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Bay Area Profits Timeline Tuesday, April 24 Bookmark and Share     Author
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Apple reports rare fall in profits  Computer and smartphone maker has reported its first quarterly drop in profits in a decade, but said it will raise dividends for shareholder... Google's stock price breaks $800 for 1st time  Renewed confidence in the ability to reap steadily higher profits from its dominance of Internet search and the important mobile device mark... Apple stock falls under $600 after holiday warning Oracle quarterly profits up 18 percent Revenue falls 3%; profit plunges 91%  HP: New CEO Meg Whitman warned that HP expects lower revenue and profits in 2012, while promising more reliability and less 'drama' Profits fall, but beat expectations. Cisco Yahoo quarterly profits fall 26% Gap's 2Q profits down 19 percent PG&E reports higher 2nd-quarter profits Profits of $7.73 billion soar 43%  Chevron: Chevron fueled by a geyser of higher oil and gasoline prices; earnings easily topped Wall Street's predictions Ross profits meet Street expectations
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B. 2017-08-17 Gap profits more than double in retailer's second quarter Gap
C. 2016-02-25 Gap's shares fall in late trading on weak profit outlook Gap
2015-11-04 Facebook reports jump in profits Facebook
E. 2015-05-13 John Chambers keeps Cisco on track ahead of departure Cisco
5. 2015-04-21 Yahoo missed expectations for profits and revenues Yahoo
G. 2014-10-28 Facebook's mobile momentum grows as sales top $3b Facebook
7. 2014-07-21 Netflix profits double to $71m Netflix
8. 2014-07-16 eBay racked up profits of $676 million eBay
J. 2014-06-19 Oracle falls after earnings Oracle

Facebook revenue surges 60%
Gap profits more than double in retailer's second quarter  Shares of the Gap jumped Thursday after the retailer more than doubled its fiscal second-quarter profit and boosted its outlook for the year Gap's shares fall in late trading on weak profit outlook  The outlook came as the chain reported a 33 percent drop in fourth-quarter profits as business was hurt by a strong U.S. dollar and strategic... Facebook reports jump in profits  Facebook has reported a spike in profits in the third quarter on the back of increased advertising sales John Chambers keeps Cisco on track ahead of departure Yahoo missed expectations for profits and revenues Facebook's mobile momentum grows as sales top $3b Netflix profits double to $71m eBay racked up profits of $676 million Oracle falls after earnings  Oracle failed to meet expectations for both profits and sales in its quarterly report released. Net income was of $3.65 billion, or 80 cents... Facebook earnings rise on mobile ads   Social networking giant Facebook has reported profits of $642m (383m) during the first quarter of 2014, beating analyst expectations Growth concerns slash Apple stock price despite record sales

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year 2014 Top ^

  Profits declined in 2013 and the company's trajectory and forecast causes concerns that revenue growth could follow the same path

year 2013 Top ^

  Social networking giant Facebook reported a 60% surge in revenue, to $2.02bn, in the third quarter, generating profits of $425m


year 2012 Top ^


year 2011 Top ^

  Pleasanton: Bolstered by holiday shoppers hungry for discounts, Ross Stores posted solid fourth-quarter profit that met Wall Street's expectations
Mar.13 Japanese restaurants helps relief efforts
  San Francisco: Ebisu, one of San Francisco's oldest Japanese restaurants, is donating some of its profits to the victims of the earthquake in Japan
Jan.13 Intel sees record profits
  Intel reported record-setting quarterly profits and income. It just had its best year ever

year 2010 Top ^

Oct.14 Advertising revenues lift Google
  Google's latest quarterly results have beaten market expectations after it posted a 32% rise in profits. The net profit is $2.17bn Apr.25 Bay Area firms' profits soar, shares slump Jan.27 Oracle completes Sun acquisition Jan.26 Revenue falls but exceeds expectations. Yahoo

