For the first time in two years, Apple has seen an increase in sales of its Mac computers. Not just an increase; a nearly 20 percent jump over a year ago. That's... kind of nuts?
If you already feel a little hard done by when it comes to your pay check, brace yourself. Bloomberg reports that four of the five best-paid executives across the whole of the US are employed by Apple—and just wait until you hear how much they earn.
For once, Nokia's earnings report isn't the kind of thing which makes investors weep like small children. In the fourth quarter of 2012 the Finns became successful once more—netting a $585 million profit.
With $2.7 billion of revenue and a loss of .22 dollars per share, RIM did slightly less bad than expected. Yay, RIM!
All is not well at Meg Whitman's HP, we learned during the company's fourth-quarter earnings call this morning. HP just recorded a $9 billion devaluation of its assets stemming from serious accounting tomfoolery at a company that HP bought for $11 billion last year. Ouch.
According to an international financial statement filed by Apple, the company manages to pay just 1.9 percent income tax on its foreign earnings, meaning it pays a mere $713 million in tax on earnings of $36.8 billion.
In the second quarter of 2012, Samsung sold 50.5 million smartphones—twice as many as Apple—which sees the company extend its sales lead ahead of the iPhone.
Microsoft just posted its fourth quarter results, and for the first time since the tech giant was founded, it lost money. But this isn't necessarly all doom and gloom the beginning of the end—not yet anyway.
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 of its workforce.
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 announced its earnings for the fourth quarter of 2011 and things are looking good.
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 revenue in a single three-month period.
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, while Microsoft glazed over Bing and Windows Phone. Business as usual!
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.
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 profit, and the continued good health of Cupertino 401ks.
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 that is through 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 written about Google earnings for the last ten years.
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 managed to ship only 200,000 PlayBooks.
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 popping bottles right now—except Online. Bummer, Bing.