April 23- EMC Corp, the world's largest maker of data storage equipment, cut its full-year earnings forecast, citing acquisition-related costs in its VMware Inc unit. EMC's shares fell nearly 5 percent at open on the New York Stock Exchange on Wednesday.» Read More
The moment I first saw Amazon's Kindle electronic book reader, I thought, "Oh wow, here's a product searching for a market, rather than an innovation addressing an unmet market need." Flash forward to today as Citigroup doubles its Kindle sales projections, from 190,000 to a whopping 380,000 units this year.
When Apple was preparing to launch its "app store" for iPhone, the online software marketplace of free and for-sale third party developer applications, I suggested then that this was potentially the great hidden gem in the iPhone story. That App Store might some day rival iTunes as a revenue stream.
Tech companies once dominated the U.S. IPO calendar -- but not anymore.
In today's end-of-week version of the exclusive Fast Money Web Extra of trades not covered on the show, the gang mentions some good trades for the start of next week.
After introducing guest trader Zach Karabell, aka "The Academic," the gang immediately dives into the main lesson learned after stocks soar to end the week (the highest close since June). The dollar also "exploded," with its biggest jump in 8 years against the euro. "Currencies typically do not move like that," says Dylan of the USD's 3.3% gain this week. The S&P 500 also had its best week since April, due in part to the commodities pullback -- it ended the day up 2.4%.
Put this one into the, "You Gotta Be Kiddin' Me," file. But it's gotten so serious that Apple Inc. was forced to take action.
CNBC Contributor David Pogue on NaturallySpeaking 10, the software that allows you to dictate to a computer with remarkable accuracy.
Analyst Mark McKechnie at American Technology Research tells me Cisco's results are a "good, clean, solid quarter," pointing to inline gross margins of 65.2 percent, lower expenses, a slightly lower tax rate, and tellingly, a "strong book to bill despite worries about economic weakness."
So after all the high drama, the passion, the verbal assaults, the hand-wringing, the concerns, worry and bitterness, Yahoo's shareholders have spoken. And they are resoundingly supporting the current board of directors. And I mean resoundingly...
This is inside the San Jose Fairmont's cavernous Imperial Ballroom. And I'm struck at the number of empty chairs here. The room holds 1,000 people. There might be 200 chairs taken. There are mountains of pastries outside the door. Most of it untouched.
I'm in downtown San Jose's Plaza Park, across from the Fairmont Hotel where today's Yahoo shareholder showdown will occur.
Sun Microsystems, the world's No 4 business computer maker, reported lower quarterly profit Friday, as it took restructuring charges in the face of a weak U.S. economy.
CNBC Contributor David Pogue on two tiny wireless earpieces that let you and an unseen buddy have a spoken, hands-free conversation.
Sure the company and its nemesis, Carl Icahn, have joined forces so that bitter proxy contest could be eliminated. But that doesn't mean they've pushed their differences aside, or that general shareholder bitterness doesn't remain.
The Apple switch from IBM's spacerPowerPC microprocessors to Intel's chips made big headlines a couple of years ago, and the relationship by all accounts, has been incredibly beneficial for both.
Apple CEO Steve Jobs, who has been dogged by investor concerns about his health, does not have recurrent cancer or a life-threatening health issue, The New York Times reported on Saturday.
Here are some thoughts on Microsoft's CEO Steve Ballmer and his comments to more than 250 Wall Street analysts this morning here in Redmon.
Here in Redmond, Washington, at Microsoft's global headquarters, the Johnson news is top of mind. Microsoft is preparing to meet with Wall Street at the company's Financial Analyst Meeting. Now, Microsoft will be forced to deviate--in a serious way--from its prepared agenda
Sigma, a lens company that only recently started making cameras, has introduced the DP1: the world’s first compact camera with an S.L.R.-sized sensor inside. They still have work to do on the camera, says CNBC contributor David Pogue.
Microsoft said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo, is leaving the company.