1231 Results for

$1.7 billion loss

Article

Sony posts $1.2 billion loss as mobile business falls off a cliff

Dragging down the rest of the company Sony's mobile unit posts a quarterly operating loss of $1.6 billion on $2.8 billion in revenue.

By October 31, 2014

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AT&T to record $10 billion charge in fourth quarter

The company expects a pretax loss due to changes in pension and post-employment plans and abandonment of certain copper assets.

By January 18, 2015

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Sprint returns to customer growth amid loss; plans to cut 2,000 jobs

First quarter for new CEO Marcelo Claure was a rocky one, with growth largely driven by the carrier's wholesale business, but there were signs of progress.

By November 3, 2014

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Amazon losses widen as it braces for rocky holiday quarter

The e-commerce company misses Wall Street expectations and reports a third-quarter loss of $437 million. More critically, it warns that its fourth-quarter revenue will also disappoint.

By October 23, 2014

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Intel tops Q3 expectations despite a $1B loss in mobile biz

The world's largest chipmaker by sales continued to post stronger numbers in its PC and data-center businesses, but its mobile unit posted just $1 million in revenue and another huge loss.

By October 14, 2014

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Sony sees $2.1B loss for fiscal year as mobile woes take a toll

The situation is so bad that Sony is suspending its dividend -- the first time it won't be making a payout since it listed in 1958.

By September 17, 2014

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Verizon's subscriber growth continues to hum, even as defections rise

A fourth-quarter jump in the customer turnover rate underscores the increasingly volatile environment for wireless carriers that even Verizon can no longer avoid.

By January 22, 2015

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Nintendo posts another tough quarter as profits turn to losses

The company generated a loss during the three months that ended in June -- a contrast to the small profit a year earlier.

By July 30, 2014

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Amazon whiffs with hefty $126M Q2 loss after Fire TV, Phone launch

Following a profitable first quarter, the strain of multiple product launches weighs on the e-commerce giant.

By July 24, 2014

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The PC market is reviving, and so is Intel

The world's biggest chipmaker ended 2014 on solid footing thanks in part to its reinvigorated PC business. However, Intel's mobile division remains a huge drag.

By January 15, 2015