John Paczkowski

Recent Posts by John Paczkowski

Amazon Beats Street; Street Beats Amazon

Odd that the 16 percent gain in third-quarter earnings Amazon reported Thursday afternoon would have a deleterious affect on the company’s share price, which had spiked more than 35 percent since last quarter, but that’s exactly what happened.

The retail behemoth’s stock price slipped some 3 percent after hours, evidently because of a disappointing forecast for fourth quarter operating margin. Amazon expects it to be between 3 percent and 4.2 percent. Wall Street had been hoping for 5 percent. And the difference between those two outlooks seems to have overshadowed the 51 cents a share on revenue of $7.56 billion that Amazon reported, which handily exceeded the 48 cents a share on revenue of $7.37 billion analysts had been looking for.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus