Sony slashes earnings forecast by almost $1 billion!I agree, $ony is way too close even when it comes to a power cordTheir only bright spot is Linux and computing.WooHoo!That is great! I hope they go out of business. I can't stand Sony products. They are way overpriced...
The other day Jay Leno said that the economy was so bad, people couldn't afford to pay attention any more. Well, the tech industry needs to pay attention to this. by Adrian Kingsley-Hughes
Microsoft tops earnings forecastI don't like MS SQL serverWhile MS SQL server is easier to use for a person who is new to Databases it's far from actually being a good enterprise database. Oracle by far beats MSSQL for midrange and up needs. MSSQL is still only good for the...
The Stock Investment Guide SIG is a stock analysis tool for new and experienced investors. The software provides investors easy-to-use tools to analyze a company's earnings history to help forecast what earnings could be in five years. SIG can then tell the investor if the current PE ratio is in-line...
The Stock Investment Guide SIG is a stock analysis tool for new and experienced investors. The software provides investors easy-to-use tools to analyze a company's earnings history to help forecast what earnings could be in five years. SIG can then tell the investor if the current PE ratio is in-line...
eBay today reported solid second quarter financial results that were slightly better than Wall Street's expectations but revenue growth of PayPal and Skype was offset, in part, by declines in the Marketplaces business. For the quarter ending June 30 statement, the company reported net income of $479...
The technology earnings season kicks off in earnest Tuesday when Intel reports its second quarter results, but the outlook for the sector may sound like a broken record: Visibility is low and IT budgets fluctuate with everything from CEO mood swings to the stock market. A handful...
The Stock Investment Guide SIG is a stock analysis tool for new and experienced investors. The software provides investors easy-to-use tools to analyze a company's earnings history to help forecast what earnings could be in five years. SIG can then tell the investor if the current PE ratio is in-line...
Updated: Salesforce.com delivered a strong fiscal first quarter, but delivered a mixed outlook where it raised its earnings projections based on cost cutting yet pared its revenue forecast. Meanwhile, Salesforce.com's deferred revenue tally was lower than expected. Salesforce.com on Thursday reported fiscal first quarter earnings of $18.4...
Cisco's third quarter earnings were solid courtesy of savvy expense management, but CEO John Chambers refrained from calling a bottom. A deep dive into Cisco's customer trends reveal why: Most of the company's growth markets---India, emerging markets and advanced technologies--are still reeling. Cisco's third quarter earnings of...
updated: Amazon may be taking a lesson from Apple when it comes to earnings. Forecast low, come in high and keep everyone on Wall Street smiling. The company surpassed analysts' expectations for the first quarter, giving much of the credit to the re-launch of its e-book reader, the Kindle. ...
Apple, known for conservative financial forecasts, easily surpassed Wall Street's estimates for the second quarter, reporting net income of $1.21 billion, or $1.33 per share, on sales of $8.16 billion. Statement Wall Street had been expecting earnings of $1.08 per share on $7.9 billion in sales, according to Thomson Reuters....
updated: Intel reported a first quarter profit of $647 million, or 11 cents per share, on revenue of $7.1 billion, beating Wall Street's estimates and suggesting that the sluggish PC industry may have finally bottomed out. Analysts had been expecting earnings of two cents on revenue of $6.98 billion. Statement...
For a few months now, it seemed as if enterprise technology spending was a month-to-month affair. Accenture confirmed that theory, noted that "some clients are still operating without approved annual budgets" and cut its outlook for the rest of the year. Simply put, uncertainty reigns. A quarter...
Symantec appears to be in a series of businesses that can weather an IT spending downturn. As this earnings season progresses a few winners are clearly emerging. The common thread is that these winners all can deliver enterprises return on investment and help companies cut costs. IBM,...
Sun Microsystems reported a second-quarter net loss of $209 million, or 28 cents per share, on sales of $3.2 billion. But after excluding one-time costs related to recent layoffs and other costs, the company posted a profit of 15 cents per share, beating analysts' expectations of a 10 cent loss,...
Microsoft will likely miss its own earnings target and announce thousands of job cuts this week, according to a Reuters report. The company is scheduled to announce its quarterly results tomorrow. Microsoft is a big player in a number of struggling sectors - personal computers, business software and even video...
Updated: Intel said Wednesday that its fourth quarter, which was already dismal, was actually worse than expected. The chip giant forecast fourth quarter revenue of $8.2 billion, down 20 percent from the third quarter and 23 percent from a year ago. Intel warned about the fourth quarter...
As expected, Research in Motion reported third-quarter earnings today that fell below its original forecast. For the quarter ending Nov. 30, the company reported adjusted income of $477.3 million, or 83 cents per share, on $2.78 billion in revenue. Analysts had been expecting earnings of 81 cents a share on...
Societe Generale analyst Richard Nguyen hit SAP with a sell rating on Wednesday citing increased odds of a fourth quarter profit warning and signs that customers are pushing back on the software company's attempt to upsell them following a maintenance price increase. Nguyen's report--he downgraded SAP shares...
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