expenditures

Apple Has $51 Billion and a Shopping List. Is Facebook on It?

Peter Kafka in Media on October 18, 2010 at 3:58 pm PT

Steve Jobs told analysts that he’s hanging on to his giant cash hoard for a rainy day–and a couple specific things he’d like to buy. Perhaps he’s discussed this with Mark Zuckerberg…

Google's Victory Dance: Check Out Our Go-Go Numbers!

Peter Kafka in Media on October 14, 2010 at 3:45 pm PT

After showing off financial numbers that blew away Wall Street’s earnings estimates, what could Google do for an encore? Trot out even more numbers, via a tantalizing but not-that-revealing striptease.

Google’s Revenue Slumps, but Cost-Cutting Pays Off

Peter Kafka in Media on April 16, 2009 at 1:19 pm PT

As predicted, Google saw its revenue decline from the last quarter of 2008 to the first three months of this year. The search giant said it generated net revenue of $4.07 billion, which is down from the 4.22 billion Google notched in the previous quarter, and it’s a tad shy of the $4.08 billion consensus. But investors are going to be pleased with the non-GAAP earnings number: $5.16 share, up from $5.10 per share in the previous quarter and way, way above the $4.90 per share consensus. Bottom line: Google has cut back on its expenditures and that’s boosted profits.

Hey There! RITreasury is Using Twitter!

John Paczkowski in News on April 7, 2009 at 3:00 am PT

Twitter accounts are like… opinions: Everyone’s got one. Even Rhode Island’s Office of the General Treasurer, which recently announced plans to Twitter its way through the state’s fiscal crisis.