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Apple profit hits new high, iPhone-iPad sales soar

Customers visit the Apple store at The Grove on January 23, 2013 in Los Angeles, California. Apple reported $54.5 billion in revenue, just shy of Wall Street estimates; $13.1 billion in profit, flat from the year-ago quarter; and earnings of $13.81 per share. Kevork Djansezian/Getty Images/AFP

Apple on Wednesday reported that its quarterly profit hit a new high as iPhone and iPad sales soared to unprecedented levels in the final months of last year.

Posted: January 24th, 2013 in Gadgets,Latest Technology Stories,Photos & Videos | Read More »

Google shares dip as earnings fall short

AP file photo

Google shares dipped sharply in after-hours trading on Thursday after the Internet search giant’s quarterly earnings fell short of the expectations of Wall Street analysts.

Posted: January 20th, 2012 in Latest Technology Stories | Read More »

MySpace may trim down to win suitors

SAN FRANCISCO–Reports surfaced on Friday that faded social networking star MySpace may cut more staff to be attractive to suitors. A Wall Street Journal report cited unnamed sources as indicating News Corp. might make MySpace leaner for potential buyers including music video service Vevo, China-based Internet company Tencent, and private equity firms. News Corp. has [...]

Posted: April 9th, 2011 in Latest Technology Stories | Read More »

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