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While Apple enjoyed record profits and Samsung inches closer to the red, last quarter for Google was good – but not amazing. According to its most recent financial reports, the company pulled in $18 billion in revenues in the last quarter alone, with $66 billion in revenue for the 2014 calendar year. While those numbers … [Read more...]
Today, Foursquare, the location-based services company, announced that it's opening up its advertising platform to 1.5 million merchants in an effort to generate revenue for the company. Foursquare has long been a darling of social media with its check-in system, but was said to be on the verge or bankruptcy prior to its … [Read more...]
Gumroad, the web based payment service that makes it super simple to sell digital content and goods, recently announced the launch of its brand new subscriptions feature. Content creators can use Subscriptions to power a course with daily lessons, a weekly article, a monthly film series, yearly access to a content … [Read more...]
What's one thing Samsung and Apple have in common? Wall Street isn't currently impressed by either of them. Despite both companies having record breaking quarters in terms of revenue and profit, both tech giants are not receiving much love from Wall Street. In fact, Samsung's second quarter guidance which was released … [Read more...]
LinkedIn shares rallied to a record high as its revenue and profits soared. The biggest online professional-networking service also said it is raising subscription prices as more job seekers flock to its site. LinkedIn’s revenue jumped 81 percent to $303.6 million, ahead of analyst estimates of $279.7 million. Profit … [Read more...]
Facebook may have beat earnings estimates and surpassed 1 billion users, but investors are still unsure about the company's ability to grow profits. The company reported fourth quarter earnings of 17 cents a share, excluding certain items, beating analyst estimates of 15 cents a share. Revenues were $1.59 billion, … [Read more...]
Yesterday it was Apple's turn to release its earnings, and today it's Microsoft's. Microsoft's financials for the second fiscal quarter of 2013 were actually pretty solid, the company posted revenue of $21.46 billion and net income of $6.38 billion, with earnings per share of 76 cents. Which for the most part is exactly … [Read more...]
Apple's stock fell back below $500 per share in after-hours trading after the company reported revenue and iPhone sales that fell short of analyst expectations for its fiscal first quarter. The company reported earnings of $13.81 per share, beating analyst estimates of $13.47 per share. Revenue fell short of analyst … [Read more...]
In a blog post, Hulu CEO Jason Kilar, announced a very big 2012 for Hulu with $695 million in revenue, which is a 65% increase in growth from 2011 (see charts below). The post also outlined that Hulu now has more than 3 million paying Hulu Plus subscribers. A number which is more than double that of the 2011's paying … [Read more...]
The newly launched iAds service by Apple so far seems to be a real cash cow for developers. Jason Ting the developer of LED Light for the iPhone, which lets you turn your iPhone 4's flash, into an LED flashlight is doing fairly well with iAds. The free version of his app is using iAds and he just posted some pretty … [Read more...]
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