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EarningsGoogle Reports 46% Surge in Q3 ProfitsAuthored by Mark Hefflinger on October 18, 2007 - 1:25pm.
 Mountain View, Calif. - Continuing to take advantage of the rapid growth of online advertising, Google on Thursday reported a 46% jump in third quarter profits.
Activision to Take $67 Million Charge Over Stock Option GrantsAuthored by Mark Hefflinger on May 3, 2007 - 1:36pm.
Santa Monica, Calif. - Video game publisher Activision said on Thursday that it expects to record a charge of $67 million to account for errors in its stock option granting practices from 1994-2006. RealNetworks' Music Revenue Up 18% in Q1; Subscribers Hit 2.67 MillionAuthored by Mark Hefflinger on May 3, 2007 - 12:30pm.
Seattle - RealNetworks, a provider of media delivery technology and subscription services, said it saw an 18% increase in digital music revenue in the first quarter of 2007, to $34.1 million, ending the period with a total of 2.67 million subscribers, up from 1.57 million a year ago. Google Nearly Triples Quarterly ProfitAuthored by Mark Hefflinger on January 31, 2007 - 12:02pm.
Mountain View, Calif. - In what has become a quarterly ritual, Google on Wednesday again surpassed analyst expectations by posting a fourth quarter profit that nearly tripled its figure from a year ago. tags: Internet | Marketing | Advertising | Investing | Search | Google | Earnings | Portals | Stocks | Financials |
Shares of Apple Level Off After Thursday's SlideAuthored by Mark Hefflinger on January 19, 2007 - 10:06am.
Cupertino, Calif. - Shares of Apple began to level off on Friday, one day after plummeting 6% after the company released second-quarter estimates that fell below analysts' expectations. Analysis: I Would Not Worry Too Much About Apple’s Cautious OutlookAuthored by Jay Baage on January 17, 2007 - 7:09pm.
 Apple’s stock tumbled in after-hours trading on Wednesday in response to Apple’s conservative guidance for the next quarter, a traditionally tough one for the company. However, record earnings for the first quarter and a steady hold of the digital music market, as well as new products in the pipeline – such as the Apple TV wireless media hub set to ship in February and the much hyped iPhone cellular phone due to hit the market in June – things are looking pretty good for CEO Steve Job right now. The question is what will happen to Apple after he is gone?
Apple Reports Record Q1 Profits, But Outlook Disappoints MarketAuthored by Jay Baage on January 17, 2007 - 5:51pm.
 San Jose, Ca - Apple, with CEO Steve Jobs, on Wednesday reported that earnings for the fiscal first quarter rose 78 percent because strong holiday sales of its iPod music players and Mac computers. The record profit of $1 billion, as compared to $565 million for the same period last year, beat Wall Street estimates. However, the second-quarter outlook fell below analyst expectations because of slightly lower gross margins and slower expected software sales as customers wait for the new Leopard operating system to be released later this spring.
THQ Raises Outlook, Citing Strong Holiday Video Game SalesAuthored by Mark Hefflinger on January 11, 2007 - 9:30am.
Shares of XM Radio Level Off Following Wednesday's SurgeAuthored by dmw on January 4, 2007 - 10:04am.
 Washington, DC - Shares of DC-based XM Satellite Radio leveled off a bit on Thursday, a day after surging more than 5% when rival Sirius announced that it expects to end the year with more than 6 million subscribers. Investors also reacted favorably to reports that Sirius will achieve its first quarter of positive cash flow in the fourth quarter.
Sirius Hits 6 Million Subscribers and First Cash Flow Positive QuarterAuthored by Jay Baage on January 3, 2007 - 12:32pm.
 New York – Sirius Satellite Radio announced today that it finished 2006 with 6.02 million subscribers, up 82% from the previous year. However, as late as December 4, Sirius lowered its subscriber guidance to between 5.9 and 6.1 million subscribers, down from a previous projection of more than 6.2 million subscribers. The reason given was slower-than-expected sales after Thanksgiving.
tags: Radio | Audio | Satellite Radio | Subscribers | Metrics | Sirius | Investing | Earnings | Satellite | Stocks |
Struggling Atari Posts Slim Profit, but Revenues Fall 25%Authored by Mark Hefflinger on November 10, 2006 - 2:56pm.
