Today, Microsoft shed tens of billions of dollars in value, after its earnings failed to impress the investing classes. Microsoft closed down 9.25 percent in regular trading.
The company’s shares slipped after-hours yesterday by several points in the immediate aftermath of the report, which indicated that Microsoft had earned $0.71 per share on revenue of $26.5 billion. The latter figure represents a modest revenue beat.
Microsoft’s stock failed to turn positive during its earnings call, in which the company predicted very modest short-term growth. The company forecasted roughly 5 percent revenue growth for its current fiscal year. Foreign exchange issues stemming from a strong dollar and macro conditions in China, Russia and Japan were noted points of friction.
Here’s the chart:
Microsoft’s shares have been on a tear in recent months, and even with today’s sell-off, remain comfortably over the ever-important $40 per share threshold. This morning, however, saw Microsoft pick…
View original post 51 more words
Apple had a pretty good quarter.
And by “pretty good”, I mean it was the biggest quarter in history. And not just for Apple. For any company. Ever.
This page charts the past record holders. Until today, Russia’s Gazprom (the largest natural gas extractor in the world) held the record at $16.2 billion in a quarter.
Apple now holds the record: $18.04 billion in profit, fiscal Q1 of 2015.
For reference, that means Apple makes around $8.3 million dollars per hour in profit (24 hours a day.)
Of the current Top 20 record holding earners, 15 are Oil/Gas producers — primarily ExxonMobil and Shell. The other 5 are all Apple, over various quarters.
The question I’m always asking of any invention in the games-tech space is “can I see it being used every day?”. Or is it slight, a novelty or built on shaky assumptions of use patterns? Though early enthusiasm for such inventions tends toward “yes”, much of the time the true answer is “no”. Of course sometimes I’m right, sometimes wrong. Wrongness often (depressingly) arrives dressed in the uniforms of causes. Something HAS to work to solve a big problem I perceive therefore therefore therefore… This is less reasoning than buying a marketing story, but reason eventually prevails.
I could never, for example, see Kinect fomenting long term change in the gaming market. Though Microsoft sold a lot of Kinects by following the Wii wave, the devices…
View original post 1,028 more words
Our editors dove into the archives to resurface top posts published on WordPress.com this year, from personal essays to comics, and photography to fiction. Here’s a glimpse of what you published — and what the community especially loved — in 2014.
“Bill Watterson is the Bigfoot of cartooning,” writes comic artist Stephan Pastis of the legendary Calvin and Hobbes creator. This summer, Pastis collaborated — in secret — with Watterson. Their awesome idea: Watterson would silently step in and draw Pastis’ comic strip, Pearls Before Swine, for a few days, pretending to be a second grader. Pastis recounts the experience, offering a rare glimpse of Bigfoot.
Pearls Before Swine; Stephan Pastis; June 4, 2014.
I will apologize for ISIS when every…
View original post 1,358 more words
Remember the transformation of fail and win 5–6 years ago? Fleeting online slang phrases like bucket of fail and made of win may sound dated now, but terms like epic fail/win and FTW (“for the win”) and the words’ use as tags and hashtags remain popular. Fail and win have firmly, if informally, extended their grammatical domains, having been converted from verb to noun, interjection, and other categories.
A word undergoing comparable change is nope. Its metamorphosis over the last few years has in some ways been more impressive, but it seems less remarked on than fail and win – maybe because of its more limited distribution. For instance, this cartoon on Imgur (pronunciation note here), which shows Spider-Man shooting spiders from his hands, drew comments that use nope as a verb, adjective, and noun – mass and count – as well as duplicating, lengthening, and…
View original post 1,488 more words
View original post 646 more words
There is no “but” about what happened at Charlie Hebdo yesterday. Some people published some cartoons, and some other people killed them for it. Words and pictures can be beautiful or vile, pleasing or enraging, inspiring or offensive; but they exist on a different plane from physical violence, whether you want to call that plane spirit or imagination or culture, and to meet them with violence is an offense against the spirit and imagination and culture that distinguish humans. Nothing mitigates this monstrosity. There will be time to analyze why the killers did it, time to parse their backgrounds, their ideologies, their beliefs, time for sociologists and psychologists to add to understanding. There will be explanations, and the explanations will be important, but explanations aren’t the same as excuses. Words don’t kill, they must not be met by killing, and they will not make the killers’ culpability go away.
To abhor what was done to the victims, though, is not…
View original post 2,316 more words