Dell Profit Dives as PC Sales Slide
Dell reported a 79 percent slide in profit in the first quarter as personal computer sales continued to shrink.
PC Sales
Facing Slumping PC Sales, Microsoft Retools Windows 8
Microsoft is retooling the latest version of its Windows operating system to address complaints and confusion that have been blamed for a slump in personal computer sales.
Stocks Rise for Fourth Day in a Row, Led by Retail
Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight.
Yum Brands' China Sales Catch a Case of Bird Flu
The bird flu outbreak in China is taking a big bite out KFC's sales there. They fell 16% last week, and the downtrend for the unit of Yum Brands is continuing this month.
PC Sales Battered by Tablets, Windows 8 Flop
Two somber new reports show unprecedented declines in desktop and laptop sales during the first three months of the year.
Founders Taking Their Firms Private: A New Wall Street Trend?
Barnes & Noble's Leonard Riggio, Dell's Michael Dell and Best Buy's Richard Schulze each want to save the troubled companies they founded from the pains of publicly traded life. But are their plans powered by sound thinking, or wishful thinking?
Done Deal for Dell: $24.4 Billion Plan to Go Private Finalized
Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft. It's the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this.
5 Winners and Losers of the Week in Business
From a fast-growing burrito roller coming undone to an educational electronics toy maker topping a holiday sales list, here's a rundown of this week's star performers and biggest losers in the business world.
Earnings From McDonald's, Microsoft Sink Stocks
Disappointing earnings reports from McDonald's, Microsoft and other companies dragged the stock market down Friday.
Kiss Your PC Goodbye
Your desktop -- and maybe even the shiny new laptop that you bought a few months ago -- are dinosaurs. The "good enough" computing revolution that has nudged consumers-on-the-go toward smartphones and tablets is taking its toll on the box business.
Why Hewlett-Packard Will Never Be Great Again
In the past two years, Hewlett-Packard's world has turned upside-down, thanks to CEO woes, costly acquisitions and a doomed attempt to revive webOS. All those problems cost the tech giant 58% of its market value. But as bad as things appear now, they can always get worse.
Are PCs Going Extinct?
PC makers better learn to think outside of the box: Computer sales continue to slip as companies cautiously watch their spending and consumers flock to tablets and smartphones for their basic computing needs.
Why Dell Will Never Be Great Again
Dell shares opened sharply lower on Wednesday after the PC maker posting disappointing financial results. Sales are soft, margins are contracting, and the outlook is uninspiring.
Apple's iPad Is Set to Take a Bite Out of PC Sales Growth
IT trends researcher Gartner cut its forecast for 2011 worldwide PC shipment growth from 18.1% to 15.9%. That's still very robust for PCs, but it's an early sign that the iPad's wild popularity is taking a toll on the rest of the computer industry.
PC Shipments Slow in Q3
Shipments of personal computers missed forecasts in the third quarter, increasing by 7.6% rather than the 12.7% industry analysts had expected to see.