first quarter

Fiserv: “Our results showcase the strength of our business model”

May 1, 2009 - 6:56am | Figures | News

Fiserv, Inc., gave a report on its first quarter 2009 financial results. These financial results reflect the disposition of a 51% interest in Fiserv’s insurance operations (“Fiserv Insurance”) in July of 2008.

Total GAAP revenue in the first quarter of 2009 ($1.04 billion) decreased in comparison with first quarter of 2008 ($1.31 billion).

EPS | first quarter | Fiserv Inc | GAAP | operating margin

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Apple posts $1.21 billion net income

April 23, 2009 - 3:40am | Figures | News

According to the Reuters report, Apple’s iPhones and iPods sales surpassed Wall Street forecasts figures, emphasizing the popularity of the company's expensive category of products in spite of the current world economic conditions. Apple’s investors, that drove their shares 3% up, were not discouraged as the profit results were better than projected.

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Do job cuts at Google mean the company is weakening?

April 14, 2009 - 1:09am | News | Other themes

While Google prepares to release its first-quarter results this week investors express their concern about the company’s possible revenue declines. The anxiety of the public is incited by the recent rounds of layoffs undertaken by the Internet search giant in a move to cut its costs.

"Whenever Internet companies cut costs, people take any cost cutting as a really negative signal," said Sanford Bernstein analyst Jeff Lindsay.

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