NEW YORK— Prosecutors say a California man has pleaded guilty in New York City for his role marketing malware that federal authorities say infected more than a half-million computers worldwide. Brendan Johnston entered his plea to a charge of conspiracy to commit computer hacking before a Manhattan federal judge Friday. Attorney Preet Bharara says the 24-...» Read More
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.
Following Apple's spacerdowngrade parade early this morning, I suggested that the dithering on Wall Street was going to be "right," whether it was or not simply because it stood to become a self-fulfilling prophecy.
It's not often -- like almost never -- that you see a downgrade parade like the one for Apple this morning, that doesn't follow earnings or some kind of catalyst.
As you might expect, when a name-brand blue-blood tech company like Research in Motion so terribly disappoints the Street, leading to a 20-percent plunge in its shares, it's going to generate a healthy amount of dialogue.
There are downgrades, and there are downgrades, but I have never seen the kind of downgrade parade marching through Wall Street this morning related to Research in Motion and its stock.
In my earlier post about Research in Motion's bitter earnings miss, I speculated that before investors rush off to sell their Apple shares in sympathy, they may want to study RIM's reasons for its shortfall. And that appears to be good advice.
To say that the optimism surrounding Research in Motion going into the company's second quarter earnings, reported just moments ago, was thick, is an understatement.
Research In Motion makes the dominant mobile phone/e-mail solution for business. And even though RIMM shares have lost a third of their value in three months, the company still has a market capitalization over $55 billion.
Find those earbuds so annoying that you can't listen to your iPod? CNBC Contributor David Pogue looks at two new headphones that bypass your eardrums.
The news is good for BlackBerry, even in the face of iPhone's success, which speaks to my point yesterday that the sector is having no trouble supporting multiple success stories.
There's little chance that telegrams bring good news; likewise can be said when your email inbox suddenly shows a note from the CEO with the words, "Time for another update."