It was sadly predictable, especially after the exact same thing happened last October when Google released their free turn-by-turn navigation. Cheer up though TomTom and Navigon – at least you’ve got iPhone apps, right? Oh. [Yahoo Finance via TechRadar]
HP reported their quarterly earnings today, and managed to beat expectations across the board, almost half a billion dollars above analyst predictions. Due to the positive news they’ve ramped up expectations for 2010 by $US1-2 billion. Suck it, recession! [ZDNet]
Microsoft’s earnings don’t look rosy: Revenue’s down 14 per cent from last year, at $US12.92 billion, and net income’s down 18 per cent, to $US3.57 billion. But, that’s way better than anybody was estimating, which sent their stock up. Until CNBC screwed up the numbers, and immediately tanked the stock, costing people a lot of money. Fun time! [Microsoft, Alley Insider]
AT&T’s quarterly earnings are out, and we have a crazy stat for you: Of 4.3 million new phones activated by AT&T last quarter, 3.2 million were iPhones — that’s 74 per cent. More »
Apple’s stock has hit a personal high for the company at $US205.04 per share, up from its previous high of $US202.96 back in 2007. The company’s overall value is rated at $US183 billion (Microsoft is $US236 billion, in comparison). [BusinessWeek]
