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Microsoft beat expectations with strong Windows revenue, but Xbox had a rough quarter

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Enlarge / The 13.5-inch Microsoft Surface Laptop 3. Microsoft beat analyst expectations in its quarterly earnings report, achieving $33.06 billion in revenue in the start of its first 2020 fiscal quarter (which ended September 30) compared to a projected $32.23 billion. That’s a 14% increase over the same quarter the prior year. Much of the […]

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Despite chip supply problems, Intel posts record revenue, buoying shares

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Intel Corp. is enjoying a bit of the limelight today after posting strong third-quarter earnings and guidance for the next three months that easily beat expectations. The chipmaker reported a profit before certain costs such as stock compensation of $1.42 per share on record quarterly revenue of $19.2 billion. That was well ahead of Wall Street’s expected

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Xilinx slumps on weak guidance due to Huawei ban

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Computer chipmaker Xilinx Inc. spooked investors today after saying its current-quarter revenue will likely fall well short of expectations. The company said it’s expecting third quarter revenue of between $710 million to $740 million, some way short of Wall Street’s forecast of $844.9 million. The reason? The ongoing trade war between the U.S. and China,

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Netflix turns decline upside down with help from Stranger Things

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After a scary quarter that showed Netflix could be facing serious challenges ahead, hit series such as Stranger Things helped bolster its numbers. In July, shares in Netflix tumbled after its earnings report for Q2 showed overall subscriber growth was almost half of its expected figure, with the streaming service losing a total of 126,000

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Salesforce Revenue Proves That 2 Heads Are Better Than 1

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For five years, Salesforce (CRM) has relied on the combination of co-founder and CEO Marc Benioff, and Chief Operating Officer Keith Block, who was recently promoted to co-CEO. They’ve built the business into a $10 billion enterprise, and it appears they’re well on their way to $13 billion in fiscal 2019 revenue — as Benioff had predicted —

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