Though tech spending in the near term is not expected to increase at the heady rates of the dot-com era, industry insiders appear confident that the sector will trend upward this year.
China Mobile posted a rare drop in profit growth for the fourth quarter, as the world's largest carrier is struggling to fend off the competition from rival carriers, and smartphone messaging apps.
Hewlett-Packard's November 2012 decision to write off billions of dollars in connection with the acquisition of infrastructure software vendor Autonomy continues to dog the company as it prepares to face shareholders at an annual meeting Wednesday.
Oracle's third-quarter revenue rose 4 percent to US$9.3 billion while net income increased 2 percent to $2.6 billion, buoyed by growth in new software licenses and cloud subscriptions as well as a long-anticipated rise in hardware product revenue.
Confidence in the underlying strength of the tech sector as a whole appears to be solid despite some dispiriting news on the hardware front.
Telecom operators Deutsche Telekom and Orange's latest results were negatively impacted by tough competition on fixed as well as mobile networks, but cost cuts and mobile data partly helped of offset that.
Salesforce.com's rapid growth is now being fueled increasingly by large deals for its cloud software, according to CEO Marc Benioff.
China's leading search engine, Baidu, reported flat profit growth for the fourth quarter as the company continued its spending spree on research and product promotion.
After two-and-a-half years running Hewlett-Packard, CEO Meg Whitman appears ready to make some deals.
Hewlett-Packard has returned its PC business to growth and reported better-than-expected results for the first quarter of its fiscal year.
Despite some shadows cast by Lenovo and Cisco earnings, IT stocks have had a strong week overall, with Nasdaq tech stocks reaching their highest point since the third quarter of 2000, during the dot-com bust.
Lenovo reported a 30 per cent jump in its net profit for the fourth quarter of last year, with its earnings driven by a record number of devices shipped.
Cisco Systems has reported another tough quarter, saying profits in its fiscal second quarter fell by more than half and revenue declined by nearly 8 per cent.
Tech sector earnings this week stirred concerns about growth for social media companies LinkedIn and Twitter but highlighted positive trends for some networking and cloud services companies.
Alcatel-Lucent's revenue remained flat, but the company turned a year-earlier loss into a net profit for the fourth quarter, 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.
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