Earnings

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Struggling HP Slashes 27,000 Jobs [Updated] [Hp]





HP's quarterly earnings may have outperformed expectations, but it's not good enough: the Silicon Valley company confirmed rumors that it would cut lots of jobs. 27,000 jobs to be precise. That's 8-percent...
0   Published 9 hours ago in
Gizmodo, the Gadget Guide: Profile, Details
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Exclusive: Schultz and Efrusy to Leave Groupon Board; "Accounting Types" Joining
Spencer Platt | Getty Images News
According to sources close to the situation, Starbucks Chairman and CEO Howard Schultz (pictured here) and Accel Partners’ Kevin Efrusy will be stepping down from the board of Groupon.
Schultz’s departure wil...
0   Published 23 days ago in
Kara Swisher - AllThingsD: Profile, Details
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Apple could theoretically buy Amazon, Nokia and RIM with its pile of cash
We know that’s not how it actually works, but it helps to put the size of Apple’s enormous pile of cash into some perspective.
With over $110 billion in cash, the Cupertino giant could theoretically buy three major rivals and still have chang...
0   Published 29 days ago in
The Next Web - International technology...: Profile, Details
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Here's How Much Money Facebook Makes Off of You [Facebook]





We'd gotten a glimpse at Facebook's financials when the company first filed for an IPO in early February, but now an amended S-1 filing has shed even more light on the giant pile of money hoarded by the Zu...
0   Published 30 days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Despite All the Sturm und Drang, Yahoo Will Likely Beat This Quarter (It's the Next Step That's a Doozy)

Oy.
That’s why I was thinking over and over in my head, as I read through the many pretty decent questions that Yahoo’s activist investor Third Point asked on its Value Yahoo Web site yesterday.
Because there were so many — they are al...
0   Published 37 days ago in
Kara Swisher - AllThingsD: Profile, Details
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HTC posts weak Q1 2012 earnings: revenue down 35%, net profit down 70%
Smartphone maker HTC this morning released unaudited financial results for the first quarter of 2012. Given the company’s previously released figures for January and February, HTC was widely expected to report a pretty disastrous quarter in light of...
0   Published 48 days ago in
The Next Web - International technology...: Profile, Details
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Russia’s Mail.Ru booked $208m in profits – on $515m in revenues – last year
Mail.Ru Group this morning posted preliminary, unaudited earnings for both the second half and full year of 2011, days after fellow Russian Internet giant Yandex reported its financial results.
Mail.Ru, which operates an Internet portal, social networks, ...
0   Published 90 days ago in
The Next Web - International technology...: Profile, Details
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After Stock Got Whacked Last Week, Demand Media Readies Its Q4 Story for Wall Street

A little more than a week ago, Morgan Stanley kneecapped Demand Media’s stock by downgrading the Santa Monica, Calif., online content company’s prospects.
Some worries: Pressure from algorithm-tweaking Google, upon which Demand relies heavily...
0   Published 97 days ago in
Kara Swisher - AllThingsD: Profile, Details
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Demand Media Beats Expectations Slightly in Q4 Report; Buying Back More Stock; CEO: "Turbulent Year"

Demand Media, which has suffered from stock weakness and worries about its traffic and costs, beat Wall Street expectations in its fourth quarter earnings report, which was released after the market closed today.
The Santa Monica, Calif. online media com...
0   Published 97 days ago in
Kara Swisher - AllThingsD: Profile, Details
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AOL Beats Low Expectations, Increasing Ad Revenue and Slowing Total Decline in Q4 (Plus Charts!)

AOL said it earned 23 cents a share for the fourth quarter on revenue of $576.8 million, compared to 60 cents per share on $596 million in the same quarter a year ago.
Wall Street analysts had expected the New York-based Internet company to earn 16 to 17...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Amazon's Earnings Report Translated Into English [Amazon]





Amazon, purveyor of fine mini-tablets and concrete mix and other sundries, announced today how much money it made last year and where and why. The only problem? Like most earnings reports, it's completely ...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Netflix Isn't Doing As Bad As We Thought It Was [NetFlix]





Netflix had a pretty bad 2011. And that might be underselling it since the company pretty much destroyed all the goodwill it developed over the years and became a laughingstock. No matter! Netflix just ann...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Lucky 13: After More Than a Dozen Failing Quarters, How Will New Yahoo CEO Roll the Dice?

Yahoo will report its fourth quarter earnings tomorrow, after the markets close, which most expect to be lackluster compared to a year ago.
To call this report a surprise would be, well, wrong.
In fact, it will be the 13th quarter in which the Silicon Va...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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As Weak Q4 Earnings Loom, Yahoo Freezes Hiring and Also Contemplates Layoffs

According to sources close to the situation, Yahoo has instituted a hiring freeze across the company and is considering a reduction in force in support units of the company.
While the details of any layoffs — which are expected to be small and sel...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Google Hauled in $10 Billion of Highly Relevant Money Last Quarter [Google]





Google just reported its earnings results from the most recent financial quarter, and while there's not too much to go on yet, it's notable that for the first time, the company took in over $10 billion of ...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Yahapocalypse Now? Q4 Results, Proxy Fight, Board Hijinks and Asia Solution Combine for Busy Month for Yahoo.

