Dell Inc. (DELL-NASDAQ) announced today that MICHAEL DELL will assume the duties of Chief Executive Officer, effective immediately. Mr. Dell, who will retain his duties as Chairman of the Board, will replace Kevin Rollins.…
Sony’s (SNE) quarterly results had one overwhelming message. Consumer electronics and handsets are the future of the company. Playstation is moving toward the background. Sony’s operating profit dropped 15% to $1.5 billion, but revenue…
According to Reuters, Mr. Ballmer of Microsoft (MSFT) sees the new Vista OS driving an "up tick" in PC sales. Any news that PC sales could move North might be a relief for Dell…
Western Digital (WDC-NYSE) reported earnings on an EPS basis of $0.57, above the $0.53 estimates; and revenues were $1.43 Billion instead of the expected $1.36 Billion estimate. This is 23% earnings growth year over…
In a sign that the video game craze may be getting out of hand, Nintendo will begin offering a free Associated Press news feed to its new Wii gaming platform. Who is going to…
Bank of America dropped its price target on Dell (DELL) from $29 to $28 today. Call it a rounding error. The reasons were that sales to corporate customers, the core of Dell’s business, have…
It looks like the analysts at Bank of America has been running around to consumer electronics stories to check Playstation 3 sales. Their conclusion: Bank of America’s Michael Savner this morning says recent checks…
Stock Tickers: SUNW, COMS, NOVL, GTW Sun Microsystems (SUNW) is trading up 6% at $6.00 at 10:00 AM EST (was up as much as 9% out of the chute) this morning. As we noted…
Stock Tickers: DMGI, AAPL Digital Music Group (DMGI) is trading up 35% at $5.15 in after-hours trading. Its 52-week range is $3.75 to $10.42; and only trades 16,700 shares per day (excepttomorrow). DMGI has…
Advanced Micro Devices (AMD) posted results of EPS at $0.10 before a huge spate of merger charges and revenues of $1.77 Billion; expectations were a bit skewed around the $0.10 and revenues were expected…
Sun Microsystems (SUNW) is trading up over 6% in after-hours trading at $6.02, after closing down 1.5% at $5.66 in normal trading. The company posted EPS of $0.03 and $3.56 Billion; Expectations were $0.01…
Well, all the news is out. The great earnings. The 21 million iPods sold last quarter. The iPhone introduction. What does Apple have to show. A stock that have fallen from $97.80 (more after…
Michael Dell, Chairman and Founder of Dell (DELL) Despite Wall Street speculating and even calling for the ouster of Rollins, Michael Dell has been able to keep his man. The stock’s bounce has helped…
24/7 Wall St. has a BAIT SHOP report of potential buyout candidates, and this morning we sent out an email update to our free email subscriber list regarding Western Digital (WDC). Current market action…
Apple (AAPL) lost ground at the end of regular trading, down over 2% to just above $95.. Even with conservative guidance for the next quarter, results were overwhelmingly positive and the stock rose over…