New York - Atari, which recently announced plans for a stock split to boost its sagging share price above the $1 Nasdaq minimum, posted a slim second-quarter profit of $311,000, but revenues at the struggling game publisher fell 25% from a year ago.
Napster Narrows Loss, Sees Boost in Revenue, Site VisitorsAuthored by Mark Hefflinger on November 9, 2006 - 2:15pm.
Los Angeles - Napster has announced that its second-quarter net loss narrowed to $9 million, down from $13.6 million a year ago, while revenue was up 9% to $25.5 million. Unique visitors to Napster.com grew 42% in the quarter, which the company said will help grow its new ad-supported free music service.
Sirius Revenue Doubles on Strong Subscriber GrowthAuthored by Mark Hefflinger on November 8, 2006 - 1:04pm.
New York - Sirius Satellite Radio announced on Wednesday that its third-quarter revenue more than doubled, on strong subscriber growth.
tags: Radio | Audio | Satellite Radio | Subscribers | Sirius | Investing | Earnings | Satellite | Stocks |
RealNetworks Sees Profit Spike on Game Sales, Microsoft SettlementAuthored by Mark Hefflinger on November 7, 2006 - 3:37pm.
Seattle - Media delivery technology provider RealNetworks saw its shares rise nearly 10% on Tuesday, after the company reported a spike in third-quarter profit to $42.2 million, compared with $11.2 million in the same period a year ago.
tags: Games | Internet | Subscriptions | Audio | Music | Metrics | Investing | RealNetworks | Earnings | Stocks |
Shares of XM Surge 15% Following Positive Earnings ReportAuthored by Mark Hefflinger on November 6, 2006 - 7:22pm.
Washington - Shares of XM Satellite Radio jumped 15% on Monday after the provider of satellite radio service to more than 7 million subscribers reported a third quarter net loss that was far smaller than analysts had expected.
Nvidia Sees $150 Million Charge, Restatements Related to Stock OptionsAuthored by Mark Hefflinger on November 1, 2006 - 3:04pm.
Santa Clara, Calif. - Graphics chipmaker Nvidia announced on Wednesday that it expects to restate financial results for 2004 through 2006, along with selected statements for earlier years as well as the first quarter of 2007, to correct accounting errors resulting from its stock options granting practices.
Strong iPod, Mac Sales Boost Apple ProfitsAuthored by Mark Hefflinger on October 19, 2006 - 3:38pm.
Cupertino, Calif. - Buoyed by strong sales of its iPod digital music players and Macintosh computer, Apple on Wednesday posted better-than-expected quarterly results, including a 27% jump in net income. The company said that it sold 8.7 million iPods during the quarter, up 35% from a year ago, and had its best quarter ever in terms of Mac sales, with 1.6 million.
Google Profits Soar, Exceed Market EstimatesAuthored by Jay Baage on October 19, 2006 - 11:44am.
Mountain View, Calif. - Internet search giant Google on Thursday posted a 70% jump in quarterly profit to $733.4 million, and revenue almost doubled, to $2.69 billion. The results were at the top end of expectations on Wall Street and Google shares were up 7 percent in after-market trading.
TiVo Subscribers Up 24% to 4.4 Million; Loss Widens on Legal CostsAuthored by Mark Hefflinger on August 31, 2006 - 5:33pm.
Alviso, Calif. - TiVo, a provider of digital video recorder hardware, software and services, announced on Thursday that it now counts 4.4 million subscribers, a 24% increase from a year ago.
Shares of Satellite Radio Firm Worldspace Drop 31%; Hit 52-Week LowAuthored by Mark Hefflinger on August 10, 2006 - 1:06pm.
Silver Spring, Md. - A year after its initial public offering (IPO), the share price of Worldspace, a provider of satellite radio service to international markets, fell 31% on Thursday, reaching a new 52-week low of $2.26.
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Agoura Hills, Calif. - Video game publisher THQ on Thursday raised its sales and earnings outlook for its third quarter and the year 2007, citing strong holiday game sales.
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