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Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected

Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected

Feng Li/Getty Images(NEW YORK) — Apple Inc. (NASDAQ: AAPL), the world’s most valuable company, reported lower-than-expected fourth-quarter earnings Thursday because it’s having trouble keeping up with demand for its market-leading products.Inventory i…

Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected

Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected

Feng Li/Getty Images(NEW YORK) — Apple Inc. (NASDAQ: AAPL), the world’s most valuable company, reported lower-than-expected fourth-quarter earnings Thursday because it’s having trouble keeping up with demand for its market-leading products.Inventory i…

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Facebook Celebrates Positive Third-Quarter Earnings

Facebook Celebrates Positive Third-Quarter Earnings

Peter Foley/Bloomberg via Getty Images(MENLO PARK, Calif.) — Facebook stock has disappointed lots of investors, but now its earnings have some smiling. With a revenue of $1.3 billion, Facebook reported better-than-expected third-quarter earnings Tuesd…

Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week

Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week

Hemera/Thinkstock(NEW YORK) — The markets open Monday after what was a mostly a rough week for stocks.The Dow was up two points at the Friday’s closing bell, the Nasdaq was down five and the S&P off four. Lots of earnings reports will be released …

Facebook: New Mobile Products Coming, No Facebook Phone

Facebook: New Mobile Products Coming, No Facebook Phone

Justin Sullivan/Getty Images(NEW YORK) — While Facebook’s earnings call was full of revenue generating strategies, including an increase in sponsored stories, Facebook COO Sheryl Sandberg and CEO Mark Zuckerberg stressed the company’s upco…

FB Earnings: Facebook Beats Sales Estimates; Shares Rise

FB Earnings: Facebook Beats Sales Estimates; Shares Rise

Facebook(NEW YORK) — Facebook (Nasdaq: FB), after its disastrous initial share offer in May, issued its first earnings report as a public company today, topping analyst expectations for sales at $1.184 billion and meeting profit estimates. “Our goal i…

Facebook to Announce Second-Quarter Results

Facebook to Announce Second-Quarter Results

Justin Sullivan/Getty Images(NEW YORK) — Facebook (Nasdaq: FB), after its disastrous initial share offer in May, will issue its first earnings report today when the markets close. Investor attention will focus on how much the social network made in ad…

CEO of Lenovo Gives $3 Million in Bonuses to Employees

CEO of Lenovo Gives $3 Million in Bonuses to Employees

Lenovo(NEW YORK) — Lenovo CEO Yang Yuanqing has decided to use a $3 million bonus he received for the company’s record-setting year to reward thousands of the company’s rank-and-file employees.The 47-year-old gave around 10,000 employees w…

Want More Money? Move to the Mid-Atlantic or New England

Want More Money? Move to the Mid-Atlantic or New England

Nick M Do/Getty Images(NEW YORK) — Want to get richer during your lifetime? Live in New York, New Jersey or Maryland, according to a groundbreaking study released Thursday by the Pew Center on the States. People living in the Mid-Atlantic and New Engl…

Apple Reports Blowout Profits Again on iPads, iPhones

Apple Reports Blowout Profits Again on iPads, iPhones

Kevork Djansezian/Getty Images(NEW YORK) — Apple announced strong second-quarter earnings Tuesday, beating Wall Street estimates and easing worries that the tech giant may be losing steam.Apple said that profit nearly doubled to $11.6 billion, or $12….

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