Yesterday Yahoo! (NASDAQ:YHOO) announced Q2 results which managed to meet the market’s expectations but did not do much to boost the stock. Revenues of $1.57 billion declined 13% over the year and 6% on a constant currency basis. EPS grew by a cent to $0.10 against the market’s expected $0.08.
Yesterday Texas Instruments (NYSE:TXN), a leading semiconductor company with annual revenue of $12.5 billion, reported second quarter results that beat estimates and gave positive guidance for the third quarter. After Intel’s encouraging results last weeks, this is another shot in the arm for the semiconductor sector. Let’s take a closer look.
Last Thursday Nokia (NYSE:NOK), the world’s leading mobile phone vendor with annual revenue of €50.7 billion, reported declines in its sales, profits, margins, and market share in its second quarter results. The company also cut its 2009 outlook for market share as it faces tough competition in the high-end smartphone sector from Apple, RIM and
After Intel’s strong results this week, yesterday IBM (NYSE:IBM), the world’s leading computer services provider with annual revenue of $103.6 billion, reported a strong second quarter and also increased its 2009 earnings outlook. IBM has benefited from its strategic transformation towards Smarter Planet solutions, business analytics and cloud computing. Let’s take a closer look.
Google’s Q2 results, announced yesterday, exceeded expectations but failed to bring much cheer to the online ad market. Revenues of $5.52 billion grew a meager 3% over the year but did exceed the market’s expected $5.49 billion. EPS of $5.36 also surpassed the expected $5.09.
After a long wait, Adobe Systems Incorporated (NASDAQ:ADBE), the leading maker of creative applications with annual revenue of $3.58 billion, is releasing the Adobe Flash for mobile phones in October of this year. While the new Palm webOS, Symbian S60, Android, and Windows Mobile operating systems should benefit from this popular application becoming available on
Yesterday, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported better-than-expected second quarter results, raising hopes that the PC industry is on its way to recovery. It also provided a forecast that topped estimates. Let’s take a closer look.
Yesterday in its fourth quarter results, 3Com (NASDAQ:COMS), a top networking player, reported that it swung to profit and beat estimates, but with the continued decline in sales to its former partner Huawei, the company’s first quarter forecast missed estimates. Let’s take a closer look.