7 posts and columns on tech industry

Intel Blows Doors Off Estimates

in News on July 14, 2009 at 1:33 pm PT

If Intel’s latest earnings are truly an indication of how the tech industry is holding up in the econalypse, then the tech industry isn’t doing too badly (though, obviously, it has seen better days). After market close Tuesday, the chip behemoth posted second-quarter results far in excess of expectations.
intc

Intel Blows Doors Off Estimates

in News on July 14, 2009 at 1:33 pm PT

If Intel’s latest earnings are truly an indication of how the tech industry is holding up in the econalypse, then the tech industry isn’t doing too badly (though, obviously, it has seen better days). After market close Tuesday, the chip behemoth posted second-quarter results far in excess of expectations.
intc

Voices

As Tech Job Cuts Mount, Layoff Rumors Pervade The Valley

in News on November 25, 2008 at 6:32 am PT

When the Internet and telecom bubble burst, Silicon Valley jobs evaporated: by 2005, California’s Santa Clara County–which includes San Jose, Palo Alto, Cupertino, Mountain View and other tech-focused towns–had given up more than 20 percent of its total job base, a loss of over 200,000 jobs. So how bad will it get this time around?

Xerox CEO: Get Me 3,000 Copies of This Pink Slip, Pronto

in News on October 24, 2008 at 11:26 am PT

The worsening econalypse is inspiring worker reductions and other cost-cutting moves across the tech industry. The latest company to take a hatchet to its operating costs: Xerox, which plans to sack five percent of its workforce, or about 3,000 jobs, in an effort to cope with an “unpredictable economy.”

Ballmer Finds Leak in Tech Industry Inner Tube

in News on September 30, 2008 at 3:27 pm PT

Oh, we’re in trouble now. Microsoft CEO Steve Ballmer seems to have lost his optimistic outlook on the current economic collapse. And when a guy with a pay package valued at about $1.35 million loses his faith in the tech industry’s “buoyancy,” as Ballmer likes to call it, well, you know things are getting really ugly.

Wall Street: Give Me Something to Stop the Bleeding

in News on September 30, 2008 at 7:20 am PT

Wall Street’s 777-point selloff on Monday–one of its worst days since 1929–hit many tech stocks harder even than the overall market on Monday. Said Ross Sandler, senior Internet analyst at RBC Capital Markets, “Tech took it on the chin disproportionately.” Indeed, it did. And a couple of other places as well, from the looks of things. A quick overview of the carnage.

Voices

Beware The Strengthening Dollar

in News on August 14, 2008 at 9:41 am PT

The steady crumbling of the value of the U.S. dollar over the last two years has given a big boost to reported earnings at many U.S. companies that sell goods overseas in local currencies but report in dollars.