Hewlett-Packards 2008 profit and revenue outlook are roughly in line with Wall Streets guesswork. Here are the numbers CFO Bob Wayman gave at HPs analyst meeting:Fiscal 2008 earnings:Low-end earnings projection: $2.78 per share.Mid-point earnings projection: $2.88.High-end earnings projection: $2.98.Thomson Financial estimate: $2.88.2008 Revenue: Low-end revenue projection: $100.9 billion.Mid-point revenue projection:...
IBM delivered a solid third quarter that featured better-than-expected profit and revenue growth. The company also upped its earnings targets for 2009. IBM on Thursday reported third quarter net income of $3.1 billion, or $2.40 a share, on revenue of $23.6 billion, down 7 percent from a...
Though they never completely tanked like some other goods, HDTVs certainly hit a bump in the road during the economic downturn. But as the economy begins to rebound, it appears that TV sales are starting to grow again as wellthough a new era of frugality may be on the way....
Windows 7 OEM pricing: What could and should Microsoft do?Bigger flaw in the analysis.We're talking about the per-copy price of Win7 as if it were a fixed amount, which it probably is - but the tacit assumption is that the price of the netbook it's running on is *also* a...
The days of the free Internet will draw to a close over the next five years, according to the chairman and chief executive of IAC, the interactive services company which operates a collection of more than 30 Internet sites which produce $1.5 billion a year in revenue. ...
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily. For continuous updates see BNET’s around-the-Web tech coverage. Larry Dignan: Salesforce.com delivers mixed fiscal year outlook: Earnings up, revenue light Adrian Kingsley-Hughes: Pop quiz - Which would you choose (Mac vs. PC)? ...
Apple versus Apple: How Many iPhones Does It Take To Add $5 To A Stock Price?easyhow about my model: $7,50 a share in earnings * longtime average PE multiple of 30 + $40 a share in cash at 2010 = a shareprice of $265 in 2010.Don't mean to burst anyone's...
Updated: IBM CEO Sam Palmisano made a rare public appearance at the company's annual investor powwow and delivered a simple message: Big Blue isn't "overcaffeinated," doesn't chase fads and isn't the most exciting tech company on the block, but it does deliver the financial results. Palmisano right...
updated: Research in Motion reported strong fourth-quarter earnings that beat Wall Street's expectations and sent shares soaring in after hours trading. For the quarter ending Feb. 28, the company reported net income of $518.3 million, or 90 cents per share, on $3.46 billion in revenue. Analysts polled by Thomson Reuters...
Google controls 64.4 percent of the worldwide search market and that international effort could offset any turbulence in the U.S., according to Piper Jaffray. Piper Jaffray analyst Gene Munster makes that international point in a research note. Google's February search market share was 64.4 percent globally, down...
Imagine drawing on floor-to-ceiling office windows with your finger, using them like a whiteboard, aided by contextual information right at your fingertips, translated as necessary. You haven't lost your marbles -- you're participating in a global corporate meeting, and your colleagues are doing the same thing on four other continents....
Windows 7 Starter Edition on a netbook You can run any edition up to ....... and including Ultimate. You don't have to limit what gets loaded only what you run concurrently. I have tested Ultimate on a netbook with 512MB and Office 2007. It wasn't stellar but...
Seagate on Monday announced a new lineup of enterprise storage drives that aim to cut power consumption. Seagate's latest additions to its Constellation family of enterprise drives come just as units have plunged in its fiscal second quarter. The company is rolling out two new drive models,...
Industry Giants -the New Adults on the Block Most of these might not be surprising to you but they are to me. With maybe the exception of Sage...and NetSuite....and RightNow and.....ah well. I guess they aren't really all that surprising. But to some degree, IBM and Cisco are surprising. ...
Intel said Wednesday that its fourth quarter outlook will fall short of projections the company made just a few weeks ago. The magnitude of the drop-off is steep given that Intel couldn't even make it to its Dec. 4 conference call to update its guidance. The damage:...
On Monday, the Society for Information Management SIM released the results of its 2008 IT Trends Survey and it contained a generally upbeat forecast for IT in 2009, although the survey was conducted in June, before the global economic meltdown. In Orlando at its annual SIMposium conference,...
Netflix on Monday detailed its outlook for the third and fourth quarters, projected fewer subscribers than before and said its August outage cost it $6.5 million. The company said in a statement that its third quarter earnings will be "comfortably" within its targets, but said a one-time...
Dear Amazon: Please reveal how many Kindles you have sold. If not, analysts will be forced to guess--repeatedly. I may even have to guess too. The guessing game about Kindle sales continues and the euphoria is building Techmeme. Citi's Mark Mahaney, who in May said that the...
Update: Intel's first quarter results on Tuesday matched Wall Street's earnings estimates and topped revenue targets. Given the worries about Intel those results are good enough to chalk up as a win. By the numbers statement, Intel reported net income of $1.4 billion, or 25 cents a share,...
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