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.
Cisco's profit in its fiscal fourth quarter fell about one-third from a year earlier, while its sales increased only 3.3 percent, the company reported on Wednesday.
A July cyberattack on Booz Allen Hamilton will not materially harm the company's bottom line, its CEO said Tuesday.
U.S. exchanges were volatile Friday after suffering their worst drop in more than two years Thursday, taking IT companies' shares down along with stocks in just about every other sector of the economy.
The acquisition of Zain's operations in 15 African countries and investment in 3G spectrum in India continued to be a drag on the profits of India's Bharti Airtel in the second quarter, the company said on Wednesday.
Ingram Micro's profits were dragged down for the second quarter in a row due to problems with an SAP implementation in Australia, the technology distributor said Thursday.
Though faring better than businesses in other sectors, technology companies have not escaped the market storm stirred up by reports of tepid economic growth and political squabbling over the U.S. deficit.
Motorola reported a loss of $US56 million, or $0.19 per share, on net revenue of $3.3 billion for the second quarter, as the phone and tablet maker continues to struggle to make 4G products.
France Télécom's revenue and net income for the first half both fell compared to a year earlier, even as subscriber numbers climbed 7 percent, it reported Thursday.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.