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.
Oracle just report its first-quarter fiscal 2015 earnings its another miss: $0.62 EPS versus expectations of $0.64. Revenue of $8.06 billion versus expectations of $8.77 billion. And it just shocked to the world by reporting that co-founder Larry Ellison is stepping down as CEO. He was the longest sitting CEO in Silicon Valley and gave no indications that he had planned to retire anytime soon.
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.
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.
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.
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 .
When Microsoft revealed the Xbox One'sindependent developer program(and more recently,universal Windows apps) we hoped it could provide access for more than just games -- and it looks like that's happening.
Time flies! Next Tuesday is July 22, and that's the day that we'll hear from Apple executives about how the company did in its third fiscal quarter ending June 30, 2014. As usual, TUAW will liveblog the earnings call beginning at 5 PM ET, and you can listen in on the proceedings via Apple's livestream .
One of the big promises that came out ofMicrosoft's Buildconference this year were apps that'd work across a number of Windows deviceswith a single purchase, and Redmond is usingHaloto lead that charge.
It's a total bloodbath in the world of tech stocks. After Twitter closed down a whopping 17.8% today, Zulily and TripAdvisor are crashing after announcing first-quarter financial results. Zulily — the deals website for moms — just reported a Q1 net loss of $0.02 per share. Analysts were looking for a breakeven quarter. The stock is down a whopping 19% in after-hours trading.
After introducing the idea of Universal apps across all Windows devices earlier in the day, Microsoft let it be known that Xbox One would be participating in the layout in the future as well. With the launch of the latest Windows 8.