CEO of Lenovo Group, William J. Amelio, resigned, as the World's fourth largest PC manufacturer announced a $96.7 million quarterly loss on Thursday, following declining sales as a result of the current economic climate. The... More...
When Microsoft posts its quarterly profit on Thursday, it is expected that it will have missed the company's own target for the quarter, prompting speculation that the company could soon announce thousands of job cuts.... More...
Adobe Systems Incorporated has announced its financial results for its fourth quarter and fiscal year ended November 30, 2007. In the fourth quarter of fiscal 2007, Adobe achieved record revenue of $911.2 million, compared to... More...
Graphics chip maker Nvidia posted a sharply higher quarterly profit Thursday on stronger sales of its products, especially ones for laptop computers. Nvidia also forecast that its sales would rise by more than what Wall... More...
Microsoft said net income for its fiscal second quarter (three months ending December 31) fell 28% to $2.63 billion as delays in shipping Windows Vista pushed some profits and revenue to the third quarter. The... More...
AMD reported its first loss since the first quarter of 2005, losing $574 million or $1.08 per share, during the fourth quarter. Most of AMD's loss can be attributed to the acquisition of ATI; AMD... More...
Dell, on Monday, said in a statement it will delay the 10-Q filing for the quarter ended Aug. 4 because of questions raised by the "informal" SEC investigation "into certain accounting and financial reporting matters"... More...
Microsoft Corp., the world's largest software maker, late Wednesday said its board raised its quarterly dividend 12.5 percent to 9 cents, citing confidence in its product lineup and growth prospects. The... More...
Though Nintendo DS has received surprising acceptance from every territory, successfully holding off the PSP onslaught, the new handheld isn't enough of a money maker to make up for Nintendo's missteps. Reuters Japan... More...
Electronic Arts stock took a major hit yesterday when quarterly earnings reports were released by the company. Revenues for the quarter were off 16% from last year's figures, leading EA to a net loss... More...
Microsoft yesterday posted its smallest growth in quarterly revenue in nearly five years, but its bottom line met Wall Street's expectations, and the company said it foresees bigger growth in the year ahead. The Redmond... More...
Business software maker Oracle Corp. said Tuesday its earnings and sales continued to erode in its latest quarter as companies around the world remained reluctant to invest in technology. The Redwood Shores-based... More...
A slowdown in PC buying resulted in a sizable loss and a large decline in revenue for chipmaker Advanced Micro Devices. AMD's revenue for the second quarter, ended June 30, came to... More...
REDMOND, Wash. Microsoft Corp. today announced revenue of $6.13 billion for the quarter ended Sept. 30, 2001, a 6 percent increase over the $5.77 billion reported in the prior year. Operating income totaled $2.90 billion... More...