Microsoft Earnings Better Than Expected As Nokia, Restructuring Impact Numbers

Microsoft just released its quarterly earnings report with revenue at $22.2 billion. Wall Street estimates were more like $22.04 billion. The company exceeded expectations on earnings per share at $0.62 cents (compared to the expected $0.58). Microsoft’s report was substantially…

Apple Disappoints On iPhone Sales

Apple just released its quarterly earnings report. The company surpassed Wall Street estimates on revenue and earnings per share, but iPhone sales were not on par with expectations. iPad sales were also down 18%. The company sold 47.5 million iPhones…

Yahoo Revenue Better Than Expected, Earnings Not Quite

Yahoo just released its earnings report for the second quarter with revenue up 15% year-over-year. The company reported a net loss of $21.6 million. Revenue after costs paid to partners was pretty much flat. Gross search revenue was also up…

Google Posts 11% Revenue Increase At $17.7B

Google just reported its Q2 financial results, with revenue up 11% year-over-year at $17.7 billion. “Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as YouTube…

iPhone, Mac & App Store Give Apple Another Big Quarter

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…

Yelp Grew Local Advertising Accounts 48% Over 2014

Yelp just released its earnings report for the fourth quarter and full year 2014. Net revenue for the quarter grew 56% year-over-year as the company grew local advertising accounts by 48% to approximately 84,000. To be clear, Yelp considers local…

Netflix To Offer $1 Billion In Senior Notes As It Continues Content Expansion

Netflix just announced that it will offer a billion dollars in senior notes through an offering to qualified institutional buyers. Proceeds will be used for content acquisition, among other things. “The interest rate, redemption provisions, maturity date and other terms…

Facebook Grew Mobile Daily Active Users By 34% Over The Past Year

Facebook just released its earnings report for the fourth quarter and full year. It posted a 58% increase in yearly revenue, and a 49% increase for the quarter. “We got a lot done in 2014. Our community continues to grow…

Yahoo Really Wants That Apple Deal

Yahoo made some big waves in late 2014 when it partnered with Mozilla to replace Google as the default search experience in Firefox. Apple’s similar deal with Google is near its expiration, and Yahoo CEO Marissa Mayer seems really interested…

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…