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Apple Competition May Slam the Lid on Pandora October 29, 2012 
If Pandora had been hoping that the earlier reports of Apple exploring a streaming-radio venture were exaggerated or downright wrong, those hopes have been dashed. Last week, more rumors surfaced that Apple is indeed serious about the advertising-backed venture and has intensified talks with major music labels. The parties reportedly are discussing how to split ad revenues.
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Sprint Customers Flee to Speedier Networks October 26, 2012 
With recent news of Softbank's proposed $20.1 billion investment hovering in the background, Sprint Nextel has reported less-than-pretty earnings for the third quarter 2012. The carrier posted a net loss of $767 million, compared with a net loss of $301 million in the third quarter of 2011. It also lost about 459,000 contract customers for the quarter.
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Facebook Gets Its Mobile Mojo Working October 24, 2012 
Facebook delivered a double whammy with its third-quarter earnings report: It came in slightly above Wall Street analysts' expectations, and it illustrated that, yes, it can deliver on its mobile promise. Although it recorded a net loss of $59 million, revenue reached $1.26 billion, a 32 percent year-over-year increase.
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Microsoft Posts Flabby Q1, Holds Breath for Q2 October 19, 2012 
Count Microsoft among the tech companies that posted blah earnings for the three months ending Sept. 30 -- in Microsoft's case its first quarter for fiscal year 2013. It posted revenue of $16.01 billion for the quarter, down from $17.37 billion in the same quarter a year ago. Operating income, net income, and diluted earnings per share were likewise all down from the year-ago quarter.
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eBay Sheltered From Troubled Tech Waters October 19, 2012 
eBay turned in a better-than-expected profit for its third quarter -- bucking the tide of less-than-stellar financial reports coming from other tech firms this week. eBay reported revenue of $3.4 billion, a 15 percent increase over the same period in 2011. The company's revenue was only a tad lower than expected, said Andreas Scherer, managing partner with Salto Partners. Profit was a tad higher.
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Google's Q3 Report Arrives Early, Puny and Naked October 18, 2012 
Google did not have a good day on Thursday: Its stock plunged when its unexpectedly dismal third-quarter earnings became public. Then, there was the matter of how exactly they became public. Google's financial printer, R.R. Donnelley, reportedly posted the earnings report to the Securities and Exchange Commission website without Google's final approval.
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IBM's Weakness Rattles Tech Sector October 18, 2012 
IBM is often viewed as a bellwether stock for the tech industry. Its earnings points to how other companies are investing in tech -- or lately, how they are not. Earlier this week, the company announced slightly increased earnings for the third quarter but a decline in revenue. IBM's revenue weakness was "a shock for the entire technology group," said Covestor's Mike Tarsala.
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HP's Whitman: It's Going to Be a Long, Slow Ride October 04, 2012 
HP shareholders counting on Meg Whitman to lead the company into a quick turnaround received very disappointing news from the CEO: Don't hold your breath. Whitman made her comments at HP's annual analyst meeting. The company is on track for a turnaround, she reportedly said -- but it won't materialize until the end of fiscal year 2014.
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A Little Color Returns to RIM's Cheeks September 28, 2012 
Speaking to developers at BlackBerry Jam earlier this week, Research In Motion CEO Thorsten Heins threw out some hints that the mobile device manufacturer had experienced a good quarter. He was not blustering, as it turned out. The company delivered better-than-expected earnings, surprising analysts and delighting its long-suffering shareholders.
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Twitter Travels to the Beat of a Different Drum September 27, 2012 
If Twitter were a child, it would be the last one at the dinner table, eating its food on its own schedule -- never mind that everyone else had finished. To wit: Not too long ago it was still resisting pressure to roll out advertising until it was good and ready. Now, that same stubbornness is on display again. The microblogging site has no plans to go public or put itself up for sale.
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Heins Stokes BlackBerry Embers September 26, 2012 
RIM Chief Executive Thorsten Heins on Monday told a crowd of developers that BlackBerry was still very much a player in the mobile world. He made the somewhat startling pronouncement that the company's subscriber base had risen to 80 million from 78 million over the most recent quarter, despite the lack of new products or major initiatives.
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Wall Street Blesses Google, Curses Facebook September 25, 2012 
If Wall Street could truly predict a company's future, then Facebook should be packing up its offices this morning. The social media giant's stock value dropped close to 10 percent on Monday, to $20.79. The trigger for the stock drop -- this time -- was a report in Barron's questioning whether Facebook had the wherewithal to successfully develop a mobile ad platform.
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Oracle's Short-Term Software Gains May Have Long-Term Costs September 24, 2012 
Oracle reported earnings for its first fiscal quarter in 2013 last week, telling a tale of two product lines: Its software operations fared respectably, while its hardware slumped dramatically. Hardware systems product revenue was down 24 percent. "These are tough times, and companies are still not investing heavily in capital equipment," noted tech analyst Laura DiDio.
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Trulia Flies High but Could Fall Hard September 21, 2012 
Trulia, an online real estate listing company, hit it out of the park Thursday in its first day of trading on the New York Stock Exchange. The stock priced at $17 per share and then opened at $22.10. It rose an eye-popping 48 percent to reach $25.20 per share at one point before settling in at $24 per share at the market's close.
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Pandora Stock Takes a Beating on Apple-Radio Rumor September 08, 2012
Pandora Media's stock dropped precipitously on news that Apple might be entering the online streaming-radio space with a competing product. The news is not official. Still, the service would nicely complement Apple's existing iTunes offerings, making the rumor believable enough to send Pandora's stock plummeting by some 18 percent to as low as $10.27 per share during trading Friday.
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Zynga Aims to Keep 'Em Down on the Farm September 07, 2012 
Zynga rolled out "FarmVille 2" on Facebook this week -- but if fans were expecting an enhanced version of the same familiar game, they were in for a surprise. The two versions have little in common. For starters, "FarmVille 2" is the first Zynga game to be built entirely in 3D. The theme is also different: In "FarmVille 2," players journey to the countryside to reinvigorate their old family farm.
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Is Facebook Stuck in the Sub-$20 Cellar? September 05, 2012 
Facebook executives and employees must dread publicity these days. Every bit of critical news or commentary -- and there have been quite a few items that could be characterized as such lately -- seems to send the share price downward. The latest push apparently came on Monday from a negative article in The New York Times taking CFO David Ebersman to task.
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Apple vs. Samsung: There Will Be More Blood August 29, 2012 
Apple admirers cheered when a jury in San Jose, Calif., last week found Samsung guilty of infringing on many of Cupertino's design and utility patents, a transgression for which the Galaxy smartphone maker will have to pay over $1 billion in damages. Apple's stock was given a big boost on the news. However, the battle between the two is just beginning.
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HP Bleeds Billions in Q3 Due to Whopping Write-Down August 23, 2012 
HP posted numbers Wednesday for what was the worst financial quarter in the company's long history. It reported an $8.86 billion loss for its third fiscal quarter, which ended July 31. In the last three months, it took in a net revenue of $29.7 billion, down 5 percent year over year and down 2 percent when adjusted for the effects of currency.
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Investors Wince at Dell's Painful Transformation August 22, 2012 
Dell announced an 18 percent drop in profit for its fiscal second quarter on Tuesday and warned that PC sales could continue to decline in the second half of the year. The company is in the midst of a transformation that will switch its focus from consumer PCs toward enterprise and commerce customers as increased competition from rival PC and mobile device makers saturate the market.
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