Thursday, July 18, 2013

Tech stocks: Google, Microsoft to report earnings Brett Molina, USA TODAY 8:31 a.m. EDT July 18, 2013 Google-HQ (Photo: Justin Sullivan, Getty Images) SHARECONNECT 3 TWEETCOMMENTEMAILMORE It's time for a pair of tech heavyweights to report quarterly earnings after the markets close Thursday. Let's look at the technology stocks to watch. Google shares up slightly. With its stock price slowly marching toward the $1,000 mark, the tech titan reports second-quarter earnings after the bell. Analysts expect Google to report an earnings per share of $10.78 with revenue of just over $14 billion. Shares of Google have surged in the past 12 months, adding more than $300 in value since hitting a 52-week low of $580.76 on this day a year ago. Microsoft to report earnings. Shares of the Redmond, Wash., company are barely up in pre-market trading as the company reports quarterly earnings after unveiling a massive restructuring. Last week, Microsoft CEO Steve Ballmer announced a major reorganization of the company he says will help them become more efficient. The company has also made news related to its product line. Last week, the company slashed prices on its Surface RT tablets by $150. In May, the company revealed the Xbox One, its video game console that will succeed the Xbox 360. However, reception to the console has been mixed, primarily due to restrictions to software that have since been removed.

Tech stocks: Google, Microsoft to report earnings

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It's time for a pair of tech heavyweights to report quarterly earnings after the markets close Thursday. Let's look at the technology stocks to watch.
Google shares up slightly. With its stock price slowly marching toward the $1,000 mark, the tech titan reports second-quarter earnings after the bell.
Analysts expect Google to report an earnings per share of $10.78 with revenue of just over $14 billion.
Shares of Google have surged in the past 12 months, adding more than $300 in value since hitting a 52-week low of $580.76 on this day a year ago.
Microsoft to report earnings. Shares of the Redmond, Wash., company are barely up in pre-market trading as the company reports quarterly earnings after unveiling a massive restructuring.
Last week, Microsoft CEO Steve Ballmer announced a major reorganization of the company he says will help them become more efficient.
The company has also made news related to its product line. Last week, the company slashed prices on its Surface RT tablets by $150. In May, the company revealed the Xbox One, its video game console that will succeed the Xbox 360. However, reception to the console has been mixed, primarily due to restrictions to software that have since been removed.

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