Huawei embargo to blame

Samsung Electronics is likely to say second quarter profit more than halved when it reports preliminary earnings thanks to a drop in memory chip shipments to China’s Huawei.

Beating market expectations

China’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales much better than the cocaine nose jobs of Wall Street predicted.

Thanks to mice and Fortnite

Logitech said keyboards and mice for players of multiplayer online games like Fortnite had surged as the peripherals maker reported a 22 per cent increase in profit during its fourth quarter.

The Apple cult giveth, the Apple cult taketh away

TSMC posted its steepest profit decline in over seven years in the first quarter of the year thanks to a slowing electronics market and declining orders from the fruity cargo-cult Apple.

The cloud grows as people lose interest in mainframes again

IBM reported a bigger than expected drop in its first quarter revenue due to falling mainframe demand and a stronger dollar.

Better than expected profits

Ericsson posted a first-quarter profit that was much better than the cocaine nose jobs of Wall Stree predicted.

Memory chip glut

Samsung is heading for its lowest quarterly profit in more than two years as a glut in memory chips, slowing panel sales and rising competition in smartphones hit its bottom line.

All thanks to its 7nm

TSMC is expected to post record revenues for the fourth quarter of 2018 thanks mostly to the contribution coming from its 7nm processing.

Software moves are paying off

Cisco beat analysts’ estimates for quarterly revenue and profit thanks to demand for its routers and switches as well as growth in newer areas of focus such as software.

But predicts things will be better next year

Qualcomm forecast sales revenue for the holiday shopping quarter below analysts’ estimates.