Superior to other laptops and cheaper than the iPad, the device launched this week represents history in the making.
Just as Google (GOOG) was sending investors into paroxysms with the inadvertent release of its latest quarterly financial results on Oct. 18, the company was unveiling the latest Chromebook laptop computer, which will sell for $249. The device represents a technology broadside against chief rivals Microsoft (MSFT) and Apple (AAPL) and the rest of the PC industry. (Microsoft owns and publishes MSN Money.)
This is a very significant threat to Microsoft and Apple and is unwelcome news for Intel (INTC) and Advanced Micro Devices (AMD), the leading suppliers of the microprocessors and chip sets that run most personal computers.
Fortinet and Check Point Software slide on disappointing results, but the sector is in the midst of a boom.
Shares of the cybersecurity firms took a nosedive on Wednesday amid concerns about business spending. Investors, though, can now buy the shares more cheaply, given that the industry is in the midst of a growth phase, analysts say.
The software company puts the cost below what Apple charges for comparable versions of its iPad.
Microsoft (MSFT) has announced how much its Surface RT tablet will cost, and the pricing could prove that CEO Steve Ballmer was right when he said the device would be "competitive" with other tablets. (By which he meant Apple's (AAPL) iPad).
The website TechCrunch today featured a screen shot with pricing details for the ARM (ARMH) processor-based tablet. Microsoft also released pricing details today. (Microsoft publishes MSN Money.)
The 32 GB version will set you back $499. If you want one with the Touch Cover, which doubles as a keyboard, it's an additional $100. The largest Surface RT tablet (64 GB) will cost $699 with the cover. The 64 GB new iPad costs $699 as well.
A combination of Softbank and Sprint will have revenue equal to AT&T and behind only China Mobile and Verizon worldwide.
A year ago AT&T (T) was preparing an antitrust defense of its proposed takeover of T-Mobile USA. Now, after regulators blocked the deal, AT&T is bracing to protect its position in the U.S. wireless industry from new competition.
T-Mobile agreed this month to partner with MetroPCS (PCS) while Japan's Softbank on Sunday announced that it was investing billions for a controlling stake in Sprint Nextel (S), the U.S. mobile industry's No. 3 player.
Softbank's $8 billion infusion into Sprint revitalizes the U.S. company's finances. It also energizes Sprint's competitiveness as an alternative national carrier to industry stalwarts AT&T and Verizon Communications (VZ).
Lenovo has closed the gap and may be the largest computer manufacturer. A bigger issue is whether either company can come up with a product to revive flagging PC sales.
Lenovo shipped 13.7 million PCs during the quarter (up nearly 10% from a year ago) to nab a 15.7% market share, Gartner said, while HP shipped 13.6 million units for a 15.5% share.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
[BRIEFING.COM] The major averages spent the entire session in a steady downtrend, but despite persistent selling pressure, today's losses were limited in scope. The Dow, S&P 500, and Nasdaq shed between 0.2% and 0.3% while the Russell 2000 lagged, falling 0.9%.
The underperformance of the Russell 2000 was likely owed in part to tax-loss selling, which tends to pick up this time of year. Small-caps often feel that pinch in a stronger fashion than large-cap issues since individual ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|