Indian Outsourcers: Cognizant Leads The Brigade

The $60 billion Indian IT industry is optimistic about the economic recovery, and the players have not only improved on their quarterly performance, but are also raising their outlook for the coming quarters. Analysts suggest that the recession in the United States has bottomed out and recovery is expected in 2010, which should translate to an outsourcing market growth

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Nokia Vs. Apple

Last month, Nokia (NYSE:NOK), the world’s biggest mobile phone maker with annual revenue of €50.7 billion, reported a bleak third quarter as it swung to a loss for the first time in its history. And in a dramatic turn of events, it is suing Apple for infringing on its patents. Let’s take a closer look.

China Rising To The Solar Challenge

Earlier this year, the Obama government announced its federal-level energy policy to simulate demand for renewable energy. As a result, solar power is no longer the luxury it once was. In addition to federal programs, there are state incentives which together help reduce installation costs by 40% to 90%.

SAP Needs To Make Some Significant Moves

On October 28, (NYSE:SAP) SAP, the enterprise software leader with annual revenue of €11.57 billion ($16.3 billion), reported a mixed third quarter and disappointing outlook as it faced “a particularly challenging environment in the emerging markets and Japan.” Let’s take a closer look.

Newspaper Industry Continues Steady Implosion

According to a recent report published by the Audit Bureau of Circulations, weekday newspaper circulation fell 11% and Sunday circulation 8% over the year. The San Francisco Chronicle was the worst hit newspaper, with circulation falling 26%, followed by USA Today’s 17% drop. Many analysts believe that even though the economy is picking up, advertising

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Storage Market Shrinks After 21 Years

According to a report published earlier this year by IDC, the $2.8 billion storage market, which includes technologies such as device management, replication, data protection, backup, and archiving, shrunk 5.2% over the year after 21 consecutive years of growth. EMC remained the market leader with 22% market share followed by Symantec with 19% and NetApp

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Netflix Leads Video Market Forward

According to a recent market report, the U.S. DVD and video sales and rental market was valued at $7.6 billion in 2008, of which brick-and-mortar stores claimed 69% of the revenue share. Mail-order companies such as Blockbuster and Netflix together commanded 24% of the market, while kiosks had a mere 6% share and online streaming

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Amazon Amazes, EBay Not

While analysts are still debating whether the recession has eased its grip, Amazon (NASDAQ: AMZN) is one company that seems to be sure of the economy recovering. The stock recently hit an all-time high of $118.49, surpassing the $106 reached in December 1999. This is surely one player who knows its strategy well.