News tagged with economic meltdown

Microsoft says cost-cutting CFO to step down

(AP) -- Microsoft Corp. on Tuesday said its chief financial officer is departing at the end of the year and will be replaced by the man now responsible for the books at the division that produces Microsoft Office and other ...

dateNov 24, 2009 in Business
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Investors lap up Apple's 47 percent profit jump

(AP) -- Wall Street knew Apple Inc.'s results for the most recent quarter would blow past the company's guidance, but investors clearly weren't prepared for the 47 percent jump in profit that Apple delivered.

dateOct 19, 2009 in Business
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Microsoft CEO Ballmer's salary up 4 percent in '09

(AP) -- Microsoft Corp. raised CEO Steve Ballmer's salary by 4 percent at the start of fiscal 2009, a year in which the software maker's profit declined 17 percent as the economic meltdown decimated personal computer sales.

dateSep 19, 2009 in Business
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