Netflix’s move to compete against traditional cable-TV channels with original programming is pulling in more subscribers to its internet video service and winning back investors who doubted the company’s ability to develop distinctive entertainment.
Google’s latest quarterly results provided further proof that the Internet search leader is figuring out how to make more money as Web surfers migrate from personal computers to mobile devices.
Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader’s expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones.
Cisco says it earned $1.9 billion, or 36 cents per share, in its fiscal fourth quarter, spanning May to July. That compares with income of $1.2 billion, or 22 cents per share, in the same period a year ago.
Chevron Corp. said Friday that profits rose 4.2 percent in the first quarter as it sold oil for higher prices.
Facebook’s first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering in May.
Wells Fargo said its first-quarter profit jumped 13 percent on strong mortgage lending and a drop in delinquent loans.
Oracle’s earnings rose 18 percent despite meager revenue growth during its latest quarter…
Apple came back with a vengeance in last three months of 2011, vastly exceeding analyst estimates and setting new records. While, Yahoo’s latest financial results show the Internet company is still losing ground.
Shares of Oracle plunged almost 14 percent in early morning trading Wednesday, a day after the business software company said it was struggling to close deals.