Graphics processor unit (GPU) revenue decreased 14 percent sequentially due to lower unit shipments to OEMs partially offset by higher channel sales.

ENGADGET: AMD reports $1.27 billion in revenue for Q3 2012

That was more than offset by the 10 million unit hike in Asian W-CDMA unit projection for 2011.

FORBES: Has A Serious Mobile Phone Slump Started In Europe?

Shares of Nokia have fallen 13% after higher sales of its Lumia smartphones failed to offset a decline in its mobile phone unit in the first quarter.

BBC: Nokia shares fall despite higher Lumia sales

Part of this rise in pay has been offset by strong productivity growth, but even unit wage costs are rising more rapidly.

ECONOMIST: A monetary tug-of-war

Coal product revenues decreased 18%, driven by an 19% decline in volumes which was partially offset by a slight increase in revenue per unit.

FORBES: CSX Results Saved By Autos, Intermodal Growth While Coal Shipments Sink

Revenue from its wealth management group offset a decline in its fixed income and commodities trading unit.

BBC: Morgan Stanley reports first quarter profit

But while the country's energy intensity--the amount of energy required to produce a unit of economic growth--is improving, it is not improving enough to offset the pace of growth of the economy, the population and living standards.

FORBES: Magazine Article