Reuters - Video

EDITION: U.S. | U.K. | IN

9/11

Techquity: Google misses, how Verizon results may help Apple

Thursday, Jul 18, 2013 - 03:45

July 18 - Google posts earnings that miss forecasts. Plus how Verizon's results could bode well for Apple.

▲ Hide Transcript

View Transcript

Google misses forecasts. The search giant not even close with quarterly results. Profit more than one dollar pressure light while revenue came in at under asked. However both -- as did rise significantly from the same period last year. CEO Larry Page that the ship from one screen to multiple screens and mobility creates tremendous opportunity for the company. Shares closed at 910 dollars and 68 cents and are down about -- percent in after hours trading. We'll have this reaction and more on Friday equity. You may think rise in second quarter earnings today revenues were lower than analysts expected investors weren't impressed sending the stock down. But -- Iran Feinstein in the mix there was relatively strong growth at Verizon Wireless and this is that for apple. Apple's iPhone made up 51%. Of Verizon second quarter Smartphone sales. This means the company sold nearly four million iphones BT IG analyst Walter high -- says this is higher than -- estimate. This report comes one day after we told you about it Morgan Stanley analyst to increase estimate for iPhone sales so maybe she went on to something. Apple reports results after the closing bell Tuesday shares up actually their mortgage and 32 dollars. So that -- house the cars the company's original series getting an Emmy nomination for best drama. While -- Kevin Spacey and Robin Wright were nominated for best actor and actress. Netflix offered subscribers the chance to download all thirteen episodes of the series on its birthday. Not -- also getting any nominations for its version of Arrested Development. The series fox canceled in 2006. Which Netflix brought back -- fifteen episodes for thriller plot -- The company's chief content officer -- that Abbott today. The lines are forever blurred between TV and the Internet it's about what's on the screen. And prove that the tech company doesn't know about TV. Shares up actually today but -- the top performer in the S&P 500 this year nearly tripling in value. Michael bell has one Robertson shareholders and not enough to win his bid for doubt. Sources -- State Street Vanguard Group and black rock and in favor of the founders buyout. Initially think it would oppose it but he was still a few votes shy of sealing the deal this morning so the -- has been postponed to Wednesday. -- like I'm not happy about that he said Dell has no right to delay yet. He needs Michael -- proposal to get rejected before shareholders can take up -- offer which she estimate is worth it -- and half to eighteen dollars per share. But analysts are more confident now than Michael Dell's deal would get enough votes to come out a winner. Shares up more than 2% today -- still below the thirteen 65 -- prize. Starring and sputtering time first -- is Overstock.Com. Online retailer posted second quarter earnings that beat analysts' estimates helped by bigger orders shifted to higher margin products. -- warehousing costs look out eBay and -- got. Shares up over 22%. Sputtering down is Intel the stocks slid over 4%. The chipmaker cut its full full year revenue forecast and said its ailing back capital spending because a painful PC sales. That's equity this Thursday you can follow us on Twitter and RT -- -- -- but he. I'm just right not bad this is Reuters.

Techquity: Google misses, how Verizon results may help Apple

Thursday, Jul 18, 2013 - 03:45

Top News »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)