Analysts won’t get to ask BlackBerry the hard questions about its plummeting business this Friday. The company cancelled its previously scheduled quarterly earnings call.
With revenue falling short of targets, CEO Jeff Weiner assured investors that full year revenues will climb, on a conference call today. Is the stock a victim of its own success?
Activision Blizzard reported a hold-steady 10.2 million subscribers, with continued player engagement due to a recent content update and the beta of expansion Mists of Pandaria.
Yahoo‘s revenue dropped 13 percent compared to the same period last year, the company reported today. In its quarterly earnings’ announcement Tuesday, Yahoo reported $1,324 million in GAAP revenue for the fourth quarter of 2011, while costs increased by 10 percent. Excluding traffic acquisition costs from Yahoo’s partnership with Microsoft and others, the company brought in $1,169 million — down just three percent compared to last year.
Guest Post In Thursday’s Google earnings call, CEO Larry Page told the world that the company’s fledgling social network, Google+ has reached 90 million registered users. He went on to say that, “Over 60 percent of Google+ users use Google products on a daily basis. Over 80 percent of Google+ users use Google products every week.”
Microsoft executives gave some details and forward-looking statements about the company’s business — both the high points and the struggles — in an earnings call this afternoon. And it looks like Steve Ballmer is still doing a great job.
Intel announced its fifth straight quarter of record-setting revenues today, with $13 billion in revenue and $3.2 billion net income, or 59 cents per share, for the second quarter 2011.
Google CEO Larry Page said 550,000 devices running Google’s mobile operating system Android are activated daily during the company’s Q2 earnings call today.