EBay first-quarter profit rises 20 percent
(AP) -- EBay Inc. on Wednesday said its first-quarter profit rose 20 percent on reinvigorated auctions activity and continued swift growth at its PayPal payment service.
View ArticleBlackBerry maker slashes short-term sales forecast
(AP) -- Research In Motion Ltd., the maker of the BlackBerry, on Thursday cut its sales and earnings forecasts for the current quarter, saying it's shipping fewer and cheaper phones than it had expected.
View ArticleCisco to cut costs and jobs as profits stall
(AP) -- Cisco Systems Inc., the world's largest maker of computer networking gear, said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.
View ArticleApple results strong; record iPhone, iPad sales (Update)
The iPhone is conquering Asia, the home of its strongest competitors. Sales there nearly quadrupled from a year ago and helped Apple Inc. trump analyst expectations for yet another quarter.
View ArticleIntel, Qualcomm show changing face of computing (Update)
(AP) -- The changing face of the computer industry was on display Wednesday as two companies representing the old guard and the new issued strong results for the latest quarter.
View ArticleEBay profit falls on charges, results beat Street
EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of...
View ArticleNY Times Co. posts 2Q loss weighed by writedown
(AP) -- The New York Times Co. reported a second-quarter net loss Thursday because of an accounting adjustment it made for the declining value of its smaller newspapers. But early results from its...
View ArticleAmazon 2Q profit falls but results beat Street
(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.
View ArticleIn rare miss, Apple 4Q earnings disappoint (Update)
Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales.
View ArticleEBay holiday forecast disappoints investors
(AP) -- EBay left investors unimpressed with its predictions for the holiday season even as its namesake site and PayPal online payment service showed healthy growth in the latest quarter.
View ArticleApple loses round in Wall St.'s expectations game
Call it the curse of great expectations. Apple did just about everything right in its latest quarter. The company increased its profit by more than 50 percent and boosted revenue by nearly 40 percent...
View ArticleAmazon 3Q net income sinks, missing analyst views
(AP) -- Amazon's spending on expansion will eventually help its bottom line, but right now it's costing the online retailer on Wall Street.
View ArticleWebMD CEO Gattinella resigns
(AP) -- WebMD Health Corp. shares plunged Tuesday morning after the healthcare information website said CEO Wayne T. Gattinella has resigned, and it expects earnings to drop this year.
View ArticleIntel 1Q earnings fall 13 percent, revenue steady
(AP) -- First-quarter earnings at Intel Corp. fell 13 percent as spending on research and marketing rose while revenue was flat, the world's largest chipmaker said Tuesday.
View ArticleApple trumps expectations, sells 35M iPhones in 2Q
(AP) -- Apple Inc., the world's most valuable company, trumped skeptics once again by reporting blowout iPhone sales.
View ArticleSprint loss widens on Nextel, iPhone lifts sales
(AP) -- The impending shutdown of the Nextel network doubled Sprint Nextel Corp.'s loss in the first quarter, it said Wednesday, as it wrote down the value of the network and subscribers kept leaving it.
View ArticleClearwire 1Q revenue drops from 4Q on Sprint deal
(AP) -- Clearwire Corp., which runs a wireless data network, on Thursday reported its first drop in quarter-over-quarter revenue, as a new deal with major customer Sprint Nextel Corp. kicked in.
View ArticleNews Corp shares rise on doubled share buyback
(AP) -- Shares in Rupert Murdoch's News Corp. rose Thursday after the company posted upbeat quarterly results and doubled its commitment to buying back shares.
View ArticleHow consumer-electronics makers are faring
A look at how selected makers of phones and other consumer-electronic gadgets are faring.
View ArticleYahoo! profit dips, but stays ahead of forecasts (Update 2)
Yahoo! said Tuesday its profit in the past quarter fell modestly in results reflecting upheaval at the struggling Internet pioneer, which named a new top executive this week.
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