USA Today reports although strong quarterly earnings were reported from Intel, Yahoo, and Apple from their financial statements Wednesday — their stocks tumbled in after-hours trading on the news due to an anticipated tech rebound.

"Yahoo said it earned $75 million, or 11 cents a share, compared with $46.2 million, or 8 cents, a year earlier — exceeding analysts' predictions by a penny.

Revenue more than doubled to $664 million, including some revenue sharing with partners. Helping it: online ad sales from its acquisition of Web advertising-driven search engine Overture Services and fee-based subscriptions. Yahoo has 5 million paying customers, compared with less than 500,000 two years ago. Yahoo and Sina, China's largest Internet portal, also announced an agreement Wednesday to create an auction service.

Yahoo expects revenue of $2.12 billion to $2.25 billion this year — in line with analyst forecasts, according to Thomson First Call. Shares of Yahoo dipped 4% to $46.55 in after-hours trading."