electronics branch Sony raises profit forecast because of Playstation 5 The Christmas business benefited the Japanese electronics giant Sony. photo © Koji Sasahara/AP/dpa At first, the PS5 was hard to come by. But with the Christmas business in 2022, sales are going better for Sony. After what was by far the best quarter for its Playstation games console, Sony has increased its profit forecast for the current financial year. The Japanese electronics giant sold 7.1 million PS5 devices during the...
Status: 02/02/2023 1:37 p.m After crises and scandals, Deutsche Bank sees itself on the way to old strength. The restructuring of the group seems to be having an effect. Germany's largest money house earns well with traditional banking. Germany's largest private financial institution, Deutsche Bank, has a pre-tax profit of around 5.6 billion euros. That is 65 percent more than in the previous year and thus the best result in 15 years. The bottom line is just over five billion...
Status: 02/02/2023 11:28 a.m The US tech giant Meta is struggling with high costs and is suffering from its competitor TikTok - now the Facebook parent is reporting the fifth decline in profits in a row. Nevertheless, the prospects are better than expected. High costs for severance payments and the restructuring of the group have brought the Facebook parent company Meta a surprisingly sharp drop in profits. The surplus collapsed by 55 percent to 4.65 billion dollars - it is...
Status: 02/02/2023 07:59 a.m Deutsche Bank earned more in 2022 than it has in 15 years. The bottom line was more than five billion euros. The money house also benefited from a positive tax effect in the billions. Thanks to higher interest rates and a thriving trading business, Deutsche Bank more than doubled its profits last year. The bottom line is that the shareholders of the DAX group made a profit of 5.02 billion euros. This corresponds to an increase...
Energy giant Shell posted record profits last year thanks to high oil and gas prices. The adjusted profit rose to 39.87 billion US dollars (36.22 billion euros), as announced by the British group. This means that the profit has roughly doubled within a year.The last quarter of the year, which was better than analysts had expected, is also partly responsible for the record profit. Thus, the dividend for the fourth quarter is a little higher than expected: Shell pays its...
Deutsche Bank with highest profit in 15 years Deutsche Bank posted its highest profit in 15 years in 2022. Pre-tax profit increased by 65 percent to around 5.6 billion euros, as Germany's largest financial institution announced this morning in Frankfurt. The bottom line is that the shareholders of the Dax group accounted for a little more than 5.0 billion euros surplus after 1.9 billion euros a year earlier. The bank also benefited from a positive tax effect in the billions....
shares in this articleIn the completed fourth quarter of 2022, Meta Platforms posted earnings of $1.76 per share. That's a significant decrease from the prior-year period, when EPS was $3.67 per share. Analysts had expected earnings per share to drop to $2.26 on average. In terms of sales, the Facebook parent has 32.17 billion US dollars on its books for the past quarter. The estimates of the experts amounted to 31.55 billion US dollars, after Mark Zuckerberg's group had turned...
electronics Samsung with significantly lower operating profit Advertisement for Samsung Galaxy smartphones in Seoul. photo © Ahn Young-Joon/AP/dpa Declining demand, falling prices and a sluggish consumer mood: The electronics group Samsung is also struggling with the consequences of global downward trends. Electronics giant Samsung clearly felt the weakness of the global economy in the fourth quarter of 2022. Profit from ordinary operations fell 69 percent year-on-year to 4.3 trillion won, the South Korean market-leading maker of memory chips and smartphones...
Status: 01/30/2023 09:37 a.m Europe's largest low-cost airline Ryanair has flown a record profit in the Christmas quarter. The company is doing significantly better than its competitor Easyjet, which was still in the red recently. In the past quarter, Ryanair managed to fly back into the black: in the reporting period ended December 31, the net profit was 211 million euros. Ryanair thus surpassed the previous record of 106 million euros in the Christmas quarter of 2017. In the second...
CEO Elon Musk's Twitter capers don't throw Tesla's profit machine out of sync. The net profit of the world's largest electric car manufacturer jumped in the fourth quarter by almost 60 percent to $ 3.7 billion, as the US company announced. Sales also increased sharply. However, despite the record in the fourth quarter, Tesla missed its target of increasing deliveries by 50 percent for the full year. With the recently massively reduced prices, the car manufacturer is now boosting demand....
