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iPhone, Mac & App Store Give Apple Another Big Quarter

iPhone, Mac & App Store Give Apple Another Big Quarter

By Chris Crum April 27, 2015

Apple released its financial results for its fiscal 2015 second quarter ended March 28. Thanks to strong performance by its iPhone, Mac and App Store businesses, the company posted 27% revenue growth and 40% EPS growth, setting records for the …

Apple Pay Headed To UK Banks, NYC Parking Tickets Apple Pay Headed To UK Banks, NYC Parking Tickets

Apple is just getting started with its payments product Apple Pay. It’s looking like 2015 is going to be a big year for it as more and more institutions and businesses adopt it. We already learned that Chevron, which already …

Netflix Earnings To Be Reported Next Month Netflix Earnings To Be Reported Next Month

Netflix announced the date of its next earnings call. The company will report its fourth-quarter 2014 financial results and business outlook on Tuesday, January 20 at 1:05 p.m. Pacific Time Netflix will keep in line with its previous style of …

News Corp. Acquires Financial Site BigDecisions News Corp. Acquires Financial Site BigDecisions

News Corp. announced that it Indian financial site BigDecisions.com. It’s described as a web startup that helps consumers make financial decisions. More specifically, BigDecisions aims to help Indian consumers make smarter financial decisions using data and algorithm-based tools. “Our latest …

Cisco Earnings Released, CFO Out Cisco Earnings Released, CFO Out

Cisco just reported its Q1 earnings for the quarter ended October 25. In a return to growth, the company reported its strongest Q1 revenue ever at $12.2 billion, which is up 1% year-over-year. Earnings per share were $0.35 GAAP and …

Groupon Earnings Released, Revenue Up 27% Groupon Earnings Released, Revenue Up 27%

Groupon just released its earnings for the third quarter with revenue up 27% year-over-year at $757.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per share of $0.03. The company beat Wall Street expectations. “We had another record …

Facebook Releases Earnings, Revenue Up 59% Facebook Releases Earnings, Revenue Up 59%

Facebook just released its Q3 earnings report with revenue of $3.2 billion, up 59% year-over-year. Revenue from advertising was $2.96 billion (up 64%) while mobile ad revenue represented 66% of that. Revenue from payments and other fees was $246 million, …

Amazon Reports 20% Sales Increase, $544 Million Loss Amazon Reports 20% Sales Increase, $544 Million Loss

Amazon just released its earnings report for the third quarter. Net sales were up 20% year-over-year at $20.58 Billion, which is a bit under analysts’ expectations. Earnings per share came in at – $0.95, which is significantly less than expected. …

Microsoft Earnings Released With Record Revenue For The Quarter Microsoft Earnings Released With Record Revenue For The Quarter

Microsoft just released its earnings for its Fiscal Year 2015 Q1, posting record first-quarter revenue thanks to its cloud and hardware offerings. The company managed to beat Wall Street expectations with EPS at $0.54 and revenue at $23.2 billion, down …

Yahoo Earnings Released, Revenue $1.09 Billion Yahoo Earnings Released, Revenue $1.09 Billion

Yahoo just released its earnings report for the third quarter. Revenue was $1.09 billion with earnings per share at $0.52. The company’s results were well above Wall Street expectations. “We had a good, solid third quarter. We delivered $1.094 billion …

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 …

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 …

Square Partners With Victory Park Capital To Front Businesses More Money Square Partners With Victory Park Capital To Front Businesses More Money

Square announced on Tuesday that it is working with Victory Park Capital to extend hundreds of millions of dolalrs to independent businesses as part of its Square Capital program. Square began testing the cash advance program early this year before …

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 …

Was Yelp Misleading About Its Reviews? Was Yelp Misleading About Its Reviews?

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while …

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 …