Finally Oracle


Oracle showed some very good numbers in its latest earnings announcement. As it begins its second year of aggressive cloud promotion, the company overall is showing significant year-over-year improvements, thanks to its turn to cloud infrastructure, applications and platforms. Yet when read right, the numbers announce the end of the beginning of the end as much as they announce the end of the beginning. Oracle is the last major software vendor to adopt the cloud as its primary medium, and there’s no doubt about its direction.

The original article can be found here: http://www.ecommercetimes.com/story/84825.html?rss=1

Powered by WPeMatico

Ten Billion


Salesforce announced the partial attainment of one of its long-range goals in its second-quarter earnings announcement last week: It eclipsed its goal of a $10 billion run rate. This will be followed by similar announcements over the next year — first $10 billion year, etc. — and why not? The company should celebrate. Second quarter revenue hit $2.56 billion, a 26 percent increase year over year. Despite all the fanfare, anyone watching the evolution of the company and the market should not be surprised.

The original article can be found here: http://www.ecommercetimes.com/story/84773.html?rss=1

Powered by WPeMatico

Apple Goes on Record-Breaking Spree


Apple stunned Wall Street Tuesday afternoon, with Q1 earnings that set new quarterly unit and revenue records in key product segments, and its highest-ever earnings per share. Apple CEO Tim Cook told analysts that the company set all-time revenue and unit records for its iPhone and Apple Watch brands, all-time revenue records for its Mac and Services businesses, and all-time revenue records for four of its five geographic sectors. The company sold a record 78.3 million iPhones during the quarter, up 5 percent from the year-ago period.

The original article can be found here: http://www.ecommercetimes.com/story/84272.html?rss=1

Powered by WPeMatico

Nvidia absolutely crushes its quarterly earnings, has its first $2 billion quarter

Nvidia-Feature

Nvidia announced its quarterly earnings this week, and the company’s performance was off-the-charts good. Huge gains in gaming, AI, automotive, and data center sales propelled Team Green to its strongest quarter ever, by multiple metrics.

The post Nvidia absolutely crushes its quarterly earnings, has its first $2 billion quarter appeared first on ExtremeTech.

The original article can be found here: https://www.extremetech.com/computing/239312-nvidia-absolutely-crushes-quarterly-earnings-first-2-billion-quarter?source=Computing

Powered by WPeMatico

Stock Price Rises as Twitter Slashes Jobs, Uproots Vine


Twitter shares were up Friday in the aftermath of the company’s report of third-quarter earnings that beat Wall Street estimates, despite declining revenue growth. Twitter also announced a widely expected round of job cuts and the unexpected shutdown of Vine. Twitter has been on financial oxygen in recent weeks, after failing to find a buyer. Investors responded positively to the news that it will slash 9 percent of its workforce, or about 350 employees. Further, the company reported an 8 percent profit increase from year-ago figures.

The original article can be found here: http://www.ecommercetimes.com/story/84042.html?rss=1

Powered by WPeMatico

Apple Earnings Sag on Lower iPhone Price Points


Apple on Tuesday reported lower earnings in the third-quarter as the global saturation of smartphones continued to put pressure on its core iPhone business. However, officials remained upbeat. The company reported stronger-than-expected metrics and has been able to grow its software and services business while expanding into key overseas markets. Apple reported net income of $7.8 billion, or $1.42 a share, in the third quarter, compared with 10.7 billion a year ago. Revenue fell to $42.4 billion, compared with $49.6 billion a year ago.

The original article can be found here: http://www.ecommercetimes.com/story/83746.html?rss=1

Powered by WPeMatico

Nintendo's Q1 Reflects Struggles Unrelated to Pokemon Go Success


Nintendo shares fell sharply in Tokyo on Wednesday, following its release of a Q1 earnings report that disappointed analyst expectations. The company reported a drop of 31 percent in net sales and an operating loss of about $48 million, which it attributed to growing strength in the Japanese yen but which likely had more to do with dismal sales of the outgoing Wii U console. The weak results come amid a frenzy over the recently released Pokemon Go augmented reality game, which Nintendo felt obliged to address last week.

The original article can be found here: http://www.ecommercetimes.com/story/83742.html?rss=1

Powered by WPeMatico

AMD reports a strong second quarter on increased console sales, preps Zen for 2017

AMD-Opteron-A1100
AMD announced its Q2 earnings today and the results were surprisingly strong. PC sales are stuck in the wrong direction, but strong console revenue lifted the company’s fortunes.

The original article can be found here: http://www.extremetech.com/gaming/232204-amd-reports-a-strong-second-quarter-thanks-to-increased-console-sales-preps-zen-for-2017

Powered by WPeMatico

Netflix Shares Fall as Subscriber Growth Hits a Wall


Shares of Netflix fell sharply Tuesday after it reported lower-than-expected Q2 earnings, which the company blamed on subscriber growth that fell short of forecasts. Netflix added 1.7 million subscribers in the quarter, pushing its total membership to more than 83 million, the company told shareholders. However, that growth was far less than the 2.5 million it had projected. “We are growing, but not as fast as we would like or have been,” reads the letter. “Disrupting a big market can be bumpy, but the opportunity ahead is as big as ever.”

