New PCs, tablets and smartphones could be in stores by Thanksgiving.
Microsoft has shown different versions of Windows 8 for smartphones, tablets and PCs, which it will begin shipping around Oct. 26. Apple delivered the iPhone 5 along with new software for all of its hardware form factors. (Microsoft owns and publishes TechBiz, an MSN Money site.)
Revenue will be recognized over a longer period, the company says.
Adobe (ADBE) trailed Wall Street's revenue estimates in its third quarter as the company ramps up its subscription business.
The San Jose, Calif.-based firm reported revenue of $1.081 billion, below analysts' expectations of $1.10 billion and at the low end of its own guidance of $1.075 billion to $1.125 billion. Adobe took a $9 million hit from currency losses.
Its plan to get back into the smartphone market seems grossly premature, if not radically misguided.
F. Scott Fitzgerald once wrote that "there are no second acts in American lives." That is also true in the world of business and Wall Street, where companies rarely (if ever) are given second acts or "do-overs."
But this is what tech giant Hewlett-Packard (HPQ) is asking for, or thinks it deserves, as it is now reconsidering its position in the smartphone market.
Apple announced that iPhone 5 pre-order sales topped 2 million in the first 24 hours.
If there was any slight concern about Apple (AAPL) having trouble selling the iPhone 5, it was completely unfounded.
Early on Monday the company announced that iPhone 5 pre-orders topped 2 million in the first 24 hours that the phone was available. The tech giant said that demand exceeded the initial supply, and while the majority of pre-orders will arrive to customers on September 21, many are now scheduled for delivery in October.
Audience has learned the danger of one major client generating a large percentage of its revenue.
By Richard Saintvilus
Apple (AAPL) has now officially launched its iPhone 5, so what usually follows is speculation about its famed "halo effect."
You know, the process by which other companies with close ties to Apple often get a lift in their stock prices from built-up anticipation for increased demand of their own products. I've often called it "achievement by proxy." Nevertheless, a win is a win.
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[BRIEFING.COM] S&P futures vs fair value: -3.60. Nasdaq futures vs fair value: -5.30. U.S. equity futures hover near their lows after spending the past hour in a steady decline with comparable price action across European indices. The S&P 500 futures trade lower by 0.2% while markets in France, Germany, and the United Kingdom display losses close to 0.4% apiece.
The retreat in futures has coincided with a continuation of an overnight bid in the Treasury market. The benchmark ... More
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