Thursday, April 22, 2010
Wednesday, April 21, 2010
Stock News April 21-1010
Qualcomm Inc., the biggest maker of chips that run mobile phones, forecast sales and profit that fell short of analysts’ predictions, signaling consumers may be opting for handsets that are less profitable for the company.
EBay Inc., owner of an e-commerce marketplace and the PayPal online payment service, forecast second-quarter profit that missed estimates after customers switched to competitors.
Netflix Inc. said first-quarter profit rose 44 percent as the movie subscription service added new users and boosted online offerings.
Net income advanced to $32.3 million, or 59 cents a share, from $22.4 million, or 37 cents, a year earlier, the Los Gatos, California-based company said today in a statement. Sales rose 25 percent to $493.7 million, meeting the average estimate of 24 analysts surveyed by Bloomberg.
EBay Inc., owner of an e-commerce marketplace and the PayPal online payment service, forecast second-quarter profit that missed estimates after customers switched to competitors.
Netflix Inc. said first-quarter profit rose 44 percent as the movie subscription service added new users and boosted online offerings.
Net income advanced to $32.3 million, or 59 cents a share, from $22.4 million, or 37 cents, a year earlier, the Los Gatos, California-based company said today in a statement. Sales rose 25 percent to $493.7 million, meeting the average estimate of 24 analysts surveyed by Bloomberg.
Subscribe to:
Posts (Atom)