Yesterday, Viacom told Wall Street that its third quarter had been better than most analysts expected. Today Time Warner delivered a similar report: Revenue was on track, but cost savings improved the bottom line. That won’t help hundreds of Time Inc. employees who face job cuts this quarter. Meanwhile, the company can’t ditch AOL soon enough: It has already spent $100 million prepping it for a spinoff this year.

Read More »

Google famously doesn’t give “guidance” to Wall Street analysts. But starting next month, the company will be giving them lessons via a series of “educational webcasts for investors and financial analysts.”

Best case scenario: This could be a huge help to people who pay attention to the search giant for a living but who remain baffled about some of the most basic parts of its business. So if you know anyone like that (ahem), make sure he tunes in.

Read More »

When videogame sales tank, what happens to sales at the world’s biggest videogame retailer? The answer shouldn’t be a surprise, but somehow the performance that Gamestop put in this morning managed to catch Wall Street off guard anyway.

Read More »

This is now an Apple earnings-call tradition: Analysts try their hardest to convince Apple executives to express interest in the booming market for cheap netbooks and Apple executives make it perfectly clear how much disdain they have for netbooks. But an $800 iTablet? That’s something else altogether…

Read More »

Netflix has been one of the rare winners during the recession/depression: Customers are flocking to the movie rental service and investors love the stock. This meant that expectations were very high for the company’s first quarter, and it appears to have met them.

Read More »

First quick look at Apple’s earnings: Tim Cook and company have beaten the Street’s expectations. Apple earned $1.33 per share on revenues of $8.16 billion, beating the consensus of $1.09 and $8 billion. It also outperformed estimates for sales of the Mac, iPod and iPhone. At first glance, a strong quarter. But guidance for the next quarter may be a bit less than what Wall Street was looking for.

Read More »