HP's Slump Deepens as Profits Plummet 32% in Fiscal 2Q
Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.
computers
Yahoo, Intel Earnings Set Up Market Decline
Yahoo's earnings rose 36% from a year ago, but the company's new management team remains under pressure to prove that its turnaround plan is working. Intel's net fell 25%.
5 Winners and Losers of the Week in Business
From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
Buy Computers on Mondays, Books on Saturday, Stoves on Sunday
From books to bling to big-ticket appliances, it really does make a difference which day of the week you buy.
Surf for Savings on Internet Service -- Savings Experiment
Experts talk about the cheapest internet providers and how to lower your monthly costs on the service.
Save All Around by Powering Your Computer Down -- Savings Experiment
Experts discuss the costs of powering your computer down vs. leaving it in standby mode.
PC Upgrades on Byte-Size Budgets -- Savings Experiment
Experts offer low-cost alternatives for upgrading your PC.
Internet Insecurity: The 25 Worst Passwords of 2011
You've got locks on your doors, but all that stands between criminals and your bank account data is the word "password." Really? Here are 24 more passwords you shouldn't use.
Savings Experiment: Ink the Best Deal on Printer Toner
You're printing out pictures of your dog wearing costumes when suddenly the "Toner Low" message flashes on your printer. Your heart fills with dread. Never fear. We've consulted the experts for tips on how to get the most toner for your money and get you back to printing in no time.
7 Shopping Dos and Don'ts for September
If August is all about scoring deals on backpacks and other back-to-school items, then what should you buy in September? The editors at DealNews took a look at historical data and came up with the best and worst things to buy this month.
What Does the Future Hold for Apple's Stock?
Since hitting an all-time high several weeks ago, Apple's stock has gone through a turbulent patch. Investors meanwhile, are considering several issues that could dramatically impact the tech giant's future direction.
Tablets and Smartphones Slow Laptop Sales Growth
Gartner has lowered its laptop-sales forecast for this year and the next, predicting that the popularity of tablets and smartphones will slow laptop sales. Gartner expects worldwide laptop sales to increase 11% this year and and 14% next year, down from a previously forecast 16$ and 15%, respectively.
How IBM Built Watson, Its 'Jeopardy'-Playing Supercomputer
Brandishing hardware and software optimized for understanding the nuances of natural-language questions, Big Blue's ultra-brainy machine is preparing to face two flesh-and-blood champions of the TV game show. And if it also brings in some new customers for IBM's growing analytics software business, all the better.
IBM Earnings Get an Upgrade from Outsourcing
IBM beat Wall Street expectations with its fourth-quarter earnings released Thursday, growing profit 9% and sales 7%. The company has gained from increased corporate spending on computer upgrades and on outsourcing.
Gartner: IT Spending will Grow 5.1% in 2011
The outlook for IT spending this year is looking up. Research firm Gartner said Thursday it expects revenue to grow 5.1% from 2010, an increase from a previous forecast of 3.5% growth.
Holiday Consumer-Electronics Sales Fell 5%
U.S. consumers spent 5% less on consumer electronics during the last holiday season compared to a year earlier, according to a new report from NPD Group. Even at discounted prices, Americans bought fewer flat-screen televisions and desktop computers, as well as lower-end digital cameras and MP3 players, according to the report.
Hewlett-Packard Beats Out Lockheed for $2.5 Billion NASA Contract
Hewlett-Packard has won a contract worth up to $2.5 billion to supply computer equipment -- including hardware and software -- and information-technology services to NASA. HP's gain is Lockheed Martin's loss: Lockheed had been NASA's IT supplier until now.
Intel Will Have to Prove Itself All Over Again in 2011
Intel's stock is up just 2% this year compared to the Nasdaq's 17% rise, and investors fret that the explosive growth of smartphones and tablets will crimp the market for the PC chips that produce the bulk of Intel's revenue. But the tech giant has a plan.
Rare Apple I Computer Sells for $210,000 at Auction
An Apple I, one of only 200 computers the company made for its first-ever sales model in 1976, sold at a London auction for about $210,000, the Associated Press reported.
Hewlett-Packard Beats 4Q Estimates on Growing Business Demand
Hewlett-Packard'sfiscal fourth-quarter profit rose 5.2% as the world's biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer demand for PCs.
Corporate and Government Customers Double Dell's 3Q Earnings
Dell's third-quarter profit more than doubled from a year earlier as demand for its computers from larger companies and governments offset the effect of tepid consumer growth.
Despite Higher Earnings, Cisco Shares Fall on Lower Margins
Cisco Systems grew its fiscal first-quarter profit 8% from a year ago, beating analysts' expectations, but lower margins have pushed its shares down more than 12% in extended trading.
IBM to Donate Technology to Make Cities More Efficient
IBM says it will donate a total of $50 million in free technology and services to 100 U.S. cities that can best use it to boost their efficiency in healthcare, education, transportation and other areas.
IBM to Put U.S. Government on the Cloud
International Business Machines on Monday said its new Federal Community Cloud will provide cloud-computing services to the U.S. government. IBM is already working with 15 federal departments and is now aiming for state and local governments as well.
SAP Misses Third-Quarter Earnings Expectations as Margins Fall
Shares of SAP fell Wedneday after the German software company's third-quarter profit grew less than analysts had expected. Sales beat Wall Street expectations, growing 20% year over year, but net income rose only 12% on lower margins.
