See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

The tech sector clings to modest gains, getting a lift from shares of Apple and semiconductor makers.

See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

Bigger really is better sometimes.

Gold’s Record Run Continues; Barrick Cashes In; Fed Beige Book: U.S. Economy Improving; Break Up BofA?; SEC Expanding Insider Trading Probes; RBS Says Key Employees Could Jump Ship; Dell CFO Optimistic on Holiday; Google Enables Limit on Paid News Views Gold futures yesterday (Wednesday) closed at a record high for the 19th time ...

As per recent data published by Interactive Data Corp. (IDC), third quarter server sales show a steep decline. The company also stated that the market has stabilized and is in a revival phase. For the 2009 July-September quarter, factory revenue of the worldwide server market declined 17.3% to $10.4 billion. Among the major server manufacturers, IBM [...]

($IBM) Interactive Data Corporation Reports Server Sales Declining

As per recent data published by Interactive Data Corp. (IDC), third quarter server sales show a steep decline. The company also stated that the market has stabilized and is in a revival phase. For the 2009 July-September quarter, factory revenue of the worldwide server market declined 17.3% to $10.4 billion.

Among the major server manufacturers, IBM (IBM) is the best performer for the quarter. The company increased its revenue market share to 31.8%, although sales declined by 12.9% to $3.3 billion. Hewlett-Packard (HPQ) was second despite the 16.8% revenue decline, increasing its market share marginally to 30.9%. Dell Inc. (DELL), with a market share of 13.5% secured the third position, although the company witnessed a revenue decline of 6.8%.

Sun Microsystems Inc (JAVA) occupies the fourth place but continues to struggle as a result of the prolonged delay in its takeover by Oracle Corporation (ORCL). As per the findings of the research firm, both IBM and DELL are slowly taking away marketshare from Sun.

The research firm expects total server revenue for the fourth quarter to decline by 12.0%. The projected decline in overall server revenue indicates might a negative quarter for IT majors like Dell and HP, who have launched new servers during the last quarter.
Read the full analyst report on "IDC"
Read the full analyst report on "IBM"
Read the full analyst report on "DELL"
Read the full analyst report on "HPQ"
Read the full analyst report on "JAVA"
Read the full analyst report on "ORCL"
Zacks Investment Research

Smartphones are going to put more processing power in the hands of more people than computers and game consoles put together. And it is going to happen very quickly indeed. A very high percentage of non smartphone owners in the west will upgrade with their next handset change, by which I mean within two years.[More...]

BloggingStocks: Stock markets go through many different cycles. In each one, there are one or two elements that make a successful investment. For example, interest rates are always a concern for financial institutions or companies that borrow a large amount of ... Read more

Schaeffer's analyst Morgan Searcy takes a look at news on the Street before the market open

Dell reported third-quarter profits on Thursday that were down 54 percent from this time last year, though the company said it was encouraged by a slight uptick in sales from the prior quarter.

Dell's net income for the three months to Oct. 30 was $337 million, or $0.17 per share, down from $727 million, or $0.37 a share, in the same quarter last year, the company said. Revenue declined 15 percent to $12.9 billion.

Acer overtook Dell as the world's second-largest computer vendor during the third quarter, as the PC market showed signs of coming back to life, IDC said on Wednesday.

Global PC shipments grew 2.3 percent from the same quarter a year earlier, to 78.1 million units. It was the first quarter this year in which PC shipments have grown, IDC said.