Business

Anthony Ha is a writer at TechCrunch, where he covers media, advertising, and startups. Previously, he was a staff technology writer at Adweek, worked as a senior editor at the tech blog VentureBeat, and was also a reporter at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing.... ? Learn More Online real estate site Zillow came out slightly ahead of analyst predictions in its second quarter earnings results, reporting $27.8 million in revenue and earnings of 5 cents per share. Wall Street estimates had put revenue at $27.1 million and  earnings at 4 cents per share. Net income was $1.3 million, down from $1.6 million during the same period last year. The revenue numbers mark another revenue record for Zillow — the previous record was last quarter’s $22.8 million. That’s also a 75 percent increase over Q2 2011. In the earnings press release, CEO Spencer Rascoff says: “Zillow had an excellent second...

Ryan has spent more than five years covering business, technology, and telecom-related subjects for a variety of publications based in New York and San Francisco. Ryan currently works as a writer for TechCrunch. ? Learn More Zipcar is seeing increased competition in the car-sharing market, which is one reason that it might not be growing as quickly as it, or analysts, like. Zipcar reported second-quarter loss of $422,000 today, or $0.01 a share, compared to a net loss of $5.6 million, or $0.17 a share, in the prior year’s second quarter. The earnings came on revenues of $70.8 million, which is up 15 percent from $61.6 million in the second quarter 2011. But Wall Street analysts expected the company to break even this quarter, with revenue rising 18.7 percent to $73.1 million. And Zipcar missed its own revenue forecast of between between $71 million and $74 million. Zipcar shares popped during the IPO, rising to nearly $30 a share. But ever since, they’ve been on a gradual decline, an...

Ingrid is a reporter for TechCrunch, joining February 2012, based out of London. She comes from paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect. When it comes to work, she feels most... ? Learn More LinkedIn has just released Q2 earnings, and the enterprise-focused social network continues to rise. It’s posted revenues of $228.2 million and earnings per share of $0.03 (non-GAAP EPS: $0.16). This puts the company past earnings estimates from First Call of $216.3 million, and Yahoo Finance, which had estimated revenues of $216 million. It also beat First Call’s EPS of $0.01, as well as LinkedIn’s own guidance of revenues of $210-$215 million. However, GAAP net income was nearly halved to $2.8 million, versus net income of $4.5 million Q2 2011. (Non-GAAP net income for the second quarter was $18.1 mi...

Jordan Crook studied English Literature at New York University before entering the tech space. Prior to joining TechCrunch, Crook dabbled in mobile marketing and mobile apps as well as doing device reviews for MobileMarketer and MobileBurn. Crook is fascinated with alternative energy production and greentech. She is now a writer for CrunchGear. ? Learn More Samsung has just reported its Q2 2012 earnings, and it would seem that the Korean electronics giant is still the king of mobile, with an operating profit of $5.9 billion for the period, up 79 percent year over year. Of course, the Galaxy S III and the Galaxy Note have plenty to do with that, considering the fact that Samsung predicted it would sell 10 million Galaxy S III units by July. And that’s just what it did. The company reported $41.5 billion in revenues, which is up about $1.5 billion from last quarter, and up 21 percent year over year. Samsung is killing it in the TV department, though the company does report that demand ...

Josh Constine is a technology journalist who specializes in deep analysis of social products. He is currently a writer for TechCrunch. Previously, Constine was the Lead Writer of Inside Facebook, where he covered Facebook product changes, privacy, the Ads API, Page management, ecommerce, virtual currency, and music technology. Prior to writing for Inside Facebook, Constine graduated from Stanford University... ? Learn More Younger users are just as engaged as everyone else, Facebook is selling $1 million in Sponsored Stories ads a day, and building a phone “wouldn’t really make much sense” are a few of the juicy news nuggets dished on on Facebook’s first earnings call today, led by CEO Mark Zuckerberg. Still, Facebook noted it was disappointed in how its stock has traded. For details on Facebook’s actual earnings, check out our coverage of its revenue and financial progress, and its user growth. But here are the biggest highlights from the earnings call which lay out Facebook’s roadm...

Jordan Crook studied English Literature at New York University before entering the tech space. Prior to joining TechCrunch, Crook dabbled in mobile marketing and mobile apps as well as doing device reviews for MobileMarketer and MobileBurn. Crook is fascinated with alternative energy production and greentech. She is now a writer for CrunchGear. ? Learn More LG has been turning a corner of late, getting its mobile division out of a six-quarter-long rut. Today’s Q2 report outlines a 46 percent increase in net profits year-over-year at $138 million, though phone sales continue to be an obstacle. Overall revenues went up from last quarter, but are still down from a year ago. The handset division in particular had an operating loss of $49.5 million, which has a lot to do with the decline in feature phone sales. Smartphone sales, on the other hand, rose to 44 percent of all units sold, which is up from Q1's 36 percent. It’s not expected that LG compete directly with the iPhone, but the...

Ingrid is a reporter for TechCrunch, joining February 2012, based out of London. She comes from paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect. When it comes to work, she feels most... ? Learn More ARM Holdings — supplier of microchips for Apple’s iPhone and iPad products, Samsung’s Galaxy line and soon technology for Microsoft’s Windows 8 devices — continues to report strong results while riding the wireless device boom and expanding to newer areas. The company reported Q2 earnings (ended June 30) of £135.5 million ($213 million), beating analyst estimates of $206 million. Net profit was up by 48 percent, to £39.4 million compared to £26.6 million for the same quarter a year ago. Pointedly, the company is gearing up for continuing good fortune, at least for the next quarter: It says it has a “re...

Biggs is the East Coast Editor of TechCrunch. Biggs has written for the New York Times, InSync, USA Weekend, Popular Mechanics, Popular Science, Money and a number of other outlets on technology and wristwatches. He is the former editor-in-chief of Gizmodo.com and lives in Bay Ridge, Brooklyn. You can Tweet him here and G+ him here. Email him directly at... ? Learn More Apple closed its record June quarter with $117 billion in cash reserves, up from $110 billion last quarter. Crediting strong sales of almost all products as well as an improved economy. Asia-Pacific growth increased 25% this quarter (down from 100% last quarter), 2/3s of which came from China. Apple announced they would also continue their stock buyback program over the year. AAPL closed with a market cap of 561.90B while competitors like Dell and HP closed at 20.23B and 35.46B respectively. View the original article here This post was made using the Auto Blogging Software from WebMagnates.org This line will not app...