Apple's University Village store. (Credit: Apple)

Apple posts mixed quarterly financial report with $37.4B in revenue, EPS of $1.28

Apple announced today that it made $37.43 billion in revenue during its fiscal third quarter, up more than 6 percent year-over-year. That’s on the high end of Apple’s guidance from earlier this year, but missed high analyst expectations of $38 billion in quarterly revenue. The company also beat expectations with earnings of $1.28 per share, up… Read More

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How’s that search alliance working out? Yahoo’s U.S. search share hits all-time low as Microsoft Bing grows

Yahoo just can’t catch a break. ComScore’s new U.S. search market share numbers for June will show that the company’s piece of the market has shrunk to what one analyst calls an all-time low, according to a report by Search Engine Land. The Sunnyvale, Calif.-based company had 9.8 percent of the search market last month, which puts… Read More

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Nokia’s MixRadio streaming service hopes to spin off from Microsoft amid layoffs

Nokia’s MixRadio music streaming service is aiming to spin off from Microsoft as a part of the layoffs the company announced yesterday. The service will still be pre-loaded onto Windows Phone handsets, but a successfully spun off MixRadio would also have the ability to make apps for other platforms, including Android and iOS, according to a… Read More

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Google reports quarterly revenue of $16 billion, misses on earnings again as top business exec departs

Google announced today that it brought in $15.96 billion in revenue for the second quarter of 2014, an increase of 22 percent from the same period a year ago. That beats expectations of $15.61 billion in quarterly revenue from analysts surveyed by Thomson Reuters. The Mountain View-based tech giant also reported earnings of $6.08 a… Read More

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Zillow exec tries to assuage real estate agents’ fears over ‘Coming Soon’ listings: We ‘don’t want to be a MLS’

SAN FRANCISCO–Zillow has taken heat from real estate professionals in recent weeks over its new “Coming Soon” feature, with some claiming that its one way for the Seattle online real estate powerhouse to bypass multiple listing services. But Zillow Chief Revenue Officer Greg Schwartz — speaking today at the Real Estate Connect Conference — says… Read More