revenue

A Mexican court ruled last November that Yahoo and Yahoo Mexico had to shell out a whopping $2.75 billion in a lawsuit over a yellow pages listing service's lost profits. On Thursday, Mexico's Superior Court of Justice reduced that number to a mere $172,500 in damages.

This is likely welcome news to the tech company. Damages of $2.75 billion is a huge portion of the company's revenue -- in Yahoo's most recently reported quarter, it only generated $1.07 billion in revenue.

The lawsuit was originally filed by the Worldwide Directories and Ideas … Read more

As the PC market continues to spiral downwards, the world's third-largest PC maker is tumbling down with it.

Dell on Thursday reported its first-quarter earnings five days earlier than expected, due to a report by The Wall Street Journal detailing leaked numbers on Monday.

The PC make reported $372 million on revenue of $14.07 billion, or 21 cents a share.

According to average analyst estimates compiled by Thomson Reuters, Dell was expecting to report net income of $607.1 million on revenue of $13.5 billion, or 35 cents per share.

The Journal said Dell would exceed revenue … Read more

In his quarterly earnings letter to shareholders on Wednesday, Tesla CEO Elon Musk announced that "Tesla reached profitability in the first quarter of 2013 for the first time in our 10-year history."

Not only did the electric car company exceed analyst expectations, but Musk said (PDF) Tesla even outdid its own expectations for deliveries and gross margin. The company reported adjusted earnings of 12 cents per share on revenue of $562 million, which is far higher than the expected 3 cents per share. Its profit was $11 million after charges.

Tesla's total revenue for the first quarter … Read more

AOL has continued to shed subscribers but managed to turn a decent profit last quarter thanks mostly to its advertising trade.

The online Internet provider scored a 9 percent increase in global advertising revenue for the first quarter, compared with the year-ago quarter. Global display revenue climbed by 8 percent year over year thanks to 6 percent growth in the U.S. and ongoing double-digit growth abroad.

AOL also saw a 9 percent rise in search revenue due to gains in global queries and higher revenue per search at AOL.com.

"Growth continues at AOL," AOL CEO Tim … Read more

While Amazon is still king in the cloud computing world, it appears that Microsoft's Azure software is on the up and up. Not only have Azure subscriptions risen 48 percent over the past six months, but Azure and related Microsoft cloud service software earned $1 billion in revenue over the past year for the first time ever, according to Bloomberg.

Making the "billion-dollar club" is pretty significant -- considering the slumping PC market. Microsoft revealed these new performance details to Bloomberg in an interview on Monday.

Twenty percent of companies use Azure, while 71 percent go to … Read more

As people around the world become increasingly more reliant on their mobile devices, the app market continues to grow. New research from market analyst firm Canalys shows that the top four app stores hit 13.4 billion downloads worldwide in the first quarter of 2013. This is an 11 percent increase over all of 2012 combined.

"Apps have had a huge impact on the way consumers use mobile devices, what they value, and what they expect from smart phones and tablets," Canalys chief analyst for analytics Adam Daum said in a statement. "They are now central to … Read more

The late launch of the HTC One smartphone put a damper on HTC's first-quarter profits.

For the quarter ending in March, net profit plummeted to 85 million Taiwanese dollars ($2.85 million), a fall from 10.9 billion Taiwanese dollars ($363 million) a year ago and the company's lowest quarterly profit since 2004. Results also disappointed analysts polled by Thomson Reuters, who on average were expecting a net profit of 467.5 million Taiwanese dollars ($15.5 million).

Shipments for the new HTC One phone have been delayed due to a limited supply of cameras. Last month, HTC … Read more

Facebook's focus on upping its mobile ad presence over the last year seems to have paid off. Literally.

The social network is expected to make nearly $1 billion from mobile ad revenue in 2013, according to a report released today by market research firm eMarketer.

"Facebook, the No. 2 mobile ad publisher in the country, accounted for 9.5 percent of mobile ad revenues in 2012 and is expected to take 13.2 percent this year," eMarketer wrote in a blog post today. "In the mobile display market, however, Facebook is on top, projected to grab … Read more

Apple said today it will discuss its financial performance for its fiscal second quarter 2013 in a conference call on April 23.

The call, which as usual will be streamed, is expected to cover the company's revenue and sales figures. CEO Tim Cook and CFO Peter Oppenheimer will likely be on hand to provide a financial forecast for the next quarter.

The iPhone maker recorded a monster first quarter of 2013, posting revenue of $54.5 billion and earnings of $13.1 billion on sales of 47.8 million iPhones and 22.9 million iPads. That was just below … Read more