According to MasterCard Advisors’ SpendingPulse, online spending grew 18% over the year in March, outpacing the growth rate of traditional brick-and-mortar stores. Online retailers Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) also saw significant growth in their revenues. Amazon’s stock touched a record high, and recent quarter results surpassed market expectations, recording double-digit revenue and earnings growth. But the company
Last week, SAP (NYSE:SAP) announced its plans to buy TechniData, a German company that provides software to help businesses comply with environmental, health, and safety regulations. And this week, it announced strong first quarter results. Let’s take a closer look.
Earlier in the year, Juniper (NASDAQ:JNPR) and Polycom (NASDAQ:PLCM) formed an alliance to offer videoconferencing systems and associated network infrastructure. Juniper recently announced its plans to buy Ankeena, a media content delivery company, for less than $100 million. Both these moves indicate that Juniper is contemplating how to develop a third front against Cisco. HP’s
Yahoo! (NASDAQ:YHOO) turned fifteen this quarter, and I doubt it is happy with where it is currently. Carol Bartz still seems to be struggling with figuring out what needs to be done and is busy reshuffling management. The company did sell off a few non-profitable ventures, but I would have preferred that it had taken
Chipmakers Qualcomm (NASDAQ:QCOM) and STMicroelectronics (NYSE:STM) recently reported their quarterly results. Both companies swung to a profit, but Qualcomm provided a weak outlook that sent its shares plummeting. Let’s take a closer look.
A recent Gartner report estimates worldwide PC sales to grow 12% over the year to $245 billion. Microsoft (NASDAQ:MSFT) will be pleased with those numbers, but that does not change the fact that the company is facing stiff competition from Apple. Apple is slowly gaining PC market share: for the March-ending quarter it claimed 8%
According to recent Forrester research, technology spending in the United States is expected to grow 8.4% in 2010 and global market IT spending is projected to rise 7.7%. But, while IT spending may be better, the $60 billion Indian IT industry has a tough challenge in maintaining margins. The sector earns the majority of its
Apple (NASDAQ:AAPL) reported another strong quarter this week driven by a whopping 131% increase in iPhone shipments and a 33% increase in Mac sales. Apple started shipping its latest innovation, the iPad, on April 3 after the close of its first quarter and is already expected to have sold more than 500,000 units of the