A study by the Audit Bureau of Circulations showed that average daily circulation of newspapers in the country fell 5% over the year in the six months ending September, and Sunday circulation fell 4.5% in the period. Another reason to worry for the newspaper industry is Moody’s downgrading of the industry; Moody’s projects a 5%–6% decline in the
Chipmakers Texas Instruments (NYSE:TXN) and Atheros (NASDAQ:ATHR) in their recent earnings results reported some weakness in the semiconductor markets due to slowing consumer demand. Market research firm iSuppli has also trimmed its 2010 semiconductor revenue forecast to 32%, down from its previous outlook of 35.1%. Let’s take a closer look.
The online search market may be recording good growth, as was reported by Efficient Frontier’s estimates that Q3 paid search ad spending grew 19% over the year, making it the third consecutive quarter of double digit growth. But Yahoo! is still struggling to find the key to tapping this growth.
Last month, Nokia (NYSE:NOK) hired its new CEO, Stephen Elop. Former president of Microsoft’s Business Division, Elop is Nokia’s first non-Finnish and North American CEO. Last week Nokia, under the leadership of its new CEO, reported a higher than expected profit and announced plans to restructure its smartphone business by cutting 1,800 jobs. Let’s take
Earlier this year, IDC’s Worldwide Quarterly Server Virtualization Tracker reported that virtualized servers constitute 18.2% of all new servers shipped during Q4 of 2009, compared with 15.2% a year ago. Further, IDC expects the number of deployed virtual servers to outnumber physical servers for the first time ever in 2010. Riding high on this virtualization
IBM (NYSE:IBM) this week reported strong results that beat estimates, and it raised its full-year outlook. IBM continued its acquisition spree and in the recent quarter closed 11 acquisitions for a total of about $3 billion. IBM has said it will spend $20 billion on acquisitions through 2015. What should it acquire next? Let’s take
Apple reported record revenue and profit in its latest fourth quarter results. However, decline in its gross margin and its weaker-than-expected earnings forecast sent its shares sliding. But the highlight in its earnings is the company’s $51 billion cash balance. Let’s take a closer look.
Search engine marketing firm Efficient Frontier estimates that Q3 paid search ad spending grew 19% over the year, making this the third consecutive quarter of double-digit growth. While search remains Google’s (NASDAQ:GOOG) core business, the recent quarterly results shows that its non-search businesses are also doing well.