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Apple Inc.'s earnings are always a big-time financial event, but this time, the company's numbers will be followed more closely than ever before. Why? Worries about a recession, concerns over a lackluster holiday shopping season, insecurity about how the company's products are selling.
Sprint Nextel, reported deeper than expected subscriber losses on Friday and said it would cut about 4,000 jobs, sending its shares down 26 percent and raising fears that a U.S. economic slowdown would take a greater toll on the wireless industry.
Google shares continue to slide, and this is getting ugly. The question investors and the Street are asking is how low these shares can go? The Google chart is as ugly as it's ever been. No real surprise in some respects since many of the biggest names in big-cap tech have been torpedoed along with the rest of the market.
Ouch. There's really no other way to summarize Intel's earnings, and there's little question that Intel's softness took Wall Street by surprise. Just look at the shellacking these shares are taking today. But is the selloff warranted, or -- like so many other moves to the downside in recent weeks among the top names in tech -- is the Intel drubbing overdone?
What a crazy day for Apple Inc., Macworld attendees, and me. Still trying to get the feeling back in my thumbs after live-blogging, via Blackberry, during the keynote. I really hope you found that useful.
This is the text of my live blog from the Steve Jobs speech at Macworld. It was fun to do and I hope you enjoy reading it for the first time, or re-reading it again.
It's either an incredibly elaborate hoax or Apple Inc.'s CEO Steve Jobs is one unhappy camper this morning: It appears notes for his highly anticipated Macworld keynote address may have been leaked onto the internet last night, posting on the popular online encyclopedia web site Wikipedia.
Wireless carrier Sprint Nextel plans to lay off several thousand employees, the Wall Street Journal reported on Monday.
When it comes to Apple Inc. and Wall Street, I don't get it. These last few weeks have seen a precipitous decline in Apple shares, from a high right near $203 to a low of $171. The fall in Apple shares follows a general downdraft in all kinds of tech, yet many experts both in and outside the company I'm talking to have continued to harp on the "fundamentals" that got Apple to those lofty heights to begin with.
You knew it was coming simply because we all know that stocks, particularly tech stocks, don't move in only one direction despite what we've seen since Jan. 1. It took a stunning IBM pre-announcement to get the ball rolling, and that ball is rolling, fast.
It's the Friday before Macworld and once again, tongues are wagging about what Steve Jobs will pull out of his jeans pocket; what he might have lurking up his trademarked black sleeve; whether he can offer up something to pump some life back into this sagging stock.
Jeff Raikes, president of Microsoft's Business Division, is calling it quits after 26 years at the company, announcing his retirement today. He'll be replaced by Stephen Elop, who most recently served as Juniper Network's chief operating officer.
Let me be perfectly upfront about this: I didn't want to go to the Adult Entertainment Expo at the Sands Convention Center today. I didn't. I was ready to file a few more times from the Consumer Electronics Show today and then fly home, when my assignment suddenly changed last night.
Ford Motor has signed up some tech heavyweights to help with "Sync," its in-car satellite communications system, With help from Microsoft, Sirius and others, Ford's car of the very near future is something like a GPS, digital music player, cell phone and voice recognition system on wheels.
Every year at the Consumer Electronics Show, something jumps out at you as truly extraordinary. And the electronic paper from LG Philips LCD, which I was able to show exclusively this morning on CNBC and MSNBC jumps into that category.
Intel will get in touch with it's "mid" tonight -- as in mobile internet device -- a key initiative that CEO Paul Otellini talked to me about exclusively earlier today.
David Bishop, worldwide president of Sony Pictures Home Entertainment, won't say outright that his company has won the high-definition DVD war over archrival Toshiba, but he sure talks like someone who thinks he has now that Warner Brothers has opted to go exclusively with its Blu-ray gear
There are two stories I'm looking forward to investigating as the crowds hit the floor Monday. First, there's the state of the struggle between Toshiba, with its HD DVD high-def disc format, and Sony's rival Blu-ray format. Secondly, there's a new batch of electronics that incorporate motion-based controllers similar to Nintendo's Wii.
Bill Gates is calling this period in the company's history the dawn of a new digital decade, and his annual, keynote address at CES is chock full of news, both technologically and financially.
Sony's game console sales figures for the holiday shopping season reached more than 3.9 million units in North America, but Playstation 3 is still well behind Microsoft's Xbox 360.
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.