Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers—and as PC sales in general took a dive.
On Thursday, BlackBerry maker Research In Motion Ltd. offered details on layoffs and announced yet another delay in its BlackBerry 10 devices. It also reported disappointing earnings for the latest quarter.
Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.
The Washington Post Co. reported a lower fourth-quarter net profit Friday on weakness at its education division and declining print and online advertising revenue at its flagship newspaper.
(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.
Microsoft Corp. battled through a weak PC market to post flat earnings in the final quarter of 2011, boosting sales of servers, Xbox games and its Office productivity software while trimming losses at its Bing search engine.
(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.
EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...
(AP) -- Amazon's spending on expansion will eventually help its bottom line, but right now it's costing the online retailer on Wall Street.
(AP) -- Consumer technology companies reporting financial results this week are looking like rowboats bobbing in the wake of Apple Inc.'s supertanker.