revenue

Intel said Friday that its third-quarter revenue will be below the company's prior outlook.

The world's largest chipmaker now expects third-quarter revenue to be $11 billion, plus or minus $200 million, compared with the previous expectation of between $11.2 and $12 billion.

Revenue has been squeezed by weaker than expected demand for consumer PCs in "mature" markets, but inventories across the supply chain appear to be in-line with the company's revised expectations, Intel said.

That jibes with a cautious forecast for the third quarter from IDC. The market researcher said last week that global … Read more

Confirming a bunch of disparate blog rumors about individual hires, Twitter confirmed on Tuesday--after previously declining to comment--that it's building out a sales team and has hired a News Corp. veteran to helm it.

Adam Bain, previously serving as the head of News Corp.'s Fox Audience Network (the conglomerate's unit for online advertising operations, technology, and sales; prior to that, Bain had been News Corp. chief technology officer) has joined Twitter with the lofty title of "president of global revenue." The ambiguity of the title reflects the fact that Twitter eventually wants to look beyond … Read more

Retail sales of video games in the United States dipped in July, but the industry is showing signs of recovery.

Revenue from video games sales was $846.5 million, down 1 percent from the same month last year, according to a report release released Thursday by The NPD Group. Year-to-date sales were down 8 percent compared with last year. The No. 1 seller in July was Electronic Arts' NCAA Football 11, which sold 368,000 copies for the Xbox 360 and 298,800 copies for PlayStation 3.

Those numbers exclude sales of Starcraft II, which is classified as a PC … Read more

Revenue for chipmakers could reach $310 billion this year, helping the industry reach a record in sales growth, according to a report released Tuesday by iSuppli.

Stronger prices and ongoing demand for smartphones and flat-panel TVs will be the two driving forces behind the surge in sales, iSuppli said. The record revenue would represent a gain of 35 percent from 2009, better than expected and higher than iSuppli's May forecast of 31 percent growth.

"The semiconductor market already was in for beefy growth in 2010 because of strong consumer demand for electronic products," Dale Ford, senior vice … Read more

Motorola turned in a solid second quarter, with both revenue and earnings outpacing analysts' expectations.

The company also said it foresees good results for the current quarter, in part on the expected strength of sales of its new Droid X smartphone, which went on sale in mid-July and quickly sold out at many stores.

"The Droid X launch has been very well received," said Sanjay Jha, Motorola co-chief executive officer and CEO of Motorola Mobility, in a statement. "As we continue to execute on our business strategy, we are in a strong position to continue improving our … Read more

Want more people reading your tweets? Twitter may offer you a hand--for a price.

People familiar with the company's plans say it has been discussing yet another revenue generator: think of it as a "Promoted Tweeter" product, which highlights specific user accounts, designed to bump up follower counts.

My sources weren't sure about the business model behind the product, which may be because Twitter itself doesn't know yet. Some obvious possibilities: Twitter could charge users based on the number of followers they acquired, or simply based on the exposure their Twitter accounts received.

Twitter wouldn'… Read more

Adobe Systems, which is betting on a strong upgrade cycle for its Creative Suite, delivered solid second-quarter earnings and an upbeat outlook. The company added that sales of its latest Creative Suite should be strong through 2010 and into 2011 as large customers upgrade.

The company reported fiscal second-quarter earnings of $148.6 million, or 28 cents a share, on revenue of $943 million, up 34 percent from $704.7 million a year ago. Non-GAAP earnings were 44 cents a share. Wall Street was expecting earnings of 42 cents a share on revenue of $905 million.

In a statement, Adobe … Read more

Web advertising is back, but not at AOL: The company says revenue declined 23 percent in the last quarter, with ad sales dropping by 19 percent.

The company reported earnings of 32 cents on revenue of $664 million. Add back one-time charges and you'd get earnings of 79 cents per share.

The Street was looking for revenue of $679 million, and I've seen "consensus" expectations for earnings all over the map--ranging from 34 cents a share (including restructuring charges) to 80 cents (which excludes the charges). The just-announced sale of ICQ doesn't figure into the … Read more

His company publicly derided as a leech of the newspaper business, Google CEO Eric Schmidt told a group of newspaper editors he believes newspapers can make money online.

In a keynote speech to open the annual conference of the American Society of News Editors on Sunday, Schmidt lauded newspapers as "fundamental" to democracy and predicted the newspaper business would formulate a new business model based on advertising and subscription revenue, according to an Associated Press report.

"We have a business model problem; we don't have a news problem," Schmidt said, adding that "We're … Read more