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Cisco Forecast Suggests Tempered Optimism for Tech Sector
November 06, 2009
Cisco Systems doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back. A slow improvement in orders is under way, but the pace is still slow and the recovery is fragile, executives told analysts Wednesday.
Ancestry.com to Take IPO Plunge
November 04, 2009
Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges.

The iPhone's China Syndrome
November 04, 2009
The iPhone went on sale last week in China, and it landed more or less with a thud. Cupertino's carrier partner in that country, China Unicom, announced on Tuesday that only 5,000 customers had purchased the phone thus far. At this rate, the handset may have trouble meeting sales expectations. China Unicom had pledged to sell 1 million iPhones per year.
Windows 7 Takes Back Mac Switchers and Other Reasons for Hope
November 02, 2009
Last month was fascinating for me. Not only was Windows 7 launched, but it appeared last week that because so many Mac users were installing Windows 7, some huge enterprise servers crashed. In addition, I got a chance to see Yahoo's new CEO Carol Bartz in action, and was both impressed with her and a little disappointed in the event.

Tight Times Are the Right Times to Spend on Innovation
October 31, 2009
A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits. Investors are cheering, but they shouldn't. Even in these tough times, more CEOs should be talking about how they are seeking out investments, developing new technologies and making acquisitions. That's what will set their companies up for a stronger future.
Wii's Glory Days May Be Over
October 29, 2009
Nintendo's first-half profit plunged as sales of its hit Wii home console fizzled, forcing it to forecast annual earnings would fall for the first time in six years. The recent global price cut for the Wii also hurt Nintendo, which Thursday reported its profit for the April-September period was down 52 percent from a year earlier.

Bartz Gives Analysts a Little of the Old Soft Shoe
October 29, 2009
With its stock in a three-year funk, Yahoo set out Wednesday to persuade investors that the Internet company's struggles are nearly over. "We have fallen and we really want to get back up," Yahoo Chief Executive Carol Bartz said as she kicked off an all-day meeting with financial analysts.
An Android Advance, a Patent Punch and More Tablet Temblors
October 28, 2009
avweTalk that Apple is inching ever closer to making its rumored tablet computer a reality is making the rounds. In fact, Cupertino could sell more than 2 million tablets in 2010, according to the expectations of analyst Brian Marshall. Meanwhile, Apple should continue to gain strength in other areas with the new iMacs it introduced last week and the strength of its iTunes App Store.

Microsoft Stock Hits 52-Week High
October 23, 2009
Microsoft said Friday its net income fell 18 percent in the last quarter, largely because it deferred revenue when it let summertime PC buyers get free upgrades to Windows 7, which was released this week. Investors looked past that accounting decision, noting that if it had counted its deferred Windows revenue, Microsoft's earnings would have increased 8 percent from last year.
The Juggernaut's New iMac
October 21, 2009
Apple launched three new products Tuesday just hours after disclosing details on the most successful non-holiday quarter in the company's history. The new hardware includes new iMac models, a new sub-$1,000 MacBook and a multitouch mouse that Apple has dubbed the "Magic Mouse." On Wall Street, the company's revelations sent its stock climbing.

Apple's Q4 Blows Wall Street Away
October 20, 2009
Despite an ongoing recession, the fourth quarter of Apple's fiscal year 2009, which ended in September, was the company's second-best quarter ever, Chief Financial Officer Peter Oppenheimer said at the company's earnings call on Monday. Net revenues totaled $9.87 billion, and net quarterly profits $1.67 billion, or $1.82 per diluted share.
Good News From Google Fuels Tech-Sector Optimism
October 16, 2009
The tech industry is getting a boost from Google's 7 percent revenue jump from the year-ago quarter, as well as from better-than-expected earnings reports from IBM and, earlier this week, Intel. Google is apparently feeling confident enough about the economy and its own near-term prospects that it's contemplating one or more acquisitions.

Tech Sector Takes Point as Markets Climb Out of Hole
October 15, 2009
Intel and other technology stocks helped lead the way as markets climbed out of the trough they fell into in March -- even as the recession kept many big corporations and consumers sitting on their wallets instead of spending on computers and other high-tech products. Wary investors could find much to like about technology companies, including solid profits.
Wall Street Cheers Intel's Q3 Results, Q4 Forecast
October 14, 2009
Intel has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock surged Wednesday on signs that things are picking up faster than expected, despite a few lingering trouble spots. Intel reported after the market closed Tuesday that its profit and sales both dipped 8 percent from July through September as spending by corporations remained weak.

Visions of Bulls in AAPL's Crystal Ball
October 14, 2009
Investors are expecting a pleasant surprise when Apple issues its Q4 earnings report on Monday, Oct. 19, and analysts expect Cupertino to close 2009 with a bang as well. As a result, they're bullish on Cupertino. "We believe the stock is a must-own technology bellwether," said Brian Marshall, an analyst at Broadpoint AmTech. Apple should close out 2009 strongly, he expects.
How High - or Long - Can AAPL Fly?
October 07, 2009
Share prices of Apple were soaring on Tuesday, closing up over 2 percent at $190.01 Tuesday. The company has enjoyed some good news lately -- IBM is betting on the iPhone's penetration of the enterprise, and interest in rumors that Apple will bring out a tablet computer has continued to simmer for months despite no official comment from Cupertino. Other news hasn't been as positive.

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