IBM (IBM) chief executive Ginni Rometty dismissed talk of splitting up the listless company amid a 10th consecutive quarter of declining revenue, as the vendor’s Q3 2014 sales tumbled 4 percent year over year to $22.4 billion with a 17 percent downturn in GAAP net income to $3.5 billion.
What a difference a year makes. Apple (AAPL) put the pedal to the metal in its fiscal Q4 2014, posting quarterly revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, a 12 percent jump in sales and a 13 percent spike in earnings compared to the same period last year.
Businesses ordering BlackBerry's (BBRY) new Passport will have to wait in line for the mobile device maker’s in-demand smartphone—and that doesn’t displease John Chen, the company’s boss one bit. In fact, he’s happy about it.
With Chromebook sales expected to triple to 14.2 million units worldwide by 2017, or 5 percent of all PCs sold according to researcher Gartner’s figures, Korean device maker Samsung’s recent decision to pull out of the European laptop and Chromebook market appeared somewhat counterintuitive, as in, “what gives?”
Google (GOOG) quietly has appointed Hiroshi Lockheimer, its mobile OS Android Engineering vice president, to oversee the desktop and notebook-focused Chrome OS engineering team, according to a report in the Wall Street Journal.
Cybercrime costs U.S. large businesses some $12.7 million annually in damages, a 9.7 percent increase from $11.6 million last year, according to a new Hewlett-Packard (HPQ) Enterprise Security-sponsored global report conducted by the Ponemon Institute.
Amid the recent spate of alarming, high-profile retail heists of confidential customer data, Intel (INTC) is offering new technology baked into point-of-sale (POS) platforms to encrypt consumer and financial information.
Device maker Asus, in a collaboration with carrier AT&T (T) and chip giant Intel (INTC), has delivered the Padfone X mini, a 4.5-inch 4G LTE hybrid smartphone that converts to a 7-inch tablet when plugged into a docking station.
A week ago, AMD (AMD) replaced Rory Read, its former fix-it chief executive who’d arrested the company’s losses and found new revenue sources, with Dr. Lisa Su, its highly regarded chief operating officer (COO) who took the company’s reins after handling its business groups, sales and global operations.
Intel (INTC) has opened a dedicated “Intel Experience” area in a Best Buy (BBY) store in Oregon as part of a larger plan to operate in 50 of the big box retailer’s locations in 25 states by the end of this month.
Microsoft (MSFT) boss Satya Nadella, clearly flustered by hefty criticism aimed at him over his recent clumsy advice to women on pay raises and promotions, didn’t leave his public response at a simple mea culpa but instead acted to address the sensitive issues in which he founded himself ensnared.
As expected, Apple (AAPL) unwrapped a new 6.1mm thin iPad Air 2 and an iPad Mini 3, both of which feature the vendor’s fingerprint security sensor, as well as a 27-inch Retina display iMac and Mac Mini, and showcased its Mac OS X Yosemite software and its iOS 8.1 mobile operating system.
Chip giant Intel (INTC), widely regarded as the bellwether of PC health, posted $14.55 billion in sales and earned $3.3 billion, or 66 cents a share, for its Q3, besting analysts estimates in both topline figures.
Mobile chip giant Qualcomm (QCOM), a founding member of the AllSeen Alliance that aims to establish an open source framework for all manner of objects communicating with each other in the Internet of Things (IoT), said it will acquire CSR, a Cambridge, U.K., Bluetooth specialist, for $2.5 billion in cash.