Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. The world's most valuable publicly traded company said improved sales from China were around the corner, despite revenue falling almost 30 percent from the country in the latest quarter. It said sales so far to India have only scratched the surface. But a slight miss on fiscal fourth-quarter revenue…
LAHORE: Punjab government has demanded of the federal government of arrears of net hydel profit worth Rs 102 billion with the ultimatum that it would take up the issue in the Council of Common Interest (CCI) if it is not timely resolved.
LAHORE: Pakistani cricket officials announced Tuesday an overall profit of $2.6 million from the country's first ever Twenty20 league.
SAN FRANCISCO: Facebook quarterly profit more than doubled as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion, it said Wednesday.
CALIFORNIA: LinkedIn Corp's quarterly revenue and profit handily beat analysts' estimates as the world's biggest professional networking website operator earned more from its recruitment services business and from advertisements and paid memberships.
TOKYO: Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp.