News from Apple is often big news. Apple released its second quarter results yesterday. Revenue was $7.51 billion, down 22% q-o-q and up 42% y-o-y driven by strong demand for Macs and the ever-popular iPhone. Net income was $1.05 billion, or $1.16 per diluted share, up 36% y-o-y. International sales, which were 44% of the
Located in Bangalore, India, TutorVista provides scheduled and on-demand tutoring to students all over the world. In an attempt to penetrate the $2.5 billion-a-year private tutoring market in the US, Krishnan Ganesh founded TutorVista in 2005, which has grown to include over 100,000 registered users, although the actual number of students tutored by the company
I said earlier upon Meg Whitman’s departure that eBay has a bounce back opportunity ahead. As their new CEO, John Donahoe, announced Q1 results today, they exceeded market expectations on all counts. Q1 revenues of $2.19 billion and EPS of $0.42 were higher than analysts’ views of $2.08 billion revenue with $0.39 EPS.
By Michael Kanazawa, Guest Author Dell just announced a massive change in direction that may leave a mark as meaningful as when Ford shifted the market from individual coach-builders to mass production. It’s not exactly the same situation, but it is a shift in manufacturing and business model that makes a huge statement about social
By Vijay Nagarajan, Guest Author As part of our coverage of the mobile chip vendor space, we looked at Qualcomm, InterDigital, Broadcom and Texas Instruments in great detail. We now move on to another interesting and aggressive fabless semiconductor company – Marvell Technology group. Earlier coverage on Marvell can be found here, here and here.
By Dominique Trempont, Guest Author For the last couple of years, we saw an unprecedented wave of private equity deals. Even though the current debt crisis is drying up some of Private Equity’s easy cash source, there are opportunities for savvy investors in the midst of the current chaos.
While we’ve been on the topic of seed funding, Techcrunch is reporting the launch of a new seed fund at Stanford.
By Vijay Nagarajan, Guest Author In the previous article, I discussed what an acquisition of InterDigital can do to TI. What then will happen to the cellular industry and the 3G value chain?