Today in Tech: Can Netflix save itself?April 25, 2012: 3:30 AM ET
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* Apple (AAPL) bested many analyst predictions with quarterly profits of $11.6 billion on sales of $39.2 billion. That represents a 95% spike in profits compared with the same time a year before. Much of the increase had to do with stronger-than-expected iPhone sales of 35.1 million units.(CNNMoney)
* Google (GOOG) finally launched its own file-sharing service, Google Drive, which operates similarly to Dropbox. Google Drive users will get up to five gigabytes of free storage for videos, photos, etc., and an additional 100 GB for $4.99 a month. (In comparison, Dropbox charges $19.99 a month for the same amount of storage.) (Fortune)
* Facebook's IPO could be delayed due to what CNBC calls "a string of acquisitions and other business distractions." Mark Zuckerberg's focus on other areas could mean the start of trading may be pushed off until as late as end of May. (CNBC)
* Once seemingly unbeatable, Netflix (NFLX) has fallen on hard times, with weak subscriber growth predicted for the coming months and poor reviews of its first original series, Lilyhammer. Is the company doomed? (The New Yorker)
* The asteroid-mining venture Planetary Resources Inc., backed by director James Cameron, Google (GOOG) CEO Larry Page and Chairman Eric Schmidt, outlined its plan to send robotic spacecraft into space and mine asteroids for natural resources. (The Wall Street Journal)
* Why tablets will become most people's primary computing device. (Forrester/Frank Gillett)
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