Profit (accounting)
hideAccounting 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
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News tagged with operating profit
Oracle's Larry Ellison says Sun losing $100 million a month
Sep 25, 2009 |
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Declaring that Sun Microsystems is losing $100 million a month, Oracle CEO Larry Ellison has expressed frustration over an extended European antitrust review that has delayed his plans to acquire the struggling computer maker.
LG Electronics posts record Q2 earnings
Jul 22, 2009 |
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South Korea's LG Electronics Wednesday reported a record quarterly net profit, boosted by brisk sales of flat panel televisions and mobile phones.
Nintendo profits sink on Wii woes
Oct 29, 2009 |
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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.
News Corp 4Q loss hits $203M on MySpace writedown
Aug 05, 2009 |
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(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 ...
Japan's Sharp sees deeper net loss
Apr 08, 2009 |
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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.
Mixed feelings about Sun setting in Silicon Valley
Apr 20, 2009 |
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(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 Electronics reports 72% profit slump
Apr 24, 2009 |
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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.
Nintendo's annual profit rises 8.5 percent
May 07, 2009 |
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(AP) -- Nintendo Co. reported an 8.5 percent rise in annual profit as the video game maker shrugged off the global slowdown that has battered other Japanese manufacturers.
Thomson Reuters says profits rise in first quarter
May 07, 2009 |
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Financial information provider Thomson Reuters said Thursday that profits climbed in the first quarter of the year despite challenging market conditions.
Toshiba to cut costs by $3.5 bln
May 24, 2009 |
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Japanese electronics giant Toshiba plans to reduce fixed costs 10 percent more than previously announced, a news report said on Sunday.
Samsung Electronics posts 'outstanding' Q2 results
Jul 24, 2009 |
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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.
Server market woes likely to grow as year goes on
Jul 24, 2009 |
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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 ...
SKorea's SK Telecom profit rises 4.6 percent
Jul 28, 2009 |
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South Korea's top mobile carrier SK Telecom said Tuesday net profit rose 4.6 percent year-on-year for the second quarter due to an increase in wireless Internet revenue and new subscribers.
Japan's Toshiba still in red
Jul 29, 2009 |
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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.
Chip maker Infineon trims loss, sees larger writedowns
Jul 29, 2009 |
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Troubled German semi-conductor maker Infineon said Wednesday that it had managed to limit its quarterly loss but warned that full-year asset writedowns would be larger than expected.
