4 posts and columns on year

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

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.

News Byte

Ballmer's Bonus: Half Cash, Half Surplus Kins

in News on October 1, 2010 at 9:03 am PT

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.

iPad Expectations “Over-Zealous” or Just Zealous?

in Mobile on March 30, 2010 at 8:22 am PT

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.

Hard Disk Error: Earnings Failure Detected

in News on July 22, 2009 at 6:55 am PT

The econalypse has been particularly unkind to Seagate Technology. The hard-drive manufacturer posted a fiscal fourth-quarter loss Tuesday, its third in a row. Weighed down by restructuring charges, Seagate reported a loss of $81 million, or 16 cents a share, compared to net income in the same quarter last year of $160 million, or 32 cents a share.
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