Skip to content

Monthly Archives: April 2009

Toshiba Expects Staggering Loss

18-Apr-09

After initially projecting a dismal JPY 280B net loss for the year ended March 31, 2009, Japanese electronics conglomerate Toshiba Corp. now expects a staggering JPY 350B loss, the biggest loss in the company’s 70-year history. Toshiba hopes the global economy will turn around soon and spur demand for its semi-conductor chips, but in the [...]

Filed in Technology | Tagged , , | Comments (0) »

Google Surprises With Increased Profits

18-Apr-09

Internet search master, Google Inc., has surprised the market once again, as it posted an 8.9% increase in profit to US$1.42B for the first quarter period ended March 31, 2009, beating analyst expectations. Excluding costs such as stock-based compensation, earnings stood at US$5.16 per share vs. US$4.95 predicted. The stock increased US$3.50 to close at [...]

Filed in Technology | Tagged , , , , | Comments (0) »