Netflix beats Q2 earnings expectations, generates $889 million in revenue
Netflix’s (NFLX) stock has taken a beating over the past year — Netflix shares were trading around $80 on Tuesday, down from a 52-week high …
Earnings
AT&T beats estimates with earnings of $0.66 per share in Q2, activates 3.7 million iPhones
AT&T (T) on Tuesday reported its financial results for the second quarter of 2012. Analysts were looking for another big quarter from the nation’s No.2 …
A mobile meltdown in Spain
Last Friday, the world’s largest mobile carrier, Vodafone (VOD), reported disappointing second-quarter numbers. While its own share price decline was a moderate 1.7%, Vodafone’s report pushed …
Nokia surprises: Feature phone volumes grow and smartphone ASP bounces
Nokia’s (NOK) share price rebounded sharply after it announced its second-quarter report on Thursday, bouncing as much as 18% in Helsinki on short-covering. The stock …
Microsoft posts first ever quarterly loss of $0.06 per share on $18.06 billion in sales
Microsoft (MSFT) on Thursday reported its earnings for the fourth fiscal quarter of 2012. The software giant posted its first ever quarterly loss of $0.06 …
Google posts Q2 earnings: Profit of $10.12 per share on $8.42 billion in sales
Google (GOOG) on Thursday reported its earnings for the second quarter of 2012. Wall Street was modeling for earnings of $10.04 per share on $8.43 …
Verizon posts $1.83 billion Q2 profit on $28.6 billion in sales, smartphone penetration hits 50%
Verizon Communications (VZ) on Thursday reported its financial results for the second quarter of 2012. The nation’s top carrier reported earnings of $0.64 per share, …
Nokia loses another $1 billion in Q2, sells 4 million Windows Phones
Nokia (NOK) on Thursday reported earnings for the second quarter, posting a $1 billion loss for the third consecutive quarter — Nokia lost $1.2 billion in …
RIM posts huge Q1 miss: First net loss in 8 years, BlackBerry 10 launch delayed, 5,000 jobs cut
Analysts anticipated another miss ahead of Research In Motion’s first-quarter earnings report on Thursday as sales continue to stall ahead of the struggling smartphone vendor’s …
HP beats the Street in Q2; confirms plans to cut 27,000 jobs as Q3 guidance misses
Hewlett-Packard on Wednesday reported its second-quarter earnings that beat Wall Street’s expectations. Analysts expected the computer giant to report revenue of $29.92 billion and earnings …
Best Buy tops expectations in Q1, online revenue and mobile sales up
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. …
Sony reports record annual loss of $5.7 billion
Sony on Thursday reported a net loss of $3.2 billion in the fourth quarter of 2011 to close its fourth straight year in the red. …
Apple's stock projected to reach $2,000 by the end of 2015
Despite Apple’s recent slide in the market, one analyst believes the company’s consistent earnings will force the stock price up to $2,000 by the end …
HTC One-series launches couldn't stop slide in April
HTC’s new line of One-series smartphones launched on April 2nd in Europe and parts of Asia, but HTC’s performance hasn’t yet caught up to the …
Nokia sued because Windows Phone is failing [updated]
Adding insult to injury is never a concern for the litigious among us, and one man has filed a class action suit against Nokia in New York …
Motorola posts $86 million Q1 loss, tops revenue estimates
Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street’s $3.03 …
Samsung’s Q1 profit balloons 82% on strong smartphone sales
Samsung managed to top its pre-announced earnings when it reported results for the first calendar quarter of 2012 on Friday morning. The company reported a record operating …
Amazon crushes estimates in Q1, posts $130 million profit on $13.18 billion in sales
Amazon on Thursday reported its financial results for the first quarter of 2012. Analysts were looking for a profit of $0.07 per share on $12.86 …
‘Apple fever rocks on’
Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in …
Sprint posts $863 million loss in Q1, adds 263,000 net Sprint subscribers
Sprint posted its first-quarter financial results on Wednesday ahead of the bell. Analysts were anticipating another rough quarter, and Wall Street’s consensus had the nation’s …
Tim Cook: Apple isn’t worried about potential carrier subsidy squeeze
Apple on Tuesday reported a huge quarter, crushing analysts’ estimates for the second fiscal quarter of 2012. During the earnings call that followed the company’s release, Apple …
Apple crushes estimates in Q2, reports profit of $11.6 billion on $39.2 billion in revenue
After a rough month that saw Apple’s stock tumble nearly $90 from a high of $644 earlier this month to as low as $555.18 on …
HTC sees decline continuing in Q2 as Apple, Samsung dominate smartphones
HTC on Tuesday forecast lower revenue for the second quarter this year, trimming its profit margin guidance at the same time. The struggling Taiwan-based vendor …
Apple slides as Wall Street panics over potential iPhone sales miss
Apple’s stock continued to slide on Tuesday morning as some analysts suggest AT&T’s earnings point to a possible rare miss for the Cupertino, California-based company. …
AT&T posts better-than-expected profit in Q1, sells record 5.5 million smartphones
AT&T on Tuesday reported its results for the first quarter of 2012. Following a record holiday quarter that saw the nation’s No.2 carrier pull in $0.42 …
Facebook posts Q1 results: $205 million in profit on $1.06 billion in revenue
Facebook on Monday filed an updated version of its S-1 that included the company’s first-quarter results. The social networking giant saw $1.06 billion in revenue, …
Netflix beats estimates in Q1; posts narrower loss on $870 million in sales
Netflix posted its financial results for the first quarter of 2012 after the bell on Monday. The company reported a loss of $0.08 per share, …
Microsoft posts Q3 beat: Operating income grows to $6.37 billion on $17.41 billion in sales
Following the huge loss reported by major mobile partner Nokia, Microsoft posted its fiscal third-quarter results on Thursday following the close of the market. Wall …
iPhone sales to continue declining until ‘iPhone 5’ launch, Canaccord says
Sales of Apple’s popular iPhone line of smartphones will continue to decline until the next-generation model launches later this year according to one analyst. Mike …
Verizon reports Q1: Earnings up 16%, 734,000 net subscriber additions
Verizon on Wednesday reported earnings for the first quarter that narrowly beat analysts’ expectations. The nation’s top carrier posted a profit of $0.59 per share, …
