Advanced Micro Devices has reported a profit for the fourth quarter, thanks largely to the sale of its chips in the latest game consoles from Microsoft and Sony.
Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income.
Verizon Communications posted revenue of US$31.1 billion for the fourth quarter of 2013, a 3.4 percent increase from a year earlier, with the gains driven again by mobile and broadband growth.
SAP plans to increase its total revenue to at least €22 billion (US$30 billion), with revenue from its cloud business expected to grow up to €3.5 billion by 2017.
Acer reported another net loss at NT$7.6 billion ($US251 million) for the fourth quarter, as senior executives at the struggling PC maker agreed to a 30 per cent cut to their salaries.
Intel reported a 6 percent rise in profit on Thursday and said there are signs the PC market is stabilizing.
Tata Consultancy Services reported strong growth in revenue and profit in the fourth quarter, taking advantage of an improvement in key markets for offshore services like the U.S. and Europe.
Contract chip maker Taiwan Semiconductor Manufacturing Co. said its net profit grew by close to 8 percent year-over-year in the fourth quarter.
After a year in which tech stocks boomed but overall IT spending barely eked out single-digit growth, market forecasters are adopting an air of cautious optimism for 2014.
SAP's business is gradually shifting to the SaaS (software as a service) model while sales of its Hana in-memory database platform continue to grow quickly, according to preliminary fourth-quarter and year-end results the company released Friday.
Indian outsourcer Infosys saw its profit rise in the fourth quarter as a result of cost cutting and productivity improvement measures, including doing more work offshore in India.
Samsung Electronics has given guidance that its operating profit in the fourth quarter of 2013 is likely to be down from the same quarter a year ago, although sales may have grown marginally.
Tech stocks rose this week on the back of solid economic news and some upbeat results from software vendors, including Red Hat and Oracle.
Oracle's second-quarter revenue rose 2 percent to US$9.3 billion while net income dropped 1 percent to $2.6 billion, with new software license and cloud subscription revenue flat and hardware product revenue continuing a long slide.
A pension investment group has sued IBM, claiming that the company failed to warn investors that sales in China would slow dramatically following revelations that IBM was helping the U.S. National Security Agency spy on the Chinese.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
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