Financial results stories - Page 24

Xero's revenue and customers double, yet losses inch up due to growth expenses. The firm's aggressive expansion strategy shows promise.

Facebook shares fall for second day as criticism grows over handling of IPO, with analysts predicting further drops.

In-house ads are taking up the majority of space on mainstream news sites, as publishers struggle to convince advertisers to make the leap from print.

LinkedIn reports over 100% growth in revenue for Q4, with $167.7m earned compared to $81.7m in 2010. Shares rise 9%.

Nintendo faces its first annual loss since 1981 with a forecast down to 65 billion yen, blame falls on weak 3DS sales and strong yen.

RIM's earnings plummet as PlayBook re-valuation and service outage hit hard, with co-CEOs slashing their pay to $1 amidst declining BlackBerry sales.

Xero narrows its losses to $3.7m from $4.7m, as global expansion and robust home market herald its rise as a future online accounting titan.

Vodafone has suffered its second drop in customers in a row, according to figures from parent company Vodafone PLC.

Apple shatters records with Q3 revenue of $28.27bn and net profit of $6.6bn, selling 17M iPhones ahead of the iPhone 4S launch.

WatchGuard revels in a record Q3, boasting a 15.6% surge in revenue, largely driven by strong growth in EMEA and ANZ regions.

Google's profit nears US$10bn in Q3, up 33% from 2010, as Google+ hits 40m users. CEO Larry Page cites a 'great quarter' with strong growth.

State-owned telco Kordia reports a 14% revenue rise to NZD $295m despite impairment charges linked to digital TV switch and the Christchurch earthquake.

Telecom has written off USD $257 million in asset impairments due to Ultra Fast Broadband upgrades, yet still saw a 1.6% rise in net earnings.

Huawei's 2011 H1 results show robust growth with revenue up 11% to CNY98.3 billion (NZ$18.5 billion) and operating profit at CNY12.4 billion (NZ$2.3 billion).

Google reports revenue increase of 23% for first quarter, reaffirms commitment to innovation and heavy investment.

Westcon CEO Dean Douglas reaffirms commitment to invest in Datastor, aiming to make it New Zealand's top distributor and bring trans-Tasman vendor growth.

Many of the traditional IT barriers, both internally and externally, have been lowered to a point where many will be able to shine.

One of the more subtle areas that often trips up new ventures, especially contractors, is the attribution rule.