has announced its profits for the October to December period and has exceeded analysts expectations.
The software giant, which released the Windows 7 operating system in October, said net profit came in at $6.66 billion (£4.13 billion) for the three months to 31 December 2009, compared with the $4.18 billion [...]
Online search giant Yahoo has posted strong quarter four profits but said sales continue to decline.
The company said net profit in the October to December period was $153 million (£95 million) compared with a $303 million loss in the same period in 2008.
However, revenue was down 4% to $1.7 billion in the quarter compared with [...]