John Paczkowski

Recent Posts by John Paczkowski

Sun Boosts Oracle Profits

mcnealy-ellisonthumbOracle’s fourth quarter was a strong one, thanks to increasing software sales and new revenue from the acquisition of Sun Microsystems. Posting financials after the bell Thursday, Oracle (ORCL) reported earnings of 60 cents per share and $9.6 billion in revenue, beating the consensus estimate, which called for 54 cents per share and $9.5 billion in revenue. Sun contributed more than $400 million in operating profit during the quarter, and, according to President Safra Catz, should “meet or exceed” the company’s goals for fiscal 2011 and 2012. Said Catz, “This compares with a loss in Sun’s quarter ending June of last year, when Sun was an independent company. Now that Sun is profitable, we have increased confidence that we will meet or exceed our goal of Sun contributing $1.5 billion to non-GAAP operating income in FY2011, and $2.0 billion in FY2012.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work