Fantasyland

Yesterday Apple had a go at peddling a fantasy to reassure the world that its iPhone cash cow was not on its way out due to mad cow disease.

Lowest in three years

Memory maker SK Hynix said it is expecting a strong pick up for its products in the second half of the year, after reporting that its second quarter operating profit was its lowest for three years.

60.5 million smartphones globally

Huawei has said that it shipped 60.5 million smartphones globally in the first half of 2016, a 25 percent rise from a year before.

High-margin and classy packaging

The maker of expensive esoteric business software, which no one really understands, is continuing to make loads of money.

Office 360 doing well too

Microsoft has done better than the cocaine nose jobs of Wall Street predicted, thanks mostly to making rather a lot of dosh on the back of its commercial cloud business.

Should pick up in the second quarter

LG Display has said that it is seeing signs of improvement in the display panel industry and expects its business performance to pick up in the second half of the year.

$504 million for April June

LG Electronics appears to be doing rather well all of a sudden and says its second-quarter operating profit will reach a two-year high.

Other companies will want our tech

Blackberry is hoping to pull its nadgers out of the fire by licencing its mobile software to other outfits.

Net loss of $128 million – first in six years

Lenovo is not having a good time of late as the declining use of the PC and its underperforming Motorola unit continues to give its bottom line a spanking.

Chip demand rising as AMD snoozes

Nvidia forecast better-than-expected revenue for the current quarter demand for its chips has risen, while its rival, AMD has a knap while waiting for its Zen technology to arrive.