Mark Zuckerberg described Facebook today as a “mobile company,” but he has a long way to go to prove that mobile is a viable business. Zuckerberg’s opening statements on Facebook’s earnings call lasted about seven and a half minutes, and...
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Facebook CEO Mark Zuckerberg expressed optimism about mobile, but the numbers aren't there yet.
Facebook Is a ‘Mobile Company,’ But Is That a Good Business?
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Apple CFO Peter Oppenheimer said changes to how it reports earnings forecasts are designed to increase transparency.
Apple Shuts Down Reality-Distortion Field on Earnings Forecasts
For 34 consecutive quarters beginning in April 2003, Apple easily beat analysts’ estimates on its earnings per share. Then on Oct. 18, 2011 — less than two months after Tim Cook took over as chief executive officer — Apple missed....
Read more »Apple’s Cook Comments on Rumors About Orders for IPhone 5 Parts
On Apple’s earnings call today, Chief Executive Officer Tim Cook commented on rumors in recent days that the company had slashed orders for iPhone 5 parts, which suggested lower-than-expected demand for the device. He said those rumors, if you’ll allow...
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A Twitter account for “Pending Larry” was quickly created. It has more than a thousand followers.
Move Over ‘Bindersfullofwomen,’ Here Comes ‘PendingLarry’
In an age when no public gaffe goes untweeted, it didn’t take long for the premature release of Google’s earnings to spark sarcasm from the social media world. The filing was clearly in draft form, the best evidence being a...
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Apple has sold 67 million iPads in the two years it’s been on the market.
Apple CEO: You Can Merge Toaster, Fridge, But It Won’t Be ‘Pleasing’
On today’s earnings call, Apple CEO Tim Cook was asked by Sanford Bernstein analyst Toni Sacconaghi whether Apple would come up with some kind of tablet-laptop hybrid, so consumers would only need to carry one device. Cook, who is known...
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Photographer: Aleshkovsky Mitya/Itar-Tass/Landov
Groupon said today that its fourth-quarter financials, as disclosed last month, were weaker than previously reported.
So … What’s Groupon Talking About?
Even when Groupon tries to explain itself, the company can be confusing. The daily-deals provider said today that its fourth-quarter financials, as disclosed last month, were weaker than previously reported. The first question that a reader is likely to ask...
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Photographer: Jonathan Alcorn/Bloomberg
HP CEO Meg Whitman spoke with analysts today about her company's outlook.
HP’s Whitman Says Turnaround Could Take ’3 or 4 or 5 Years’
Years of R&D cuts and shifting strategies have left Hewlett-Packard in rough shape. How rough? Today, CEO Meg Whitman gave Wall Street its first sense of how long HP’s problems may take to fix. Whitman, who became CEO in September,...
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