Apple (AAPL) has had the best selling smartphone for years with the iPhone, but Google (GOOG) still claims the top spot in terms of phones that operate on its Android operating system. It is easy to understand why Google has been able to stay on top since so many manufacturers are able to use Android on their phones, but since the new iPhone 4S has hit the market Apple has been ...

The past few years have been tough times for retailer Sears Holding (SHLD). The company has been steadily losing customers to rivals Target (TGT) and Wal-Mart (WMT), and today announced that following a dismal holiday season, it has decided to close between 100 and 120 of its Sears and K-Mart stores. Critics of the company blame its recent weakness to the company not having invested in remodeling its stores and to ...

With consumer sentiment still weak, and concerns over the global economy weighing on everyone's mind, a lot of people have been worried that retailers are going to report weak sales numbers this holiday season. We will not know for sure just willing people have been to spend this holiday season, but the fact that FedEx (FDX) recently saw its busiest shipping day ever is a positive sign. The company reported that ...

In her first major announcement since taking over the role as CEO for Hewlett-Packard, Meg Whitman announced that Hewlett-Packard (HPQ) has indeed decided to continue its PC business, following months of speculation that it would decide to spin-off the business. The idea to spinoff the PC division was first proposed in August by former CEO Leo Apotheker as part of a sweeping overhaul he was trying to do to the company. This ...

Shares of tech giant Netflix (NFLX) are tumbling in premarket trading this morning after the company reported last night that it lost a massive 800,000 subscribers last period, due to price changes and a decision to split its streaming and DVD rental business. Netflix reported its third quarter results last night, which were actually above analyst estimates, but shares are tradign down over 35% in premarket trading as investors react to ...

Before this afternoon, Apple Inc (AAPL) had reported better than expected earnings for 29 straight quarters, but it was unable to continue that trend when it reported a weaker than expected fourth quarter earnings report, sending shares sharply lower in after hours trading. Going into this afternoon's earnings report, Apple was expected to report earnings of $7.38 per share, but actual earnings came in well below what analysts were expecting to ...

Shares of the world's largest internet search engine Google (GOOG) reported better than expected third quarter earnings this afternoon and revenues just shy of $10 billion, sending the stock up as much as 7% in after hours trading. Going into this afternoon's earnings report, analysts had been expecting to see Google report third quarter earnings of $8.74 per share, but actual earnings came in well above estimates at $9.72 a share. Revenues ...

Aluminum maker Alcoa (AA) kicked off the earnings season this afternoon, posting disappointing third quarter results. Going into this afternoon's earnings report, analysts had been expecting to see Alcoa post earnings of $0.22 per share, but were disappointed to see earnings come in under expectations at $0.15 per share. Despite missing its earnings estimate, the company was able to post better than expected revenues for the quarter of $6.4 billion, above the ...

The intense media hype leading up this past weekend's Hurricane Irene spread panic up the east coast, but luckily the damage was much less than had been anticipated, which was win-win situation for insurance companies. Insurance companies win on one hand because they will have to pay out less in damages than they had anticipated, but they also win because the media hype was enough to give them an opportunity to ...

Google (GOOG) isn't exactly known for its flash television ad campaigns. The company has historically grown mostly through word of mouth, but Google is taking a new approach to advertising its Google Chrome browser. Google sees a potential market in users that buy a new computer and are just content to use the browser that comes with their new computer, unaware that they can download a new browser for free. The similarities ...