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Apple beats expectations, iPhone sales rise 25 percent

Apple sold 33.8 million iPhones — a 25 percent increase and a record for its September quarter — and beat Wall Street’s expectations with revenue of $37.5 billion and earnings of $8.26 per share, according to results just posted for the company’s latest quarter. The results include the first week of sales of the iPhone… Read More

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Microsoft’s financial results show how hardware is reshaping its business

One of the built-in benefits of Microsoft’s traditional software business has been the giant profit margins. In its quarterly earnings report today, for example, the company’s commercial licensing segment (including sales of Windows and Office to businesses) had a gross margin of $8.8 billion on revenue of $9.5 billion. That’s more than 90 percent. But… Read More

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Meet the new Microsoft: New reporting segments debut with quarterly earnings today

Microsoft’s largest division isn’t Windows or Office anymore. It’s “Commercial Licensing” — with more than $39 billion in revenue last fiscal year, representing more than half of the company’s overall business. That’s one example of the mental adjustment that investors, analysts and Microsoft watchers will need to make as the company debuts its new financial… Read More

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Shares of F5 up 7% in after hours, profits increase by $8M

Shares of F5 Networks were up more than seven percent in after hours trading today following the company’s fourth quarter earnings report, which noted a profit increase of 13 percent from this time last year. F5 saw $395.3 million in revenue and $76.2 million in profits, an increase from $68.2 million last quarter and $67.7 million a year earlier…. Read More

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Bsquare CEO ‘disappointed’ with $805,000 loss in Q2

Bsquare CEO Brian Crowley said Tuesday that he was disappointed with the company’s second quarter performance, noting that revenue fell 11 percent and net loss grew to $805,000. But he also said that recent changes now taking place at the company are starting to take root. “During the quarter we completed the transition of our North… Read More

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Shares of Trulia soar after Q2 revenues rise 77 percent to $29.7 million

Trulia, the San Francisco-based online real estate company that competes directly with Zillow, is seeing its shares rise more than eight percent in after-hours trading following a strong second quarter earnings announcement. Trulia, which agreed to gobble up Kirkland-based Market Leader for $355 million in May, said that revenues rose 77 percent to a record… Read More

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Shares of Expedia tumble 25 percent after online travel giant hits Q2 ‘headwinds’

Shares of Expedia are getting trashed in after-hours trading, following the Bellevue company’s latest earnings announcement which showed a 27 percent decline in adjusted net income. The company’s earnings missed targets, which analysts had estimated would come in at an average of 79 cents earnings per share. The company came in at 64 cents earnings… Read More

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Shares of F5 surge after profits reach $68.2 million

Shares of F5 Networks took off in after hours trading following the company’s quarterly earnings announcement. F5, a maker of hardware and software products that speed up the delivery of applications, posted revenue of $370.3 million, up six percent over the previous quarter. Net income came in at $68.2 million, up from $63.4 million in… Read More

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Facebook earnings beat expectations as Q2 revenue reaches $1.8B

Facebook’s second quarter earnings report showed the social networking company’s revenue up 53% from the same period last year, exceeding Wall Street’s expectations. The company reported unaudited revenue of 1.8 billion dollars, almost 12 percent above analyst expectations. Excluding certain items, the company’s Q2 profit was $488 million, with adjusted earnings per share of 19… Read More

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Facebook earnings preview: Cautious optimism from analysts

It has now been more than a year since Facebook’s lackluster IPO, and Wall Street analysts seem cautiously optimistic about the company’s future. Analysts are expecting revenues of nearly $1.62 billion, which translates to 14 cents per share, when the company announces earnings this afternoon. That’s up 37 percent from Q2 of last year, when… Read More

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Apple CEO Tim Cook: High revenue follows good products

According to Apple CEO Tim Cook, just because Apple doesn’t build products with Wall Street in mind doesn’t mean they’re not interested in making money. In fact, Cook says that the company’s focus is actually better for its profitability. As a part of the question-and-answer period during Apple’s third quarter earnings call, Tim Cook was… Read More

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All eyes on the iPhone as Apple preps for earnings release

Today will see the release of Apple’s quarterly earnings, and Wall Street is waiting with bated breath to see what the company’s financials look like for this quarter. According to the Thomson Reuters survey, the average expectation from Wall Street analysts is earnings of $7.32 a share, with revenue of $35 billion. Apple’s Peter Oppenheimer… Read More

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Google’s Q2 earnings miss estimates for revenue, profit

While Google’s stock hit an all-time high earlier this week, the search giant’s second quarter earnings posted Thursday came up short of analyst estimates both for revenue and profit. Wall Street predicted that the company would report second-quarter earnings per share (EPS) of $10.78 on revenue of $14.45 billion. However, Google actually posted non-GAAP earnings per… Read More

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Microsoft earnings due out today amid internal shakeup

Microsoft will report its financial results for its fiscal fourth quarter and year this afternoon — providing the latest glimpse of Windows 8′s uptake and the performance of the rest of its business. The report will be the first for new Microsoft finance chief Amy Hood. It comes a week after the company announced a… Read More

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Shares of Blucora spike as profit doubles in first quarter

Blucora, the Bellevue search and tax preparation company formerly known as InfoSpace, today reported a 43 percent first quarter revenue growth from the same time last year. Shares jumped nearly 10 percent in after hours trading. Revenue for the quarter was $165.3 million, with net income of $23.6 million, a growth of 107 percent from Q1 2012…. Read More

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Supercomputer maker Cray slips to $7.6M net loss

Seattle supercomputer maker Cray today posted a first quarter net loss of $7.6 million on revenue of $79.5 million. That compared to net income of $5 million on revenue of $112.3 million for the same period last year. The company’s profit margin also shrunk to 30 percent from 40 percent, with the product margin also… Read More