Microsoft reported stronger-than-expected sales of its current Windows software despite all the buzz surrounding its upcoming Windows 8 revamp. The surprising boost from Windows sales actually helped Microsoft post a 6 percent increase in revenue for its Q1 2012 (fiscal Q3) earnings results, countering the company’s slowing Xbox and Kinect sales. Revenue brought in by Read The Full Story
$583.3 million, which was well ahead of analyst expectations of $577.7 million.EPS was a miss, as analysts were looking for $0.45 per share.Here, from AOL's earnings presentation, is a summary of its results:And here is where the ad growth is coming from for AOL:AOL Inc reported an 8% rise in first-quarter revenue, helped by an increase in ad sales.
It's been a long and busy week, leaving a newly nicotine-free Terrence a tad more irritable than usual. Ben's been busy too, but that just means long hours of playingMario Kart 8. Both of these factors seem to cancel each other out and the result is a pleasant stroll through the world of Xbox One, this timesporting a lower price tagand one less peripheral.
Microsoft is latching onto its one reliably cool brand, Xbox, to gain a foothold in the next emerging arena in tech: TV. Since 2001, the Xbox has been gaining a foothold in the living room thanks to millions of hard-core gamers attracted to series like "Halo" and "Call of Duty." The first Xbox console sold about 24 million units and introduced console gamers to online gaming.
It looks like Sony still has bragging rights that thePlayStation 4is the top-selling console. Not to be outdone by the latest NPD report, the PlayStationTwitter account announcedthat the Sony's new console is still outselling theXbox One, for the sixth month in a row.
Twitter has revealed its Q4 2013 and fiscal year 2013 financial results, the first since the company's IPO, with revenue up an impressive 116-percent year-on-year. Q4 revenue reached $243m, Twitter announced , though monthly active users slowed, amounting to 241m at the end of the quarter, little more than the 232m at the end of Q3.
Intel reported Q2 EPS of $0.55 on revenue of $13.8 billion. Analysts were expecting earnings per share of $0.52 on revenue of $13.71 billion. Following the numbers, shares of Intel were up 2.7% in after hours trade. For the third quarter, the company expects revenue of $14.4 billion, plus or minus $500 million. The company also expects to incur $20 million worth of restructuring charges during Q3.
Sony will sell off its lackluster PC division and focus on spinning off its TV business into a standalone entity by June. The company’s announcement confirms a report yesterday that Japan Industrial Partners planned to purchase the VAIO brand. The amount of the deal was not disclosed, but Nikkei reported that it may be up to 50 billion yen ($490 million).
His3,100-word essay, distributed by email to Microsoft employees Thursday morning, is Mr. Nadella’s mission statement and a rallying cry for the staff. Although it contained few specifics, the essay appeared to lay the groundwork for significant changes, to be announced this month.Mr.
Microsoft brought on well over two hours of content to the public this week on the first day of BUILD 2014 , the company’s developer conference. Here we learned about Windows 8.1 Update, Windows Phone 8.1, and Universal Windows Apps. We also got our first glimpse of Microsoft’s natural language personal assistant, Cortana.
In January, Sony’s PlayStation 4 walloped Microsoft’s Xbox One console in sales, outselling it in the United States nearly two-to-one.But in figures from February that were released Thursday afternoon by NPD, the retail tracking firm, the Xbox One nearly matched the United States sales of the PlayStation 4, selling more than 90 percent of the units that Sony sold of its new system.
Microsoft crowned a new leader today , with Satya Nadella taking over the reins from exiting CEO Steve Ballmer. Bill Gates will spend a portion of his time at the company assisting with product choices.
Shares of Groupon are down 20%. Adjusted for nonrecurring items, the company earned $0.04 per share, the company said in its Thursday afternoon Q4 earnings announcement . This was stronger than the $0.02 expected by analysts. Revenue of $768.4 million smashed expectations for $718.0 million. Management's guidance was mixed.
Fresh off a record-breaking year, where revenue hit over $4 billion, Salesforce.com has issued annual cash bonuses to its executives, according to documents filed with the SEC . But their payouts fell a little shy of the maximum bonuses set aside for them, according to the bonus plans Salesforce.com disclosed last spring. Salesforce.com declined comment on why the bonuses were a little short.
NVIDIA saw better than expected quarterly revenue in Q4 2013, the company has announced today, reaching $1.14bn amid strong sales of GeForce GTX video cards, and predicting another solid quarter as it renews its push into mobile.
It’s all over. Microsoft’s Kinect , which has improved greatly since its launch on the Xbox 360, is officially on a death march that won’t slow down. Microsoft announced recently that in order to bring its console price down, it will soon start selling the Xbox One without a Kinect .