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
On June 6, Palm (NASDAQ:PALM) launched the Palm Pre, a great product that has brought the company back into the smartphone race. Yesterday, it reported fourth quarter results that beat analyst estimates. Palm also reported that the number of applications downloaded from the Palm App catalog has grown from 150,000 at launch to over 1
The recession doesn’t seem to be troubling Digital River, Inc. (NASDAQ:DRIV) too much as they continued to execute flawlessly. Q1 revenues of $102.9 million beat the projected $96-$100 million guidance, and slipped a minor 1% over the last year’s $103.6 million. EPS of $0.56 grew over last year’s $0.53 and exceeded the company’s projected EPS of
Nearly seven large US newspapers have filed for bankruptcy in the past five months, making it clear that the industry is finding it extremely difficult to sustain its business model or find a new one as the recession continues to eat away at its main revenue source, advertising. McClatchy (NASDAQ:MNI), the third-largest newspaper company in the US,