Solarfun Power turns 3rd-quarter profit on cheaper costs, record quarterly shipments

October 30th, 2009 SEOUL - Samsung Electronics Co's profit more than tripled in the third quarter to hit a record 3.72 trillion won ($3.14 billion), the company said Friday. Rising prices for memory chips and robust demand for televisions and mobile phones helped the South Korean company achieve its best quarterly net income ever.

January 22nd, 2009 SEOUL - Samsung Electronics Co, the leading South Korean electronics maker, posted its first quarterly loss, saying Friday that it was 20 billion won ($14.59 million) in the red in the final quarter of 2008. The world's largest maker of memory chips and liquid-crystal displays said the falling prices of memory chips and sinking demand for electronics during the global economic downturn was the cause for the loss after it had seen a profit of 2.21 trillion won in the same quarter a year earlier.

April 23rd, 2009 NEW YORK - The economic slump seems to have no impact on Apple Inc. as Cupertino-based electronic and software giant posted a quarterly profit of $1.21 billion on revenue of $8.16 billion Wednesday.

October 30th, 2009 more images more images Samsung 3Q profit triples to record as sales jump SEOUL, South Korea — Samsung Electronics Co. said third-quarter net profit tripled to a record amid higher prices for computer memory chips and increased sales of consumer products from flat screen televisions to mobile phones.

October 30th, 2009 more images more imagesPanasonic posts first quarterly profit in a yearTOKYO — Panasonic posted a quarterly profit for the first time in a year, buoyed by recovering demand for home electronics and appliances. Osaka-based Panasonic Corp.

April 4th, 2009 Shares of BlackBerry maker Research In Motion (RIM) shot up almost 20 percent Friday after the wireless communication leader Thursday posted a record profit of $518.3 million for the last quarter of fiscal year 2009 ending Feb 28.RIM shares closed at $72.80 on the Toronto Stock Exchange - more than 19 per cent since Thursday.This is in addition to 14 percent gain the shares made Thursday immediately after the Waterloo-based company put out its quarterly financial results. Considering that RIM shares have been stuck around $45 since December, the 34 percent gain of the last day belies all speculation about slump in the smart phone market in the current economic climate.

August 3rd, 2009 Panasonic reports $558 million quarterly lossTOKYO — Panasonic is reporting a 52.98 billion yen ($558 million) loss for the fiscal first quarter as lower sales, falling gadget prices and retirement expenses offset cost cuts. Osaka-based Panasonic Corp.

July 6th, 2009 Samsung announces earnings estimateSEOUL, South Korea — Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance. The Suwon, South Korea-based corporation said it expects consolidated sales of between 31 trillion won ($24.46 billion) and 33 trillion won for the three months through June.

January 28th, 2009 TOKYO - Sony Corp Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because of a strong yen and dwindling demand for electronics. The earnings compared with a 200.2 billion yen net profit from the same quarter a year earlier.

July 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics says second-quarter net profit rose 5.2 percent from the same period last year as sales rose. Samsung Electronics Co.

October 20th, 2009 more images more imagesSeagate 1Q profit triples on lower operating costsSCOTTS VALLEY, Calif. — Seagate Technology said Tuesday that fiscal first-quarter net income more than tripled, as low costs more than offset a drop in revenue as well as restructuring and other charges.

July 30th, 2009 Softbank profit shoots up 41 percent in 1QTOKYO — Mobile carrier Softbank Corp., the exclusive seller of the iPhone in Japan, said profit shot up 41.4 percent last quarter as it slashed costs and managed a slight increase in revenue despite the economic downturn. Softbank said net profit was 27.38 billion yen ($288 million), up from 19.37 billion yen last year.

October 29th, 2009 more images more imagesEarnings roundup: Motorola, Eastman KodakAmong the earnings stories for Thursday, Oct. 29, from AP Financial News: NEW YORK (AP) — The turnaround effort long sought at Motorola Inc.

October 29th, 2009 more images more images Motorola posts 3Q profit, names CFO NEW YORK — Motorola Inc. reported an unexpected quarterly profit Thursday as operating losses in its struggling mobile phone division narrowed.

October 29th, 2009 more images more imagesMotorola, Alcoa, Procter & Gamble are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange: NYSE: Motorola Inc., up 78 cents at $8.74 The maker of communications equipment reported an unexpected quarterly profit as losses in its mobile phone division narrowed. Alcoa Inc., up $1.07 at $13 The U.S.-based aluminum maker is working with China on the development of the country's newest and biggest commercial jetliner.