Tuesday, February 1, 2011

Amazon.com

Amazon.com

Largest online retailer in the world missed revenue target uncharacteristically Wall Street in the fourth quarter.


Amazon CEO Jeff Bezos noted that the company has reached two important milestones in the quarter: breaking $ 10 billion in quarterly revenue for the first time, and sell more eBooks from Amazon Kindle device paperbacks.


Net income reached r $ 416 million, or 91 cents per share. In the same period last year, Amazon won $ 384 million, or 85 cents per share.


Revenue jumped 36 percent to $ 12. 95 billion, but analysts expect $ 13.02 billion.

Time Warner Cable Inc.

The second largest operator of cable television has increased its quarterly dividend U.S. 20 percent and earned a profit that beat analysts ' estimates, adding customers and sell more expensive products. Fourth quarter net income rose to $ 392 million, or $ 1.09 per share of $ 322 million, or 91 cents, a year before, the New York company said in a statement Thursday.

Microsoft Corp.

The largest software maker said analysts ' estimates of second-quarter profit topped as enterprise customers bought more Office programs and the server and consumers bought Xbox Kinect motion sensors. Net income was $ 6.63 billion, or 77 cents a share, compared to Microsoft 6.66 billion, or 74 cents, a year earlier, said in a statement. Sales increased by 4.9% to $ 20 billion.


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