Though U.S. political leaders managed to spark some good news for the economy Friday, technology stocks are down for the week, showing a continued lack of confidence in the sector.
Dell on Thursday reported a sharp drop in revenue and profits for the third quarter as the weak PC market continued to weigh on its results.
The U.S. and China are likely to resolve the conflict over potential security threats from Huawei Technologies' network equipment without a trade war, Cisco Systems chairman and CEO John Chambers said on Tuesday.
Cisco Systems posted higher revenue and profit in its fiscal first quarter despite weak orders in Europe, as results in the U.S. were strong, the networking company reported on Tuesday.
Lenovo's net profit for the fiscal second quarter increased by only 13 per cent year-over-year, marking a shift from the high profit growth the company has previously seen.
Alcatel-Lucent reported a third-quarter loss and declining gross margins, as its cost-cutting program failed to keep up with declining sales of its network equipment and related services.
Wipro said Friday its IT services business grew only 4.6 percent in U.S. dollar terms in the quarter ending Sept. 30, a much slower rate of growth reflecting a weak global economy.
Sony on Thursday cut its global sales targets for key products including its PlayStation handheld consoles and TVs, but held to its goal of returning to profitability this year.
Japan's Softbank, which announced a US$20 billion deal to acquire U.S. mobile operator Sprint Nextel earlier this month, said it booked a record operating profit in its fiscal first half.
Japan's Panasonic said Wednesday it will end its brief return to the European smartphone market, pulling out less than a year after launching its first handset outside of Japan since 2005.
Taiwanese PC maker Asus saw major growth in its tablet shipments in the third quarter with the launch of Google's Nexus 7, and projects the shipments will reach at least 10 million units next year.
China's largest search engine, Baidu, said on Tuesday its net profit for the third quarter increased by 59.8 percent year over year on continued growth from advertising customers and improvements made to draw revenue from its online ad services.
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market.
Amazon.com made a net loss in the third quarter, its first loss in nine years, even as revenue increased by 27 percent year on year.
Apple sold 27 million iPhones and 14 million iPads in the last quarter of 2012, swelling its revenue by 27 per cent, but its profits fell short of what analysts had been expecting.
Most Popular Reviews
- 1 Panasonic Ultra HD OLED TV Review
- 2 D-Link Omna 180 Cam HD DSH-C310 review
- 3 Oppo A77 smartphone: Full in-depth review
- 4 Huawei GR5 phone: Full, in-depth review
- 5 Ring Video Doorbell review
Join the newsletter!
- Seagate and Baidu sign strategic cooperation agreement for big data analysis
- Moto E4: Full, in-depth review
- Belkin introduces 3.5mm Audio + Charge Rockstar compatible with new iPhone range
- NETGEAR 4G LTE Modem Keeps You Online
- Microsoft 365 recasts Windows 10 S laptops as inexpensive corporate machines
PCW Evaluation Team
The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.
The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.
The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic
I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.
It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.
The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.
- Moto E4:
- LG G6 Plus: Full, in-depth review
- First Look: The Evil Within 2
- Which flagship TV is best? Sony 4K HDR Bravia 2016 versus LG 4K HDR OLED 2016
- 10 Blu-ray movies / Best looking Blu-ray movies
- FTSocial Media Executive / Specialist (Facebook) - Online PokerNSW
- FTLead Solution ArchitectOther
- CCDatabase Administrator - BrisbaneNSW
- CCDigital Project ManagerNSW
- CCSenior Agile Business AnalystVIC
- FTAPI Developer / Analyst ProgrammerOther
- FTJunior-Mid level .Net/Front-End DeveloperQLD
- FTRPA DeveloperOther
- FTMobile Applications DeveloperACT
- FTIT Service Management LeadQLD
- FTSenior Pega DeveloperOther
- CCProject SAP Asset CoordinatorNSW
- CCProgram / Project Support AnalystVIC
- FTNetwork Test ManagerVIC
- FTInfrastructure Project ManagerOther
- FTLead Business Analyst - Logistics and Supply ChainOther
- CCService Delivery AnalystVIC
- FTSystem EngineerOther
- FTData EngineerOther
- FTSecurity Consultant - Security SDMNSW
- TPInfrastructure Project ManagerQLD
- CCTest LeadNSW
- FTIT Sales ManagerVIC
- CCNetwork Data AdminVIC
- FTChange and Business Deployment Specialist - $800 per dayOther