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Revenue articles

HP rumored to be considering company "break up"

In 2011, former CEO Leo Apotheker proposed jettisoning HP's iconic PC business -- a division which suffers from notoriously anemic profit margins -- in an attempt to return HP to greater profitability. Although Apotheker's successor, Meg Whitman, canned that idea,…

Facebook profits tumble due to heavy mobile spending

Facebook has released fourth quarter and full year financial results for the period ending December 31, 2012. The social network reported $1.59 billion in revenue, topping Wall Street estimates with a healthy 40 percent year over year increase. Profit, however,…

Mobile helps boost eBay's revenue 18% last quarter, 21% on-year

Topping analyst expectations of $0.69 per share on $3.976 billion revenue for the fourth quarter, eBay has posted earnings of $0.70 a share ($927 million) on $4 billion for the recently passed period, marking an 18% boost in revenue from the same time in 2011. Likewise, the company...

PC shipments fall for first time since 2001

We've been hearing about a supposed post-PC era for some time now while tech pundits have continued to bandy about once unfathomable ideas like the death of PCs. And although PC manufacturers have struggled, the real-world results of hundreds of…

HP bumps layoffs up to 29,000, plans to invest more into R&D

In May, HP announced it would be cutting 27,000 jobs worldwide or about seven percent of its total workforce. However, yesterday ZDNet broke down HP's 10-Q quarterly SEC filing which spells out the elimination of 2,000 more jobs than previously stated, making for…

Dell and HP report poor second quarter results

Dell has posted second quarter financials and the prognosis is pretty bleak. The PC business posted revenues of $2.6 billion which is 22 percent less than the same time period last year. The overall picture isn’t as bad, however, with…