IBM Computer, Laptops and Servers

Back Homepage Content Directory Resource Guide Blog

Yahoo 2nd quarter revenue climbs 159%

Laptop Battery By Freddie Mooche

laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)

Thinkpad Yahoo! released its 2nd quarter results showing a 159 percent increase in revenue over the same period last year. Investors reacted negatively due to lower 3rd quarter estimates.

According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.

Microsoft Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our technology poll too!

Computer memory is the quickest, cheapest, and easiest way to improve the performance of your system. Find RAM memory upgrades for desktops, laptops, servers, and printers all backed by a lifetime warranty and guaranteed compatible with your computer. Shipping is an everyday low price of $1.99! Computer Memory Outlet sells memory compatible with all leading computer manufacturers like Dell, Apple, Compaq, HP, Sony, IBM, Lenovo, and many more.”

Laptop Computers Print This Page

Revenue climbed 36 percent to $388.5 million from $285.3 million a year earlier. The Sunnyvale, Calif.-based company said net earnings in the latest quarter included a partial reversal of a deferred tax asset valuation allowance of about $13 million. For the fiscal fourth quarter ending June 2, Palm forecast revenue of $400 million to $405 million and adjusted earnings per share of 22 cents to 23 cents. Analysts, on average, have forecast revenue of $395.7 million and earnings per share before items of 21 cents.

Laptop Computer July 8, 2004 (AXcess News) Sunnyvale CA - Yahoo! (Nasdaq: YHOO) released its 2nd quarter results showing a 159 percent increase in revenue over the same period last year. Investors reacted negatively due to lower 3rd quarter estimates. Share price fell 11% Thursday morning on the news.

(AXcess News) Yahoo! Corp ( YHOO) said its third quarter revenues increased 47 percent for the period, reporting revenues of $1.3 billion compared to $907 million for the same period a year ago. search Internet company said gross profit for the third quarter of 2005 was $810 million, a 41 percent increase compared to $574 million for the same period of 2004.

Desktop Computer Revenue for the quarter was $832 million--up 159 percent over the $321 million posted in Q2 2003. Analysts had expected Yahoo to earn 7 cents to 10 cents a share on revenue of between $590.6 million and $627.5 million, according to Reuters Estimates. Yahoo posted a net profit of $112.5 million, or 8 cents a share.Yahoo was bullish in its annual estimates, giving a higher annual forecast. But tech pundits cautioned investors, saying the web search company's shares had rallied 35% over the last quarter and that investors should expect a pullback.

Notebooks Economic fears sent Amazon (NASDAQ: AMZN) and Ebay (NASDAQ: EBAY) shares tumbling, which may have fueled some of the sell off in Yahoo.Gross profit for the second quarter was $535 million, compared to $275 million for the same period of 2003.Advertisement

Lenovo Operating income for the second quarter was $149 million, compared to $63 million for the same period of 2003.

Hard Drive Terry Semel, chairman and chief executive officer said, "Yahoo!'s second quarter results represent another record quarter for the Company and demonstrate continued execution of our core priorities."

Travelstar "Yahoo! is benefiting from its diverse and balanced sources of revenue, which have well positioned the Company to deliver strong, consistent, and profitable growth," said Susan Decker, chief financial officer.Decker's department released estimates for the third quarter and full year, estimating revenue of between $610 to $650 million in the third quarter and $2,455 to $2,535 million for the full year.

Gateway Operating income before depreciation and amortization is estimated to be $230 to $255 million for the third quarter and $945 to $995 million for the full year.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

[ Comment, Edit or Article Submission ]

Share this:

Add To Yahoo MyWeb Add To Google Bookmarks Add To Furl Fav This With Technorati Add To Newsvine Add To Bloglines Add To Ask Add To Windows Live Add To Slashdot Stumble This Digg This Add To Del.icio.us Add To Reddit

More about:

Nov December 2008 Jan
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

IBM Computer, Laptops and Servers Blog on Technorati Related Blog of IBM Computer, Laptops and Servers on Sphere
Content Directory
Resource Guide


Symantec AntiVirus Security and Storage Solutions

Website Links
IBM Computer, Laptops and Servers Copyright © 2008 www.ibmfans.com. All rights reserved. Site Map
Homepage | Blog | Advertise | Privacy Policy | Disclaimer | Contact Us | Links