Yes Google did it again – the search giant has just announced revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2012, TAC totaled $2.51 billion, or 25%...

The search giant Google just reported revenues of $10.65 billion for the quarter ended March 31, 2012, an increase of 24% compared to the first quarter of 2011. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the first quarter of 2012, TAC totaled $2.51 billion, or 25% of advertising revenues. That...

The South-Korean giant Samsung has estimated that it will earn between 44 and 46 trillion Korean won in consolidated sales (around $39 billion) and profits...

Adobe reported financial results for its first quarter of fiscal year 2012 ended March 2, 2012. Revenue in Q1 FY2012 was $1.045 billion, which included $9.6 million of revenue from the acquisition of Efficient Frontier which closed in January 2012. Diluted earnings per share were $0.37 on a GAAP-basis, and $0.57 on a non-GAAP basis. Operating income was $289.0 million...