Recent Articles
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Intel Sees Record Q3 Revenues Driven by PC Market
Intel executives have been vocal in their belief that the PC market is healthy despite analysts’ gloomy forecasts for that sector, and that it was the chip maker s PC business that helped fuel record financial numbers in the third quarter. Even with rivals experiencing tough going, Intel in the third quarter saw revenues hit…
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EMC: 28 Percent Jump in Third Quarter Profits
EMC’s newly refreshed enterprise storage line, featuring 41 new products launched in the last 18 months, apparently is also refreshing the company’s revenue and profit levels. The huge storage, security and cloud infrastructure provider continues to file impressive quarterly reports, posting record third-quarter results Oct. 18 that included a 28 percent jump in profits year-over-year.…
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Apple iPhone, iPad Sells Strongly in Fourth Quarter
Apple reported sharp year-over-year spikes in sales of iPhones, Macs and iPads for its fiscal 2011 fourth quarter, suggesting that Google Android has done little to erode Apple s retail presence or margins. Apple is currently locked in a number of intellectual-property suits against Android manufacturers, including HTC and Samsung, which threaten to limit where…
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IBM’s 3Q Profit Rises 7 Percent as BI, Cloud Spending Grows
IBM saw its third-quarter revenue rise 8 percent to $26.2 billion, largely based on the company’s performance in growth markets, software and services. Moreover, IBM reported that net income in this interval grew 7 percent to $3.8 billion from $3.6 billion. "In the third quarter, we drove revenue growth, margin expansion and increased earnings as…
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Dell, EMC Kill Storage Reseller Partnership Two Years Early
Something that has been talked about openly in storage circles for more than two years has come to pass: Dell and EMC are parting ways in selling storage hardware, and they are ending their agreement two years early. Now Dell and EMC are officially competitors. Following a complicated 10-year partnership that was to run until…