Strong results for tech companies, especially Google, and an easing of concerns about the economy boosted confidence in the computer sector, as markets closed Friday on a positive note.
SAP said its third quarter revenue rose 14 percent year on year, and operating profit more than doubled according to International Financial Reporting Standards (IFRS), boosted by a recalculation of the sum set aside to settle litigation with Oracle ...
Sony Ericsson Mobile Communications barely broke even during the third quarter, and reported a small year-on-year drop in revenue as an increase in the average selling price of its phones was offset by a 9 percent fall in volume.
Google grew its sales and profits in the third quarter, exceeding Wall Street's expectations along the way, as the search company's advertising business continued on a strong growth path.
Advanced Micro Devices on Wednesday reduced its revenue projection for its third fiscal quarter ending Oct. 1, citing manufacturing yield problems.
The spectacle of Hewlett-Packard replacing CEO Leo Apotheker, who had been in the job just a year, with former eBay chief Meg Whitman this week all but obscured solid earnings reports from a range of enterprise software vendors including Oracle, Tibc...
Tech stocks rose along with major indexes this week as central banks came up with a plan to ease market fears about European sovereign debt, and as key IT players including Microsoft, Intel, and Cisco held conferences for developers, users and analys...
Cisco Systems emerged from 150 days of restructuring on Tuesday as an aggressive competitor, laying out some of the problems that led it to make changes, while saying its rivals are in even worse predicaments.
Cisco Systems Chairman and CEO John Chambers plans to stay on the job for at least three more years, he said Tuesday.
Hardware and components insiders are giving off mixed signals about how business will fare for the rest of the year.
Against a backdrop of economic uncertainty, acquisitions and earnings news from the world's top PC makers (Hewlett-Packard, Dell and Lenovo), the biggest Internet business (Google), and a major handset maker (Motorola Mobility) marked major realignme...
China Mobile, the world's largest mobile carrier, reported net profits rising by 6.3 percent for the first half of 2011, as the company had more customers surfing the Internet with its handsets.
Lenovo reported strong earnings for the quarter ended June 30, with the company's net profits nearly doubling year-over-year.
Dell had strong profit growth in the second fiscal quarter of 2012, although the company's revenue was hurt by a drop in sales of storage and desktop products, the company said.
U.S. stock markets edged up for the day Friday afternoon, but fears of an economic slowdown and concerns about the debt crisis in Europe caused technology stocks to seesaw wildly along with shares of companies in other sectors this week.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
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