quarterly earnings

Facebook stock hits new low as Zuckerberg loses billions

Facebook stock hits new low as Zuckerberg loses billions

Facebook may have delivered a decent quarterly financial report yesterday, but that apparently did little to quell investor concerns about the company, which only went public earlier this year. Facebook's stock took another tumble today, falling $3.03 to $23.81. That 11.3% decrease in stock price led to Facebook's stock hitting a new all-time low, and it doesn't seem like the stock is going to recover anytime soon.

Continue Reading

Zynga posts $22.8 million loss in Q2 2012 report

Zynga posts $22.8 million loss in Q2 2012 report

Zynga's report for its second quarter has landed, and some things about it aren't looking too hot. The social games giant reported a loss of $22.8 million for the quarter, which is down from the $1.4 million the company made during the same quarter last year. Revenue, on the other hand, was up for the quarter, rising 19% year-over-year to $332 million, so the news isn't all that bad.

Continue Reading

Apple TV sales boom 170% as “the hobby” gets serious

Apple TV sales boom 170% as “the hobby” gets serious

As Apple's Q3 earnings unfold this week it's become clear that the Apple TV is the unsung hero of the day with massive sales compared to this same quarter last year. Apple TV sales have risen 170% over last year at this time, with 1.3 million units being moved here in Apple's fiscal Q3 2012. Apple on the other hand is still calling this product a "hobby" as sales are nowhere near what the iPhone and iPad have racked up for the quarterly report.

Continue Reading

Apple expands on Q3 earnings: App Store, iCloud, and expectations

Apple expands on Q3 earnings: App Store, iCloud, and expectations

This week Apple is letting loose not only details of this most recent financial quarter, but their expectations for the future as well. The crew speaking with investors on their Q3 financial call spoke on iCloud, noting that users of the service now number close to 150 million in all. Speaking on how they're extremely excited about iOS 6, the company's next mobile operating system release, they spoke up on how the current generation of the software has yielded fabulous results for developers, with $5.5 billion dollars paid to App Store developers this past quarter along.

Continue Reading

Apple Q3 income hits $8.8 billion

Apple Q3 income hits $8.8 billion

This financial quarter has been a surprise for Apple in that analysts actually aimed a bit loftier than the company's actual landing point, but that doesn't mean $8.8 billion dollars in net income is anything to scoff at. Apple's sales rose to $35 billion USD this quarter compared to $28.6 billion on year ago at this time as well. Net income at $8.8 billion is just a bit of a bump from $7.3 billion, while profit ended up being $9.32 a share - this joined by Apple's decision to once again offer a dividend to stock holders.

Continue Reading

Apple earnings lead off with 17 million iPads sold

Apple earnings lead off with 17 million iPads sold

Apple unsurprisingly had a pretty excellent third quarter, announcing today that total revenues for the quarter topped $35.0 billion with a net profit of $8.8 billion. Both of those figures are up quite a bit from last year, with Apple reporting a revenue of $28.6 billion and a net profit of $7.3 billion for quarter 3 of 2011. Hardware sales were up for the most part, lending to Apple's increased revenue and net profit from the year before.

Continue Reading

Apple declares new giant stock dividend for Q3

Apple declares new giant stock dividend for Q3

This week Apple's earnings call started off with a bang with great news for investors in the blockbuster company - dividends for all common stock. Apple's Board of Directors declared no less than a dividend of $2.65 USD per share on all of the Company's common stock, payable later this year to all stockholders. This is not the first time Apple has made cash payouts to their loyal stockholders, and we expect that it will not be the last.

Continue Reading

Apple earnings set for this week with blockbuster revenue

Apple earnings set for this week with blockbuster revenue

With Apple's next quarterly earnings report set for tomorrow, analysts across the board are dropping their best guesses on how the hardware giant has done this Spring. It should be obvious that Apple will very likely report record iPad sales, but a resounding "maybe" has been heard in regards to whether or not iPhone sales will have had the same effect they did the quarter before this one. With the next generation iPhone sitting in a very possible late 2012 launch period, users may very well be waiting it out rather than picking up the most recent generation.

Continue Reading

Google Q2 2012: “mobile is where search was in 1999″

Google Q2 2012: “mobile is where search was in 1999″

During Google's quarterly earnings call this week for their financial second quarter, the company's Senior Vice President and Chief Business Officer Nikesh Arora spoke up on how big the mobile environment is in 2012. Responding to a question on mobile advertising trends and their very near future, Arora noted that Google has been seeing no less than "phenomenal" growth in both the tablet and the smartphone space for advertising and beyond. He also noted that in terms of accelerating their plans for working with users for content acquisition on mobile device, they've made "tremendous" headway with the Nexus 7.

Continue Reading

Microsoft shows first public loss ever in financial Q4 2012

Microsoft shows first public loss ever in financial Q4 2012

It's a bittersweet day for Microsoft as their financial fourth quarter is being announced today as having both a $192 million dollar operating income before taxes and a loss of $492 million after a company writedown. This writedown is being attributed to a failed investment in the advertisement company aQuantive, purchased by Microsoft in 2007 and since eclipsed by the likes of Google's adsense online. For the first time ever in its history as a public company, Microsoft is reporting a loss per share.

Continue Reading