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Amazon Net Income Down 45% Year-Over-Year Amazon Net Income Down 45% Year-Over-Year

Amazon announced its Q4 earnings today, which included a 22% increase in net sales, but a 45% decrease in net income, year-over-year for the quarter. The company’s numbers disappointed Wall Street analysts. CEO Jeff Bezos said, “We’re now seeing the …

Intel Is Getting Out Of The Motherboard Business Intel Is Getting Out Of The Motherboard Business
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According to multiple reports, Intel is exiting its desktop motherboards business after about two decades of making them. According to PCWorld, who spoke with the company, Intel will pull out as soon as its next-generation Haswell CPU ships, and will …

IBM Earnings: IBM Posts $29.3 Billion In Revenue IBM Earnings: IBM Posts $29.3 Billion In Revenue

IBM released its Q4 and full-year earnings report today, posting $29.3 billion in revenue (down 1%, flat adjusting for currency, up 1% excluding divested RSS business adjusting for currency) for the quarter, and $104.5 billion for the year (down 2%, …

Google Earnings: Google Posts 36% Revenue Increase YoY Google Earnings: Google Posts 36% Revenue Increase YoY
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Google just released its earnings for the quarter and year ended December 31, beating analysts’ expectations. The company posted consolidated revenues of $14.42 billion for the quarter. Consolidated revenues would have been $15.24 billion had Motorola Home been included, the …

eBay Earnings: Revenue Up 18% In Q4, 21% For The Year eBay Earnings: Revenue Up 18% In Q4, 21% For The Year

eBay just reported its earnings for Q4, with an 18% year-over-year increase in revenue, hitting $4 billion for the quarter. For the full year, eBay’s revenue increased 21% to $14.1 billion. CEO Joe Donahoe said, “We had a great finish …

Amazon Record High Attributed To Morgan Stanley Comments Amazon Record High Attributed To Morgan Stanley Comments
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Amazon stock hit a record high on Monday, reaching as high as $269.30 at one point. Bloomberg attributes the spike to statements made by Morgan Stanely, who said the company’s network of distribution centers will help it gain marketshare as …

Apple’s “Insane” Sell-Off Over, Stock Back On The Rise [AAPL] Apple’s “Insane” Sell-Off Over, Stock Back On The Rise [AAPL]
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Apple shares jumped over 7% on Monday as an eight-week sell-off has ended. The Associated Press cites one analyst, Brian White from Topeka Capital, as calling the sell-off “insanely insane”. Shares reached their highest point when the iPhone 5 was …

Groupon Posts $3 Million Net Loss, Misses On Revenue Groupon Posts $3 Million Net Loss, Misses On Revenue

Groupon announced its third quarter results today, falling short of Wall Street forecasts. The results include consolidated revenue up 32% year-over-year at $568.6 million, which was still short of expectations. Operating income was $25.4 million, up from an operating loss …

This Google Panda “Victim” Just Posted Record Revenue And Profitability This Google Panda “Victim” Just Posted Record Revenue And Profitability
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The Google Panda update, originally unleashed in early 2011, continues to take its toll on the Internet, for better or for worse (most would probably say better). While there are frequently rumors about new updates or refreshes to Panda, the …

AOL Posts Best Revenue Growth In Seven Years (YoY) AOL Posts Best Revenue Growth In Seven Years (YoY)

AOL released its Q3 earnings report this morning. The company reported 7% global advertising revenue growth, its best year-over-year revenue performance in over seven years. Furthermore, the company reported 8% search and contextual revenue growth, representing the first growth quarter …

Google Reportedly Facing $1.3 Billion Tax Bill In France Google Reportedly Facing $1.3 Billion Tax Bill In France
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In addition to publisher-related issues Google is facing in France, it is also having some tax related issues. Tax related issues that could amount to about $1.3 billion. Direction générale des finances (essentially the French IRS) may order Google France …

Apple Stock Is A Lot Lower Than It Was Last Month [AAPL] Apple Stock Is A Lot Lower Than It Was Last Month [AAPL]

It wasn’t all that long ago that we were reporting that Apple stock had hit an all-time high. When the company launched the iPhone 5, shares skyrocketed, sending them over $700. Now, shares are a bit closer to Earth at …

AAPL Drops After Earnings Release, Ticks Upward In Pre-Market Trading AAPL Drops After Earnings Release, Ticks Upward In Pre-Market Trading

Apple shares fell a bit after the company released its Q4 earnings and held its conference call. While there were some ups and downs to the report, the biggest concern from investors appears to be disappointing iPad sales, though the …

Facebook Stock Dips A Bit After Big Post-Earnings Release Boost Facebook Stock Dips A Bit After Big Post-Earnings Release Boost
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Facebook saw its biggest jump since May (when the company launched its IPO) on Wednesday, following the release of its earnings report, and the company’s comments about monetization on Tuesday. Facebook emphasized how big mobile is, and how it’s likely …

Facebook Now Has 1.01 Billion Active Users, Brought In $1.26 Billion In Q3 Revenue Facebook Now Has 1.01 Billion Active Users, Brought In $1.26 Billion In Q3 Revenue

Facebook posted its Q3 earnings on Tuesday, beating analysts’ expectations with $1.26 billion in revenue. CEO Mark Zuckerberg said, “As proud as I am that a billion people use Facebook each month, I’m also really happy that over 600 million …

Yahoo Earnings Released: Mayer’s First Quarter Yahoo Earnings Released: Mayer’s First Quarter

Yahoo released its first earnings report under CEO Marissa Mayer today, and the results were better than expected, beating Wall Street predictions. Mayer said this of the report: “Yahoo! had a solid third quarter, and we are encouraged by the …

Ancestry.com Sold To Private Equity Firm For $1.6 Billion Ancestry.com Sold To Private Equity Firm For $1.6 Billion
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Online genealogy site Ancestry.com has agreed to be purchased by European private equity firm Permira for $1.6 billion ($32.00 per share). Ancestry.com President and CEO Tim Sullivan and CFO and COO Howard Hochhauser will maintain a majority of their equity …

Microsoft Earnings Released, Company Posts $16.01 Billion In Revenue Microsoft Earnings Released, Company Posts $16.01 Billion In Revenue

Microsoft managed to release its FY13 Q1 earnings report today without all the craziness that accompanied Google’s. Revenue was $16.01 billion for the quarter. Operating income, net income, and diluted earnings per share for the quarter were $5.31 billion, $4.47 …

Google Earnings Report Accidentally Released, Shares Tumble Google Earnings Report Accidentally Released, Shares Tumble

Google accidentally leaked its Q3 earnings today, ahead of schedule. The company missed analysts’ estimates, and as a result, shares are tumbling. As of the time of this writing they’re at $687.39 (-68.10‎, -9.01%). The earnings release is currently displayed …

eBay Reports Q3 Earnings: Revenue Up 15% YoY eBay Reports Q3 Earnings: Revenue Up 15% YoY

eBay reported its Q3 earnings on Wednesday. The financials come a week after the company launched a big redesign to its flagship site. The company posted revenue of $3.4 billion for the quarter, up 15% year-over-year. Net income on a …

iPhone 5 Initial Sales Will Be Included In Apple’s Q4 Earnings Release iPhone 5 Initial Sales Will Be Included In Apple’s Q4 Earnings Release

Apple will release its Q4 FY12 earnings release on October 25, when the company will hold a conference call to discuss the financial results of its fourth fiscal quarter. It falls on a Thursday, and the call will take place …