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EMC posted fourth-quarter financials today, reporting sales that were basically in line with projections and earnings that slipped 45 percent from a year ago. Though its profits sank, the company managed to hit all its financial marks for the fourth quarter–something it won’t be doing in the current one. Because the worldwide economic situation has grown so grim and uncertain, EMC has opted not to provide a first-quarter projection, let alone a full-year outlook. Why risk setting expectations too high, right?

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Well, no wonder Adobe won’t have an exhibition booth at Macworld Conference & Expo 2009–the company seems to be sacking employees who might have otherwise staffed it.… Citing the standard litany of economic tribulations, Adobe Wednesday reduced its fourth-quarter outlook and said it will cut 600 jobs around the world–about eight percent of its workforce.

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Research In Motion’s downside guidance for the third quarter is playing hell with the company’s share price today. After market close Tuesday, RIM said revenues for the three months ended November will fall short of its earlier forecast. The company blamed the news on product-launch timing, general economic conditions and foreign-exchange volatility, but could there be something else at work here a well? Like an uncompelling product line?

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Thank God for IBM. The technology bellwether gave battered investors a chance to catch their breath Thursday after it said it expects to report a 20 percent increase in net income for its third quarter and, remarkably, claimed its profit outlook for the full year remains on track.

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Google’s facing another billion dollar lawsuit–and, whaddaya know, it’s not from Viacom. It’s from LimitNone, a small software developer that claims Google’s Email Uploader tool copies the look, feel, functionality and distribution model of its gMove application.

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Looks like Samba is the first beneficiary of the European Commission’s antitrust sanctions against Microsoft. To comply with the terms established by the EC’s 2004 antitrust ruling, the software giant has signed an agreement with Samba that will give the company the protocol documentation its developers need to make its open-source software inter-operate with Windows.
“Today [...]

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