FACTBOX - Al Qaeda and the Mideast: Analysts' views |
- FACTBOX - Al Qaeda and the Mideast: Analysts' views
- Most Greeks think IMF help will hurt country- poll
- Bombs in Iraqi town kill seven -- police
- 'Heightened anxiety' after Thai attacks
- Thai police confront red shirts after grenade attack
- South Korea won't retaliate alone for ship sinking
- US sex abuse lawsuit names Pope
- Whale poo could help oceans absorb CO2-scientists
- Israel PM seeks new plan as U.S. envoy visits - report
- South Korea won't retaliate alone for ship sinking
- Icelanders begin volcano clean-up
- Oil workers missing as rig sinks
- 'Drug lord' arrested in Mexico
- Venezuela's two-tier health system
- Belgian PM offers to stand down
- Thai police pull back after confronting protesters
- Thai police pull back after confronting protesters
- Microsoft profit soars thanks to Windows 7
- Honda doubles operating profit
- Grass-roots warming summit calls for greenhouse cuts
FACTBOX - Al Qaeda and the Mideast: Analysts' views Posted: 23 Apr 2010 12:46 AM PDT |
Most Greeks think IMF help will hurt country- poll Posted: 23 Apr 2010 12:46 AM PDT |
Bombs in Iraqi town kill seven -- police Posted: 23 Apr 2010 12:46 AM PDT |
'Heightened anxiety' after Thai attacks Posted: 22 Apr 2010 11:56 PM PDT |
Thai police confront red shirts after grenade attack Posted: 23 Apr 2010 12:13 AM PDT |
South Korea won't retaliate alone for ship sinking Posted: 23 Apr 2010 12:13 AM PDT |
US sex abuse lawsuit names Pope Posted: 22 Apr 2010 11:24 PM PDT |
Whale poo could help oceans absorb CO2-scientists Posted: 22 Apr 2010 11:23 PM PDT |
Israel PM seeks new plan as U.S. envoy visits - report Posted: 22 Apr 2010 11:23 PM PDT |
South Korea won't retaliate alone for ship sinking Posted: 22 Apr 2010 10:10 PM PDT |
Icelanders begin volcano clean-up Posted: 22 Apr 2010 09:48 PM PDT |
Oil workers missing as rig sinks Posted: 22 Apr 2010 09:43 PM PDT |
'Drug lord' arrested in Mexico Posted: 22 Apr 2010 09:45 PM PDT |
Venezuela's two-tier health system Posted: 22 Apr 2010 09:34 PM PDT |
Belgian PM offers to stand down Posted: 22 Apr 2010 09:50 PM PDT |
Thai police pull back after confronting protesters Posted: 22 Apr 2010 09:36 PM PDT |
Thai police pull back after confronting protesters Posted: 22 Apr 2010 08:11 PM PDT |
Microsoft profit soars thanks to Windows 7 Posted: 22 Apr 2010 05:57 PM PDT SAN FRANCISCO: US software giant Microsoft on Thursday said that revenues surged to a record high in the recent quarter as Windows 7 operating system succeeded where its predecessor failed. Microsoft reported that its net profit in the quarter ending March 31 climbed 35 percent to 4.01 billion dollars. The firm's revenue hit a record 14.50 billion dollars in the quarter, up six percent over the same period a year ago. "Windows 7 continues to be a growth engine, but we also saw strong growth in other areas like Bing search, Xbox Live and our emerging cloud services," said Microsoft chief financial officer Peter Klein. Microsoft said revenue from its Windows computer operating system was up 28 percent over a year ago, driven by strong demand for the latest version, Windows 7. "Business customers are beginning to refresh their desktops and the momentum of Windows 7 continues to be strong," chief operating officer Kevin Turner said. Strong profit due to droves flocking to Microsoft's new operating system is a strong sign of the pent-up demand created when people shunned its predecessor Vista. Microsoft released Windows 7 to the world in October as it tried to regain its stride after an embarrassing stumble with Vista. While computer users may not give much thought to operating systems that serve as the brains of their machines, the programs are at the heart of Microsoft's global software empire. Microsoft operating systems run more than 90 percent of the world's computers. The failure of Vista to catch on hurt Microsoft competitively, giving Apple the opportunity to woo PC users to Mac. Apple reported stellar quarterly earnings this week, citing factors that included lots of people buying Macintosh machines for the first time. Microsoft apparently learned a lesson from Vista and worked closely with computer makers, users and software developers while crafting Windows 7. Some say consumers snatching up Windows 7 or machines pre-loaded with the software is a sign that the economy is on the mend. "Microsoft is a phenomenal bellwether for technology spending," analyst Rob Enderle said. "If they go up, it is one of the strongest indications that the tech market is improving." Windows 7 is installed on more than 10 percent of computers worldwide, making it the fastest selling operating system in Microsoft's history, according to Klein. Data released by industry-tracker IDC shows that personal computer sales rebounded at the end of last year and that momentum has carried into 2010. Further good news for the technology industry came in the form of computer chip titan Intel nearly quadrupling its profit in the first three months of this year. "We are encouraged by improving market conditions taking shape," Klein said during an earnings webcast. Wall Street had anticipated strong earnings from Microsoft since computer sales appeared to be picking up. "Increased earnings in an improving but still troubled market is always good news," Enderle said. "But we are not out of the woods yet." March was the 10th consecutive month of slight gains in search share for Bing, which Microsoft unveiled in June accompanied by a 100-million-dollar advertising campaign in a bid to challenge search juggernaut Google. Bing's share of the US search market rose to 11.7 percent in March from 11.5 percent in February, according to Web analytics firm comScore. Google remained the overwhelming leader of the lucrative US search and advertising market with 65.1 percent in March. Microsoft saw online advertising revenue climb 19 percent and expects its growth to outpace the overall market. Klein said the benefits of a deal to use Bing for searches on Yahoo! should begin kicking in later this year. Yahoo! and Microsoft unveiled a 10-year Web search and advertising partnership in July that set the stage for a joint offensive against Google. Microsoft is still losing more money than it makes in online operations, spending a lot of cash to gain ground in search advertising, according to financial analyst blogger Henry Blodget. -- AFP |
Honda doubles operating profit Posted: 22 Apr 2010 06:00 PM PDT TOKYO: Japanese automaker Honda Motor doubled its operating profit in the year to March thanks to demand in emerging markets and the cheap yen, a report said Friday. Honda's year-on-year operating profit shot up roughly 90 percent to 360 billion yen (3.9 billion dollars) for the previous financial year, the business daily Nikkei reported, without citing sources. The figure exceeds previous expectations for a profit of 320 billion yen, it said. The report comes as its rival Toyota struggles over a mass recall crisis that led to ratings agency Moody's on Thursday downgrading the beleaguered automaker. Honda has a high operating efficiency and the brand's popularity in emerging markets has been boosted through strong sales of motorcycles, the report said. The cheap yen against the dollar has pushed up profits by more than 10 billion yen, it added. Company officials were not immediately available for a comment. Honda said last month it would build a second motorcycle factory in India, employing about 2,000 people, to meet surging demand. Japanese automakers and their rivals are competing for a slice of the fast-growing market in emerging nations such as India and China, where a burgeoning middle class is boosting spending on cars, motorcycles and other goods. -- AFP |
Grass-roots warming summit calls for greenhouse cuts Posted: 22 Apr 2010 06:39 PM PDT |
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