revenue

Apple's China Revenue May Triple Over Two Years, Analysts Say

Apple (AAPL) may see its revenue from China triple over two years as the company expands its sales network demand from consumers rise, Morgan Stanley (MS) said. Apple%u2019s sales in China may be worth more than $9 billion in the year ending September 2012, Morgan Stanley analysts said in a report. In the last fiscal year, Chinese sales were worth $2.9 billion.

Microsoft After Ray Ozzie May Be a Little Less Magical

Ray Ozzie, Microsoft's chief software architect, was the perfect visionary foil to strategy-obsessed CEO Steve Ballmer. His entrepreneurial thinking pushed the stodgy software giant into cloud computing and SaaS, and got it back into the mobile OS race. Can anyone fill his soon-to-be-vacated shoes?

J&J Earnings Hurt by Children's Medicine Recalls

Tylenol and Band-Aid maker Johnson & Johnson announced on Tuesday that its sales declined 0.7% to $15 billion in the third quarter, compared to the same quarter last year, as domestic sales were "significantly impacted" by recent successive recalls. Domestic sales declined 2.5%.

Fraud Files: When 'Immaterial' Errors Hide Real Problems

When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.

GM Execs Upbeat Despite Weak August Sales

GM reported Wednesday that sales fell 25% in August as the U.S. economic recovery appeared to stall and cautious consumers held back on buying cars. But despite the downturn, GM officials said they remain upbeat that the hard-hit auto industry will continue to improve in the months ahead.

Fire Hazard Prompts Recall of Garmin Navigation Devices

Garmin (GRMN) is recalling 1.25 million personal navigation units because of the potential for fires caused by overheated batteries, the company said Wednesday. Nearly 800,000 of the affected devices were sold in the U.S., it said.

ExxonMobil and Chevron Set to Post Sharp Gains

Blue-chip energy giants ExxonMobil and Chevron report quarterly earnings Thursday and Friday, respectively. If analysts' average forecasts are on the mark, both Dow components should post sharply higher profits and revenue, helped by lower costs and higher oil prices.

Can This Earnings Season Keep Up Its Winning Streak?

The first peak week of second-quarter earnings season was just what the market ordered, thanks to some beat-and-raise reports from Dow blue chips. This week has more such big-name results on tap. And again, investors will be looking closely for top-line revenue growth.

Goldman Sachs Earnings Tumble on SEC Settlement

Goldman Sachs earnings fell sharply in the second quarter, hurt by its $550 million settlement with the Securities and Exchange Commission and a U.K. payroll tax, but on an adjusted basis, the investment bank's profits easily topped Wall Street estimates.

JPMorgan Earnings:
A Doubling of Profits?

JPMorgan Chase earnings come out early Thursday, and the nation's second-biggest bank should show strong results from investment banking and lower loan losses. The consensus is for 70 cents per share in earnings, up from 28 cents in the prior-year period.

Railway Giant CSX Rolled Ahead in Second Quarter

Railway operator CSX said second-quarter profit increased 47% or $414 million from the previous quarter. CSX had predicted a 96 cents a share increase, but exceeded expectations with the $1.07 a share increase. Revenue rose 22%, pushed by an improving economy and higher prices.

Preview: Ford to Report Peppy Q4 Results

By all accounts, Ford Motor is on a roll, and analysts are hoping to see an upbeat fourth quarter when the automaker reports earnings on Thursday. Compared to other manufacturers, Ford is in an enviable position.

TD Ameritrade Misses Amid Slower Trading

TD Ameritrade reported earnings below expectations, largely due to declining trade income and a low interest rate environment. The company recorded profits of 23 cents per share, down from 31 cents per share, a year earlier.

Social Media Sells Out and Becomes Social Marketing

Though promotional saturation can be the kiss of death for social media platforms, marketers can't resist them. And whether they want to admit it or not, social media sites need the marketers. This week, two top sites -- LinkedIn and Twitter -- are putting their days of purity in the past and offering new tools that meet the needs of corporate marketing departments.