year 2009 Top ^

Jul.31 Chevron profits tumble 71%  2nd-quarter profits fell 71 percent and the company put its entire land-based natural gas drilling operation on hold, citing dismal demand Jul.23 Netflix Exceeds Expectations, Profits Rise
  2nd-quarter profit is following a familiar script as recession-weary consumers flocked to its DVD-by-mail and Internet streaming service
Jun.11 New CFO Likely To Shake Things Up  Yahoo: Yahoo lured Tim Morse away from Altera, signaling the determination to weed out the bureaucracy that has been dragging down the profits May.2 Chevron profit falls along with oil prices  Chevron reported its worst quarterly performance in 5 years, as lower oil prices and a fierce global recession slashed the profits by 64% Apr.20 More Woe Expected In 1Q Earnings. Yahoo Apr.9 Chevron says 1Q profits sharply lower Jan.22 Google reports sharp decline in profits  Google reported sharply lower 4th quarter profits from bad investments, while its core business showed resilience amid the global recession

year 2008 Top ^

Oct.1 SEC charges two with insider trading  Santa Clara: The former CEO of Genesis Microchip and his childhood friend have been charged for allegedly netting more than $85,000 in illegal profits Jul.30 Visa Profits Jump 41%
. San Francisco Apr.8   Levi Strauss 1st Quarter Profit Up 12%  San Francisco: Jeans maker began its new fiscal year with a 10th straight quarter of higher profits, but the momentum appears to be tapering off Feb.23 PG&E Corp. has big rise in quarter profit
  PG&E spent more money improving its vast electricity network in 2007 and scored bigger profits as a result; jump 34% in the fourth quarter

year 2007 Top ^

Feb.10   Prosecutors eye Jobs' role in Pixar options
  San Francisco: Feds are scrutinizing options awarded to top Pixar executives on dates that guaranteed them the highest potential profits
Jan.22 CEO Quits After Poor Season Profits
  Gap: Gap Inc. dumped Paul Pressler after a year of broken promises that culminated in a dismal holiday shopping season

year 2006 Top ^

Oct.19 Profits nearly double in 3Q
  Google: 3rd quarter profit that catapulted 92%, handily beating expectations as users increasingly clicked on advertisements
Oct.17 Yahoo, Intel Report 3Q Profit Declines Aug.3 Apple Warns Some Profits May Be Erased
  Apple Computer is uncovering that it improperly accounted for employee stock options Jul.18 Wells Fargo Reports Record Profits May.25   Williams-Sonoma Profits Fall
  San Francisco: Williams-Sonoma posted a 12% drop in net income, hurt by charges for new accounting measures
Mar.23   Profits Soar
  Palm: Strong shipments of its Treo smart phones sent profits surging in its fiscal third quarter
Mar.3 Stocks Slip After Revenue Warning. Intel Jan.31 Profits Nearly Double, Off Analyst Target
  Google: Rapid financial growth decelerated in the 4th quarter as the profit fell below analyst expectations Jan.17 Wells Fargo Profits Up, but Misses Goal
  Net income grew 8% in the quarter from a year earlier, but profits of $1.14 a share missed analysts' estimates

year 2005 Top ^

Jul.28 Chiron's earnings hit hard
  Emeryville: The losses from the back-to-back failures of 2 flu vaccine manufacturing plants eroded profits
Jul.19 Record Sales As Earning Grow
  Intel: 2nd-quarter earnings grew 16% and sales jumped to a $9.23 billion as Intel profits from the popularity of notebooks Profits Up, Not Enough For Analysts
  Wells Fargo: The firm reported its profit climbed 11% during its second quarter thanks to increased customer borrowing
Jul.11 Profits Soar 73% in 2Q. Genentech Apr.13 Profits up, shares dip on outlook. Apple

