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Friday, November 13, 2009

Dell Dials Up Smartphones

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Tuesday, November 10, 2009

100,000 Droids Dropped During First Weekend

droid_eyeThe Droid invasion appears to be going according to plan. Motorola’s new Android-based handset arrived at Verizon Wireless stores last Friday and analysts say it’s selling quite well. Indeed, Broadpoint AmTech analyst Mark McKechnie estimates Verizon sold about 100,000 Droids in its first weekend.

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Wednesday, November 4, 2009

Cisco Tops Estimates

ciscosimpsonsAs its recent buying binge–three acquisitions in October, alone–suggests, Cisco’s business is in decent shape these days. Reporting first-quarter results after market close today, the company handily beat Wall Street estimates.

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Friday, October 30, 2009

Another Stinker From Sony

sonySony’s second quarter was another sorry one marked by the company’s fourth loss in as many quarters. Still, it was smaller than expected.

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Thursday, October 29, 2009

Ask.com? Give It to Microsoft; He’ll Eat Anything.

dillerIf Barry Diller is looking for somewhere to unload IAC’s Ask.com search engine, he’d be wise to consider Microsoft–if he doesn’t have that in mind already. Analysts reflecting on Diller’s recent remarks about Ask’s “speculative future” say Microsoft is the most likely buyer if IAC is truly serious about dumping the little search engine that couldn’t.

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Motorola on the Rebound

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Wiif

supermario_ronjeremy_thumbNo doubt about it now, the Wii’s appeal is beginning to wane. Reporting first-half earnings this morning, Nintendo said it sold just 5.75 million of its flagship gaming consoles, a massive decline from the 10 million sold during the same period last year. As a result, Nintendo’s operating profit fell 52 percent to 64 billion yen, missing the company’s own forecast of 100 billion yen, as well as estimates of analysts, who were expecting 90 billion.

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Sprint: Even Fewer Dropped Calls, Callers

ackroyd_juliachild_pre Good thing Sprint expects to lose fewer customers this quarter than in previous quarters. Because if the company continues to lose them at its former rate–well, things are going to get even uglier. Reporting a wider third-quarter loss than expected this morning, Sprint said it lost 545,000 wireless customers and 801,000 more in the crucial postpaid category.

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Motorola, Profit No Longer Mutually Exclusive

motorocketthumbMotorola’s ambitious turnaround strategy is beginning to pay off. Posting earnings this morning, the company said it managed a surprise profit in the third quarter, despite a decline in revenue. For the period, the troubled handset maker reported a profit of $12 million, or a penny a share, compared with a year-earlier loss of $397 million, or 18 cents a share. Sales fell 28 percent to $5.45 billion from $7.48 billion. Not the prettiest of quarters, but that penny-a-share profit beat the consensus estimates of analysts, who had expected the company to simply break even.

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Wednesday, October 28, 2009

So Much for SAP’s “Teutonic Solidity”

sap“We always said 2009 would be a tough year.” SAP CEO Léo Apotheker made that remark during the company’s third-quarter earnings call today and, sadly, SAP’s worse-than-expected performance and reduced forecast for the year would seem to bear him out.

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Destroy the iPhone? I’m Sorry, Motorola, I’m Afraid I Can’t Do That.

vertical1Verizon uncrated its latest iPhone challenger Wednesday morning, introducing the new $199 Motorola Droid, and it already has analysts buzzing about the life it may breathe back into Motorola, whose share of the phone market dropped by nearly half in the second quarter from 10 percent a year earlier.

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Yahoo CEO: R-e-s-p-e-c-t, Find Out What It Means to Me

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Tuesday, October 27, 2009

Two in a Row for IAC

303240480_jdzBC-ThBarry Diller’s IAC/InterActiveCorp racked up its second profitable quarter in a row Tuesday despite a decline in advertising. The company–which runs Ask.com and the Citysearch online city guide, among other things–posted earnings of $21.3 million, or 16 cents a share, compared with a year-earlier loss of $15.2 million, or 11 cents a share.

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Friday, October 23, 2009

Spare Change for Amazon Shares?

amzn$118.49. That’s the price at which Amazon shares closed Friday, a day after the company reported a 69 percent jump in third-quarter profit and a 28 percent gain in revenue. It was a new 52-week high and the stock’s best since December 1999, when it hit $106.68. Which is saying something. Because as you might recall, in 1999, Nasdaq was soaring on the back of the dot-com bubble to levels never before seen.

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Did Nokia Sue Apple Before Apple Could Sue Nokia?

nokia_ApplethumbAnalysts mulling over Nokia’s IP infringment suit against Apple seem to be of two minds about how the action will play out. Some see it as a move to cash in on Apple’s iPhone success. Others view it as a preemptory move against a possible infringement suit from Apple aimed at Nokia’s own multitouch handsets.

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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