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.
Sales of the PlayStation 4 and smartphones helped Sony turn a net profit of ¥27 billion (US$266 million) in the October to December quarter of last year, up sharply from a loss of ¥10.8 billion a year earlier.
New figures released by Twitter on Wednesday suggest the company may be struggling to keep its users engaged, but CEO Dick Costolo has outlined some ideas to make the service more inviting.
Twitter has reported its first earnings as a public company, revealing that sales more than doubled from a year ago, though it still hasn't managed to turn a profit.
Hewlett-Packard has revised financial reports for its Autonomy division after the company said that an audit turned up a number of serious accounting errors.
Positive earnings news from the likes of Facebook, Google and Apple helped boost tech shares in what was otherwise a gloomy week for the markets.
Google reported a healthy 17 percent increase in revenue for the fourth quarter, even as sales by its Motorola mobile unit, which the company is selling to Lenovo, dropped again from the same period last year.
Nintendo won't be abandoning hardware or licensing its game titles for use on smartphones, its President Satoru Iwata told analysts in Tokyo.
More than half of Facebook's ad sales came from mobile devices in the fourth quarter, showing continued strength in the site's ability to monetize its service on smaller screens.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.