year 2004 Top ^

Apr.30 ChevronTexaco earnings climbed 33%

year 2003 Top ^

Nov.12 PG&E profits rise
  The parent of bankrupt PG&E said its third-quarter earnings improved slightly
Apr.15 Levi Strauss accused of inflating profits
  San Francisco: Jeans maker defended the accuracy of its earnings following a lawsuit by 2 former employees
Mar.3 Calpine restatement to wipe out $52m
  San Jose: Embattled power producer said an accounting change will wipe out some profits reported during the past 3 years
Feb.13     InVision reports soaring profits
  Newark: Bomb-scanning equipment maker reported that its quarter profit soared as it filled orders for devices used at airports
  Intuit profits rise  Mountain View: The personal software maker reported a slightly higher quarterly profit despite TurboTax backlash

year 2002 Top ^

Oct.31     Clorox's CEO would retire
  Oakland: Chief executive Craig Sullivan also announced first-quarter profits shot up 84%, bolstered by the new product sales
Oct.10 Port shutdown will sap quarter profit
  Gap: Shutdown will put a wrinkle in Gap's turnaround efforts by shaving as much as $60 million from its holiday season profits
Sep.7 Big patent win vs. Chiron. Genentech Jul.17 Siebel cutting 1,100 jobs; profits plunge May.17   Network Associates restates earnings
  Santa Clara: Computer security firm is reducing reported profits by about $28 million, after completing an internal probe
Apr.23   InVision earnings ride surge
  Newark: Company saw first-quarter profits surge on a 90% increase in orders for airport security scanners
Mar.5 PG&E powered fourth-quarter earnings
  PG&E reported sharply higher profits at its bankrupt utility. Company earned $529 million, or $1.45 per share
Mar.1   Profits will fall below expectations
  Oracle: Oracle warned that its profit and sales during its latest quarter were weaker than anticipated

year 2001 Top ^

Dec.20   Juniper made revenue warning
  Sunnyvale: Shares fell 15% after the company warned its 4th-quarter profits and revenue will not meet forecasts
Oct.18   Quarterly profits up 24%
  eBay: Third-quarter profits beat analysts' expectations
Oct.17   Profits drop 61%
  Apple: Company beat expectations and warned of a shortfall in profits and revenues in fiscal first quarter
Oct.10   Profits rise
  Genentech: 3rd quarter profits rose sixfold. The results exceeded expectations. Net income is $42.7 million
Aug.16 Gap's profits down 52%
  Slumping retailer beat Wall Street expectations by a cent. Net earnings is $89.7 million, or 10 cents a share
Jul.17 Schwab's profits off 26%
  Online stock brokerage earned $102 million, 7 cents per share, a penny below the estimate
Jul.12   Juniper Networks profits down 47%
  Sunnyvale: Results beat lowered earnings expectations by a penny
May.23   Oracle widens market lead
  Share of the database market rose from 31.4% in 1999 to 33.8% in 2000. Profits will be hurt by price cuts
Apr.24   CEO spars with shareholders
  San Jose: Tony Ridder, CEO of Knight Ridder sparred with current and former employees. He is pushing for higher profits
Apr.18 Profits fall 34%
  AMD: Advanced Micro Devices has 9% rise in sales. The results beat expectations
Feb.6   Cisco missed expectations
  Company missed earnings expectations for the first time in 6 years despite a 50% gain in profits
Jan.11   HP profits down
  Consumer spending lower than expected

year 2000 Top ^

Dec.18   Solectron: Profits up 74%
  Milpitas: Solectron Inc. handles outsourced manufacturing for electronics companies. It earned $190.6M in the quarter
Sep.14   Adobe Beats Expectations
  3rd quarter results profits 39% , earning $78.3 M, or 61 cents per share
Aug.23   Intuit's loss narrower
  Palo Alto: 4th-quarter loss was narrower than forecast, but for the year profits rose 35 percent.
Aug.15   Network Appliance shares fall
  Sunnyvale: Company reported sharp gains in sales and profits but a drop in bookings in first quarter

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