Dell Stories
Microsoft sales drop sharply, sees no quick recovery
Microsoft Corp posted the first-ever drop in annual sales of Windows and its quarterly revenue fell a steeper-than-expected 17 percent as its business continued to be hurt by the weak global PC and server markets.
CORRECTED: Microsoft sales drop sharply, sees no quick recovery
Corrects Microsoft's profit excluding items to 36 cents per share from 38 cents per share in first bullet point and paragraph 7
Microsoft revenue misses, shares tumble
Microsoft Corp's quarterly revenue fell a steeper-than-expected 17 percent and annual sales of Windows fell for the first time ever, as its business continued to be hurt by the weak global PC and server markets.
Microsoft's revenue down 17%, Shares tumble
Microsoft released fourth-quarter earnings on Thursday which missed Wall Street estimates and reported its first decline in full-year revenue in the company's 34-year history.
Wal-Mart woos laptop shoppers
Wal-Mart Stores Inc has expanded its laptop selection by 40 percent and will be aggressive in pricing the computers and the accessories to go with them as the discount retailer looks to win sales from frugal back-to-school shoppers.
U.S. back-to-school; Wal-Mart woos laptop shoppers
Wal-Mart Stores Inc has expanded its laptop selection by 40 percent and will be aggressive in pricing the computers and the accessories to go with them as the discount retailer looks to win sales from frugal back-to-school shoppers.
Dell interested in buying Indian-model IT firms
Dell, the world's second-biggest maker of personal computers after Hewlett-Packard, says it wants to buy lean IT firms with business models similar to those of India's outsourcing pioneers.
IT spending forecasts improve, Cisco popular: UBS
U.S. and European IT budgets are expected to fall 2 percent over the next year, less than the 5 percent decline expected three months ago, according to a survey of 100 chief information officers carried out by UBS.
HP buys IBRIX as it expands storage business
Hewlett Packard Co is buying privately held storage software maker IBRIX as it looks to catch up with IBM and EMC Corp in the $20 billion market for corporate data storage equipment.
Dell Vostro, the all in one desktop unveils
Dell Inc on Thursday unveiled its all in one desktop, a stylish, scalable and secure design for small-medium businesses.
Worldwide PC shipment fell less than Analyst expected
Worldwide personal computer shipments in the second quarter took a major plunge of 3 percent, according to worldwide PC tracker on Wednesday.
Abbott profit hurt by dollar and generics
Abbott Laboratories Inc's second-quarter earnings fell 2.6 percent, with generic competition for its Depakote anti-seizure drug overshadowing strong sales of its Humira arthritis drug and its Xience heart stent.
Daily News Wrap Up - July 14
Goldman soars, High Earner Tax Targets, Exxon's biofuel
Intel trumps forecasts, bodes well for PC sector
Intel Corp's quarterly results and outlook blew past Wall Street forecasts on better-than-expected consumer demand for PCs, especially in Asia, setting an auspicious tone for the technology sector.
Wall St up as earnings offset retail data; Intel soars
U.S. stocks managed modest gains on Tuesday as better-than-expected corporate profits overshadowed concerns about weak consumer demand.
Wall St advances as earnings offset retail data
U.S. stocks managed modest gains on Tuesday as better-than-expected corporate profits overshadowed concerns about weak consumer demand.
Sun earnings to miss forecasts; Oracle unfazed
Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.
Sun Micro earnings to miss forecasts; Oracle unfazed
Sun Microsystems Inc warned that quarterly results will sharply miss Wall Street projections, but the news did not appear to faze Oracle Corp , which is buying the company for $7 billion.
Wall St flat as earnings offset retail sales data
U.S. stocks were little changed on Tuesday as positive news from the corporate earnings season offset data pointing to weak consumer demand.
Sun Micro sees weaker than expected revenue
Sun Microsystems Inc , the computer server maker being acquired by Oracle Corp , issued a revenue forecast that fell short of Wall Street estimates.
Wall Street lower on spending caution; financials weigh
Stocks fell on Tuesday, weighed by data pointing to weak consumer demand and by profit-taking in banks after a run-up in anticipation of strong results from Goldman Sachs Group .
Sun sees weaker than expected revenue, net loss
Sun Microsystems Inc, the computer server maker being acquired by Oracle Corp, issued a revenue forecast that fell short of Wall Street estimates.
Stock futures higher ahead of Goldman results
U.S. stock index futures pointed to a stronger open on Wall Street on Tuesday, ahead of eagerly-awaited quarterly results from Goldman Sachs .
Dell sees lower Q2 margins, stock falls
Dell Inc forecast lower gross margins in the July quarter as demand has shifted toward cheaper computers such as netbooks, while prices of components are rising, sending its shares down 4 percent.
Dell sees modest decline in fiscal Q2 margins
Dell Inc expects to report a slight sequential increase in revenue for the quarter ending July 31, but it forecast a modest decline in gross margins due in part to higher component costs and an unfavorable mix of products.
Dell sees lower fiscal Q2 margins, stock falls
Dell Inc forecast lower gross margins for the July quarter, citing higher component costs and an unfavorable product mix, sending its shares down 3 percent
NetApp may be target after failed Data Domain bid
NetApp Inc may itself become an acquisition target after rival EMC Corp foiled its effort to buy Data Domain Inc, a niche player in the $20 billion-a-year data storage equipment market.
Wall Street set to fall on earnings jitters, oil
Wall Street was poised for a lower open on Friday after Chevron warned about second-quarter earnings, raising the specter of a weaker-than-expected second-half economic recovery and anemic corporate profits.
EMC wins fight for Data Domain as NetApp drops out
EMC Corp won the bidding war for specialty data storage technology company Data Domain Inc on Wednesday as rival NetApp Inc pulled out, saying it would not match EMC's $2.4 billion bid.
Dell launches digital forensics service for police
Dell Inc, the world's second-biggest maker of personal computers, launched a package of hardware, software and services on Tuesday designed to help police convict more criminals as digital evidence proliferates.