Microsoft exceeds $100 billion in revenue for first time ever

Microsoft has surpassed $100 billion (all figures USD) in revenue for the first time in its history, thanks to the continued success of its cloud services. For the fourth quarter of 2018, the

Published on: July 20th, 2018 Meagan Simpson

Twitter boasts second straight profitable quarter, adds 6 million new users

After failing to add any new users in last year's fourth quarter, Twitter Inc. added 6 million new users during the first quarter of 2018 while posting revenue growth of 21 per cent.

Published on: April 25th, 2018 Alex Coop

HPE begins 2018 with a strong start

It's been a good start to 2018 for Hewlett Packard Enterprise Co., the company said during its first-quarter earnings call of 2018. During the fiscal quarter ending on Jan. 31, HPE’s revenue went

Published on: February 23rd, 2018 Alex Coop

Twitter struggles to gain new users while revenue jumps

Twitter’s total number of monthly active users showed no increase from the previous quarter, but its overall revenue certainly did. Despite a stagnant number of monthly active users - 330 million to be

Published on: February 8th, 2018 Alex Coop

Microsoft’s cloud services drove the company’s Q2 growth

Led by Azure, Microsoft’s cloud businesses helped the company reach a strong 2018 second quarter. Azure revenue grew 98 per cent during the quarter, on par with previous quarters, and while Microsoft didn’t

Published on: February 1st, 2018 Alex Coop

Apple’s iPhone 5S a bright spot in overall earnings decline

Apple Inc. has released sales numbers for the fourth quarter of 2013, saying it has sold 33.8 million iPhones, 14.1 million iPads, and 4.6 million Macs. Compared to the same period last year,

Published on: October 28th, 2013 Candice So

RIM posts $235 million Q2 loss

Research in Motion's second quarter earnings beat the Street on Thursday but not by enough to quell pessimism about the company's longterm future. The Waterloo, Ont. maker of BlackBerry smartphones and PlayBook tabletsposted

Published on: September 27th, 2012 Christine Wong

Salesforce.com set to announce new product featuring Radian 6

Salesforce.com CEO Marc Benioff indicated during a quarterly earnings conference call a major product launch is in the works that will tap Canadian acquisition Radian 6’s social analytics technology, according to Forbes.The Halifax-based

Published on: August 24th, 2012 Brian Jackson

Earnings miss raises question: is Apple too reliant on iPhone?

Apple's stock fell in after hours trading following its fiscal third quarter financial results announcement.The stock closed at $600.92 just before the company announced itsfinancial results for its third fiscal quarter of 2012,

Published on: July 25th, 2012 Karen Haslam

RIM posts $518 million Q1 loss, cuts 5,000 jobs, delays BB10

Reseach In Motion saw revenue plunge 33 per cent in the quarter ending June 2 to $2.8 billion compared to the previous quarter, causing it to suffer a net loss of $518 million,

Published on: June 28th, 2012 Howard Solomon

Facebook profit falls in advance of IPO

Facebook announced on Monday that its total revenue rose 45 percent year over year in the first quarter of 2012, but its profit fell 12 percent.Facebook boosted revenue fromUS$731 million in the first

Published on: April 24th, 2012 Cameron Scott

RIM’s NFC smartphones to get new iris biometric security feature

Just a few days before its fourth-quarter results are due, Research In Motion Inc. has unveiled a new eye-scanning biometric security feature today for BlackBerry smartphones that are already equipped with near field

Published on: March 26th, 2012 ITBusiness Staff

Intel earnings up, future uncertain

Net income for the quarter was US$2 billion, or $0.35 per share, up from $1.8 billion, or $0.30 per share, in the same period last year. Analysts polled by Thomson Financial had expected

Published on: October 15th, 2008 Nancy Gohring