Week in review: Netflix, Microsoft post solid earnings, but investors unimpressed

Investors are a hard bunch to please these days.
Netflix and Microsoft both posted largely stellar quarterly earnings results this week. But investors found things to nitpick about and sold off shares in the companies.
The following is a roundup of my stories from Investor’s Business Daily at Investors.com and Click, IBD’s Tech Blog.

Microsoft is arming itself for battle in the mobile device space against Apple and Google through a licensing deal with ARM Holdings. (July 23, 2010)

Microsoft posts strong Q4 results. Investors unimpressed. Steve Ballmer must be pulling out what’s left of his hair. (July 22, 2010)

Netflix shares dive as some investors re-evaluate the company’s prospects. (July 22, 2010)

More Netflix subscribers are choosing the movie service’s cheaper plans, which helps profits, but hurts sales. (July 22, 2010)

Consumer Electronics Association ups its 2010 U.S. sales forecast to 3% growth, thanks to hot items like tablet computers and 3-D TVs. (July 22, 2010)

Video game players now can be like Mike. Gamers can relive basketball legend Michael Jordan’s greatest moments in “NBA 2K11” from Take-Two Interactive Software. (July 22, 2010)

Apple customers choosing higher-end iPads. (July 21, 2010)

Apple posts blow-out Q3, guides analysts higher on Q4 revenue. (July 20, 2010)

Netflix announces plan to offer streaming movies in Canada this fall. Details sketchy. (July 19, 2010)