*Expects third-quarter revenue $975 mln- $1.03 bln vs est $1.01 bln. *Forecasts adjusted earnings $0.29- 0.35/ share vs est $0.35. Adobe is the latest traditional software company to make a big bet on the cloud-based subscription model pioneered by companies such as Salesforce.com Inc, NetSuite Inc and Google Inc..» Read More
For Sony, it's about time. For Microsoft, "worry time" might be upon it. What's stunning, however, is how long it took for Sony to re-assert itself in the video game console market and shift the tide that swallowed up its industry lead.
It's official, or as official as this is going to get: HD DVD is dead; long live Blu-ray! All along, industry pundits have compared the next-generation DVD format war to the Beta vs. VHS conflict when VCRs first burst on the scene. I didn't realize just how true that comparison truly was.
Microsoft's hostile play for Yahoo certainly isn't lacking from strong opinions about the deal from experts on both sides of the argument. But the more interesting opinions are coming from the companies themselves.
Forget about Apple Inc. for a second; even the ongoing drama between Microsoft and Yahoo: the real news on the technology front comes from George Lucas and his plans for the next installment of "Star Wars."
Research in Motion appears to be suffering from growing pains and while strong sales are usually good news for a company, they could become cataclysmic if the company can't handle the additions.
Apple Inc. as a "value play?" Seems counter-intuitive to think of a company trading at better than 20 times next year's earnings as a "value," but maybe--just maybe--the Street is coming around to the idea that the growth and potential of this company seem horribly undervalued.
It is a "CrackBerry" addict's worst nightmare: a catastrophic outage affecting the company's entire network in the Americas. In an e-mail to its enterprise clients, Research in Motion says it has suffered a "critical severity outage" --and the company as of yet is providing no details as to when the network will be back up and running.
Yahoo will make public a letter from its board of directors Monday morning before the US stock market opens rejecting Microsoft's $31 hostile bid for the company as "massively undervalued," sources tell me.
Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.
The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.
Question: I would like to get on a financial budget and need to know which financial budgeting software you recommend?
Microsoft's proposed acquisition of Yahoo would marry the world's biggest software maker with a leading Internet media company, shaking up the online market.
Yahoo Chief Executive Jerry Yang told employees in an e-mail that no decision has been made about Microsoft's bid to buy the company for $44.6 billion.
Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.
If guidance and outlook have been the Achilles' heels of so many great-earnings-reports-gone-bad this earnings season, then the grand-daddy of them all could come at the close Wednesday when Cisco Systems reports its earnings.
Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...
With all the attention we lavish on Google as it breaks through one stock-price plateau or another, it seems only fair to cover the company's stock as it retreats as well. Retreat might be an understatement.
Google's effort to raise antitrust concerns about Microsoft's $42 billion bid for Yahoo has several flaws, analysts said.
Microsoft said Monday it may borrow money for the first time in its history to fund a portion of its $44.6 billion unsolicited offer for Yahoo.
I read and re-read the blogpost from Google Chief Legal Officer David Drummond yesterday -- distracted from the Super Bowl by the words on the screen because I couldn't believe what I was seeing. The real clash of the titans was unfolding -- not on the gridiron, but online.