the Street

Yahoo's Fourth Quarter "Encouraging," Says CEO; Street Says "Eh"

John Paczkowski in News on January 25, 2011 at 1:08 pm PT

Investors hoping Yahoo might benefit from the same surge in online display advertising spending that drove Google to its recent big quarter are in luck–except for the big-quarter part: Posting fourth-quarter earnings today after sacking one percent of its staff, the company reported net income of 24 cents per share on revenue of $1.21 billion.

Record Earnings for Dell

John Paczkowski in News on November 18, 2010 at 1:17 pm PT

Looks like Dell has managed to avoid at least some of the market “air pockets” responsible for Cisco’s weaker-than-expected outlook last week. Posting third-quarter earnings after market close Thursday, the company reported earnings that blew the doors off the Street’s expectations, though sales fell a bit short of them.

A Top- and Bottom-Line Beat for Verizon

John Paczkowski in News on October 22, 2010 at 7:37 am PT

Verizon reported better-than-expected earnings for its third quarter this morning–56 cents a share on revenue of $26.5 billion to the 54 cents a share on revenue of $26.4 billion analysts had been expecting. But while it beat revenue and earnings targets, its wireless subscriber growth fell short of forecasts.

Apple Beats Earnings Estimates, but Low on Guidance, iPad Sales

Peter Kafka in Media on October 18, 2010 at 1:37 pm PT

First hit from Apple earnings: EPS of $4.64 and revenues of $20.34 billion. The consensus was $4.05 and $18.8 billion. The Street won’t like guidance, though: Apple is predicting Q1 EPS of $4.80, below the $5.04 analysts were looking for. They will also sputter a bit on this number: Apple sold 4.19 million iPads, and the consensus was 4.7 million. The good news: Apple sold a lot of iPhones–14.1 million.

Another Blowout Quarter for Apple

John Paczkowski in Mobile on January 25, 2010 at 1:35 pm PT

A subscriber to the underpromise-and-overdeliver school of guidance theory, Apple is reknowned for issuing almost comically conservative revenue outlooks and then exceeding them. And this quarter was no different. Reporting earnings after the bell Monday, Apple posted a fiscal first-quarter profit of $3.38 billion on revenue that rose 32 percent to $15.68 billion.

Worldwide Demand for iPhone 3GS Outstripping Supply

John Paczkowski in News on October 15, 2009 at 9:43 am PT

Demand exceeding supply for the Apple iPhone 3GS is one of the big takeaways from Piper Jaffray analyst Gene Munster’s earnings preview for Apple’s September quarter and it obviously bodes well for the company’s investors. Munster sees Apple beating the Street’s estimates thanks to increased Mac and iPhone sales.

NPD: Mac Sales Up Seven Percent, iPod Sales Down 16 Percent

John Paczkowski in News on September 14, 2009 at 1:15 pm PT

Apple’s September quarter is shaping up to be a good one, if the latest metrics from NPD as reported by Piper Jaffray analyst Gene Munster are any indication. According to the research outfit, Mac sales for July and August are up seven percent year-over-year.