Bracing For Oracle Earnings (ORCL)
Oracle Corp. (NASDAQ: ORCL) is set to report earnings after the close of trading today. The enterprise software giant is expected to post non-GAAP earnings of $0.32 EPS and $5.45 billion in revenue according…
Oracle Corp. (NASDAQ: ORCL) is set to report earnings after the close of trading today. The enterprise software giant is expected to post non-GAAP earnings of $0.32 EPS and $5.45 billion in revenue according…
Cisco Systems, Inc. (NASDAQ: CSCO) came out with its big technology platform announcement, as prior reports had hinted at. This includes announcements for services and products involving Microsoft Corp. (NASDAQ: MSFT), Red Hat Inc.…
It’s been quite a week for Apple news and AAPL shares. Here are the key headlines aggregated from 24/7 Wall St. partner Apple Investor News: • The big news involved incessant rumors about Apple…
From 24/7 Wall St. partner AppleInvestorNews Just Announced: An Apple (AAPL) event in Cupertino next Tuesday will talk about the next generation of iPhone software. The Apple invitation to reporters formally dubs it “iPhone OS.”…
Adobe Systems Inc. (NASDAQ: ADBE) gave some mixed guidance last night, but in today’s climate of tech washouts any guidance is a win. That is what we are seeing this morning, and analyst calls…
Around the world, PC sales are dying. The global recession is causing consumers and businesses to defer purchases until their current machines break down. Their older computers have powerful enough processors and adequate versions…
There is market chatter, despite the sell-off, that Oracle Corp. (NASDAQ: ORCL) may play catch-up in the virtualization space. Jefferies has noted that Larry Ellison and friends may soon acquire privately held Virtual Iron,…
Autodesk, Inc. (NASDAQ: ADSK) is trading lower after its earnings, or at least after its losses. The software and design assistance company did beat expectations with $0.31 EPS as revenue dropped 18% to $49…
Google (GOOG) came very close to facing antitrust charges when it planned to partially marry its search system with Yahoo!’s (YHOO). With 65% of the US search market, analysts believe the Google has a…
It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers. One of the things computers and servers have in common is…
Hewlett-Packard Company (NYSE: HPQ) posted earnings of $0.93 EPS and $28.8 billion in revenue. Thomson Reuters (First Call) estimates were $0.93 EPS and $31.93 billion in revenue. While this is technically a “beat against…
If this was during good times, we’d be under the impression that there was a failed coup inside salesforce.com, Inc. (NYSE: CRM). Steve Cakebread, the company’s president & chief strategist, has resigned. And there…
You do not see too many upgrades in corporate credit ratings during this part of the business cycle, let alone in technology and software. But Red Hat, Inc. (NYSE: RHT) was just raised by…
Citrix Systems Inc. (NASDAQ: CTXS) is getting shelled after its earnings report. The company’s net fell 4% to $0.33 EPS, and non-GAAP earnings before items was $0.48 EPS. Revenue rose 4% to $415.7 million. …
Shares in large software companies including Microsoft (MSFT) and Oracle (ORCL) have been selling off quickly over the last two quarters. The general forecasts for the firms is that a slowdown in IT spending…