Kara Swisher in Media on November 7, 2011 at 1:43 pm PT
The online social content company did better than expected in the recent quarter, but it still has to prove its model has more lucrative legs.
Kara Swisher in Media on November 7, 2011 at 6:13 am PT
With its stock reeling and some traffic issues, it’s been a tough quarter for the social content company.
Kara Swisher in News on September 16, 2011 at 2:31 pm PT
So why was the ousted CEO of Yahoo shown the door so abruptly? Because it is Yahoo, which never met a crisis situation it could not hopelessly complexify.
Kara Swisher in News on August 19, 2011 at 10:40 am PT
In the 24 hours since Hewlett-Packard announced it was cutting production of its high-profile webOS devices and might spin off its huge consumer PC business, stock of the tech giant has plummeted 20 percent.
Kara Swisher in News on April 28, 2011 at 2:48 pm PT
You’d think there would be a party in Redmond, Wash. today, as software giant Microsoft soundly beat Wall Street expectations in its third-quarter earnings released today.
But there are shadows too, as results were dragged down by weaker revenues for its flagship Windows unit.
The report comes as Microsoft’s stock continues to lag, declining 14 percent for the year.
Buzz kill!
Kara Swisher in News on April 28, 2011 at 1:13 pm PT
Software giant Microsoft soundly beat Wall Street expectations in its third-quarter earnings released after the markets closed today.
Microsoft said it had revenue of $16.43 billion for the quarter ended Mar. 31, 2011, which was up 13 percent from a year ago. Net income was $5.23 billion, or 61 cents per share, a rise of 36 percent.
Tricia Duryee in Commerce on February 8, 2011 at 1:32 pm PT
Strong holiday sales enabled Take-Two Interactive to deliver better-than-expected revenues in the third quarter and turn a profit for the nine-month period after reporting losses a year earlier.
News Byte
Tricia Duryee in Commerce on February 2, 2011 at 3:37 pm PT
THQ
reported third-quarter earnings today, exceeding internal guidance because of strong sales of its own uDraw GameTablet, a $70 art accessory for the Nintendo Wii. It shipped 1.2 million units in the quarter. Still, the videogame developer and publisher reported a loss of $14.9 million, or 22 cents a share, compared with a year-ago profit. THQ’s revenues totaled $314.6 million, falling 11 percent from 2009. In after-hours trading, THQ’s stock dropped nearly 13 percent to $5.60 a share.
Arik Hesseldahl in Enterprise on January 12, 2011 at 4:20 pm PT
PC sales were weaker than expected in the fourth quarter. Might it have a little something do with the iPad? Yes.
Peter Kafka in Media on December 21, 2010 at 6:42 am PT
Nothing to be ashamed of, but not a shock, either. Next up: Convincing more studios to let it sell or rent shows at lower prices.
