It's no secret that talks between Sun Microsystems and IBM have collapsed; and it's no secret, based on my earlier reporting that Sun has re-approached IBM and that IBM has rebuffed the overture. Again. But what's the real reason behind IBM's decision to walk?
It's not often the CEO's comments can overshadow an entire earnings report, but that's what might be happening with Intel and the company's first quarter report.
This was going to be a dicey quarter no matter how you slice it for Intel, with analysts anticipating a paltry 2 cents a share in earnings and the very real possibility that the company could report its first loss in something like 87 quarters.
Sheesh, suggest for a moment that Microsoft might have a winning message to deliver and wow does that burn you guys up!
For the first time, Microsoft is aggressively going after Apple in a new advertising campaign that will try to undo the damage it suffered from Apple's "I'm a Mac/I'm a PC" ads, from which Microsoft is still trying to recover.
It was just a couple of months ago that Google confirmed that it would be cutting 100 employee recruiters, its first layoffs, and so symbolic in the wake of the nearly 14,000 workers the company has hired over just the past three years.
Oracle reported a profit and sales that surpassed Wall Street's expectations, and shares of the business software company popped more than 7 percent after hours. Oracle also declared its first-ever dividend.
It looks like Apple will be updating its iPhone operating system with the company scheduling an event on St. Patrick's Day next week. But the event itself might be more newsworthy than you think, especially given the current climate in Cupertino.
Apple's new line of Macs unveiled today signal an incremental "refresh" of the aging line of computers, but was hardly the redesign some Macophiles were hoping for.
The company's fourth quarter earnings report is particularly devastating since the company comes up way short as far as Wall Street expectations are concerned, even though analysts have been falling all over each other over the past week to lower estimates.
Dell will release its fourth quarter earnings after the bell tonight, and despite some draconian cost cuts and a rock-bottom share price, it is an unattractive investment. And will be for the foreseeable future.
Apple will not be streaming the event to its website, a restriction it has historically used. Nor, I'm told, will Apple allow any communication devices into the event so those of us trying to cover it can live blog. No Blackberrys. No iPhones. No laptops of any kind.
For the first time since returning to Apple's C-suite back in 1997, Steve Jobs will not preside over the company's annual shareholder meeting which begins later this morning at 10am PST.
I just got finished speaking with Paul Otellini, Intel's CEO, about his company's massive expansion plans, announced earlier today, and he tells me while his news wasn't enough to turn red ink into black on Wall Street, it did bring a smile to the face of at least one person.
Anyone who has covered Intel during its 41-year history knows the company's strategy during tough economic times: You gotta spend money to make money, with today's announcement, Paul Otellini set a new standard.
NetApp is seeing huge call volume Monday, ahead of its quarterly report Wednesday after the close. ... NTAP was above $26 in September, but bottomed at $10.39 in early November. Since then the data storage company has steadily climbed; at one point today the shares reached $16.74 after a Barron's article called the company recession-resistant.
There may be a method to Cisco's madness when it comes to earnings announcements, and not running with the pack. The company reports after the bell tonight, and comes two weeks after the flood of tech earnings began.
It’s generally a good rule of thumb to avoid tattoos of your company’s logo — especially in these hard economic times. For Microsoft solutions adviser Dan Woodman, that advice, unfortunately, came a little too late.
Challenger, Gray & Christmas reported today the pace of tech industry job cuts jumped 167 percent in the second half of 2008, with computer, electronics and telecom firms slashing 186,995 jobs in 2008. It's the highest total since the 228,325 job cuts in 2003. And January is shaping up to be equally brutal.
Yahoo investors are preparing for the worst and hoping for the best, but those hopes are dim for any good news after the bell tonight when the company reports its fourth quarter earnings.