Recent Articles
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Microsoft’s Unprecedented Results Cast Doubt on Tech Recovery
(Reuters) – The tech sector’s road to recovery just got a lot bumpier. Microsoft Corp’s billion-dollar-plus revenue shortfall in its fiscal fourth-quarter abruptly dampened hopes that demand for PCs was on the mend and sent a spate of tech stocks tumbling after-hours on Thursday. While Wall Street has rallied on better-than-expected quarterly results from chipmakers…
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Microsoft Misses Revenue Mark, Shares Fall
(Reuters) – Microsoft Corp posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares down 8 percent. The world’s largest software maker, whose operating systems power the vast majority of the world’s personal computers, reported fiscal fourth…
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Microsoft Takes ERP Fight Directly to Sage
Microsoft went for blood this week against Sage Software, one of the Redmond, Wash., software giant’s leading rivals in the ERP and business software space. Microsoft called into question the stability of Sage’s channel, citing the shuttering earlier this month of MIS Group, one of Sage’s largest partners for two years’ running. “Microsoft Dynamics offers…
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Microsoft Blasts Windows 7 to Manufacturing
Microsoft’s forthcoming Windows 7 operating system was released to manufacturing on Wednesday, a milestone that signals the formal completion of the engineering development phase. Partners and ISVs can work with the final version, with locked-in code and features, as they build out their own solutions heading toward the general availability launch of the products this…
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AMD Quarter Earnings Beat the Street, but Still Disappoint
Advanced Micro Devices’ (NYSE: AMD) revenues of $1.18 billion beat Wall Street expectations of $1.13 billion, but that wasn’t enough to quell disappointment that the company’s results were not as impressive as its larger rival Intel’s, announced last week. AMD revenue was flat sequentially and down 13 percent from the same period last year. AMD…