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Dell is scheduled to report second-quarter results Tuesday below last year?s. For the first time, the company founded by Chairman Michael S. Dell nearly 30 years ago in a dorm room will be ranked No. 3 in PC sales, having lost its No. 2 ranking last quarter to China?s Lenovo Group.

Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.

After enjoying a record-breaking quarter earlier this year, Apple posted yet another milestone on Monday, this time for its stock. With its stock reaching $660.73 a share early Monday morning, Apple finally surpassed Microsoft as the most valuable publicly-traded stock ever, achieving a market capitalization of $619.37 billion, the largest cap ever recorded.

The release date for Microsoft’s Windows 8 is drawing near, and another purported leak of what will be featured in the new operating system has surfaced online. The long-time PC manufacturer seems to be crafting a new version of video chat service Skype catered to the new Windows 8 user interface.

Before the curtain falls on this earnings season, investors will hear next week from several more major players, including Dell, Hewlett-Packard, Lowe's and Best Buy.

China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, reported first-quarter net income jumped 30 percent , ahead of estimates, as global revenue rose 35 percent – far better than performance for its U.S. rivals, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), the No. 3 PC maker.

Alexa Dell, the daughter of Dell, Inc. (NASDAQ: DELL) CEO Michael Dell, had her Twitter account taken down after sharing an Instagram photo on the Tumblr Rich Kids Of Instagram.

Cisco Systems (Nasdaq: CSCO) reproted fourth-quarter results that exceeded analyst estimates.

Wall Street powerhouse Standard & Poor’s lowered its opinion of Dell (Nasdaq: DELL), the No. 3 PC maker, because it’s becoming “more bearish of the PC industry in general,” the ratings agency said Wednesday. It trimmed its 12-month target price for Dell shares to $14 from $15.

Software giant Microsoft announced the hardware partners for Windows RT edition. The Windows RT tablets will be accompanied by ARM processor.

Chances are second-quarter results from Xerox Corp., the No. 1 copier maker that’s moved increasingly into services, will be a disappointment, keeping in line with the general technology sector.

The tycoon has repeatedly denied have any kind of links to the mob.

Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.

Hewlett-Packard Co. (NYSE: HPQ) narrowly retained its spot as No. 1 in global PC sales but China?s Lenovo Group (Pink: LNVGY) is within striking distance, market researcher Gartner Group (NYSE: IT) reported.

Five more companies, including Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, have left the controversial American Legislative Exchange Council (ALEC) since the Feb. 26 killing of Trayvon Martin, 17, in Sanford, Fla.

Microsoft has officially announced that it will launch its next operating system, Windows 8, in late October. The release to manufacturing (RTM) edition of Windows 8 will be available in the first week of August, Microsoft CFO Tami Reller said today.

As investors await second-quarter earnings from leading technology companies, several warning signs indicate that save for special cases, it won?t be a blow-out.

Dell (Nasdaq: DELL), the No. 3 PC maker, said it would acquire Quest Software (Nasdaq: QSFT) for $2.4 billion, topping a bid by private equity firms working with its CEO.

the inevitable became official as Davis was selected first overall.

The Supreme Court?s ruling to uphold the Affordable Health Care Act will likely benefit the technology industry, from computer services providers like Hewlett-Packard Co. (NYSE: HPQ) to medical electronics makers like Agilent Technologies (NYSE: A).

Dell (Nasdaq: DELL), the No. 3 PC maker, seeking to battle Oracle (Nasdaq: ORCL), the No. 1 database developer, has bid as much as $2.34 billion for Quest Software (Nasdaq: QFST).

Dell (Nasdaq: DELL), the No. 3 PC maker, seeking to battle Oracle (Nasdaq: ORCL), the No. 1 database developer, may have been stymied in its efforts to acquire Quest Software (Nasdaq: QFST).

Dell (Nasdaq: DELL), the No. 3 PC maker, became the 20th company to withdraw from from the American Legislative Exchange Council, a Washington, D.C.-based group that lobbies for conservative laws in state legislatures.

Microsoft unveiled its own family of tablets Monday evening to rival Apple's iPad.

Are U.S. technology companies fast-growing enterprises or are they banks? In a time when banks are enduring federal ?stress tests? of their ability to withstand a crisis, the tech sector seems to be rolling in money.

After 28 years, Dell (Nasdaq: DELL), the No. 3 computer company, plans to pay shareholders a small dividend, 8 cents a quarter. Later this year, Apple (Nasdaq: AAPL), the world's most valuable technology company, will resume paying dividends after 17 years.

Dell (Nasdaq: DELL), the No. 3 computer maker, announced its first quarterly dividend of 8 cents a share as a way to reduce some of its $17.2 billion cash pile.

China?s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, announced a no-contract broadband service for its ThinkPad Classic and ThinkPad Edge laptops for customers in the U.S. and nine European countries.

Can't actually make it to Bonnaroo 2012 to take in all the action? Have no fear, a Dell-YouTube live stream partnership should have you covered for all of your musical desires.