Though signs for IT remain positive this year, worries about the economy sapped investor confidence this week as a wide range of businesses, including big computer industry vendors, suffered a drop in share value.
Good news trickled in this week for the hardware sector, plagued by a slump in the traditional PC market, as Gartner reported that server sales rose during the first quarter and Lenovo proved that there is demand for PCs in emerging markets.
Reporting strong growth as it expands into emerging markets, Lenovo said Thursday that for the quarter ending in March its net profit more than tripled, reaching US$42 million, while revenue increased 13 percent to $4.88 billion.
Sales and profits in Sony's core electronics business both rose last year, but the company recorded an overall net loss primarily due to a write-off of tax credits, it said Thursday.
Yahoo CEO Carol Bartz and co-founder Jerry Yang opened the company's investor meeting on Wednesday addressing head on the company's tussle with Alibaba Group over the latter's decision to spin off its online payment unit Alipay.
Indian outsourcer Satyam Computer Services went into loss again in the quarter ended March 31, after the company took a charge to settle a class-action lawsuit in the U.S., the company said Monday.
Sony expects the hack of the PlayStation Network and will cost it ¥14 billion (US$170 million) this financial year, it said Monday.
Excitement over LinkedIn's stunning market debut appears to have outweighed concerns this week about Hewlett-Packard and Dell earnings reports, which highlighted a desultory PC market.
The number of 3G cellular subscriptions in North Korea passed half a million during the first quarter, the country's only 3G cellular operator said this week.
Hewlett-Packard advanced to Tuesday morning the release of its results for its fiscal second quarter ended April 30, after an internal memo, warning of a tough current quarter, leaked to the media.
Dell is reporting some success in its struggle to retool itself as a cloud and enterprise services provider, even as the company's consumer business continues to decline.
Intel will dramatically shake up its microprocessor road map to meet the demand for very-low-power processors and to fend off the competitive threat from rival chip design company ARM, CEO Paul Otellini said on Tuesday.
Vodafone Group grew its revenue for the fiscal year ended March 31, helped by increased data usage, but profit was hit by problems primarily in Spain, the company said on Tuesday.
Hewlett-Packard reported a small year-on-year increase in revenue and profit for the three months ended April 30, but lowered its forecast for its full fiscal year.
Though Cisco had disappointing earnings news this week, the Microsoft deal to buy Skype, an Intel dividend and solid financials from Symantec helped keep confidence in IT high.
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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.