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.
Bears lament the Internet retailer's razor-thin margins. But the stock lets investors sleep at night.
By Rocco Pendola
On Wednesday night at 9 p.m., I ordered a Samsung television set from Amazon.com (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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