Finally, some good news… After market close Tuesday, IBM reported a fiscal fourth-quarter profit that rose 12 percent year over year and said it expects earnings for 2009 to surpass current estimates. IBM believes it will earn at least $9.20 a share in 2009, while analysts have been betting on $8.75.
The stock market’s performance this past year isn’t the only thing that’s charting historic lows. According to preliminary December metrics from Net Applications, the share of the browser market held by Microsoft’s Internet Explorer has slipped below 70 percent.
“We believe that the shipment crossover of desktop PCs to mobile PCs will now happen this year and not next year, as we originally anticipated.” Intel CEO Paul Otellini made that prediction this past April, and it would appear he’s been proven right.
Apple’s iPhone hasn’t supplanted Research In Motion’s BlackBerry as the gold standard of mobile business tools, but give it another year or so and it just might. According to new research from ChangeWave, the iPhone has steadily increased its market share, growing from just 11 percent in June to 23 percent. Meanwhile, the BlackBerry lost a point of market share, falling to 41 percent in the same period.
“We love everybody,” Salesforce.com CEO Mark Benioff said recently. “We even love Microsoft…. This is our core strategy, love.” Yes, the SAAS enterprise applications vendor loves everyone, but none more than Google.
Today brought with it nasty news for Motorola. Standard & Poor’s slashed its corporate credit rating on the long-suffering handset maker, noting that the company’s troubled mobile business is likely to continue what is already a two-year downward slide.
Earlier this afternoon, Peter Kafka reported in Media Memo that RealNetworks was “next up in today’s layoff parade.” Here’s the official internal memo from RealNetworks founder, chairman and CEO, Rob Glaser.
AT&T joined the sad conga line of companies laying off workers, announcing on Thursday the elimination of 12,000 jobs. That’s roughly four percent of its workforce. The company cited “economic pressures, a changing business mix and a more streamlined organizational structure” as the rationale for the move.
“Google abandoned [its deal with Yahoo] not because pressing ahead with it ‘risked’ a protracted legal battle, but because it guaranteed one.” I wrote that on Nov. 6, following the official dissolution of Google’s proposed advertising partnership with Yahoo. Turns out the guarantee to which I referred was an ironclad one. Sanford Litvack, the attorney who would have been lead counsel in the event of a government antitrust case against Google, tells American Lawyer Daily that the Department of Justice was literally hours away from suing the company when it bailed on the deal.
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 »
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.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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