Salesforce said on Thursday it expects an adjusted profit of 50- 52 cents per share on revenue of $5.34- $5.37 billion for the year ending Jan. 31. It had previously forecast an adjusted profit of 49- 51 cents on revenue of $5.30- $5.34 billion.» Read More
It's clear that Michael Dell's honeymoon period is over, and that investors are looking for tangible results from the turnaround strategy he has implemented since returning to his namesake company as CEO. The question though is whether this is merely a dead-cat bounce, or whether Dell is truly beginning to turn things around.
Google, already the world's most popular spot for finding Web sites, is aiming to become the go-to place for creating Web sites too.
I just got my invite to the next big Apple media event. This one is called iPhone Software Roadmap and it'll take place at the company's headquarters in Cupertino, California on March 6th.
The European Union stepped up to level the biggest single fine against a company when it slapped Microsoft with a $1.35 billion penalty for anti-trust and anti-competitive behavior, and for not complying with earlier rulings to curb these kinds of practices.
In the midst of all this craziness on the market today, including Apple's turnaround, Google's plunge, and IBM's big news of a stock buyback and raised guidance, the news yesterday of the unsolicited bid from Electronic Arts for Take-Two Interactive seems, well, so yesterday.
Needless to say, my posts on Google and Apple are generating a flood of response from many of you feeling the frustration of these steep declines, so in the vein of "misery loves company," here's a taste of some of your missives. Rest assured, if you're confused, you're not alone -- so are the experts.
Last post I focused on Google, but much of the same fear and frustration swirling around those shares can be said of Apple as well, another of last year's high-flyers that have come crashing back down to earth.
IBM said its board has authorized a $15 billion share buyback program that could boost 2008 earnings by 5 cents a share, sending its stock up 3 percent.
Another day, another big drop in Google shares. Another day, and more head-scratching for Apple shareholders. For Google, it's getting ugly. Even a big, broad Wall Street rally couldn't help these shares, ceding another 4 percent on Monday with the slide continuing pre-market today.
Electronic Arts is desperate; and desperate times call for desperate measures. Look no further than the company's multiple bids for Take-Two Interactive, a company with such a checkered financial past, pandering to the lowest common denominator of entertainment, but that apparently commands a 64 percent premium that in Take-Two's estimation still isn't enough.
Microsoft said it will stop making HD DVD players for its Xbox 360 video game system after Toshiba ceded the high-definition video format battle to Sony Corp.'s Blu-ray.
I'm writing from the road this week, taking some time off to attend legendary coach Chris Carmichael's cycling training camp in Buellton, Calif. The camp takes place at the same time as the huge Amgen Tour of California pro cycling race, and both are boasting their fair share of some pretty spectacular technology. Carmichael made a name for himself training Lance Armstrong...
Here we are still in February, and there's already a healthy amount of speculation about Apple's earnings. And when they are released in April, they could hold some surprising news -- thanks in part to China's giant market.
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.
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.
Apple's stock soared to highs in advance of its media event next month, leaving pros to question if it has more room to run.
At just 27 years old, Maria Sharapova not only a tennis superstar, but a budding entrepreneur.
Despite critical car reviews and a heavy short interest, it seems Tesla's stock just can't be kept down.