After a long wait, Adobe Systems Incorporated (NASDAQ:ADBE), the leading maker of creative applications with annual revenue of $3.58 billion, is releasing the Adobe Flash for mobile phones in October of this year. While the new Palm webOS, Symbian S60, Android, and Windows Mobile operating systems should benefit from this popular application becoming available on
Yesterday, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported better-than-expected second quarter results, raising hopes that the PC industry is on its way to recovery. It also provided a forecast that topped estimates. Let’s take a closer look.
Yesterday in its fourth quarter results, 3Com (NASDAQ:COMS), a top networking player, reported that it swung to profit and beat estimates, but with the continued decline in sales to its former partner Huawei, the company’s first quarter forecast missed estimates. Let’s take a closer look.
LeapFrog (NASDAQ:LF) continued to struggle with the recessionary pressures. The recently announced Q1 performance resulted in a loss while revenues nearly halved over the year. The worldwide edutainment market is still growing rapidly — according to InStat, it was $2.1 billion in 2006 and is expected to be $7.3 billion in 2011 — but as
According to a recent Gartner release, worldwide mobile phone sales declined 8.6% while smartphones grew 12.7% in the first quarter. Motorola (NYSE:MOT) continued to lose market share but managed to move up to the No.4 position, mainly because Sony Ericsson lost market share. Motorola hopes to revive its product line with Android phones in the
Accenture (NASDAQ:ACN) turned in another subdued performance in the recently announced Q3 results. Even though their results were better than the Street’s expectations, both revenues and margins fell over the year.
With telecom operators slowing purchases, depleting inventories and reducing IT spending, optical component providers JDS Uniphase (NASDAQ:JDSU) and Finisar (NASDAQ:FNSR) are having a tough time. Let’s take a closer look.
Last week, the leading payroll processing company, Paychex (NASDAQ:PAYX) reported fourth quarter and fiscal year 2009 results that missed analyst estimates as the weak economy and rising unemployment — according to the most recent report from the Bureau of Labor Statistics, new unemployment claims were higher than expected — finally take a toll. Let’s take a