Amazon.com Announces Second Quarter Sales up 41% to $6.57 Billion
SEATTLE, — Amazon.com, Inc. announced (July 22) financial results for its second quarter ended June 30, 2010.
Category Archives: Technology
Iconic Books, Such as John Updike’s Pulitzer Prize-Winning Rabbit Series and Vladimir Nabokov’s “Lolita,” Now Available Electronically for the First Time Ever, Exclusively in the Kindle Store
*Amazon’s Kindle Store now exclusively offering 20 books from The Wylie Agency’s new Odyssey Editions imprint*
SEATTLE, Jul 22, 2010 – Amazon.com, Inc. today announced that The Wylie Agency is publishing 20 books from some of literature’s most influential authors through its new Odyssey Editions imprint (www.odysseyeditions.com) and making them available for sale exclusively in the Kindle Store (www.amazon.com/kindlestore).
This is the first time any of the titles–which include Norman Mailer’s “The Naked and the Dead,” Philip Roth’s “Portnoy’s Complaint” and Ralph Ellison’s “Invisible Man”–have been available electronically, and all of the books are exclusive to the Kindle Store for two years.
Smarter Farming: California’s Sun World Transforms Produce Business with IBM Technology
*Reduces use of natural resources, including 20% less energy*
ARMONK, N.Y. and BAKERSFIELD, Calif. – 21 Jul 2010: IBM today announced that Bakersfield, Calif. based agribusiness Sun World International LLC is harnessing IBM analytics technology to improve crop yields, reduce waste and expand its customer base, while providing more cost effective and energy efficient harvesting practices.
Kinect Pricing, All-in-One Bundle Announced
REDMOND, Wash. – July 20, 2010 – Microsoft today officially announced the price tag Kinect will have when it hits stores this fall.
IBM Closes Acquisition of BigFix
ARMONK, N.Y., – 20 Jul 2010: IBM today announced that it had completed the acquisition of BigFix, Inc., a privately-held company based in Emeryville, Calif. Financial details were not disclosed.
Kindle Device Unit Sales Accelerate Each Month in Second Quarter; New $189 Price Results in Tipping Point for Growth
*Amazon.com Now Selling More Kindle Books Than Hardcover Books*
IBM Reports 2010 Second-Quarter Results
ARMONK, N.Y. – 19 Jul 2010:
- Diluted earnings per share of $2.61, up 13 percent;
- 30 consecutive quarters of EPS growth, 12 of last 14 at double digits;
- Full-year 2010 EPS expectations raised to at least $11.25;
- Net income of $3.4 billion, up 9 percent;
- Pre-tax income of $4.6 billion, up 7 percent;
- Pre-tax margin of 19.3 percent, up 1 point;
- Revenue of $23.7 billion, up 2 percent, as reported and adjusting for currency;
- Growth markets revenue up 14 percent; first-half revenue as large as total Euro zone revenue;
- BRIC countries revenue up 22 percent;
- Business Analytics revenue up 14 percent;
- Software revenue up 2 percent, 6 percent excluding divested PLM operations;
- Systems and Technology revenue up 3 percent;
- Services revenue up 2 percent;
- Services backlog of $129 billion, up $1 billion, adjusting for currency.
IBM (NYSE: IBM) today announced second-quarter 2010 diluted earnings of $2.61 per share compared with diluted earnings of $2.32 per share in the second quarter of 2009, an increase of 13 percent.
Report Names IBM No.1 in Global Middleware Software Market
ARMONK, N.Y.: IBM announced, on July 16, that industry analyst firm International Data Corporation (IDC) has ranked it the worldwide leader in the middleware software market.
According to IDC, IBM was the leading worldwide application deployment software vendor with 31.9 percent market share based on revenue, nearly double that of its closest competitor.