HP Software earnings show promise in down economy
Dec. 03, 2008
Not so long ago, HP made public its ambitious plan to become a leading software provider. With chief Mark Hurd at the helm, the company known for making most of its money via hardware and other products declared it ...
AMD lowers forecast for Q4 revenue
Dec. 04, 2008
Advanced Micro Devices expects revenue for its fourth quarter to be 25 percent lower than its third-quarter revenue, the company announced Thursday.
AT&T to cut 12,000 employees through 2009
Dec. 04, 2008
AT&T will lay off 12,000 workers through 2009 as the company reorganizes and faces a tough economic environment, the company said Thursday.
RIM lowers outlook with preliminary Q3 results
Dec. 03, 2008
Research In Motion's preliminary results for its just-concluded fiscal third quarter fell below its earlier forecast, with economic woes and product delays the prime culprits, the company said Wednesday.
Mobile handset market to shrink in 2009, says iSuppli
Dec. 03, 2008
The global cell phone handset market will contract next year as consumers hang on to their handsets longer amid tough economic times, market-research company iSuppli said Wednesday.
World Wiki Plus for iPhone
Nov. 29, 2008
Apple's App Store lately bears a curious resemblance to the American book trade of the late 18th and early 19th centuries. At the time, Congress hadn't gotten around yet to settling copyright law. Often, printers would ...
Wall Street Beat: Hardware taking brunt of recession
Dec. 04, 2008
... W. Baird lowered its quarterly earnings forecast for Intel by $0 ... in demand, it would revise earnings goals and quicken the pace ... longer forecasts a doubling of earnings for 2010, and will take ...
Akamai slashes 7% of its workforce
Nov. 20, 2008
Akamai said this week it will be laying off 100 workers, or roughly 7% of its global workforce, in an effort to reduce its operating costs.
Wall Street Beat: Tech shares sink to 6-year lows
Nov. 20, 2008
Upbeat earnings news from Hewlett-Packard and Salesforce.com and better-than-expected October PC sales in the U.S. could not boost confidence in the technology sector as IT investors continue to dump shares, bringing ...
Wall Street Beat: Clouds loom for IT despite holiday break
Nov. 27, 2008
The U.S. Thanksgiving holiday is bringing momentary relief to weary IT investors, but forecasts of flat sales or absolute declines for semiconductors, mobile devices and online commerce mean that it will be a while ...
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