Groupon reported its fourth quarter 2012 earnings today almost exactly where analysts had expected: with $638 million in revenue, up 30 percent over last year.
The problem was that analysts wanted a profit.
Is Lenovo immune to the PC market slowdown? PC shipments of 14.1 million say that's the case.
Amazon earnings are out and the company grew revenue but shrunk profits -- a very Amazonian talent. So investors and analysts piled on the earnings conference call to get the scoop on how and why. Only, CFO Tom Szkutak wasn't really there to answer questions.
Amazon sales were up 22 percent to $21.27 billion in the fourth quarter of 2012, the company reported, or 23 percent higher if difference in foreign exchange rates are excluded. But net income was down 45% to only $97 million, or $0.21 per share, compared with $177 million in 2011.
Those are big numbers, but the even bigger implication is what this means for Apple's iPhone market share in the key U.S. market.
"We had a great finish to an excellent year, with fourth quarter results exceeding our expectations," said eBay president and CEO John Donahoe.
HP's Autonomy purchase is the gift that keeps on giving...
Remember when the fruity Cupertino, Calif. company used to be called Apple Computer? That seems a long time ago. A long, long time ago.
"Once is happenstance. Twice is coincidence. Three times is enemy action."
