Posts Tagged "soars"

Yahoo profit soars after Alibaba IPO

Yahoo profit soars after Alibaba IPO

Yahoo can’t hide behind Alibaba anymore. The Web giant’s profit soared in the third quarter, after earning $ 6.3 billion from selling part of its stake in Alibaba ( BABA , Tech30 ) , the Chinese e-commerce giant. Alibaba debuted last month on the New York Stock Exchange in the largest IPO in Wall Street history. Yahoo, whose stock had…

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Apple revenue soars on massive Iphone, Mac income

Apple revenue soars on massive Iphone, Mac income

  How a lot does your Apple iphone really cost? Even as Apple seeks out development by delving into payments and watches, Apple’s main business carries on to boom on the back of its revving Apple iphone motor. Apple bought 39.three million iPhones in the past quarter, which provided almost two months of income for the new Apple iphone six…

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