Quarterly Earnings

News Byte: Facebook Announces Q4 and Full-Year Results

News Byte: Facebook Announces Q4 and Full-Year Results

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Zuckerberg predicts that 2014 will be the year of "new and engaging mobile experiences."

News Byte: Salesforce.com Beats Q2 Estimates

News Byte: Salesforce.com Beats Q2 Estimates

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Salesforce's Q2 revenue of $957 million beat Wall Street analysts' expected projection of $939.2 million.

Despite Google's growth, CPC revenue drops

Despite Google's growth, CPC revenue drops

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Although Google reported net income of $2.89 billion for the first quarter (Q1) of 2012, an increase from $1.80 billion for the same period last year, its cost-per-click (CPC) revenue decreased 12% in Q1 and 6% in Q4 2011 quarter-over-quarter.

Staples attributes annual sales increase to Web, mobile investments

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Staples full-year 2011 sales increased 2% year-over-year to $25 billion, while net income grew approximately 12% to $985 million, the company said Feb. 29. Updates to the Staples.com website and the development of new mobile apps drove this growth, said Ronald Sargent, Staples's chairman and CEO in an investor's call.

Office Depot's annual sales decline

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Office Depot's annual sales declined 1.3% to $11.38 billion compared with last year, the company reported on Feb. 28.The office supplies retailer reported a net earnings increase of 307.1% to $95.7 million compared with last year, when the company reported a loss of $46.2 million. Operating expenses for 2011 were flat at $3.39 billion compared to last year.

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