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A look at recent tech-industry earnings

Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:

Jan. 18: EBay Inc. says its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results beat Wall Street’s expectations, boosted by strong holiday sales at its namesake website and growth at PayPal, its online payments business.

Jan. 19: A slowdown in Google Inc.’s earnings growth alarms investors. Net income edged up just 6 percent from the same October-December period in 2010, coming off year-over-year increases of more than 25 percent in each of the previous two quarters.

IBM Corp.’s fourth-quarter earnings handily beat Wall Street’s expectations, helped by higher revenue and profit margins in the technology icon’s lucrative software and services segments.

Intel Corp., the world’s largest chip-maker, says its profit rose 6 percent in the latest quarter, topping analyst expectations, even as hard-drive shortages held back PC makers’ chip orders.

Microsoft Corp. battled through a weak PC market to post flat earnings in the latest quarter, boosting sales of servers, Xbox games and its Office productivity software while trimming losses at its Bing search engine.

Monday: Texas Instruments Inc. says it will close computer-chip factories in Houston and Japan in a cost-cutting move that will lay off about 1,000 workers, or about 3 percent of its workforce. Fourth-quarter results topped analyst estimates.

Tuesday: Apple Inc. reports results that vastly exceeds analyst estimates and sets new records. That came after uncharacteristically tepid sales in the July-to-September quarter. Apple says net income in the latest quarter was $13.87 per share, more than double the $6.43 per share a year ago and above analyst estimates of $10.04 per share.

Yahoo Inc.’s latest financial results show the Internet company is still losing ground in the battle for online advertising. Earnings in the latest quarter were down 5 percent and matched analysts’ expectations. However, Yahoo fell short on a key metric. After subtracting advertising commissions, Yahoo’s revenue totaled $1.17 billion — $20 million below analyst projections.

Advanced Micro Devices Inc. reports a loss for the fourth quarter, after the chip-maker wrote down the value of an investment in its former GlobalFoundries unit by $209 million and recorded $98 million in restructuring costs. After excluding one-time items, AMD earned 19 cents per share. Analysts expected the company to report a profit of 16 cents per share.

EMC Corp.’s results for the latest quarter surged past analyst estimates while the forecast for this year called for double-digit growth in earnings and revenue. It’s a further sign that the world’s largest maker of data-storage computers is benefiting from a shift to cloud computing, in which companies run software and services on remote computers.

Coming up:

Wednesday: Netflix Inc., Xerox Corp., Motorola Solutions Inc.

Thursday: Nokia Corp.

Jan. 26: Motorola Mobility Holdings Inc.

Jan. 31: Amazon.com Inc.

Feb. 1: Qualcomm Inc.

Feb. 8: Cisco Systems Inc.

Feb. 21: Dell Inc., Salesforce.com Inc.

Feb. 22: Hewlett-Packard Co.

March 19: Adobe Systems Inc.

March 29: Research in Motion Ltd.

Unknown: Oracle Corp.

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