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Elder Scrolls V: Skyrim How to get easy money! - Video
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How to make MONEY online with a digital camera and digital photos - Video
28-04-2012 04:45 Created using the Stupeflix Youtube App
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How to sell digital photos online for MONEY. Make MONEY with your digital camera - Video
Western Digital (NYSE: WDC) reported earnings on April 26. Here are the numbers you need to know.
The 10-second takeawayFor the quarter ended March 30 (Q3), Western Digital crushed expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share increased significantly.
Margins expanded across the board.
Revenue detailsWestern Digital tallied revenue of $3.04 billion. The 16 analysts polled by S&P Capital IQ anticipated revenue of $2.42 billion on the same basis. GAAP reported sales were 35% higher than the prior-year quarter's $2.25 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS detailsEPS came in at $2.52. The 19 earnings estimates compiled by S&P Capital IQ predicted $1.55 per share. GAAP EPS of $1.96 for Q3 were 216% higher than the prior-year quarter's $0.62 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin detailsFor the quarter, gross margin was 32.2%, 1,400 basis points better than the prior-year quarter. Operating margin was 18.4%, 1,090 basis points better than the prior-year quarter. Net margin was 15.9%, 940 basis points better than the prior-year quarter.
Looking aheadNext quarter's average estimate for revenue is $4.41 billion. On the bottom line, the average EPS estimate is $2.48.
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Western Digital Beats Analyst Estimates Silly
The Seattle Mariners got some bad news Friday about center field, specifically center fielder Franklin Gutierrez. Not only is the veteran coming back slowly from a right pectoral injury, but he has developed a case of plantar fasciitis. On the other side of the coin, Gutierrez's replacement, Michael Saunders, is giving the club plenty of reasons to breathe easily. Saunders had his biggest day of the season with two homers Friday in Toronto. He homered in the ninth with the Mariners down two runs to help force extra innings against Blue Jays closer Francisco Cordero. Then in the 10th, he delivered a grand slam off Luis Perez to secure a 9-5 Seattle win, the fourth in a row for the Mariners. This is the same Saunders who was given a chance to replace the often-injured Gutierrez last year but faltered badly. "Saunders is a completely different hitter this year," manager Eric Wedge said. "To his credit, he's always been a complete player, but the hitting has been a bit short. This year, it hasn't been. He is still learning; I'm impressed with the way (he) fought through his early at-bats. That put him in position to do more later." The Mariners suffered badly without Gutierrez last season. But with Saunders hitting .254 with three homers and 11 RBIs, things are looking up this time around.
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Saunders belts two clutch homers in Mariners victory