If you thought things were going to quiet down with Yahoo now that it has installed new CEO Scott Thompson in place, think again!
That’s because of a very unusual — well, to be fair, unusual for most companies, but not for perpetually storm-t...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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For Yahoo (and Me Too), Time Is Brain

I hate to use a personal story to make a professional point — but when I was in the hospital recently after suffering from a mini-stroke, I got an important piece of health advice that, oddly enough, applies perfectly to Yahoo, the Silicon Valley I...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Microsoft Makes Great Gobs of Cash Despite Sluggish PC Growth [Microsoft]






Microsoft's posted record first fiscal quarter revenue, bagging $17.37 billion on the way to $5.74 billion of net earnings. The usual suspects—Office, Servers and Tools, Xbox—did gangbusters, ...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Apple: iPhone 5 Rumors Hurt Sales [Apple]






Apple's earnings call began with new CEO Tim Cook offering homage to Steve Jobs. He went on to note it set new records, sold a fuckton of phones, tablets, and computers, and made a huge pile of money. ...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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No New iPhone Dinged Apple's Earnings This Summer [Apple]






Apple may have missed Wall Street's sales expectations this quarter in most of their product divisions, but the millions of iStuff they did move was good for $28 billion revenue, $6.6 billion, and the con...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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All Eyes on Yahoo's Q3 Earnings Tomorrow, With Results Under Pressure

Tomorrow, after the markets close, Yahoo will announce its third-quarter earnings, perhaps one of its more important reports in recent years.
Wall Street analysts are expecting the Silicon Valley Internet giant to report earnings of 17 cents per share on...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Is Google Going To Conquer The World With Google +? [Google]






Google Co-founder and CEO Larry Page spoke candidly about the future of Google during the company's recent earnings conference call. Page wants to make Google's products more social and the best way to do...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Google+ Has 40 Million Users, But How Many Use It? [Google]






Google has announced its earnings for the most recent quarter, and—surprise!—they made lots and lots and lots of money, mostly off of search revenue. Which is the same story that's been writte...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Will RIM Not Disappoint Again This Quarter?

After a series of increasingly disappointing quarterly earnings announcements, Wall Street is hoping that Research in Motion will deliver better results today.
The Canadian phone maker — most famous for its iconic Blackberry devices — will be...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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RIM Earnings Even Worse Than Expected [Rim]






Oh dear. BlackBerry manufacturer RIM has coughed up its second fiscal quarter results, and they're not pretty. In fact, they're downright ugly. The company's revenue was down 10% from last year, and it ma...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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After Pushing webOS Off a Cliff, HP Watches Its Stock Take a Deep Dive

What a difference a day makes.
In the 24 hours since Hewlett-Packard announced it was cutting production of its high-profile webOS mobile devices and might spin off its huge consumer PC business, stock of the tech giant has plummeted 20 percent.
HP share...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Myspace: A Cautionary Tale or Just a Basic Belly Flop?

A sad little period was put on the even more pathetic story of Myspace yesterday by its former owner, News Corp., which said it had lost $254 million. The media giant announced the writedown during its quarterly earnings call.
The down-the-drain social n...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Wall Street's Demand for Demand Media Falls Off

After the markets close tomorrow, Demand Media will report its second-quarter earnings.
Wall Street is expecting a solid performance from the Santa Monica, Calif.-based online content maker compared to last year.
The consensus of estimates by analysts i...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Tech Stocks -- Even Those With Strong Results -- Tank Hard With the Market Today

Despite mostly strong results recently, public tech stocks were not spared the red ink that spilled all over yesterday, as the Dow Jones Industrial Average slid 5.5 percent.
The result Standard & Poor’s downgrading of the federal government...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Tech Stocks Get Whacked in Market Downturn -- Yahoo and LinkedIn Twice as Hard

Today’s stock market rout hit tech stocks hard, with most declining as much as the broader indices.
With the Dow Jones Industrial Average down 4.3 percent and Nasdaq off 5.1 percent, shares of Google, Microsoft, AOL and Apple managed to stay in th...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Microsoft releases Q4 earnings, posts $17.37 billion in revenue
Today Microsoft released its fourth quarter earnings for fiscal year 2011.

For the quarter, Microsoft posted $17.37 billion in revenue. That compares favorably to the same quarter last year, in which Microsoft did $16.04 in revenue. Operating income was ...
0   Published 100+ days ago in
The Next Web - International technology...: Profile, Details
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Microsoft Sells Enough Xboxes to Make Up for Bing in Record Revenue Fiscal Year [Earnings]


Microsoft made about $70 billion dollars of revenue in the last fiscal year, including $17.37 billion in the last quarter. That's a big fat record for the company, led by Xbox and Office sales. In fact, nearly every Microsoft division is po...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Not-So-Chart-tastic Picture of Yahoo's Q2 Display Disaster

Here are the slides Yahoo released about its second quarter earnings, in which revenue was down due to an unexpected drop in growth in its display advertising business, especially in the critical U.S. market.
As you can see on Page 8 of the deck, year-ov...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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With Yet Another Flat Quarter Expected, Does Yahoo Need a Hail Mary Hulu Acquisition?

