Wednesday, November 4, 2009
NetSuite Beats Street by a Penny
Investors expecting NetSuite to break even on a per-share basis for its third quarter were given a pleasant surprise this afternoon when the company beat estimates by a penny.
Investors expecting NetSuite to break even on a per-share basis for its third quarter were given a pleasant surprise this afternoon when the company beat estimates by a penny.
Oracle shares are slipping after market trading today on news of the company’s latest financials. Seems that while Oracle’s earnings were in line with the Street’s expectations, sales were not.
Sun Microsystems’s last quarterly report as an independent company was about as miserable as earnings reports get. No surprise, then, that the company didn’t bother to issue a press release or hold a conference call with analysts to discuss them.
The econalypse has been particularly unkind to Seagate Technology. The hard-drive manufacturer posted a fiscal fourth-quarter loss Tuesday, its third in a row. Weighed down by restructuring charges, Seagate reported a loss of $81 million, or 16 cents a share, compared to net income in the same quarter last year of $160 million, or 32 cents a share.
Investors expecting Oracle to post fourth-quarter earnings of 44 cents per share based on analysts’ guidance received a welcome surprise today when the company reported earnings that were two cents per share better.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!