Apple, Microsoft, Google Report Combined 2Q Profits Of More Than $50 BillionThree tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live.
Wells Fargo 4Q Profit Slides, Hurt By Lower Interest RatesWells Fargo's net income tumbled in the fourth quarter, weighed down by hefty costs and a lower interest rate environment.
Google Falls Short On Third-Quarter ProfitGoogle parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits.
Apple Opens New Chapter As iPhone Sales Fall, Stock SinksApple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but the Cupertino-based company's strategy seems to have backfired.
Apple Quarterly Sales Fall, Holiday Forecast Calls For GainsApple says it sold 45.5 million iPhones in the last quarter, 5 percent fewer than it sold a year earlier.
Gap's 4th Quarter Profits Fall 33 Percent On Currency HeadwindsGap reported a 33 percent drop in fourth-quarter profits as business was hurt by currency headwinds and strategic moves to turn around its ailing business.
Twitter User Growth Flatlines, Loses $90M In 4th QuarterTwitter reported no user growth at all in the fourth quarter, the clearest signal yet that the one-time trendsetter is struggling to remain relevant.
Netflix Impresses Wall St. In 4th Quarter, Grows To 75 Million SubscribersAs its U.S. subscriber growth tapers off, Netflix's Internet video service is setting out to conquer the rest of the world in an audacious expansion likely to sway the company's stock and the prices it pays for TV shows and movies.
Apple Beats Earnings Estimates, Forecasts Healthy Holiday SalesThe giant tech company reported quarterly earnings Tuesday that beat analysts' estimates, while forecasting healthy iPhone sales during the upcoming holidays.
Shares Of Twitter Hit All-Time Low After Earnings Results Show User Growth SlowingTwitter shares were at an all-time low in after-hours trading Tuesday after earnings results that indicated active monthly users of the messaging service were not growing as anticipated.
Yahoo's 1Q Earnings Highlighted By Alibaba, Modest Ad GainsYahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer.
Intel Reports Lower 1Q Net Income, Higher RevenueIntel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services.
Twitter Testing New Look To Resemble Facebook's Timeline Twitter may soon start looking more like Facebook. KCBS Financial Reporter Jason Brooks says the micro-blogger is testing a new look for its profile pages, which would resemble Facebook’s Timeline.
Google's 4Q earnings Rise 17 Percent, But Ad Rates FallGoogle's fourth-quarter earnings rose 17 percent even though a long-running slump in its online ad prices deepened.
Facebook Earnings Jump; Mobile Ad Revenue Eclipses DesktopFacebook's quarterly earnings and revenue grew and surpassed expectations as the company expanded the number of users and the amount of money it makes on mobile ads.