net revenue

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eBay Profits Jump 22% Under New CEO

Site raises projected revenue to $9B, exceeds estimates

(Newser) - EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street... More »

Legal Woes Haunt Qualcomm

Battles with Nokia and Broadcom take toll on stock despite record results

(Newser) - Qualcomm reported record sales and profits for its 2007 fiscal year, but if its executives thought that would please a jittery Wall Street, they were wrong, as shares fell in after hours trading. The Financial Times reports the company is in a long-running and costly multinational legal battle with Nokia,... More »

Microchips Earning Maxi Profits

Intel net income boosted 43% by huge demand for laptops

(Newser) - Silicon Valley giant Intel, whose microchips are an integral part of most computers, reported a 43% jump in net income to $1.86 billion for the third quarter—and forecast another increase in the current quarter. The company is firing on all cylinders, with investors driving up the stock 26%... More »

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