Earnings

Value-added distributor Avnet saw strong sales of storage, software and industry-standard servers during the second quarter of its fiscal 2012, driven by vertical solutions and customers looking to leverage IT to be better businesses.

Apple's iPhone 4S and iPad helped drive a record quarter for the company, with $46.33 billion in revenues.

VMware posted quarterly net income of $200 million (46 cents per share) -- up from $120 million (28 cents per share) in the same period a year earlier.

IBM reported Q4 2011 earnings of 29.5 billion, showing a 4 percent increase in profits -- driven largely by software and services -- despite a dip in mainframe sales.

Intel saw record revenue of $54 billion in 2011, with officials now planning for efforts in smartphones, tablets and ultrabooks in 2012.

Microsoft's quarter saw robust business software and entertainment-product sales, although Windows sales remain soft.

Despite strong sales of electronics and a generally robust holiday shopping season, Amazon may miss Q4 revenue targets.

Software and services business continue to do well, but hardware sales were down 14 percent.

RIM saw its quarterly revenue and net income dip, but its co-CEOs insist their BlackBerry franchise will successfully execute a turnaround.

The new CEO acknowledges that the company had been "inconsistent" in its performance and that there would be "no more surprises" in its dealing with the press and shareholders.

The strengthening of certain foreign currencies against the U.S. dollar positively impacted year-over-year net sales.

After a year of streamlining and job cuts, Cisco is showing solid gains as illustrated by its latest financial quarter, which beat analyst estimates.

Symantec posted strong fiscal second-quarter results based on continuing demand for security and storage products despite weak PC demand and an uncertain economy.

Microsoft posted strong quarterly numbers on sales of business software and Windows, but cloud and online services aren t yet major revenue drivers.

Its chief financial officer warns of macroeconomic storm clouds ahead in 2012.

EMC said while third quarter profit soared, IT spending will slow down in 2012. The tech giant said that growth margins will still be significant--just slightly less than in this year.

Apple posted strong quarter earnings and higher sales of iPhone, Mac and iPad despite intensifying competition from Google Android manufacturers. Here's a look