Earnings

Apple Earnings Good or Bad?

Finance Gourmet on April 23rd, 2012

Apple reports earnings on April 24. This report is actually for earnings from the 2nd quarter of Apple’s fiscal year, even though corporations on a calendar year are reporting first quarter earnings right now. (Several tech companies reported earnings last week.) After a rough week for the company in the headlines, these earnings will likely [...]

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Finance Gourmet on April 22nd, 2012

This past week featured the earnings release of several major technology companies, coming closely on the heels of major earnings announcements from other tech companies, including Google and Apple. IBM Earnings First up, IBM reported revenue of $24.7 billion leading to earnings of $2.78 per share. The consensus estimates from analysts were a bit higher [...]

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Finance Gourmet on April 12th, 2012

Google just reported its quarterly earnings. They did very well, beating pretty much every analyst’s numbers. Those who want to nitpick will complain that the price per click has gone down. However, that isn’t really surprising considering that the number of clicks went up. There are some issues coming with Google’s stock, but this isn’t [...]

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Finance Gourmet on March 20th, 2012

Just got the 2011 IBM annual report. It never ceases to amaze me how much money this company puts into share repurchases, rather than actual dividends. For 2011, the company boasts that they were “… able to return $18.5 billion to you,” the shareholder. Of course, a paltry $3.5 billion of that was actually returned to [...]

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Finance Gourmet on October 25th, 2011

IBM must really hate the idea of paying a big dividend. Every year, it seems, IBM authorizes billions of more dollars for share buybacks while increasing its dividend by the smallest amount possible. Then, the company goes on to crow about how it has returned "… over $109 billion since 2008 to our shareholders through [...]

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Finance Gourmet on January 18th, 2011

Most analysts had expected a big quarter for Apple, propelled by big holiday sales numbers. They were right; they just didn’t go high enough with their estimates. Apple reported revenue of $26.7 billion for its first-quarter which ended on December 25th. (The company uses a fiscal year for its earnings and reporting.) That’s earnings of [...]

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Finance Gourmet on January 18th, 2011

IBM reported its 2010 third-quarter earnings today. The company reported earnings per share of $2.82 which is up 18 percent. The company did not announce any increase in the dividend paid per share, although that was not unexpected. The company continues to use share buybacks as the primary method to "return money to shareholders." The [...]

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Finance Gourmet on October 26th, 2010

IBM released their quarterly earnings. As is customary, the company announced various financial numbers like how much it earned per share and how much revenue it generated for the quarter, and so on. As is customary for IBM, the company also announced yet another giant share repurchase using shareholder money to buyback IBM shares of [...]

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Finance Gourmet on April 12th, 2009

Is the recent rally real? Is this the stock market bottom? Has the recession ended? This week will provide important clues.

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Finance Gourmet on April 9th, 2009

Wells Fargo announced that it is projecting profits instead of doom. Let’s hope it’s a trend.

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