Arik Hesseldahl in Enterprise on April 14, 2011 at 5:45 am PT
The personal computer market is shrinking. Shrinking! Is Apple’s iPad to blame? Of course it is.
John Paczkowski in News on May 17, 2010 at 6:45 am PT
Hard to believe: A year ago, Sirius XM Radio shares were trading at around 35 cents and the company was on its way to being slapped with a Nasdaq minimum-bid notice. Today, Sirius shares are trading at $1.15, up nearly 7.5 percent on news of an improved full-year outlook.
John Paczkowski in News on May 4, 2010 at 5:01 am PT
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings this morning, the company reported a profit of $41.6 million, or one cent a share, compared with a year-earlier loss of $52.6 million, or seven cents a share.
John Paczkowski in News on December 17, 2009 at 12:14 pm PT
After spending most of the past year buried deep in the mud, the chip industry has almost managed to pull itself out with the help of a boost in consumer spending. According to the latest metrics from Gartner, semiconductor industry revenue will end the year down 11.4 percent from 2008. A nasty drop, but nowhere nearly as gruesome as the the 24 percent drop the research outfit predicted at the beginning of the year.
John Paczkowski in News on October 21, 2009 at 1:56 pm PT
Though eBay reported a 29 percent drop in profit for its third quarter Wednesday, the company did deliver revenue that was reasonably higher than Wall Street’s expectations. Not that it mattered much. Investors took eBay out to the woodshed anyway, beating its shares down seven percent in after-hours trading.
Peter Kafka in Media on October 7, 2009 at 10:55 am PT
Google CEO Eric Schmidt used the opening moments of a New York City press conference to reinforce a message he’s been delivering for several weeks: The worst is over, things are looking up, and Google is spending accordingly.
John Paczkowski in News on August 6, 2009 at 1:01 pm PT
The ax is swinging at Rhapsody America. The subscription music service, a joint venture between RealNetworks and Viacom subsidiary MTV Networks, is sacking nine percent of its employees, mostly in editorial.
John Paczkowski in News on August 6, 2009 at 1:01 pm PT
The ax is swinging at Rhapsody America. The subscription music service, a joint venture between RealNetworks and Viacom subsidiary MTV Networks, is sacking nine percent of its employees, mostly in editorial.
John Paczkowski in News on June 23, 2009 at 12:04 pm PT
Is Google’s Android OS a panacea for the decrepitude and irrelevance that are now the hallmark of Motorola’s handset division? The company is betting that it is. “People familiar with the matter” tell The Wall Street Journal that Verizon and T-Mobile USA both plan to offer Motorola handsets running the OS by the end of the year.
