2015 Event Apple reports higher earnings than expected by Wall Street, at $2.33 per share for the second quarter versus the projected $2.16 per share; earnings were boosted by strong sales of the latest iPhone models and increased sales in China 2014 Event Chinese e-commerce giant Alibaba announces second-quarter earnings of over $1.1 billion , more than twice the combined income of U.S e-commerce giants Amazon and Ebay; Alibaba will issue its U.S. IPO in mid-September 2014 Event Facebook announces first-quarter profits of $642 million, an increase of nearly a factor of 3 over first-quarter profits in 2013, resulting in earnings of 25 cents per share versus the 17 cents per share expected by Wall Street 2014 Event Strong quarterly earnings cause Facebook stock to rise 16 percent; the company boasts 755 million active users, and its ad revenue increased by 76 percent year over year to $2.34 billion 2014 Event Apple releases earnings for the fourth quarter of 2013; its stock price drops eight percent because they sold 51 million iPhones, falling short of analyst expectations that they would sell 55 million iPhones 2014 Event Apple announces its holiday earnings will be announced January 27; investors will care most about the company's iPhone and iPad sales 2012 Event Strong manufacturing figures and company earnings cause the Dow Jones Industrial Average to reach a four-year high 2012 Event U.S. company Google, Inc., announces its 2012 first quarter earnings rose by more than 24%, and net profits increased to $8.14 billion 1989 Event IBM announces earnings up 10.4% in 1988 1951 Birthday Pat Bradley, golfer, leader in LPGA career earnings 1950 Event General Motors reports net earnings of $656,434,232 (record)