market close

RIM Stumbles

John Paczkowski in Mobile on March 31, 2010 at 1:45 pm PT

Research in Motion’s struggle to remain relevant in the market it helped create is going better than expected, though there’s certainly room for improvement. Reporting fourth-quarter earnings today, the company said it beat estimates for new subscribers, but missed earnings per share estimates by a penny.

Not Bad, Sirius. Not Bad.

John Paczkowski in News on January 20, 2010 at 2:00 am PT

The winter holidays were particularly kind to Sirius XM. Consider this: For the satellite radio company’s current quarter, RBC Capital Markets expected Sirius to add 49,000 new subscribers. At the time it was issued, that projection was described as “cautiously optimistic.” And it was…far too cautious. Because after market close Tuesday, Sirius said it added 257,028 net new subscribers in the fourth quarter.

Adobe Sees Demand Improving

John Paczkowski in News on December 15, 2009 at 2:54 pm PT

Though it posted lower quarterly profit and sales for its fourth quarter, Adobe still managed to beat analysts’ projections. Reporting earnings after market close Tuesday, the software company posted a net loss of $32.04 million, or six cents a share, on revenue of $757.3 million.

Netflix Investors Inexplicably Emptying Their Queues

John Paczkowski in News on October 22, 2009 at 4:05 pm PT

Evidently, Netflix is as recession-proof as Hollywood. Reporting third-quarter earnings after market close Thursday, the DVD-by-mail pioneer posted net income of $30.1 million, up 48 percent from a year earlier, on revenue of $423.1 million. That’s 52 cents a share. Analysts had been expecting 46 cents a share on $419.9 million in sales. Why, then, are investors punishing the company in after-hours trading?

Apple’s Insanely Great Quarter: 3.05  Million Macs, 7.4 million iPhones Sold

John Paczkowski in News on October 19, 2009 at 1:37 pm PT

Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public appearance of CEO Steve Jobs, who’d been on a medical leave of absence for a liver transplant. It was also the first full period since the company launched the iPhone 3GS in late June. No wonder it was a blowout quarter.

What Was It Oracle Wants With Sun, Again? Redux.

John Paczkowski in News on September 16, 2009 at 9:32 am PT

Oracle’s pending acquisition of Sun will undoubtedly be the subject of much discussion this afternoon when the database behemoth reports fiscal first-quarter earnings after the market close. Indeed, there’s quite a bit of jawing about it already, particularly about Oracle’s continued commitment to the deal in light of the ugly decline in Sun’s revenues and profitability since it was announced in April.

Microsoft Disappoints…Big Time

John Paczkowski in News on July 23, 2009 at 1:18 pm PT

Good thing Wall Street wasn’t expecting much from Microsoft. Because it didn’t get it. After market close Thursday, the Redmond, Wash-based tech giant reported that fiscal fourth-quarter net income fell to $3.05 billion, or 34 cents a share, from $4.3 billion, or 46 cents a share, in the same period a year earlier. Revenue for the period ended in June fell 17 percent to $13.1 billion. Microsoft missed Wall Street revenue estimates by $1 billion. Gruesome.

Intel Blows Doors Off Estimates

John Paczkowski in News on July 14, 2009 at 1:33 pm PT

If Intel’s latest earnings are truly an indication of how the tech industry is holding up in the econalypse, then the tech industry isn’t doing too badly (though, obviously, it has seen better days). After market close Tuesday, the chip behemoth posted second-quarter results far in excess of expectations.