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Foxconn"s quarterly profit slides 39 percent amid shipment woes

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: reutersNov 14th, 2017

Foxconn"s quarterly profit slides 39 percent amid shipment woes

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: reutersNov 14th, 2017

Foxconn"s third quarter profit slides below estimates after iPhone X production hurdles

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer, saw quarterly profit slide 39 percent - a result far below estimates and widely attributed to production issues for Apple Inc's iPhone X......»»

Category: topSource: reutersNov 14th, 2017

Foxconn"s Profit Down 39% Amid iPhone Production Woes

Foxconn Technology Group posted a 39% drop in quarterly net profit amid production challenges dogging its largest customer—Apple—over the new iPhone X......»»

Category: smallbizSource: wsjNov 14th, 2017

Foxconn"s profit tumbles after iPhone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly profit, hit by production issues involving Apple Inc's new iPhone X. Silvia Antonioli reports......»»

Category: videoSource: reutersNov 15th, 2017

Foxconn"s profit tumbles after iphone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly profit, hit by production issues involving Apple Inc's new iPhone X. Silvia Antonioli reports......»»

Category: videoSource: reutersNov 15th, 2017

Foxconn's profit tumbles after iPhone X bottlenecks

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has reported a worse than expected 39 percent decline in quarterly prof.....»»

Category: topSource: usatodayNov 15th, 2017

Foxconn"s third quarter profit tumbles after iPhone X production hurdles

TAIPEI (Reuters) - Taiwan's Foxconn reported a 39 percent slide in quarterly profit, far worse than expected, as the assembler of Apple Inc products saw margins squeezed by production bottlenecks for the iPhone X......»»

Category: topSource: reutersNov 15th, 2017

Kroger"s profit slides after aggressively slashing prices (KR)

Hollis Johnson(Reuters) - Kroger Co, the biggest U.S. supermarket company, reported a 7.8 percent fall in quarterly profit on Friday as it discounted aggressively to fend off competition .....»»

Category: topSource: businessinsiderSep 8th, 2017

Qualcomm"s profit slumps amid Apple battle

(Reuters) - Qualcomm Inc reported a 40 percent slump in quarterly profit as its escalating patent battle with Apple Inc took a toll on its business......»»

Category: topSource: reutersJul 19th, 2017

Qualcomm"s profit slumps amid legal battle with Apple

Getty/Lintao ZhangQualcomm reported a 40 percent slump in quarterly profit, hurt in part by its escalating patent battle with Apple. Net income attri.....»»

Category: topSource: businessinsiderJul 19th, 2017

Viacom"s profit beats targets

Quarterly profit plunged 60 percent at the media giant. But as Fred Katayama reports, its earnings results handily beat analysts' forecasts amid its drive to turn itself around......»»

Category: videoSource: reutersMay 4th, 2017

Hyundai Motor first quarter profit slides as China political row, U.S. recall drag

SEOUL (Reuters) - South Korea's Hyundai Motor posted a 21 percent fall in quarterly net profit, dragged down by a U.S. recall and sales declines in China stemming from political tensions......»»

Category: topSource: reutersApr 26th, 2017

MetLife"s Q4 Offers Positives Amid Pockets Of Concern

Shares of Metlife Inc (NYSE: MET) fell more than 5 percent as its fourth-quarter results were weighed down by a $3.2 billion derivative loss, leading to a quarterly loss of $2.1 billion compared to a profit of $785 million a year-ago. Latest Ratin.....»»

Category: blogSource: benzingaFeb 2nd, 2017

GE profit up but revenue forecast trimmed amid sluggish economy

(Reuters) - General Electric Co reported a 6.7 percent rise in quarterly profit on Friday, helped by strength in its power and renewable energy businesses......»»

Category: topSource: reutersOct 21st, 2016

Foxconn 3Q17 gross margin hits 18-quarter low

EMS provider Foxconn Electronics (Hon Hai Precision Industry) has reported its third-quarter 2017 gross margin was 5.83%, the lowest quarterly level since second-quarter 2013. Its net profit for the quarter reached NT$21.029 billion (US$698.34 million)......»»

Category: topSource: digitimesNov 17th, 2017

Tencent third-quarter profit surges on smartphone games, payment services

HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd posted a 69 percent jump in its quarterly net profit, blowing past estimates, underpinned by a strong growth in revenue from its smartphone games and payment-related services......»»

Category: topSource: reutersNov 15th, 2017

Foxconn"s profit drops 39% in Q3 due to late shipments

TAIPEI (Reuters) - Taiwan's Foxconn , the world's largest contract electronics manufacturer and a major Apple supplier , posted a 39 percent drop in third-quarter earnings due to later-than-expected product shipments......»»

Category: topSource: business-standardNov 14th, 2017

Michael Kors second-quarter profit rises 26%

Michael Kors Holdings Ltd's quarterly profit rose 26 percent on Monday, helped by lower taxes and higher revenue from new store openings......»»

Category: topSource: foxnewsNov 6th, 2017

Starbucks sales and profit forecast disappoint, shares drop

(Reuters) - Starbucks Corp cut its profit forecast and posted disappointing quarterly results on Thursday, amid a bitter battle with competitors ranging from boutique coffee seller Intelligentsia to lower-price rivals like McDonald's......»»

Category: topSource: reutersNov 2nd, 2017

Shell austerity helps fuel profit rise

Royal Dutch Shell reported a near 50 percent rise in quarterly profits, driven by strong refining, while solid cash generation underscored the oil and gas company has adapted well to a world of low oil price. Laura Frykberg reports......»»

Category: videoSource: reutersNov 2nd, 2017