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Apple posts three Yahoos, two Googles and a Microsoft

How powerful is Apple becoming in the tech industry? Well, take a look at the impressive quarter that the iPhone and iPad maker just reported, posting quarterly revenue of $46.33 billion. That’s the biggest quarterly revenue haul ever by a technology company. We wanted to put the number in a bit of perspective, so we… Read More

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F5 shares jump after revenues surge 19.9% to $322 million

F5 Networks, whose software and hardware products speed the delivery of applications over the Internet, jumped more than five percent in after hours trading following the release of the Seattle company’s first quarter earnings report. F5 posted revenue of $322.4 million, up 2.5 percent over the previous quarter and a 19.9 percent increase over revenue… Read More

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Marchex rings up revenues on call advertising growth

Marchex placed a significant bet two years ago that the phone call wasn’t dead. Now, the Seattle online advertising company is experiencing growth in that business, reporting today that revenues increased to $39.9 million during the third quarter, up from $24.2 million for the same period last year. Net income was $1.2 million, which compared… Read More

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Redbox raises DVD rental prices by 20 cents

Redbox is raising prices on DVD rentals from $1 to $1.20 due to higher operating costs associated with debit card fees. It marks the first time in eight years that the unit of Bellevue-based Coinstar has increased daily DVD rental prices. “The amount was selected to best offset expenses, while keeping our value commitment to… Read More

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Shares of Expedia slip after weakness in airfare bookings

Shares of Expedia fell more than five percent in after hours trading Thursday after the Bellevue-based online travel company posted earnings that disappointed Wall Street. The company boosted revenue by 15 percent and net income by 19 percent, but shares still fell. Revenue for the third quarter was $1.1 billion, up from $987 million during… Read More

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Amazon misses earnings expectations, making ‘millions more’ Kindle Fires than planned

Amazon just reported profits of $63 million for the third quarter, down 73 percent. The profit of 14 cents a share was significantly below Wall Street’s estimates, sending the company’s shares tumbling in after-hours trading. In the earnings news release, CEO Jeff Bezos said Amazon has seen strong demand for the company’s new Kindles and… Read More

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Apple misses analysts’ estimates as iPhone sales fall short

Updated with details from the company’s conference call. Apple this afternoon reported a 54 percent increase in quarterly profits, to $6.62 billion, but that was less than Wall Street was expecting, and the company’s shares are taking a beating in after-hours trading. The unlikely culprit appears to be the iPhone, which sold at slower pace than… Read More

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Microsoft boosts dividend 25% as cash, investments top $50B

Microsoft today announced plans to boost its quarterly dividend to 20 cents, a 25 percent increase, returning to shareholders a larger piece of the company’s still-growing cash pile. For all the hand-wringing that goes on about Microsoft’s future these days, its balance of cash and short-term investments finished the recent fiscal year at $52.8 billion,… Read More

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InfoSpace posts revenue of $54M, continues to eye acquisitions

InfoSpace today reported a net loss of $3.9 million on revenue of $54.3 million. The Bellevue Internet search company posted earnings per share of 10 cents, which was in line with analysts’ expectations. The net loss included a $7.7 million charge related to the sale of the company’s e-commerce business, Mercantila. InfoSpace, whose CFO David… Read More

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Microsoft posts strong profits even as Windows revenue slumps

Microsoft built its franchise on Windows. But other areas of the company are fueling some of the growth. The software giant today reported that fourth quarter revenue grew eight percent to $17.37 billion, largely on the strength of products like Xbox, Office and SQL Server. The Windows division, meanwhile, actually saw revenue decline by one… Read More

f5

Shares of F5 stumble after earnings report disappoints Wall Street

Shares of F5 Networks fell more than seven percent in after hours trading today following a disappointing fiscal third quarter earnings report. The Seattle company, which makes hardware and software to speed up the delivery of applications on the Internet, posted net income of $62.5 million on revenue of $290.7 million. That compared to net… Read More

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Apple shares surge five percent after huge quarter: Company more than doubles profit, sells 20M iPhones

Shares of Apple jumped more than five percent in after-hours trading today after the maker of the iPhone and iPad reported a blockbuster quarter which once-again established its dominance as the most valuable technology company. Apple’s net profit more than doubled to $7.31 billion as the company sold 20.3 million iPhones, a 142 percent increase over… Read More

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Marchex rings up revenues on call advertising

Marchex, the Seattle call advertising company, beat Wall Street expectations for the quarter ended March 31. The company posted net income of $513,000 on revenue of $29.1 million. That compared to a net loss of $111,000 on revenue of $24 million for the same period last year. “We believe call advertising represents one of the… Read More

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Shares of Blue Nile fall after earnings report

Seattle online jewelry retailer Blue Nile today announced first quarter results, posting net income of $2.4 million on revenue of $80.2 million. The company’s international sales drove a lot of the growth, up 34 percent to $12.9 million. “We remain focused on our key objective of building our business in the U.S. and internationally by… Read More

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Clearwire’s Q1, by the numbers: Record revenue, larger loss

It has been an eventful few months for Clearwire, the Kirkland-based mobile broadband company — from the ouster of its CEO to the resolution of a pricing dispute with Sprint, its majority owner. In the same way, the company’s first-quarter earnings today were a mixed bag, with higher revenues and record subscribers but a wider… Read More

expedia

Profits fall at Expedia as online travel giant invests in technology

Amazon.com isn’t the only big tech company that’s decided to cut into profits in order to invest in technology.  Expedia, the giant Bellevue online travel agency, said today that its operating income slumped nine percent during the first quarter as it invested in “next generation technology” and international operations. Like Amazon.com, Expedia’s revenues continued to… Read More

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InfoSpace boosts profits, names Bill Ruckelshaus CEO

InfoSpace has had more lives than a cat. But the Bellevue Internet search company appears to be reinventing itself pretty well. The company today posted net income of $2.1 million, or six cents per share, on relatively flat revenue of $61.6 million. It also elevated interim CEO Bill Ruckelshaus to the top executive post at… Read More

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Amazon.com: SEC launches inquiry into Texas tax dustup

The Securities and Exchange Commission is conducting an inquiry into Amazon.com’s dispute with the state of Texas over a $269 million tax bill, according to a note in the online retailer’s quarterly SEC filing this morning. It’s the latest development in a long-running controversy between Amazon and states that contend the company’s fulfillment centers are… Read More