News tagged with quarter earnings

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Microsoft offers $99 Xbox consoles with a catch

Microsoft began testing whether a pricing strategy that has been a hit with smartphones will invigorate sales of its Xbox 360 videogame consoles.

Electronics / Consumer & Gadgets

created May 08, 2012 | popularity 2.3 / 5 (3) | comments 4

Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Technology / Business

created Jan 25, 2012 | popularity 1 / 5 (4) | comments 2

Oracle misfires in fiscal 2Q, raising tech worries

Oracle's quarterly earnings missed analyst estimates as the business software maker struggled to close deals, signaling possible trouble ahead for the technology sector.

Technology / Business

created Dec 20, 2011 | popularity not rated yet | comments 0

Netflix loses 800,000 US subscribers in tough 3Q (Update)

(AP) -- Netflix jolted its shareholders again with a third-quarter financial report that portrayed a company in crisis.

Technology / Business

created Oct 24, 2011 | popularity 5 / 5 (1) | comments 7

In rare miss, Apple 4Q earnings disappoint (Update)

Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales.

Technology / Business

created Oct 18, 2011 | popularity 5 / 5 (2) | comments 1

Rebooting the PC industry: Tablets force a shift

(AP) -- The personal computer industry needs a jumpstart - and it's counting on a rescue from emerging markets and a late-to-the-party push into tablet computers.

Technology / Business

created Jul 19, 2011 | popularity 4 / 5 (1) | comments 9

IBM raises guidance, beats Street estimates

IBM Corp. raised its income guidance for the year on Monday as earnings in the latest quarter increased 8 percent because of growth in all three of its major product categories.

Technology / Business

created Jul 18, 2011 | popularity not rated yet | comments 1

Google braces to pay at least $500M in ad probe

Google Inc.'s lucrative online advertising system is facing a U.S. Justice Department investigation that is expected to cost the Internet search leader at least $500 million.

Technology / Business

created May 11, 2011 | popularity not rated yet | comments 1

Microsoft 3Q growth overshadowed by tablet threat (Update)

Even as Microsoft Corp.'s earnings grow at a robust rate, investors can't seem to shake the feeling that the boom days are winding down for the world's largest software maker.

Technology / Business

created Apr 28, 2011 | popularity 3 / 5 (2) | comments 0

Verizon 1st-qtr profit, revenue beat expectations

(AP) -- Verizon Communications Inc. said Monday its earnings grew 5 percent in the first quarter, boosted by its acquisition of Alltel Corp. and strong demand for its wireless, Internet and TV services.

Technology / Business

created Apr 27, 2009 | popularity not rated yet | comments 0

Reports: HP poised to eliminate up to 30,000 jobs

(AP) -- Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.

Technology / Business

created May 17, 2012 | popularity 5 / 5 (1) | comments 0

Cisco's sobering forecast overshadows 3Q earnings

(AP) -- Cisco raised the specter of a sharp slowdown in technology spending late Wednesday, rattling investors already fretting about the economy's fragile condition.

Technology / Business

created May 09, 2012 | popularity not rated yet | comments 0

Dish profit down 34 pct, but adds subscribers

(AP) -- Satellite TV provider Dish Network Corp. said Monday that it added subscribers in the first quarter, but net income dropped 34 percent and revenue growth fell short of Wall Street expectations.

Technology / Business

created May 07, 2012 | popularity not rated yet | comments 0

Social games star Zynga in the red, but optimistic (Update)

Online social games star Zynga stayed in the red in its second quarter as a publicly traded company but on Thursday promised better days ahead with the help of play on smartphones and tablet computers.

Technology / Business

created Apr 26, 2012 | popularity not rated yet | comments 1