Today in Tech: Apple's blowout quarterJanuary 25, 2012: 11:37 AM ET
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"We should support everyone who's willing to work; and every risk-taker and entrepreneur who aspires to become the next Steve Jobs." -- Barack Obama during his State of the Union address (TechCrunch)
* Apple (AAPL) surprised everyone by reporting huge numbers for its latest quarter. iPhone sales spiked 128%, iPad sales jumped 111%, and Mac sales climbed almost 26%, helping boost overall revenues to nearly $46 billion, a 73% jump over the previous quarter. (Fortune)
* Meanwhile, Yahoo (YHOO) announced earnings that lined up with analyst expectations. The Internet company reported a decline in revenues of 3%, to nearly $1.2 billion and a drop in net income of 5%, to $296 million. "The work is ongoing," CEO Scott Thompson explained during the earnings conference call. "I believe there is big potential at Yahoo, much bigger than the outside world envisions today." (The New York Times)
* Google (GOOG) announced that it plans to follow the behavior of users across many of its sites, like YouTube, Gmail and Google search. While the company had previously been collecting some user data, this marks the first time the company will use the data from various services to assemble a more, cohesive and complete profile of the user. Users themselves won't be able to opt out of this data collection process, which begins March 1. (The Washington Post)
* How the recent shut down of popular file-storage company Megaupload could have a chilling effect on the growing online storage industry as a whole. (The Wall Street Journal)
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