*Expects third-quarter revenue $975 mln- $1.03 bln vs est $1.01 bln. *Forecasts adjusted earnings $0.29- 0.35/ share vs est $0.35. Adobe is the latest traditional software company to make a big bet on the cloud-based subscription model pioneered by companies such as Salesforce.com Inc, NetSuite Inc and Google Inc..» Read More
If you think your portfolio has taken a hit since the beginning of the year, consider Steve Jobs and his stake in Apple: He's down $377 million and change since Jan. 1, so if anyone knows the magnitude of Apple's steep--and some say overdone--decline since then, it's the mercurial Apple chief.
Yahoo is a mess. A simple, but stunning statement when you're talking about the web's most popular destination. Read that again--the web's most popular destination. More people visit Yahoo on a monthly basis than any other web site
If you believe the media -- and you should, every word ;) -- you'd think this nation was spiraling toward recession. But it's not necessarily so. Take Microsoft as an example...
If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft beat estimates with both its earnings and sales numbers, and the company's shares jumped 8 percent in extended trading.
Struggling smart phone maker Palm Inc. will shutter all 34 of its retail stores as the company continues to try to find a financial foothold in a sector of technology seeing unprecedented competition.
McGraw Hill Companies posted fourth-quarter earnings that missed analysts' expectations by 9 cents per share, as revenue from credit market services tumbled. The diversified information services provider's CEO told CNBC he expects a challenging first half of 2008 -- but with a better performance in the second half.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Sun Microsystems said its fiscal 2008 second-quarter earnings nearly doubled as services revenue increased and its gross margin improved.
Microsoft's earnings may be the most anticipated report from the tech sector, and possibly the most anticipated report during the earnings season, and here's why: The company is just as big a deal in this country as it is in Europe, Asia, emerging markets.
I'm skeptical, to say the least, of a report originally in the Chinese language Economic Daily News, and now re-printed by Digitimes detailing an iPhone shipment slowdown by Apple. The story says Apple has lowered its projected shipments of iPhones from 2 million units to around 1 million or 1.2 million for its fiscal second quarter ending march 2008.
CNBC Contributor David Pogue explains how new features have the Apple Macintosh on a hot streak.
It could've been much worse, especially in the crazy climate we're seeing on Wall Street. On the day the company announces CEO Meg Whitman's retirement, on a day when there was so much optimism about eBay's fourth quarter earnings, and on a day when the Street finally began to turn things around, eBay beats earnings expectations on the top and bottom lines
I was going to hold off on a Google earnings preview since it's more than a week away, but after watching the company's shares fall, and fall, and fall some more, it seems like today is a better day to do it.
This is the LIVE blog from Tuesday's Apple earnings conference call. Read it for the first time or re-read again. I had fun doing it and I hope you enjoy reading it.
eBay is one of the net's four horsemen, ushering in a spate of online earnings after the bell today, and coming a week ahead of Yahoo (next Tuesday); Amazon (next Wednesday); and Google (next Thursday.) So eBay's earnings will put the entire sector under the spotlight.
David Pogue picks some of the more interesting iPod accessories unveiled at this year's Macworld.
Texas Instruments reports after the bell, and the company will be forced into Apple Inc.'s shadow, which might be a shame. That's because this company could offer up some surprisingly good news, both in wireless and in flat TV's.
Just some quick thoughts on what started out as a brutal morning, but is "coming back" a little thanks to the Fed's must-do move minutes ago: I heard from many of you over the weekend, and the tone was a little surprising.