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Analysts were hoping for 39 cents a share; they got 33 cents. Revenue hit $13.6 billion; analysts were expecting more than $14 billion.
This is not your typical Microsoft earnings report as weakness in PC and server markets hit just about every company division hard, except for Enterprsie and notably entertainment. Xbox 360 still doing well, but that's about the only bright spot.
It is the other side of the earnings story for Seattle-based Amazon. The lousy economy apparently isn't keeping people from shopping online, and favoring Jeff Bezos' company for their e-commerce needs.
Amazon reporting first quarter earnings that beat Wall Street estimates: net income of 41 cents a share; the street expected 31 cents.
Revenue hit nearly $4.9 billion, an 18 % jump. Bezos says that sales of the Kindle 2 e-book reader, quote, 'have exceeded our most optimistic expectations."
Earlier in the week - Apple Computers announced its earnings which were better than its hi-tech competitors.
Strong sales of the iPhone helped Apple lift its quarterly profit 15%, well ahead of expectations Wednesday and despite the global economic downturn.
And then there was this - despite consumer trends - apple says netbooks are not a good experience, so don't expect them to offer one.
LOGGING ONTO THE "TODAY SHOW"
One of the things that's really made the iPhone sing is the ability to download any application you want.
Seattle-based Zumobi developed the "Today Show" application for the iPhone, and Matt, Meredith, and Al were all talking about it on the Today Show.
Zumobi has been around for about a year and a half, and is one of many startups creating iPhone apps.
FLASH & DTV
On the bigger screen - Adobe spent the week making a big push for Flash on TV and BluRay. Some tweets on on our Twitter site showed a strong partner list, but the demos aren't impressive. Some people are saying stick with Java!
Among the new announcements - four TV stations that will be guinea pigs in the new mobile DTV rollout. They include our sister station in seattle KONG-DT. The mobile DTV will allow people to watch DTV on their mobile phones or on other devices that you can carry with you.
ONLINE AD TRACKING MADE EASY
Advertising revenue may be drying up in this economy, but a Seattle-based startup is moving ahead with some innovative technology that's all about who's looking at online ads.
The company is M-pire, the same people who bring you Widgetbucks. The new product is ad-xpose, and it hopes to take ad measurement to new heights in the depths of a recession.
M-pire CEO Matt Hewlett tells Renay his company's product can save companies money by telling them in real-time which ads are attracting clicks and mouse hovers, and which ones have been placed in inappropriate sites. Hewlett says this business segment, which he's calling online marketing infrastructure, is red-hot from an investment perpsective, some three quarters of a billion dollars in venture capital funding has gone to several companies in the space, including his. M-pire raised Series-B funding from Fisher Jurvetson and Ignition Partners.
TEACHSTREET WIDGETS
The week of their first anniversary, Seattle-based "Teachstreet" is banking on another project to help people be more social-media savvy. They unveiled a new online project for you to build your own widgets. You can choose a personal widget, business widget, or one for your organization - we put a link to it here.
MATTEL & REALNETWORKS
Maybe you could use some of those widgets in an online game. Seattle-based RealNetworks is teaming up with Mattel to to develop online games for social media sites, like Facebook. The latest game - the app called "live Uno" and plays just like the tabletop version.
-----------------------------BY ERIK SANDOVAL / NWCN and RENAY SAN MIGUEL / KING 5 - Follow us on Twitter at NWCNTech!
Source:NWCN
© 2009 NorthWest Cable News.
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