Posts Tagged ‘Stock Market’

Dell Gets Ace(r)d

The winds of change are picking up in the global PC market and the only one caught at the wrong end of the draft seems to be Dell Inc. After being displaced from its perch on the top in 2006 by HP, its now Acer’s turn to zip by and push them to third place in the global PC market as per two separate reports by Gartner and IDC.

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DOW and it’s Trip Up North

It took a little over an year for Dow to turn around and head back northwards. From the dog days of March, when no one thought that this would ever happen as quickly as it has, the Dow Jones Industrial Average crossed the five figure mark for the first time since October 3, 2008. At close of trading on Wednesday the Dow was sitting pretty at 10015.8, a gain of 144.80  or 1.47% a high for 2009. What many consider as a sign of better things to come. (more…)

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The Silver Lining in Intel’s Cloud

intel core i7 logo 246x300  The Silver Lining in Intel’s CloudIntel Corp has released its financial figures for the July-September quarter posting a 7.8 % decline in profits. Despite sales turning southwards the organization beat the Wall Street’s forecast. That is not the only upside here though, Paul Otellini, Intel CEO has said that its gross profit margins for the final quarter are expected to be 62 percent of revenue, with a possible variation of about three percent in either direction. That translates to sales figures in the range of $9.7 billion to $10.5 billion.

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