Oracle delivers strong quarter, outlines plans for Sun
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Company announces better-than-expected second quarter results and says it expects the European Union to clear its proposed acquisition of Sun.
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Company announces better-than-expected second quarter results and says it expects the European Union to clear its proposed acquisition of Sun.
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Worldwide shipments of processors jump 23 percent over the second quarter, doubling typical sequential growth, says a new report from IDC.
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AP – Internet advertising in the United States slipped 5 percent in the second quarter as the recession extended the first slump in online marketing since 2002.
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AP – BlackBerry maker Research In Motion Ltd. reported a drop in fiscal second-quarter profit Thursday because of charges for a patent settlement and said revenue for the current quarter will fall below Wall Street’s expectations.
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Netbooks continue to surge in the second quarter, but can’t offset the overall decline in the PC sector, IDC says. Those low price tags don’t help matters.
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Slight rebound in PC sales helps company capture 80 percent of global microprocessor revenue for second quarter, says market researcher iSuppli.
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Netbooks grab greater market share with more than 38 million shipped in the second quarter of 2009, says new report from DisplaySearch.
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AP – Dell Inc.’s second-quarter results reinforce what other tech heavyweights have shown recently about the health of the personal-computer industry: it’s still wounded by the recession, but is staggering back to its feet, thanks to consumers, bargain prices and little “netbook” laptops for surfing the Internet.
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AP – Cost-cutting at Verizon Communications Inc.’s wireline business failed to keep pace with falling revenues as the nation’s largest wireless carrier reported a 21 percent drop in second-quarter profit and announced further job cuts.
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AP – The recession continued to hurt eBay Inc. in the second quarter, as earnings and revenue fell amid a sales decline in the main online marketplace, overshadowing growth in its payments and Skype communications units.
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