Sept 2- Business software maker Compuware Corp agreed to be bought by private equity investment firm Thoma Bravo LLC in a deal valued at about $2.5 billion.» Read More
Microsoft shares soared to a six-year high Friday, after issuing a muscular first-quarter earnings report and raising its full-year earnings guidance the day before.
Microsoft posted a rise in quarterly profit, boosted by healthy demand for personal computers loaded with its Windows operating system and strong sales of its "Halo 3" video game.
It's not often I do a double-take when I read a financial earnings report, but I had to make sure I was looking at Microsoft's numbers and not some other company's. The company beats by 6 cents a share; 45 cents instead of the 39 cents the Street was expecting.
Singer-guitarist Walter de Castro couldn't believe his luck when he found out his band's song "The Core" would be featured on "FIFA 2008," the Electronic Arts popular soccer game.
Microsoft has momentum as its friend when it comes to the game console business. Finally. Halo 3 has been like a magic elixir for Xbox 360, by some measures tripling console sales in the wake of the title's release, and for the first time, Microsoft beat sales of Nintendo's Wii during the month of September, selling an average of 105,600 units a week last month.
The pressure was on for Apple following the big-time run in these shares these past several weeks. These shares rallied into today's earnings news. The research firm Caris just this morning took the bold step in raising its target to $200.
Texas Instruments said quarterly earnings grew 16 percent from the year-ago quarter thanks to strong analog chip sales, but the mobile chipmaker forecast revenues below analysts' estimates, sparking a drop in its stock.
Netflix, the largest online DVD rental company, handily beat Wall Street targets for earnings, revenue and subscriber growth.
When it comes to Apple Inc., the bar is set so nose-bleedingly high that you gotta wonder whether this company is poised to perform or plummet when it releases earnings this evening. Shares continue to climb today, up another 2% at this writing, a kind of serene island in the midst of the volatile vagaries and stormy seas on Wall Street.
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft's "Halo 3" and Nintendo's Wii console.
European stocks finished in negative territory Thursday, after a sharper-than-expected drop in Bank of America's third-quarter profit caused by the credit crisis dragged financial and banking stocks lower.
SAP said it should reach the top of its full-year sales guidance range after a solid third quarter in which it met market expectations, and forecast demand for its software would stay strong into 2008.
Steve Jobs has a message for third party software developers who have largely been shut out of the iPhone extravaganza: Call Us Up! In a sharp reversal to an earlier policy, and in an open letter from Jobs posted on Apple's web site, the company is now inviting software developers to create applications for the iPhone that would live on the iPhone's memory and not on the web.
Check a chart of eBay these last three months and you'll see a company in rally mode; a rally that is continuing in a big way today and today's momentum comes from an ironic source. Earlier this quarter, eBay wrote down its Skype investment by about 50%...
The news from tech seems pretty good at first blush, and it's coming from some surprising places. Most notably, the news from Yahoo and the shares are reacting nicely. More than nicely. Yahoo shares scampered 10% as this news trickled out, and I have to say, I'm surprised.
IBM posted a 6 percent rise in quarterly profit on strength in its services business, but profit margins narrowed.
Well, it's about time. That might be the familiar refrain coming from Apple investors as well as the Mac faithful who had to give up Leopard's place in the development line in favor of the company's new favorite flavor, the iPhone.
Microsoft said Tuesday it expects its unified communications product - the company's effort to link e-mail, instant messaging and phone systems over Internet networks - to become one of the fastest-growing segments of its $16 billion business division.
This will be a giant week for tech stocks and tech investors, beginning with three huge names reporting earnings Tuesday: Yahoo, Intel and IBM. So rather than focus on what these companies HAVE reported, I thought I'd focus on what to expect instead.
Get the best of CNBC in your inbox
Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
When shopping his comedy special, Jim Jefferies chose Netflix over broadcast and cable television. And he's not the only one.
The sky-high valuations of some tech start-ups have yet to be justified, says investor Roger McNamee.
Though known for his roles on "Psych" and "West Wing," television star Dulé Hill moonlights as co-founder of the Nomino app.