WASHINGTON, July 9- IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit. IBM announced the plan a week before its widely anticipated second quarter earnings.» Read More
Apple’s stock was hammered in after-hours trading on Thursday because, to be blunt, investors simply don’t believe Mr. Jobs' health issues are not serious.
Apple CEO Steve Jobs today sent the following email to all Apple employees:
Verizon Communications and CBS said Monday they reached new long-term program carriage deals that will help bring more CBS shows to the telecommunications company's customers.
Microsoft CEO Steve Ballmer took the stage in Las Vegas Wednesday night to kick off the annual Consumer Electronics Show, the first time he has delivered the prestigious opening keynote address, a role filled by his colleague Bill Gates for the last 14 years.
Here's the thing about technology and the technology industry: pioneers and visionaries like Microsoft, Intel, Sony and so many others didn't make their fortunes focused on today and tomorrow. They're all about the future, which is particularly important in today's current economic climate.
This is the live blog of Macworld from the Moscone Center in San Francisco, California. The keynote speech is by Senior VP of of Worldwide Product Marketing, Phil Schiller.
Apple Chief Executive Steve Jobs said a hormone imbalance is behind the weight loss that has prompted rumors about his health.
For a decade, consumers mostly ignored electronic book devices, which were often hard to use and offered few popular items to read. But this year, in part because of the popularity of Amazon.com’s wireless Kindle device, the e-book has started to take hold, the New York Times reports.
In a move likely to fuel speculation over Yahoo's search for a new chief executive, activist investor Carl Icahn has bought up close to 7 million additional shares of the Internet company, according to regulatory filings.
It's a big day for Netflix with the service going live on Microsoft's Xbox 360 platform. But there's one big thing lacking and you can thank the heated rivalry between Sony and Microsoft for it and I'm getting an earful from some of you.
Microchip maker Intel warned that its revenue would be about 14 percent below its previous forecast due to weak demand around the globe and in all market segments. The stock plunged after-hours.
Monday morning started off with a bang for Apple investors, courtesy of FBR's chip analyst Craig Berger making a strange call on Apple and what seemed like a dramatic slowdown in iPhone sales.
Intel's third quarter 10-Q seems dire enough, unless of course you understand the company's business and follow the comments it has consistently been making since it reported its earnings a couple of weeks ago.
A buyback made sense back in March. With Apple's cash generation since, and the non-GAAP megabucks iPhone's generating now, a buyback makes exponentially more sense today.
Google, the Internet search and advertising giant, is increasingly looking to the energy sector as a potential business opportunity, says the New York Times.
It becomes a monumental problem for Apple's valuation when you consider that if Apple didn't defer iPhone revenue, the product would account for 44 percent of Apple's fourth quarter revenue, and a whopping 63 percent of its profits from the device.
For years, hydrogen fuel cell vehicles have been the far-off technological bets of the auto industry — the car that holds the promise of gasoline-free driving.
Apple Inc. is fast becoming the poster boy for all things that are wrong with Wall Street right now, and that in itself might represent an opportunity for the savvy investor willing to play the odds instead of curling up in a ball and letting traders kick them in the head over and over again.
I won't call it a war, but an intriguing battle is shaping up on Wall Street on the opinions running rampant about Apple Inc. and its prospects, both for this quarter and the coming year.
Microsoft Chief Executive Steve Ballmer said on Tuesday the global financial crisis will sap consumer and business spending, affecting all companies, including his own.