HP Succumbs, But Likely to Acquire

Hewlett Packard Co (NYSE:HPQ), the leader in the PC market with annual revenue of $118.4 billion, had been reporting strong quarters till now and had seemed to be recession-proof. Not any more. Yesterday, the company reported a mixed first quarter, missing revenue estimates but meeting earnings estimates. It experienced growth only in the Services segment,

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Semi Infrastructure: KLA, Novellus, Amkor

Let’s do a quick roundup of the semiconductor infrastructure sector. KLA-Tencor, (NASDAQ: KLAC) the world leader in yield management and process control solutions for semiconductor manufacturing and related industries, announced Q2 results on January 29. Though they managed to exceed the Street’s expectations on revenue, they fell short in their EPS figures.

Struggles at Seagate, SanDisk

Seagate and SanDisk, both storage solutions companies, are having a hard time in this economic environment. Both are leaders in their markets, but need massive restructurings to stay afloat. On January 21, Seagate Technology (NASDAQ: STX), the leader in hard disk drives and storage solutions with annual revenue of $12.7 billion, reported dismal results for

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ADP Reports Layoff Details

On February 4, Automatic Data Processing, Inc. (NASDAQ: ADP) reported in its latest ADP employment report a loss of 522,000 jobs in the private sector. Later, on February 6, the US Labor Department reported that nonfarm payrolls plunged 598,000 in January, the largest drop in 34 years. About 3.6 million US jobs have been lost since the

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Good News From Netflix

Netflix (NASDAQ: NFLX) does not seem to be affected by the recession, at least going by its Q4 results announced on January 26. The company’s stock rose 16% to $34.82 after the results announcement. It had crashed to a record low of $17.90 in October.

Amazon’s Impressive Trajectory

In a season where so many companies are reporting disappointing results, Amazon managed to surpass the Street’s expectations in their recently announced Q4 results. And this week, it has launched the new Kindle, part of an effort to scale the long-stalling e-Books reader market, after kicking it open during the holiday season in November 2007. I really

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NVIDIA Struggles Without Losing Focus on Innovation

Yesterday, NVIDIA, the leading graphics chip maker, reported its results for the fourth quarter 2009 and fiscal year 2009. As we saw with Intel and AMD last month, demand has been weak in the chip sector, and NVIDIA has been hit hard by it, with a wider-than-expected loss and a 60% slump in sales.

More SaaS: SuccessFactors Steady, Concur Cautious

Yesterday we saw how the SaaS sector is doing well, with RightNow achieving profitability and Omniture going strong. Today, we’ll analyze the results of SuccessFactors and Concur.