1097 Results for

%241.7 billion loss

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Sony to raise $3.6 billion in hopes of profitability

The company will sell additional shares and hold a bond offering to raise the required funds that it says will be used to help it transform "into a highly profitable enterprise."

By June 30, 2015

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SpaceX Falcon 9 rocket explodes minutes after launch

An unmanned rocket carrying 4,000 pounds of cargo to resupply the International Space Station suffered launch failure.

By June 28, 2015

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After a string of losses, Sony sees good times ahead for profit

The company lost 126 billion yen ($1.05 billion) in the fiscal year ended in March, but it expects to turn that around with a 140 billion yen profit next fiscal year.

By April 30, 2015

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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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Amazon reveals that its AWS cloud service is a $5 billion business

For the first time, the e-commerce giant reports sales results for Amazon Web Services -- and they're whopping.

By April 23, 2015

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NSA's Internet spying will cost US tech vendors $47 billion

Forrester Research says the revenue hit to US cloud and outsourcing providers is less than initially expected because international customers boosted security instead of leaving.

By April 2, 2015

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Sprint's customer growth returns, but Q3 loss doubles on charges

The carrier lost $2.38 billion in the quarter thanks to charges related to its wireline assets and its brand.

By February 5, 2015

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Sony trims annual net loss forecast on sales boost of image sensors, PS4s

More layoffs announced for mobile division, seen by Sony leadership as a key to the company's turnaround efforts.

By February 3, 2015

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Qualcomm's mobile dominance shaken from loss of flagship phone

The leading maker of mobile chips works to quell concerns about its business prospects and new high-end chip after it disclosed this week that a large customer dropped the chip from a major phone.

By January 31, 2015

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Sony dreams big, targeting $4 billion profit by 2018

Light at the end of the financial tunnel? Sony sees a brighter future riding its PlayStation, along with movies, music and components such as image sensors.

By February 18, 2015