Recently Dell(NASDAQ: DELL) announced its second quarter profit fell 18% to just over $730 million and revenue fell 7.5%. The company cited declining sales in its consumer division. Its earnings per share forecast was lowered to $1.70 from over $2.13 earlier in the year. Dell, once the top selling personal computer manufacturer, has steadily been losing market share and sales, as consumers are switching to newer more »
Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) released it's second quarter report this August and Berkshire Hathaway has sold on many of it's massive holdings, while buying new positions in other sectors like energy and banking.
Buffett and his team of stock pickers sold nearly two thirds of their shares in Johnson and Johnson (NYSE: JNJ), one of Buffett's long time holdings, leaving just over 700 million more »
This past Thursday, July 19th 2012 Microsoft (NASDAQ: MSFT) reported its first loss in over 26 years as a public company. Revenue for the software giant rose 4 percent to over 18 billion dollars and earnings per share were up to over 73 cents a share (versus 69 cents a share in Summer 2011). When reporting the loss, Microsoft cited it's 6 billion dollar purchase of aQuantive in 2007 more »
Nintendo (NASDAQOTH: NTDOY.PK) of Japan has announced that they will be releasing a new DS console, the Nintendo 3DS XL, an extra large version of the 3DS (90% larger). The new console will be released in North America Aug. 19. The original 3DS was lacking in sales early on and Nintendo was forced to cut the price from $249.99 to $169.99. The company's president, Satoru Iwata more »
On May 3rd Samsung (LON: BC94) unveiled the much hyped Samsung Galaxy S3, the successor to the popular Galaxy S2 smartphone that shattered Android and Samsung sales records selling 20 million units by February, 2012. The smartphone is on sale May 29th.
The new Galaxy S3 features a new, brighter 4.7 inch display, and a super fast 1.5 GHz chip, quad more »
This Sunday, May 6th, Francois Hollande, the leader of the French Socialist Party won the French election with 51.63% of the vote (with 90% of ballots counted, as of Sunday night). This election was the first win for the Socialist party in over 20 years and is inflicting fear around the world with his stance against Germany's austerity measures. "Austerity can no longer be the only option,” said more »
Above: RIM CEO Thornsten Heins with the developer model of BlackBerry 10, the Alpha Dev on May 1st 2012.
Research in Motion (NASDAQ: BBRY) unveiled it's first BlackBerry 10 "developer-tool". The Dev Alpha, as it is known, is a 4.2 inch touch screen device with a high resolution screen (1280x768) that is, according to Heins, only the developer model. Heins demonstrated the software at BlackBerry World in Florida more »
In times of financial uncertainty, it's best to look for safe, proven companies. Companies like the Canadian Big Five Banks. Collectively, Canada has the soundest banks in the world and have higher market implied ratings than any other country according to a recent Moody's report. Moody's recommends the banks to it's customers and has given all of the big five a credit rating of AA or more »
At the 2011 Electronic Entertainment Exposition much of the hype was over Nintendo's Wii U, the high powered new gaming console from the declining Nintendo (NASDAQOTH: NTDOY.PK), maker of the Nintendo DS, Wii, 3DS and others. Like RIM, the company produced breakthrough products a few years ago but can't seem to keep up with competitors Microsoft (NASDAQ: MSFT), and Sony(NYSE: SNE), let alone the rising more »
3D printing is a hot topic for tech mags and stock pickers, and everything from the Jay Leno Show to dental journals can't get enough of the "device of the future". But what exactly does it do? A 3D printer is a machine that can create physical objects from computer files. While you might not have heard about them, 3D printers more »
At the consumer elctronics show 2012 all the PC buzz was around Intel(NASDAQ: INTC)'s Ultrabook: the sleek, fast, graphically stunning and slim laptop that is meant to rival Apple(NASDAQ: AAPL)'s Macbook Air and tablets that have been eating up market share from traditional Windows laptops (a market that Intel has nearly a 90% market stranglehold on and almost all of the more »
Wednesday, March 7th 2012, Apple(NASDAQ: AAPL) released the much-hyped iPad 3, that in most respects, failed to surprise. Much like the iPhone 4S the name was a disappointment (the new iPad "3" is officially just called the iPad). As Computerworld noted "The new iPad will simply be called ‘[the new] iPad'...maybe because there really isn’t that much new to it."
While the iPad "3" disappointed design wise more »
Early March, Intel(NASDAQ: INTC) finally officially released plans and information about their latest chip, the Intel Xeon E5-2600, a chip that has smashed through previous chip records like a bullet through glass. The chips are hailed as the main power plant for the cloud and the new E5 chips increase power by a third (versus last generation of Xeon chips). The L3 cache goes from 12 to 20MB and more »
Microsoft (NASDAQ: MSFT) released the consumer preview of Windows 8 on February 29th to make another "generational change" to the way Windows works. The last of these "generational changes” was in 1995 when Windows 95 was released. Windows 95 made computers easier to use by making a simple GUI that allowed users with little or even no computing knowledge to find their way around and do what they needed to more »
Research in Motion(NASDAQ: BBRY), the Waterloo, Ontario based tech firm famous for it's BlackBerry line of smart phones hasn't gotten a lot of slack lately from investors who bought the stock in the hundreds but now see it trading at less then fifteen dollars a share.
BlackBerry smart phones are being overtaken by cooler and more functional phones mainly from Apple(NASDAQ: AAPL) and Google(NASDAQ: GOOGmore »)
