Netflix reported first-quarter profit that beat analysts' expectations. The online video service also said it may raise prices by as much as $2 a month for new subscribers.
Although this story correctly cited the retail price ($499) and the manufacturing cost ($471) of the Xbox One, it inadvertently misstated the relationship between those dollar values. The manufacturing cost is, of course, $28 lower than the retail price.
The company needs to find new ways to generate revenue off those customers as its traditional sources are being squeezed by messaging apps.
The Internet's biggest radio service had its biggest quarterly earnings since its IPO in 2011, but investors were dismayed that the windfall would be short-lived, based on Pandora's Q1 loss forecast.
The company is also projecting a profit jump of 158 percent to 223 percent for the first half of the year.
South Korean electronics giant posts $7.7 billion operating profit, an 18 percent quarterly decline on softening smartphone sales and a one-time employee bonus.
Profit rose more than it forecast, and its earnings outlook to kick off 2014 was rosy too. The service finally addressed Net neutrality, telling members not to worry, and said it will launch in more European countries.
South Korean electronics giant's guidance is largely in line with analyst predictions.
The organization, EducationSuperHighway, steers schools toward speedier, more secure broadband connections.