Recent Articles
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Cisco Sees Revenue Falling as Economic Woes Spread
By Ritsuko Ando NEW YORK (Reuters) – Cisco Systems Inc (CSCO) Chief Executive John Chambers warned that revenue could fall as much as 10 percent in the current quarter as an economic downturn spreads from the United States to Europe and Asia. The company’s shares fell 6 percent after Chambers’s cautious outlook for the impact…
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BMC Chief: Time to Redesign, Automate IT
Financial markets continue to slide, forcing enterprises and small businesses alike to cut spending and lay off even mission-critical employees. Although unfortunate, this is looking like a good trend for vendors and resellers specializing in business service management and automation tools. BMC Software, a leader in BSM software and methodologies, reported Oct. 30 that its…
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Cisco to Invest $100M to Boost Small Business Sales
NEW YORK, Nov 6 (Reuters) – Cisco Systems Inc (CSCO.O: Quote, Profile, Research, Stock Buzz) will invest $100 million to bolster sales to small businesses, even as the U.S. network equipment maker struggles with a weaker global economy. Cisco said on Thursday it sees an opportunity to expand sales of routers, switches, and other equipment…
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Iomega StorCenter ix2 Offers Ample Storage for Negligible Price
If Eddie Money penned a song about the Iomega StorCenter ix2, it would probably be titled, "I’ve Got Two Tickets to Terabytes." That’s because the latest network-attached storage unit from Iomega can be configured one of two ways, as a 2TB "just a bunch of disks" storage device or 1TB device that uses drive mirroring…
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Perot Systems Sees Q4 Results Below Street
Nov 4 (Reuters) – Computer services company Perot Systems Corp (PER) posted quarterly profit in line with market estimates, but forecast fourth-quarter results below expectations as its sees a drop of $25 million in revenue due to certain changes in contracts with clients. For the fourth quarter, the company expects earnings of 23 cents to…
