
What a nice way to top off an already big week.
Posting first-quarter financials before market opening this morning, Microsoft said it earned 40 cents a share on revenue of $12.92 billion, besting analyst estimates that had called for a profit of 32 cents a share and revenue of $12.4 billion.
Nonetheless, the software giant still saw both profits and revenue decline for the third quarter in a row.
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Toshiba has seen the future of television: A 55-inch, liquid-crystal display jacked into a three-terabyte set-top box capable of displaying eight high-definition broadcasts at once. What is this TV among TVs, this holy grail of couch potatoans called? The Cell Regza 55X1. And it costs $11,115.
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Get ready for metered broadband. Speaking at the FTTH Conference and Expo in Houston Tuesday, Verizon Communications CTO Richard Lynch said the broadband industry is headed toward a pricing paradigm shift that will see it embrace the usage-based pricing common to the wireless broadband industry.
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The total cost of all 55,732 apps in Apple’s iTunes App store as of Monday, July 6? $144,326.06, according to the folks at metrics outfit Busted Loop, who note that the average app price is about $2.59, if you don’t include free apps.
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Motorola’s first-quarter results came in stronger than expected, although that’s not saying much because the situation at the ailing wireless handset maker appears to be increasingly dire. Motorola shipped about 19.2 million handsets in its fourth quarter. In its latest quarter, the company shipped just 14.7 million handsets, down 23 percent from the previous one.
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American Airlines domestic passenger jets are fast becoming a fleet of airborne Wi-Fi hotspots. After a successful six-month pilot program on 15 planes, the airline will expand its in-flight Wi-Fi service to 300 more over the next two years.
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