Apple hails results but outlook knocks stock price
Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.
Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.
Business
Jan 24, 2013
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(AP)—Moody's Investors Service on Wednesday lowered its long-term credit rating on Hewlett-Packard, saying the technology giant will have trouble increasing sales of many of its products.
Business
Nov 28, 2012
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(AP)—Intel's sales are falling at a rate that blindsided the chip-maker's management, amplifying Wall Street's worries about the slumping personal computer market and the frail economy.
Business
Sep 7, 2012
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(AP)—Amazon.com is expected to update its Kindle Fire tablet computer on Thursday.
Consumer & Gadgets
Sep 6, 2012
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When D.K. Lee and Lane Rayburn, faculty members in the crop sciences department at the University of Illinois, talk about prairie cordgrass (Spartina pectinata) they have difficulty containing their enthusiasm. They are among ...
Biotechnology
Jun 26, 2012
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Oracle boss Larry Ellison said that he is out to dethrone IBM in the realm of business network hardware, including high-end computer servers.
Business
May 31, 2012
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(AP) -- Google is planning to complete its $12.5 billion acquisition of cell phone maker Motorola Mobility Holdings before Wednesday.
Business
May 21, 2012
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(AP) -- LM Ericsson, the world-leading wireless equipment maker in terms of market share, saw its first quarter profits more than double, largely on the back of proceeds made from the sale of its stake in handset maker Sony ...
Business
Apr 25, 2012
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(AP) -- IBM Corp. is raising its quarterly dividend and repurchasing $7 billion more of its stock under a new buyback program.
Business
Apr 24, 2012
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(AP) -- IBM Corp.'s stock fell after the company reported flat revenue, even as net income grew 7 percent in the first three months of the year, thanks to strong profit margins in its services business.
Business
Apr 17, 2012
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