Fortinet and Check Point Software slide on disappointing results, but the sector is in the midst of a boom.

By TheStreet Staff Oct 18, 2012 1:52PM LoGoBusinessman working on computer © Janis Christie/Photographer's Choice RF/Getty ImagesBy James Rogers


It hasn't been the best week for the much-hyped security specialists  Fortinet (FTNT) and Check Point Software Technologies (CHKP).


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.

By TheStreet Staff Oct 16, 2012 2:20PM

Microsoft's Surface tablet on display © Damian Dovarganes/AP PhotoBy Chris Ciaccia logo


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.

By TheStreet Staff Oct 15, 2012 7:09PM logoMasayoshi Son, Softbank's chairman and chief executive, shakes hands with Dan Hesse of Sprint Nextel in Tokyo on Oct. 15 © Kiyoshi Ota/Bloomberg via Getty ImagesBy Antoine Gara


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.

By Oct 15, 2012 6:09PM
Lenovo computers being readies for shipment from a Beijing manufacturing plant © Nelson Ching/Bloomberg via Getty ImagesThe battle between Lenovo (LNVGY) and Hewlett-Packard (HPQ) for the title of the world’s No. 1 PC maker heated up after research firm Gartner said last week that Lenovo has overtaken HP by shipping more PCs in this year’s third quarter.
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. 

Bears lament the Internet retailer's razor-thin margins. But the stock lets investors sleep at night.

By TheStreet Staff Oct 12, 2012 6:24PM

By Rocco Pendola


On Wednesday night at 9 p.m., I ordered a Samsung television set from  (AMZN). 


The Amazon bots initially slated delivery for Saturday. However, just over four hours after placing the order, I received confirmation that my oder had been shipped and would arrive Friday.



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[BRIEFING.COM] Equity indices continue hovering near their flat lines with the Nasdaq (+0.2%) trading a bit ahead of the Dow Jones Industrial Average (-0.1%) and S&P 500 (+0.1%).

In addition to drawing strength from biotechnology, the tech-heavy Nasdaq has received noteworthy support from microchip manufacturers after SanDisk (SNDK 83.65, +7.80) and Taiwan Semiconductor (TSM 20.70, +0.55) reported strong quarterly results. The two hold respective gains of 10.4% and ... More


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