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The fact is, Apple has beaten the Street for the past seven straight quarters, and there's every indication that the company will do so again this time around. And yet the stock still languishes.
For eight years, Arnold Kim has been trading gossip, rumor and facts about Apple, the notoriously secretive computer company, on his Web site, MacRumors.com. Dr. Kim’s Web site now attracts more than 4.4 million people and 40 million page views a month, according to Quantcast, making it one of the most popular technology Web sites.
Yahoo has reached a settlement with activist investor Carl Icahn to avoid a battle for control of the company.
This week, Rep. Jim A. McDermott (D-Wash.) introduced legislation that would legalize, regulate and tax online gambling. I’m not sure if it’s ever going to happen, but in the meantime, it should be noted that it’s getting harder and harder to bet online. Let me rephrase that.
Yahoo is unlikely to get into a bidding war over AOL with Microsoft because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp's Web properties, a person with knowledge of the plans said Thursday.
Earnings reports from Google and Microsoft are casting doubts on the assumption that these tech giants are immune to the recent economic downturn.
Sixty eight million unique users watched YouTube videos in May, streaming 3.8 billion videos. TiVo's hoping this will be a key factor differentiating their service from all the other DVR services cable companies and the like now offer.
The company missed the Street expectations by a penny, so in the big scheme of things not such a devastating issue. But the miss comes on far better than expected top line growth: $15.8 billion instead of the $15 billion analysts expected. What's the problem here?
Looking a little deeper, the company's web site gross revenue failed to meet expectations: $3.53 billion versus the range of $3.54 billion to $3.57 billion. Networks site revenue was in line at $1.66 billion.
Google's quarterly net income fell short of Wall Street expectations Thursday, suggesting it may be suffering from a weakening U.S. economy like its rivals, and its shares fell about 10 percent.
Yahoo said on Thursday billionaire Carl Icahn's agenda presents a "significant risk" to the value of Yahoo stock, and that it would only sell itself to Microsoft under the right terms.
Microsoft will report its fourth fiscal earnings quarter after the bell today, and investors will be keenly watching guidance to make sure the company wasn't too aggressive in its forecasts the last time around.
Google shares might not reflect the level of optimism swirling around this company right now, but this could be a break-out earnings report from Google after the bell later today.
EBay gave a disappointing outlook that reflected caution about a U.S. economic slump and competitive threats to its online auction business, sending its shares down 7 percent.
For eBay, quarterly results are normally all about "beat and raise." Beat the Street's estimates in the current quarter, and raise guidance for the upcoming quarter. This time around, batting .500 just isn't good enough for the online auction powerhouse, especially when so many on the Street expected them to beat anyway.
This has been a raucous legal quarter for online auction house eBay: filing suit against Craigslist, where it owns a 28 percent stake in that company; eBay stock has fallen about 13 percent since its last report; 20 percent since the beginning of the year.
Time Warner discussions to merge or sell its AOL internet division with Microsoft or Yahoo have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday.1st paragraph of story should go here
Defendants and plaintiffs in two related copyright infringement lawsuits against YouTube have reached a deal to protect the privacy of millions of YouTube watchers during evidence discovery, a spokesman for Google said on Monday.
EBay scored a major court victory Monday when a federal judge ruled that Tiffany had failed to prove the online auctioneer was responsible for the sale of fake Tiffany jewelry on its site.
Alcoa may have kicked off earnings season last week, but this week, the biggest names in the tech sector take center stage: Intel and IBM tomorrow: eBay Wednesday; Microsoft and Google on Thursday.