The Meg Whitman Era at HP Begins With a Conference Call (Audio)

Hewlett-Packard’s new director and new executive chairman faced the public for the first time on a conference call with analysts. Hear some highlights.
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Apple to Investors: You’re Welcome

Apple’s first quarter was a blowout, as was the one before it. So too is the company’s latest. Reporting second-quarter earnings after the bell Tuesday, Apple rolled out the big numbers once again. The company posted a profit of $3.07 billion on revenue that rose 49 percent to $13.5 billion.

Wall Street to Google: We’re Ready for Go-Go Growth Again

We already know that online ad spending is back. Today we’ll get a better sense of where it’s going, via Google’s Q1 earnings release. Wall Street wants to see revenue increase more than 20 percent and earnings per share climb by nearly 30 percent.

Oracle: Sun Integration Going “Better Than Expected”

Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic update on its ingestion of the former Silicon Valley icon. “The Sun integration is going even better than we expected,” said Oracle President Safra Catz.

Initial iPad Demand Greater Than Initial iPhone Demand

Given the years of speculation and hype that led up to its announcement, it’s not at all surprising that there is significant pent-up demand for Apple’s iPad. But that it exceeds demand estimates for the original iPhone, as a new survey from RBC/ChangeWave suggests, is a bit unexpected. The iPad is, after all, an entirely new device category between the laptop computer and the smartphone.

Microsoft Revenue Up 14 Percent in Second Quarter

Reporting second-quarter earnings in January 2009, Microsoft–beaten down by the worst PC market in several years–announced the first mass layoffs in the its 35-year history. Ugly times. But what a difference a year makes. Microsoft just reported earnings for its second fiscal quarter, posting significant gains in sales and profits.

AT&T Activates 3.1 Million iPhones in Q4

Widespread criticism of AT&T’s network performance hasn’t had much impact on the company’s financials. Reporting fourth-quarter earnings this morning, the carrier posted a 26 percent increase in profit, fueled by solid growth from the wireless business for which it is so often lambasted. What’s more, AT&T said it activated 3.1 million additional iPhones, the device believed responsible for many of its network woes.

BusinessWeek Gives McGraw-Hill a (Small) Going Away Present

Can’t really say that BusinessWeek’s 80-year run at McGraw-Hill ended on an up note, since the publisher sold the magazine for a fire-sale price. But at least that price was a little bit more than McGraw-Hill expected.

Apple’s Tablet: A $2.8 Billion Business?

We’re still a few days away from the presumed unveiling of Apple’s mythical tablet computer and already, analysts are trying to divine the impact the new device will have on the company’s bottom line. RBC Capital Markets analyst Mike Abramsky expects Apple to sell five million tablets in the product’s first year at market.
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Google CEO Eric Schmidt: “I Have a Special Spot for Apple in My Heart”

Eric Schmidt’s tender feelings for Apple won’t stop Google from competing directly with Apple’s iPhone: The company spent much of the time on its Q4 earnings call discussing its large mobile ambitions–without talking about specifics, of course. Meanwhile, the search giant posted a big jump in quarterly revenue. But not enough for twitchy investors, who are pushing shares down in after-hours trading.
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