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Apple Earnings Released, Revenue $42.1 Billion Apple Earnings Released, Revenue $42.1 Billion

Apple just announced its earnings for its fiscal 2014 Q4. This includes revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. That’s compared to revenue of $37.5 billion and net profit of $7.5 …

Is Google’s Core Business Actually In Trouble? Is Google’s Core Business Actually In Trouble?

Google released its earnings report for the third quarter on Thursday, and while the company managed to post a revenue increase of 20% year-over-year, analysts are concerned by slowing growth in its core ad business, which is how it makes …

Google Earnings Released, Revenue Up 20% Google Earnings Released, Revenue Up 20%

Google just released its earnings for the third quarter with revenue up 20% year-over-year at 16.52 billion. CFO Patrick Pichette said, “Google had another strong performance this quarter, with revenue up 20% year on year, at $16.5 billion. We continue …

eBay Earnings Released, Revenue Up 12% eBay Earnings Released, Revenue Up 12%

eBay released its earnings report for the third quarter with revenue growth of 12%. Payments volume was up 29% while eBay Marketplaces volume growth was 9%. As you probably know, eBay and PayPal are splitting up next year. eBay CEO …

Netflix Releases Earnings, Ends Quarter With 53.1 Million Members Netflix Releases Earnings, Ends Quarter With 53.1 Million Members

Netflix just released its earnings report for the third quarter, and announced that it had 53.1 million global members at the end of Q3. That means they’ve added roughly 3.1 million since last quarter. 37.22 million of its members are …

Cisco Cuts 6,000 Jobs As It Reports Better Than Expected Earnings Cisco Cuts 6,000 Jobs As It Reports Better Than Expected Earnings

Cisco announced on Wednesday that it will cut about 6,000 jobs or 8% of its total workforce. The news came as the company reported its earnings for its fourth quarter and fiscal year 2014, beating Wall Street estimates. Chairman and …

Bob Iger Talks Disney’s Relationship With Netflix Bob Iger Talks Disney’s Relationship With Netflix

Disney posted its fiscal Q3 earnings on Tuesday. The company had a record quarter with earnings per share up 27% from the prior year. CEO Bob Iger said, “Our strategy of building strong brands and franchises continues to create great …

AOL Sees 6th Consecutive Quarter Of Revenue Growth AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60% …

Groupon Earnings Released, Revenue Up 23% Groupon Earnings Released, Revenue Up 23%

Groupon just released its earnings report for the second quarter with gross billings of $1.82 billion and revenue of $751.6 million. The company also reported adjusted EBITDA of $59.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per …

LinkedIn Earnings Released, Revenue Up 47% LinkedIn Earnings Released, Revenue Up 47%

LinkedIn just released its earnings report for the second quarter with revenue of $534 million, up 47% year-over-year. Net loss (attributable to common stockholders) was $1 million, compared to net income of $3.7 million for the same quarter last year. …

Yelp Becomes Profitable For First Time Since Going Public Yelp Becomes Profitable For First Time Since Going Public

Yelp just released its Q2 earnings report with revenue of $88.8 million, up 61% year-over-year. Net income was $2.7 million, or $0.04 per share, compared to a net loss of $(0.9) million, or $(0.01) per share in the same quarter …

Twitter Revenue Up 124%, Monthly Active Users Up 24% Twitter Revenue Up 124%, Monthly Active Users Up 24%

Twitter just released its earnings report for the second quarter. This is the company’s third such report since going public last year. The company beat analysts’ estimates, and stock is quickly taking off. Revenue was was $312 million, up 124% …

SiriusXM Hits Record 26 Million Subscribers As Profit Declines SiriusXM Hits Record 26 Million Subscribers As Profit Declines

Sirius XM released its earnings report for the second quarter. Profit was down 4.4%. While the company managed to add significantly to its revenue and subscriber count, these just weren’t enough to offset operating expenses. These expenses grew by 12% …

Amazon Reports 23% Sales Increase, $126 Million Loss Amazon Reports 23% Sales Increase, $126 Million Loss

Amazon just released its earnings report for the second quarter. Net sales were up 23% year over year at $19.34 billion, which is in tune with analysts’ expectations, though earnings per share were – $0.27, which is a greater loss …

Facebook Stock Opens at All Time High Facebook Stock Opens at All Time High

On the heels of a strong earnings report, Facebook stock soared in after hours trading and has carried that momentum into pre-market trading, hitting an all-time high. Wednesday afternoon, Facebook released its Q2 earnings, reporting revenue of $2.91 billion – …

Facebook Releases Earnings, Revenue Up 61% Facebook Releases Earnings, Revenue Up 61%

Facebook just released its Q2 earnings report with revenue of $2.91 billion, up 61% year-over-year. Revenue from advertising was $2.68 billion, up 67%, with mobile ad revenue representing 62% of all ad revenue. Payments and other fees accounted for $234 …

Apple Earnings Released, Revenue $37.4 Billion Apple Earnings Released, Revenue $37.4 Billion

Apple announced its earnings for its fiscal 2014 Q3 (ended June 28). This includes revenue of $37.4 billion, and net profit of $7.7 billion, or $1.28 per diluted share. These are up from $35.3 billion revenue, net profit of $6.9 …

Microsoft Earnings Released, Revenue $23.38 Billion Microsoft Earnings Released, Revenue $23.38 Billion

Microsoft just released its earnings report for FY14 Q4 with revenue of $23.38 billion, gross margin of $15.79 billion, operating income of $6.48 billion, and diluted EPS of $0.55 per share. CEO Satya Nadella said, “We are galvanized around our …

Netflix Earnings Out As Company Prepares To Expand In Europe Netflix Earnings Out As Company Prepares To Expand In Europe

Netflix just released its earnings report for the second quarter, and announced that it has surpassed 50 million global members. That means they’ve added roughly two million since last quarter. 36 million of them are in the U.S. The company …

Google Penalty Costs eBay Big Time Google Penalty Costs eBay Big Time

Back in May, when Google launched a new version of the Panda update, some quickly noticed that eBay seemed to be taking a hit in the rankings. It turned out that it was apparently at the hands of a manual …

Google Chief Business Officer Nikesh Arora Steps Down, As Company Releases Earnings Report Google Chief Business Officer Nikesh Arora Steps Down, As Company Releases Earnings Report

Google just released its Q2 earnings report, along with news that its Chief Business Officer Nikesh Arora is leaving the company. Arora has been with Google for nearly ten years. He will be joining SoftBank, which happens to be one …