Profit (accounting)

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Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.

A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.

For more information about Profit (accounting), read the full article at Wikipedia.
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News tagged with operating profit

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Yahoo CEO pledges to boost profit margins (AP)

Yahoo CEO pledges to boost profit margins

Technology / Business

created Nov 10, 2009 | popularity not rated yet | comments 0

(AP) -- Yahoo Inc. Chief Executive Carol Bartz promised Tuesday to turn around the struggling Internet company after this year's "terrible" performance.


Nintendo recently cut the price of the Wii by a fifth in an effort to reinvigorate sales

Nintendo profits sink on Wii woes

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created Oct 29, 2009 | popularity 3 / 5 (1) | comments 0

Nintendo Co. revealed Thursday a plunge in profits and slashed its full-year forecasts as sales of its blockbuster Wii video game console take a dive in the absence of hit new games.


SKorea's Hynix finally swings to profit

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created Oct 23, 2009 | popularity not rated yet | comments 0

South Korea's Hynix Semiconductor, the world's second largest memory chip maker, Friday announced a profit for the third quarter after seven straight quarters of losses.


Mixed feelings about Sun setting in Silicon Valley

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created Apr 20, 2009 | popularity not rated yet | comments 0

(AP) -- If IBM Corp. had managed to buy longtime rival Sun Microsystems Inc., it might have been as incongruous as waking up to a big blue sun.


Samsung expects strong 3rd-quarter profit (AP)

Samsung expects strong 3rd-quarter profit

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created Oct 06, 2009 | popularity not rated yet | comments 0

(AP) -- Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat ...


Panasonic digital cameras

Panasonic announces Q1 net loss of 560 mln dlrs

Technology / Business

created Aug 03, 2009 | popularity not rated yet | comments 0

Japanese high-tech giant Panasonic Corp. announced Monday a big first-quarter loss, blaming weak sales of televisions, digital cameras and other electronic goods during the recession.


Norio Sasaki, president of Japanese high-tech giant Toshiba

Toshiba eyes new businesses for recovery

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created Aug 05, 2009 | popularity not rated yet | comments 2

Toshiba Corp. said Wednesday it aimed to expand its energy, healthcare and environment-related businesses as it targets a strong recovery in earnings within the next three years.


News Corp 4Q loss hits $203M on MySpace writedown

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created Aug 05, 2009 | popularity 1 / 5 (1) | comments 0

(AP) -- Global media company News Corp. says its fourth-quarter net loss hit $203 million due to huge impairment charges at MySpace, while its operating profit for the year was slightly worse than it predicted due to the ...


A Toshiba billboard in Tokyo

Japan's Toshiba still in red

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created Jul 29, 2009 | popularity not rated yet | comments 0

Japanese high-tech giant Toshiba said Wednesday it had lost more than 600 million dollars in the fiscal first quarter as the economic downturn hit sales of televisions and other electronics.


Server market woes likely to grow as year goes on

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created Jul 24, 2009 | popularity not rated yet | comments 0

It was only a few years ago that the market for computer servers was one of the hottest in the tech sector as large corporations, most notably financial services companies, bulked up on the devices to run their high-end business ...


A Samsung Electronics' watch-shaped mobile phone

Samsung Electronics posts 'outstanding' Q2 results

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created Jul 24, 2009 | popularity not rated yet | comments 0

Samsung Electronics Co., the world's leading computer memory chipmaker, on Friday posted what it called "outstanding" second-quarter results due to a recovery in prices and demand.


An LG Electronics phone-watch

LG Electronics posts record Q2 earnings

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created Jul 22, 2009 | popularity 5 / 5 (1) | comments 0

South Korea's LG Electronics Wednesday reported a record quarterly net profit, boosted by brisk sales of flat panel televisions and mobile phones.


Toshiba made a loss of 250 billion yen in 2008

Toshiba to cut costs by $3.5 bln

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created May 24, 2009 | popularity not rated yet | comments 0

Japanese electronics giant Toshiba plans to reduce fixed costs 10 percent more than previously announced, a news report said on Sunday.


Samsung Electronics has announced its first-quarter net profit fell more than 70% year-on-year

Samsung Electronics reports 72% profit slump

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created Apr 24, 2009 | popularity not rated yet | comments 0

South Korea's Samsung Electronics, the world's top computer memory chipmaker, has announced its first-quarter net profit fell 72 percent year-on-year as poor demand depressed prices.


Japanese electronics giant Sharp Corp. forecast a net loss of 130 billion yen (1.3 billion dollars)

Japan's Sharp sees deeper net loss

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created Apr 08, 2009 | popularity not rated yet | comments 0

Japanese electronics giant Sharp Corp. said that it had fallen deeper in the red than expected in the past year, suffering its first-ever loss due to the economic downturn.