Tomorrow, Yahoo will announce its second-quarter earnings and, once again, Wall Street is expecting yet another meh performance from the Internet giant.
In his “cheat sheet” report, Citi analyst Mark Mahaney’s take is pretty typical of ...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Google reports over $9 billion in revenues for Q2 2011, up 32% year on year
“We had a great quarter, with revenue up 32% year on year for a record breaking over $9 billion of revenue,” said Larry Page, CEO of Google. “I’m super excited about the amazing response to Google+ which lets you share just like in real life.”
Googl...
0   Published 100+ days ago in
The Next Web - International technology...: Profile, Details
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Nokia's Stephen Elop Jumps Off Burning Platform Onto D9 Hot Seat: The Full Interview (Video)

Nokia CEO Stephen Elop has not had the best of times since he left a top job at Microsoft to take over the reins of the Finnish mobile giant.
What with layoffs, executive shakeups, an earnings scare and stock drops, along with a need to completely rehaul...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Ten Reasons Why BlackBerry Is Screwed [BlackBerry]






RIM, the maker of BlackBerry, was absolutely destroyed today in the stock market. But that's just part of the story. RIM is screwed. More »






0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Yahoo Preps for Investor Day Tomorrow, While Investors Prep for a Yahoo Grilling

The execs at Yahoo were huddled yesterday and also today, getting ready for its investor day tomorrow morning.
It’s probably a good idea, especially since the Silicon Valley Internet giant has to come up with a good answer to how it is settling the...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Demand CEO Richard Rosenblatt Talks Panda

Last week, after he turned in better-than-expected earnings and tried to explain to a worried Wall Street how the search algorithm changes at Google, called Panda, were significant but not devastating to his business, BoomTown had a short phone interview...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Kung Fu Panda Too? Demand Media Q1 Earnings All About Battling the Bears

Later today, Demand Media will report its first-quarter earnings, its second outing after its IPO earlier this year.
Wall Street is expecting the company to report about $69.6 million in revenue for the three months, with 4 cents a share in profits.
But...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Microsoft Just Made Less Money Than Apple [Microsoft]


Our favorite stat in Microsoft's earnings for the past quarter? That Entertainment & Devices, the division in Microsoft that makes the best stuff (Xbox, Zune, Windows Media Center, Windows Phone) has grown 60 percent over the last year. (Fo...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Netflix DVD Shipments Are Decreasing for the First Time [Factoid]


Netflix has announced that they made a ton of money this quarter, sure. But they also let it be known that for the first time in the company's history, year over year DVD shipments had actually declined. Which is pretty much exactly what th...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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2.2 Million People Finally Got Their Verizon iPhone Last Quarter [Factoid]


In the first seven weeks that the iPhone was available on Verizon's steadfast network, 2.2 million of the handsets were activated. That is—not surprisingly, given the pent-up demand—about 12,000 more units per day that AT&T acti...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Apple Earns $6 Billion Despite Steep iPad Sales Decline [Apple]






iPad sales may have dropped more than 30% between the holiday quarter and this most recent one, but that didn't stop Apple from setting record second-quarter revuenes and earnings. More »
...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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AT&T Holds Off Verizon in Fight for iPhone 4 Hearts [Factoid]






These last few months, for the first time since the iPhone was released, customers finally had a choice in who their carrier would be. They'd no longer be shackled by AT&T's sucktastic network! And what d...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Demand Responds to Google Content Purge

Here’s a blog post that Demand Media put up in response to Google’s announcement last night that it would prune low-quality content from its search results.
In a blog post titled “Finding More High-Quality Sites,” Google said:
...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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AT&T Posts Record Numbers, but iPad Activations Lagging [Money]


So, completely unsurprisingly, AT&T made a ton of money last quarter—$31.4 billion. Chalk that up in part to the 4.1 million iPhones they activated. But don't chalk it up to the paltry 442,000 tablets switched on. More »...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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Yahoo Shares Feel Pressure Ahead of Next Week's Earnings

For a while recently, it looked like Yahoo shares might start pulling out of their longtime $16 range, boosted by various and sundry rumors about the sale of its Asian assets and other machinations.
But, as worries about its next earnings call in less th...
0   Published 100+ days ago in
Kara Swisher - AllThingsD: Profile, Details
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Apple Sells a Crazy 7 Million iPads During the Holidays For Record Earnings [Apple]






If you were wondering just how huge the iPad was this holiday, the answer is very. Apple sold 7.33 million tablets last quarter on the way to a record profit of $6 billion. And we haven't even mentioned t...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details
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What Future Technology Is Apple Secretly Spending a Lot of Money On? [Apple]


In a long-winded bit about components and the future during Apple's earnings call, Apple COO (and acting head honcho) Tim Cook talked about how, in 2005, they invested a lot in securing agreements and pre-payments for tons of flash memory&m...
0   Published 100+ days ago in
Gizmodo, the Gadget Guide: Profile, Details

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