SmartPhones Driving At ATT, VZ

This week, the US Telecom industry’s leading providers, AT&T and Verizon, reported their results. Let’s take a closer look as these carriers’ performances are a telling indication of the health of the industry in the wake of the tough economic conditions.

EMC Cautious

EMC, the $23.4 billion storage technology company, announced their Q4 earnings yesterday. Revenues for the quarter came in at $4.02 billion, growing 5% over the year, with non-GAAP EPS of $0.32. The current quarter ended EMC’s run of 21 consecutive quarters of double-digit revenue growth.

Yahoo! Looks Forward With Bartz

Eight days since Carol Bartz became the CEO of Yahoo! and already she needed to defend the company’s lackluster Q4 results, which were in stark contrast to its competitor Google’s impressive performance.

Anxious AMD

On January 22, Advanced Micro Devices Inc. (NYSE: AMD) reported disappointing Q4 and fiscal year 2008 results, with a ninth straight quarterly loss that was wider than expected. Already reeling under internal problems, the economic crisis is not just the straw, but rather a rock that is breaking the camel’s back.

Nervous Nokia

On January 22, Nokia reported fourth quarter results that missed analyst estimates due to weak consumer spending, currency volatility and credit tightness. Nokia had earlier warned that it is experiencing weak demand, but the actual impact of the dismal global economy was far greater than expected. Q4 profit slumped to the lowest level since 2001,

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Microsoft Also Needs Cleaning Up

Microsoft’s (MSFT) woes continued this quarter as was evident from their Q2 results announced yesterday. Q2 revenue of $16.6 billion recorded annual growth of only 1% and sequential growth of 10%. The market was looking for revenue of $17.1 billion. EPS of $0.47 was also 2 cents shy of the market’s expectations. EPS dropped one

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Google Needs To Tighten Up

Google’s (GOOG) Q4 earnings, reported yesterday, exceeded market expectations. Revenue of $5.7 billion grew 18% over the year and 4% sequentially. EPS of $5.10 represented 15% annual growth and 4% quarterly growth. The market was expecting revenue of $5.6 billion and EPS of $4.95. Profits, however, fell year over year. Net income for the three months

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Apple Beats Estimates

Yesterday, Apple reported strong first quarter results that were driven by strong Mac sales and better-than-expected iPod sales. After IBM’s results this week, it is now Apple’s turn to beat analyst estimates and its guidance of last quarter. As usual, its outlook was short of analysts’ estimates.