Investors have been salivating over the possibilities for years, and according to the Wall Street Journal, the wait is nearly over. Facebook is going to file for its IPO next week with a company valuation of between $75 an $100 billion. Not only will the IPO let people own a piece of Facebook, but this will finally let employees cash out those stock options.
The hardest part about watching a nerd fight is knowing which side to root for. Such is the position we find ourselves in as two security giants squabble over claims the other is making. What started the whole thing was Symantec telling Reuters in an interview earlier this week that it was snatching up antivirus market share from competitor McAfee.
Big things might be in store for Motorola Mobility if Google's acquisition is able to proceed unabated, but for the fourth quarter of 2011, the mobile device maker posted a net loss of $80 million, albeit that figure is largely the result of write-off costs related to the proposed takeover. Still, it's a complete reversal of fortunes compared to the fourth quarter of 2010 when Motorola Mobility posted an $80 million profit.
The words of Neil Sedaka singing about how "Breaking Up is Hard to Do" must be ringing in AT&T's ears. The wireless carrier reported a substantial $6.7 billion loss for the quarter ended December 31, 2011, which is mostly attributable to breakup fees resulting from AT&T's failed attempt to acquire T-Mobile. That's a nearly $8 billion swing from one year prior when AT&T posted a profit of $1.09 billion.
Nintendo offered a couple of excuses as to why it posted significant losses for the April-December period when one year prior the numbers were looking pretty rosy. The house that Super Mario built got beat up during the nine months ended December 31, 2011, with sales totaling 556.2 billion yen, or $7.2 billion, down nearly a third from the same time period in 2010.
If Nokia's upcoming Lumia 900 device proves all that a bag of chocolate covered popcorn, perhaps it will give the Finnish phone maker some much needed momentum going into 2012. Nokia needs the Lumia 900 and subsequent smartphones to be successful. Sales were down 21 percent year-over-year in the fourth quarter at Nokia, and its operating profit tipped into the negative side to the tune of 1.07 billion euros, or $1.4 billion.
AMD won't be popping open any champagne bottles to celebrate 2011, during which time the Santa Clara chip maker pulled in $6.57 billion in revenue, falling flat year-over-year. Revenue also fell flat sequentially at $1.69 billion, representing a net loss of $177 million, or $0.24 per share, along with operating income of $71 million. But all things considered, it could have been much worse.
The general consensus is that Research In Motion needs to do something drastic if it has any shot at all of restoring relevance and competing with Apple and Android. 
We always expect Apple to post big quarterly numbers, but the sheer volume of cash Apple made last quarter almost defies description. The Cupertino-based maker of iDevices has announced that it pulled in $46.3 billion in revenue for Fiscal Q1 2012, the period that ended December 31. That is nearly double the 2011 value.
Verizon Wireless today said its year-over-year quarterly revenue grew by 7.7 percent in the fourth quarter of 2011, the largest it's been in VZW's 11-year history. The company also touted strong cash flows and 18.2 percent shareholder returns in 2011, but none of it could mask the fact that VZW posted a loss of 71 cents in diluted earners per share (EPS), or a loss of $2.02 billion, compared with earnings of 93 cents a share, or a profit of $2.64 billion one year prior.
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