Unless you are a stockholder, then earnings announcements rank just above watching paint dry when it comes to exciting news. That being said, it's also a good time for companies to dish out some numbers on their various products. Microsoft today announced earning for it's FY11 Q2 where they saw growth rates of 5% in revenue per share and 4% for earnings per share. Full details … [Read more...]
Motorola today announced financial results for their first quarter with shrinking market share and dismal cellphone sales. Motorola reported a 39% drop in handset sales to 27.4 million units. Mobile devices accounted for losses of $418 million on sales of $3.3 billion. Earlier this month, the company decided to split into two companies, essentially jetisoning the … [Read more...]
Motorola reported their 2nd quarter earnings and revenue that beat Wall Street's predictions. Moto Q sales eclipsed 150,000 units during the first 30 days it was on sale. The company also forecast higher than expected revenue for the third quarter, sending its shares up 5.5 percent in after-hours trading. Schaumburg, Illinois-based Motorola said net income rose to … [Read more...]