The original article can be found here: http://www.ecommercetimes.com/story/83720.html?rss=1

Powered by WPeMatico

Yahoo Posts Weak Earnings as Assets Sale Waiting Game Drags On


Yahoo on Monday reported second quarter earnings that fell just short of Wall Street estimates but left investors and analysts waiting to hear about progress in finding a strategic investment partner. Negotiations over the potential sale of the company’s core assets are under way. The company reported earnings from operations of $39 million, or 9 cents a share in the second quarter, compared with earnings of $108 million or 16 cents in the year-ago quarter. The company reported a net loss of $440 million, or 46 cents a share, compared with $22 million, or two cents in the year-ago quarter.

The original article can be found here: http://www.ecommercetimes.com/story/83715.html?rss=1

Powered by WPeMatico

Sliding Revenues


Apple’s earnings disappointment thudded into view last week in the middle of an afternoon of briefings at Oracle’s Modern Marketing Experience conference in Las Vegas. In that context, it gave me a lot to think about — especially the difference between a one-time earnings disappointment and something more serious. I have a feeling that Apple is only the most visible instance of the wheels beginning to wobble on the truck of tech. The legacy software vendors have fundamental challenges ahead as they continue to march to the cloud.

The original article can be found here: http://www.ecommercetimes.com/story/83460.html?rss=1

Powered by WPeMatico

Apple to reveal fiscal Q2 2016 earnings on April 25

Article Image Apple on Monday announced an upcoming earnings conference call covering the second fiscal quarter of 2016, a period expected to see the first year-over-year iPhone sales contraction ever.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e90662a/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C280Capple0Eto0Ereveal0Efiscal0Eq20E20A160Eearnings0Eon0Eapril0E25/story01.htm

Powered by WPeMatico

AppleInsider podcast talks earnings, beta releases, Apple Music, car & more

Article Image This week the AppleInsider podcast explores this week’s earnings call, the decline of iPhone sales, Apple and Tim Cook’s interest in virtual reality, it’s relation with an ‘iPhone 7′ dual camera, and trouble in Apple’s car skunkworks. We also talk about iOS 9.3 beta, Apple Pencil woes and the trouble with keyboards for iPad in iOS.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d39504a/sc/15/l/0Lappleinsider0N0Carticles0C160C0A10C290Cappleinsider0Epodcast0Etalks0Ebeta0Ereleases0Eapple0Emusic0Ecar0Eiphone0E5e0Erumors/story01.htm

Powered by WPeMatico

Facebook Bathes in Q4 Mobile Magnificence


Facebook on Wednesday reported earnings of 79 cents per share on $5.84 billion in revenue for Q4 2015, and annual revenue of $17.93 billion, an increase of 44 percent year over year. Net income for the full year ended Dec. 31 was $3.69 billion. Analysts reportedly had expected per-share earnings of about 68 cents on revenue of $5.37 billion for the quarter. “2015 was a great year for Facebook,” CEO Mark Zuckerberg said. “Our community continued to grow and our business is thriving.”

The original article can be found here: http://www.ecommercetimes.com/story/83045.html?rss=1

Powered by WPeMatico

Apple R&D, property investments reach all-time highs in Q1

Article Image In detailed earnings results for the first fiscal quarter of 2016, Apple said it spent more than $2.4 billion on research and development operations, while gross property and related expenditures grew to $51.3 billion.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d2de61d/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C270Capple0Erd0Eproperty0Einvestments0Ereach0Eall0Etime0Ehighs0Ein0Eq1/story01.htm

Powered by WPeMatico

Munster: iPhone to return to growth in 2016 despite macroeconomic worries

Article Image Explaining Tuesday’s earnings call, Piper Jaffray analyst Gene Munster said Apple’s repeated allusions to macroeconomic headwinds might have “spooked” investors despite a better than expected guide on iPhone, but the analyst sees light at the end of the tunnel.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d27af96/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C260Cmunster0Eworst0Eof0Eiphone0Edecline0Eto0Epass0Ein0Emarch0Edespite0Enegative0Emacroeconomic0Ecommentary/story01.htm

Powered by WPeMatico

Apple reaches global install base of more than 1B active devices

Article Image Apple announced a major milestone as part of its quarterly earnings report on Tuesday, noting that more than 1 billion devices pinged its servers over the three-month period ending in December.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4d26dce7/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C260Capple0Ereaches0Eglobal0Einstall0Ebase0Eof0Emore0Ethan0E1b0Eactive0Edevices/story01.htm

Powered by WPeMatico

iPhone Sales Could Be Slowing


In the runup to the release of Apple’s Q1 2016 earnings report Tuesday, one of the big unanswered questions was whether the iPhone could maintain its sales momentum. Q1 2015 iPhone sales hit a record 74.5 million units, and it’s possible the latest quarter’s shipments may not equal — let alone exceed — that mark. IDC has forecast of slowing sales industrywide for 2016. The smartphone market will see the first single-digit growth year ever. The slowdown in China’s economy and sluggish Apple Watch sales are also of concern.

The original article can be found here: http://www.ecommercetimes.com/story/83034.html?rss=1

Powered by WPeMatico

Piper Jaffray lowers March iPhone estimates to 55M, sees return to growth in fall 2016

Article Image Ahead of Apple’s upcoming quarterly earnings report, investment firm Piper Jaffray lowered iPhone shipment estimates to 55 million units for the current quarter, but maintains AAPL is the year’s top stock pick.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4ccc8394/sc/21/l/0Lappleinsider0N0Carticles0C160C0A10C120Cpiper0Ejaffray0Elowers0Emarch0Eiphone0Eestimates0Eto0E55m0Esees0Ereturn0Eto0Egrowth0Ein0Efall0E20A160E/story01.htm

Powered by WPeMatico