BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Tech Observer >  

Last Bytes Earnings Edition Google Microsoft Ibm Plus E3

Tech Observer

by Laura Rich
Main
First Bytes: Google, Microsoft, Gavin Newsom, more   Takebackthetour.com: Screw The Dopers

Recent Blog Posts

Links

Jul 17 2008 12:00am EDT

Last Bytes: Earnings Edition -- Google, Microsoft, IBM, Plus E3

-- Google missed Wall Street earnings expectations, sending the company's shares down 10 percent in after-hours trading. [Portfolio.com]

-- IBM, on the other hand, exceeded analyst expectations by posting a 22 percent jump in profit. The company raised it profit forecast for the rest of the year. [AP]

-- Microsoft reported results in line with Wall Street expectations, but offered earnings guidance that dissappointed investors, who sent the company's shares down nearly 7 percent in after-hours trading. [Reuters]

-- E3 comes to a close; EA talks Knights of the Old Republic. [Portfolio.com]

-Sam Gustin. □

Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow