financials
Business
Microsoft Profit Down 18%, Which Is Better Than Anybody Expected
2:47AM Matt Buchanan | 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]
Business
AT&T Sells More iPhones Than Ever Before
11:10PM Mark Wilson | 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 »
Business
Apple Stock Hits All-Time High, Flaunts Recession
2:58PM Dan Nosowitz | 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]
Business
