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Microsoft quarterly results show revenue up 13 per cent

Microsoft Corp. has announced results for the third quarter of its financial year, the three months ending 31st March 2011.

Revenue reached $16.43 billion for the quarter, up 13% year-on-year, while operating income and net income were up 10% and 31% respectively.

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Motorola Mobility reports first quarter results

Motorola Mobility Holdings has released its first quarter results for 2011. Revenue was up 22% year-on-year to $3.0 billion, with the mobile devices part of the business generating $2.1 billion. It's still losing money but overall losses were down.

The company shipped 9.3 million mobile devices during the three month period, including 4.1 million smartphones and more than 250,000 XOOM tablets.

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Samsung Electronics says profit down in Q1 2011 results

Samsung Electronics has announced its results for the first quarter of 2011.

Revenue was up 7% year-on-year to 36.99 trillion Korean won, net income was down 30% to 2.78 trillion won and consolidated operating profit was 2.95 trillion won.

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Profits could be lower than expected, says RIM

Research In Motion has updated its 'financial guidance' for the current financial quarter that ends on 28th May 2011.

The company says earnings per share are likely to be lower than the figures previously forecasted.

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