By Adriana Lee |
I think this is one technology I could do without. Bank of America recently announced it was rolling out video ATMs — automated teller machines enabled to offer video chat with a live representative — starting with Boston and Atlanta, and eventually other markets. On paper, it’s…
By Todd Haselton |
Apple took a huge hit on the market today, particularly on news that it was cutting orders for new iPhone 5 parts. Did it mean that demand was cooling for the iPhone? Did it mean Tim Cook failed to secure a deal with China Mobile…
By Todd Haselton |
Apple now has its iPhone 5 supply under control, even as it introduces the phone into new countries. As such, one analyst has increased his iPhone 5 sales predictions for the quarter. Sterne Agee analyst Shaw Wu sent a note to clients on Tuesday in which…
By Todd Haselton |
Will RIM’s BlackBerry 10 platform succeed against iOS, Android and Windows Phone? It’s too early to tell, we won’t really know until the new operating system launches in January. But one analyst thinks that the industry, as a whole, is being too pessimistic about the…
By Todd Haselton |
Every investor wants the company he or she is invested in to outperform expectations. But a mutual fund owner who has 12.2 million shares of RIM is placing big bets on the company’s BlackBerry 10 operating system, due out in January of next year. The…
By Todd Haselton |
Barclays Bank is about to deploy 8,500 iPads into its offices and, according to The Channel, it could be the largest deployment of tablets into the UK financial sector ever. It appears that Barclays employees had been asking for the firm to begin offering the…
By Todd Haselton |
Best Buy reported its third quarter earnings on Tuesday and noted revenue of $10.75 billion and $0.04 earnings per share for the quarter, down from $11.14 billion during the third quarter of last year. The company missed Wall Street estimates of $0.12 earnings per share…
By Todd Haselton |
Apple’s stock price jumped to more than $700 per share back in September, but it’s currently trading at $553 per share today, after falling to a six-month low last week. At least one analyst thinks now is a great time to own a bit of Apple. “In…
By Todd Haselton |
Apple’s stock has been tanking for the past several weeks, perhaps adjusting to market conditions. Here’s a trivial explanation for why a stock price might fall even when a company appears to be performing well: sometimes in a weaker market a firm’s stock price will…
By Todd Haselton |
Sony announced its third quarter 2012 earnings on Thursday and the company said it lost $198 million for the three months ending in Sept. That may seem like a pretty poor quarter, but the company improved on losses of $312 million during the first quarter…
By Todd Haselton |
Sprint reported its third quarter earnings on Thursday, in which the company noted a $767 million net loss and a loss of $0.26 per share. Despite that, the company said that its revenue increased 14 percent from a $301 million net loss during the third…
By Todd Haselton |
Google made a mistake yesterday by accidentally publishing its earnings early. The results failed to meet Wall Street expectations and the stock tanked. But the company may have some success hidden in its financial data. GigaOm noticed this morning that Google reported revenue of $666 million…
By Todd Haselton |
Microsoft just released its fiscal first quarter 2013 earnings, which missed analyst projections. The company said its profits were $4.47 billion for the quarter, down from $5.47 billion during the same time period last year. The company reported sales of $16.01 billion, down 8 percent,…
By Todd Haselton |
Google just posted its earnings, apparently somewhat accidentally since they were scheduled to go out after the market closed today, and things aren’t looking great. The company posted revenue of $11.33 billion and earnings per share of $9.03, which missed Street estimates of $11.86 billion…
By Killian Bell |
Nokia announced its financial results for the third quarter of 2012 on Thursday morning, and they don’t make for pleasant reading. The Finnish firm revealed a $754 million (€576 million) operating loss on $9.49 billion (€7.239 billion) in net sales, with just 2.9 million Lumia devices sold…
By Killian Bell |
HTC announced its financial results for the third quarter of 2012 on Monday morning, revealing that revenue dropped to NT$70.2 billion (approx. $2.397 billion) during the three-month period from July to September. Net income lies at just NT$3.9 billion (approx. $133 million). Those figures…
By Todd Haselton |
RIM just reported its second quarter fiscal 2013 earnings results in which it recorded a loss of $0.27 per share, compared to estimates of a $0.47 loss per share, and revenue of $2.9 billion. Wall Street estimated that RIM’s revenue would fall in at $2.49…
By Todd Haselton |
T-Mobile USA reported its second quarter 2012 earnings on Thursday, in which the carrier noted that its service revenues totaled $4.4 billion for the quarter, down 5.2% from the $4.6 billion recorded during the same period last year. Those revenues, however, remained on a par…
By Todd Haselton |
HTC reported its second quarter earnings Friday and noted that its profits slid year-over year. The company reported revenue of $3.04 billion for the quarter and a net profit of $248 million, down from the $608 million the company reported during the second quarter of…
By Todd Haselton |
Microsoft reported $18.06 billion in revenue for the fiscal fourth quarter of 2012 on Thursday. The company failed to meet Wall Street expectations of $18.13 billion for the quarter and reported a net loss of $492 million, or a loss of $0.06 per share. This…
By Todd Haselton |
Google just announced its second quarter earnings for 2012 in which it said it generated $12.21 billion in revenue and $2.79 billion in profit on $8.42 per share. Wall Street originally projected the firm to record a lesser $8.41 billion in revenue. The company’s revenues…
By Todd Haselton |
Verizon Communications posted its second quarter 2012 earnings on Thursday and reported $28.6 billion in revenue for the quarter, up 3.7 percent over the same quarter last year. Wireline revenues for the company came in at $9.9 billion, down 3.1% from the same quarter last…
By Adriana Lee |
Frequent flyer miles. Hundreds, even thousands, can be yours if you just sign on the dotted line and apply for one of numerous credit cards. With visions of world travel and luxurious hotel accommodations blurring your common sense, it can be so easy (and tempting)…
By Todd Haselton |
Research In Motion just reported its fiscal first quarter results for 2013. The company noted a $-0.37 net loss per share against estimates of a $-0.01 net loss per share. Revenues for the quarter were $2.8 billion versus Wall Street estimates of $3.11 billion. The…
