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54 Stories
Computer Associates warns on lower revenue
News The software company cuts guidance by up to 5 percent, citing weak performance of the services business.
Oracle delivers solid third quarter
News Fiscal third-quarter earnings were better than expected, while the strong dollar hits fourth-quarter outlook.
Tags: Business plans, profit, SAP AG, Larry Ellison, Dividend, Database, non-GAAP, Software Licence, profit, Sales
Yahoo earnings decline, miss estimates
News Company's net income drops 19 percent and along with revenue misses analyst expectations for the second quarter.
Tags: Earning reports/forecasts, Search, Internet advertising, Google Inc., Yahoo! Inc., Internet Search Advertising, GAAP, Advertisement, Earnings, activist investor
HP expects to outpace market in 2010
News Computing giant is bullish about the coming year, with CEO Mark Hurd declaring that he expects "strong, let me say it one more time, strong growth" in printing.
Tags: Personal Computers, Hewlett-Packard Co., Growth, non-GAAP, GAAP, competitive advantage, earnings per share, Mark Hurd, printing, analyst
Accounting rule change could boost Apple revenue
News Proposed change would allow Apple to recognize revenue for the iPhone immediately instead of over eight quarters.
Tags: Business Strategies & Functions, Cellular phones, Apple Inc., GAAP, IEEE 802.11n, Apple TV, Apple iPod, technology company, Apple iPhone, accounting
Adobe issues first-quarter warning
News Company says it will miss its previous forecast for revenue, but it expects to meet its profit forecast thanks to managing its expenses.
Tags: Digital media, Earning reports/forecasts, Adobe Systems Inc., GAAP, software company, Digital media, performance, revenue forecast, CEO, revenue
EMC ups Data Domain bid as NetApp deal proceeds
News Even as NetApp receives clearance from U.S. authorities to buy Data Domain for US$1.9 billion, rival EMC ups stakes to US$2.1 billion.
Tags: Storage software, Storage, Acquisitions, Domain, non-GAAP, EMC Corp., GAAP, FTC, amortization, Storage software
Facebook ousts CFO Gideon Yu
News Facebook confirmed that CFO Yu will be leaving the company. Now the big question is, why?
Tags: Human resources, CFO, IPO, GAAP, Gideon Yu, Gideon, EBITDA, Facebook, financial, valuation
eBay lays off 1,000 employees
News Online auctioneer, soon reporting third-quarter results, also announces plans to acquire Danish classifieds specialists Den Bla Avis and BilBasen for approximately US$390 million in cash.
Tags: Layoffs, Acquisitions, eBay Inc., Workforce, non-GAAP, GAAP, earnings per share, temporary worker, online retail company, retail company
NetSuite, Zoho see rising uptake of hosted apps
News Accelerated adoption of the companies' online suites is thought to be putting pressure on the traditional business-software market and model.
Tags: Business applications, Software, NetSuite Inc., Google Inc., GAAP, Nestle, Microsoft Dynamics, software-as-a-service, revenue, accounting
HP to acquire EDS for US$13.9B
News It's official. Deal will create a computer services giant intended to rival IBM in the market for serving business customers.
Tags: Mergers, Acquisitions, Business development/management, Hewlett-Packard Co., IT Services, Electronic Data Systems Corp., GAAP, job, computer services company, revenue
Sun, TI predict revenue drop as credit crunch bites
News The companies have both predicted a decline in revenue year-on-year, and cite current economic difficulties as the cause.
Tags: Processors, Servers, Hardware, Sales/revenue, Earning reports/forecasts, IBM Corp., Texas Instruments Inc., EMEA, Wireless, GAAP
Shhh, but I ain't no Apple fanboy
Blogs Clearly, I ain't no boy. And unlike the millions of people worldwide who proudly carry an iPhone in their pocket, I'm al...
NetApp buys Data Domain for US$1.5B
News NetApp says it plans to work Data Domain's de-duplication storage systems--which aim to cut costs and make data management easier--into its own global sales channel.
Tags: Mergers, Data Management, Data centers, Domain, De-duplication, non-GAAP, GAAP, Storage, Sales, net income
Symantec 'under pressure' despite strong results
News The security giant has posted strong end-of-year results but faces competition from high-performing rivals, says analyst firm Canalys.
Tags: Security, Analyst reports, Trend Micro Inc., GAAP, international business, Symantec Corp., McAfee Inc., financial, revenue, principal analyst
