According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
Handset users are throwing away their old phones in favor of smart phones from shops like Apple (NASDAQ: AAPL and Research-in-Motion (NASDAQ: RIMM). According to a survey by ChangeWave seventeen percent of…
Douglas A. McIntyre The founder of the Linux open source project, Linus Torvalds, said Microsoft’s (NASDAQ: MSFT) Vista operating system weak and full of bugs. But, he left his hardest criticism for Apple’s OS X…
Microsoft (MSFT) kept the Linux desktop people at bay for years. The open source operating systems wanted a piece of Redmond’s huge Windows PC franchise. The problem with Linux software is that…
Garmin Ltd. (NASDAQ: GRMN) has unveiled a new device today and this looks like many consumers will interpret it as a shot right across the bow of Apple Inc. (NASDAQ: AAPL). These…
According to Reuters, Amazon’s (AMZN) financial results show that its profit margins were squeezed in the last quarter. Reuters writes that Starbucks (SBUX) will close 100 stores and say 2008 could bring…
Jim Cramer is going anti-tech, again, yet for entirely different reasons than when he said "dump tech" in January 2007. In January 2007, Cramer wanted to dump tech because of the seasonality…
Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That list is…
For Bill Gates the wait must have seemed to last more than a lifetime. Microsoft (MSFT) and Apple (AAPL) both became modest-sized businesses in the early 1980s. But the Bill Gates’ company…
The news that AT&T’s (T) consumer business was soft last quarter is old now. The company’s shares are up almost 3% on release of its fourth quarter numbers. On a pro forma…
Palm (PALM) Already weak company in the same sector as iPhone, Dragged down by bad news from Apple (AAPL). Falls to $4.25 from 52-week high of $19.50. Human Genome Sciences (HGSI) Clinical…
Everything is fine at Research-In-Motion (RIMM). At least as far as anyone can tell. EPS is expected to be $.69 in the current quarter, up from $.33 a year ago. Sales are…
Douglas A. McIntyre We are full fledged into earnings season now, so most news coverage will point to the current earnings environment and guidance. There are of course drug developments and other contracts awards. Below…
Posit, if you will, that unusually strong Apple (AAPL) earnings, coupled with an upbeat forecast for the next few quarters, might have stopped the sell-off in techs in its tracks. Apple has…
According to Reuters, Apple’s (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%. Reuters writes that Texas Instruments (TXN) posted higher profits. Reuters reports that Big Oil’s rally…
