Technology: Hardware
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Trip Chowdhry, Managing Director of Equity Research at Global Equities Research, says Dell's strategy and products are old and Michael Dell doesn't have the skills to turn the company around.
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Dell shares were trading higher before the market's open on strong earnings and an upgrade to buy from Merrill Lynch.
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Dell reported a profit and sales that outstripped analysts' forecasts, vaulting its shares higher in after-hours trading.
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Just a few weeks ago, Dell shares sank to a six-year low. Since then, the stock has popped up 19%. Will this afternoon's earnings report add more momentum to Dell's rally?
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Cisco Systems Chief Executive John Chambers said Wednesday the company is "extremely comfortable" with its long-term growth target and expects the economy to start recovering toward the end of the year.
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Lenovo Group, the world's No.4 PC maker, lagged forecasts despite doubling quarterly earnings, as a one-off gain from the sale of its mobile arm and strong sales in a resilient China market failed to offset stiff competition and a U.S. slowdown in notebook sales.
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Hewlett-Packard posted a higher quarterly operating margin after cost cuts, and said strong growth abroad offset some weakness in the United States, but the shares were lower Wednesday as results couldn't shake off concerns about the company's integration with acquisition target Electronic Data Systems.
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Hewlett-Packard reported a profit that exceeded analysts' expectations but matched the earnings guidance the company gave last week.
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Hewlett-Packard has struck a deal to buy Electronic Data Systems for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM.
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Hewlett-Packard, the world's largest personal-computer maker, is close to a deal to buy technology outsourcing company Electronic Data Systems for $12 billion to $13 billion, a source told Reuters.
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Samsung Electronics, the world's top maker of memory chips, beat expectations with a 37 percent rise in quarterly profit as strong sales and margins in flat screens and mobile phones outweighed weakness in chips.
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Talk about drama: Microsoft's $44 billion offer for Yahoo is coming down to the line and CEO Steve Ballmer is talking tough. If that wasn't enough, Ballmer hinted about a new lease on life for Windows XP.
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Japan's Nintendo, maker of the hit Wii game machine, said on Thursday fourth-quarter profit jumped 60 percent but it forecast only modest annual growth of 9 percent as sales of its DS handheld machine slow.
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Are you happy because your Apple shares are up 35% since late February or sad because they're still down nearly 20% from the beginning of the year? Either way, you need to be ready for this afternoon's earnings report.
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If New York City is the Big Apple, then it wants to make sure it is a green one by being the first major US city to introduce a law requiring residents and manufacturers to recycle used electronic devices.
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ZPower has spent the last 10 years working on silver-zinc rechargeable battery technology and will unveil its first product through a major technology partner in August. CEO Dr. Ross Dueber talks to CNBC.com about the technological, financial and environmental issues for his company, the industry and consumers.
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Hitachi has dropped plans to sell a stake in its troubled hard disk drive business and aims to turn around the operation, the head of the unit said on Thursday.
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Shares in Hynix Semiconductor rose on expectations a long-awaited sale of a $4.8 billion stake in the chipmaker could start soon, after a media report that Hanwha Group was interested in a deal.
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IBM reported earnings that rose more than 25 percent, trouncing earnings expectations, and raised its profit outlook for the year.
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IBM shares are up 17% since its January earnings report. Can IBM keep it up? Read on for some of the key issues you'll need to watch when trying to answer that question.
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Hynix Semiconductor, the world's second-biggest memory chip maker, said on Tuesday it had "marginally" raised the contract price for its computer memory chips for early April and expected further gains.