Demand Media About Latest Google Algo Impact: Move on, Nothing to See Here

Tonight, Demand Media–in reaction to a new study showing that its flagship eHow site had now gotten much more negatively impacted by Google’s rejiggering of its search algorithm than previously–released a statement and blog post about the tempest. The content maker’s unsurprising verdict on itself: We’re okay, thanks for asking!

Apple's App Downloads Are Booming. Apple's App Revenues Are…

Apple’s app downloads grew by 233 percent in the last year. But you won’t see that growth reflected in Apple’s iTunes revenue.

A $2 Billion Beat for Apple?

Apple will post results for its first fiscal quarter after the closing bell today, and like most of its financial reports in recent memory, they are expected to be quite strong. Wall Street analysts, on average, expect Apple to post earnings of $5.38 per share, up from $3.67 per share in the same period last year. Revenue is expected to be up 55 percent at $24.3 billion.

PC Sales Weakened in Q4–Everyone Blame the iPad

PC sales were weaker than expected in the fourth quarter. Might it have a little something do with the iPad? Yes.

Analyst: Apple Aims to Sell 100 Million iPhones in 2011

If Apple’s 2011 plays out the way Wedge Partners analyst Brian Blair figures, investors are going to need some new superlatives with which to describe its performance. In a rapturous note to clients Tuesday, Blair offered some numbers on Apple sure to drop investors’ jaws and set them to salivating at the same time.

Insanely Great: Apple Shares Top $300

Steve Jobs is smiling into his corn flakes this morning. Apple’s stock rose above $300 per share today for the first time in the company’s history.

News Byte

Ballmer's Bonus: Half Cash, Half Surplus Kins

Microsoft may have generated record sales in the fiscal year that ended in June, but it was a stretch during which consumer tech interest centered on mobile devices and tablets, and missteps in both those areas cost CEO Steve Ballmer half his maximum bonus. After the ill-fated venture that was the Kin phone and the slow response to Apple’s iPad juggernaut, Ballmer will collect only $670,000 in extra cash, according to an annual company filing. The bonus brought Ballmer’s total pay package to $1.34 million–up about six percent from the previous year.

News Byte

HP on CEO Search: Hey, Check Out Our New Guidance

Hewlett-Packard kicked off its analyst day Tuesday not with a CEO announcement, but with a more upbeat financial forecast. For fiscal 2011, HP expects earnings between $5.05 and $5.15 a share on revenue of $131.5 billion to $133.5 billion. Wall Street had been looking for $4.99 a share on revenue of $131.4 billion. Great news for the company, which is clearly soldiering on despite its current leadership vacuum. That said, the big question today was not about financial outlook, but rather who will succeed ousted CEO Mark Hurd. And to that, HP doesn’t yet have an answer.

iPad Expectations “Over-Zealous” or Just Zealous?

The iPad’s debut this Saturday will be a milestone for Apple, but it’s not going to do much to change the company’s overall financial picture anytime soon. That’s the word from Bernstein analyst Toni Sacconaghi, who worries that investors drunk on Apple’s “magical and revolutionary” Kool-Aid might have overzealous expectations for the tablet.

HP Beats Estimates, Raises Outlook

“Hewlett-Packard is our favorite name for this next batch of earnings reports,” Credit Suisse analyst Bill Shope wrote in a research note published last week. Today we found out why. After market close, the tech bellwether posted financials that exceeded analysts’ estimates.

Another Blowout Quarter for Apple

BlackBerry Cobbler, Anyone?

App Store: 1.5 Billion Served

Sun Earnings to Scare Moss Off Rock

Fairchild's Year Without a Santa Claus

Fairchild’s Year Without a Santa Claus

Palm in Need of a Handout