Feb 26- Sony Corp's electronic unit said on Wednesday it is closing 20 retail stores in the United States and cutting 1,000 jobs, as the TV and game console maker tries to stem losses and regain market share. Sony has a total of 31 retail stores in the U.S.» Read More
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Microsoft's earnings may be the most anticipated report from the tech sector, and possibly the most anticipated report during the earnings season, and here's why: The company is just as big a deal in this country as it is in Europe, Asia, emerging markets.
I was going to hold off on a Google earnings preview since it's more than a week away, but after watching the company's shares fall, and fall, and fall some more, it seems like today is a better day to do it.
Texas Instruments reports after the bell, and the company will be forced into Apple Inc.'s shadow, which might be a shame. That's because this company could offer up some surprisingly good news, both in wireless and in flat TV's.
They are easily the most anticipated numbers of the year by Microsoft, Nintendo and Sony: NPD's year-end sales figures for the video games industry. And what a story they tell. NPD reports tonight a record $17.94 billion was spent on non-PC game hardware, software and accessories; a staggering 43 percent better than 2006.
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.
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.
Companies are picking up on Nintendo's motion-sensing technology, incorporating it into new electronic products, some of which go beyond the realm of video gaming.
Small businesses exhibiting at CES can get lost in the crowd but hard work and the right strategy can help their products stand out.
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
Here's my TV interview today with Microsoft's Robbie Bach. Bach who is Entertainment & Devices Division president, talks exclusively about Xbox, Zune, iPod, HD DVD vs. Blu-ray and the economy. Take a look as I think you'll find it very interesting. For one thing, he says Xbox is recession proof.
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.
Awareness. That's the word CES exhibitors use most when you ask what they hope for out of the show. Everyone turns out all the stops to alert everyone else to their presence—and everyone does it at the same time. That's why "CES Unveiled," a pre-show press event, takes on the air of a Tunisian bazaar or a Chicago futures trading floor
George Lucas' video game company is set to unveil two of the most anticipated titles the industry as seen since "Halo 3." And these games may herald the next generation of films from the legendary producer.