results

Palm revenue craters as Treos fall out of favor

With revenue falling to dire levels, Palm may need a Christmas miracle to stay afloat next year.

The latest dose of bad news? Revenue for Palm's second fiscal quarter, which ended last week, will be just $190 million to $195 million, the company announced Monday ahead of its December 18th conference call. Wall Street analysts had been expecting Palm to record $331 million in revenue, an astonishing 41 percent gap caused by "reduced demand for maturing smartphone and handheld products," Palm said in a press release.

Last week Palm revealed plans to cut workers and refocus its … Read more

The 404 220: Where we finally endorse a candidate

Up until this point, The 404 has tried to remain nonpartisan (untrue), never officially endorsing a candidate, but that rule is chucked out the window on today's show. It's a big announcement that's literally no surprise to anyone, but we make it anyway. Lots of election talk today, mostly about free corporate-sponsored junk food you can get for voting. We also talk about GPS chastity belts, marital affair enablers, and the best position to take while docking your iPod Touch. Wilson, you dirty birdy, you.

I had every intention of forcing you to listen to today's show for our official political endorsement, but screw it, I'm going to do it right here and now. The pundits at The 404 have unanimously decided that Professor Charles Xavier is the best hope we have for our nation's successful future. His not-for-profit work with our world's gifted youngsters prove his social skills, his political prowess, and ultimately his potential to be an extraordinary leader in these desperate times. It's time for a change, and we completely believe that Charles Xavier's innate telepathic powers can grab us by the coattails and pull us our of our eight-year rut. Too long has Erik "Magneto" Lensherr been allowed to employ his Brotherhood of Mutants at the political expense of our fair country. We need a juggernaut in the oval office, and Professor X is our man.

The 404 is delighted to support Professor Xavier and also very pleased to see him choose Peter Nikolaievitch Rasputin as his Vice President. Peter, or "Colossus" as we've come to know him through the years, has proven his executive talent, toughness, and ability to knock through several layers of brick time and time again. The Prof X/Colossus team is an unstoppable one and we're excited to see what they can do in 2009. If you care about the welfare of this nation, please cast your vote for Charles Xavier and Colossus today.

Episode 220 Download today's podcast … Read more

Apple profit soars, but outlook 'challenging'

Updated throughout at 3:15 p.m. PT after Apple's conference call.

Apple's fourth-quarter profit soared past expectations on extremely strong sales of the iPhone, but revenue was a little light, and the company left itself a lot of wiggle room heading into what it called a "challenging" environment.

For the company's fourth fiscal quarter, or the period ended September 27, Apple reported revenue of $7.9 billion, compared with revenue of $6.2 billion in the same quarter last year. Net income was $1.14 billion, or earnings per share of $1.26. Analysts … Read more

Apple's report card less important than crystal ball

Apple's fourth quarter should have survived the economic chaos currently rounding the globe, but what Wall Street will care about Tuesday afternoon is its outlook on the future.

Despite a few more product glitches than usual, it's been business as usual at Apple during the past three months: strong Mac growth and steady iPod sales, with the added bonus of soaring iPhone sales this time around. But the company finds itself in a much different economic environment than last time Apple held an earnings conference call in July.

Will consumers who just watched the value of their retirement … Read more

RIM shares tank on lower profits for new BlackBerrys

For the second straight quarter, soaring earnings weren't enough to satisfy Research In Motion investors worried about the prospects of lower profits to come.

RIM reported its second-quarter results Thursday, posting an 88 percent jump in revenue and a 72 percent jump in net income compared to last year. The numbers, $2.58 billion in revenue and $495.5 million in net income, were roughly in line with the company's own expectations but slightly below those of financial analysts.

But RIM revealed that its gross margins will be lower than usual for the next several quarters as it … Read more

Make Google results less Googley, maybe even better

Have you noticed the ever-growing number of Google-owned sites that have crept into the search giant's results? Doing a Google search for Diet Coke and Mentos will take you to a results page where half of the items are videos on Google's two video sites: YouTube and Google Video. The same goes for millions of other search queries that are pulling from the ever growing number of Google sites and services.

Is there a problem here? It depends on what you were looking for in the first place.

Timo Paloheimo, a crafty developer/blogger from Finland, seems to … Read more

Live blog of Apple's third-quarter 2008 earnings call

If you've ever wondered what a corporate earnings call is like, but can't get away with listening to one for an hour at work, come back here for live coverage of Apple's third-quarter earnings call starting at 2 p.m. PDT. Here's a post with the basic numbers--they were good--and here's a link to Apple's Webcast if you want to listen along.

1:57 p.m. - The pre-call music on an earnings call is not as much fun as at Macworld or WWDC. The financial analysts must need soothing classical music to … Read more

Mac shipments set an Apple record

Updated 2pm PT with more details from the release.

Apple reported record Mac sales and one of its best third quarters ever, but its usual conservative guidance should set off the usual Wall Street craziness.

For the company's third fiscal quarter, which ended June 28, Apple reported $7.46 billion in revenue and net profit of $1.07 billion, equal to $1.19 per share. That far exceeds the company's own guidance for the quarter and also handily beats Wall Street's expectations of $7.37 billion and $1.08 per share.

Mac sales were about in line … Read more

What iPhone? Apple earnings (still) about the Mac

The Mac will reclaim its rightful place as the most important story inside the Apple universe when the company reports its third-quarter earnings later on Monday.

One could be forgiven for overlooking the Mac coming off a month of iPhone 3G madness, but the iPhone will have played a tiny role in determining the strength of Apple's quarter, which came to a close in June. Analysts expect another strong quarter from the company's Mac division to lead Apple to revenue of $7.4 billion and earnings per share of $1.08.

But, as always seems to be the … Read more