Are PCs Going Extinct?

PC makers better learn to start thinking outside of the box. Computer sales continue to slip, especially closer to home, as companies cautiously watch their spending and consumers flock to “good enough” tablets and smartphones for their basic computing needs. That isn’t just an opinion. Studies back it up, and the earnings reports out of… Continue reading Are PCs Going Extinct?

Why Hewlett-Packard Will Never Be Great Again

It was two years ago this week that Hewlett-Packard’s (HPQ) world was turned upside-down. Then-CEO Mark Hurd — who had excelled at improving margins at the PC maker through shrewd cost-cutting and focusing on higher-margin businesses — was unceremoniously dismissed after filing bogus expense reports. Things got ugly quickly after Hurd was gone. An inept… Continue reading Why Hewlett-Packard Will Never Be Great Again

The 10 Weirdest Things J.C. Penney’s CEO Told Wall Street Last Week

By Jim Edwards J.C. Penney just had one of its worst quarters ever: Sales declined 23 percent to $3 billion, same-store sales fell 22 percent, and internet sales sank 33 percent to $220 million. It’s all the fault of CEO Ron Johnson, who embarked on a disastrous relaunch of the company in January which confused… Continue reading The 10 Weirdest Things J.C. Penney’s CEO Told Wall Street Last Week

J.C. Penney’s Latest Leap: Retailer to Ditch Cash Registers, Cashiers

Cash registers could join the ranks of pay phones and typewriters sooner than you think. J.C. Penney (JCP) will say farewell to cash registers, checkout counters and cashiers by 2014, said Ron Johnson, the chain’s CEO, during the Fortune Brainstorm Tech conference, reports Time. Penney’s plan evokes Apple’s (AAPL) mostly cash-register free stores — and… Continue reading J.C. Penney’s Latest Leap: Retailer to Ditch Cash Registers, Cashiers

A Big Week for Earnings: Apple, Facebook, Netflix, Starbucks (and some Rookies)

There’s never a dull moment on Wall Street. Let’s go over some of the items that will help shape the week that lies ahead. 1. Apple Polishing: It’s amazing what being a consumer electronics tastemaker can do for your valuation. A dozen years ago, Apple (AAPL) was a company making cool computers owned by a… Continue reading A Big Week for Earnings: Apple, Facebook, Netflix, Starbucks (and some Rookies)

What We Know About the iPhone 5

By Chris Ciaccia Apple (AAPL) reported disappointing third-quarter earnings Tuesday, but investor attention is shifting to the company’s most important product, the iPhone 5. Apple sold 35.1 million and 26 million smartphones, respectively, in its recent fiscal second and third-quarters, and many are predicting this release will be the biggest product launch Apple has ever… Continue reading What We Know About the iPhone 5

News Corp. Goes to School: Media Giant Sets Sights on Education Biz

Parents of America, are you ready for your children’s education to be fair and balanced? News Corp. (NWS) announced Monday that it will collaborate with AT&T (T) to bring digital education services and products to U.S. schools. News Corp.? Yes, News Corp. At first blush, it may seem the company has no business in the… Continue reading News Corp. Goes to School: Media Giant Sets Sights on Education Biz

Apple vs. Samsung: Tech Titans Face Off in U.S. Court Over iPhone, iPad

Prev1 of 2Next By PAUL ELIAS SAN FRANCISCO — Two tech titans will square off in federal court Monday in a closely watched trial over control of the U.S. smartphone and computer tablet markets. Apple (AAPL) filed a lawsuit against Samsung Electronics last year alleging the world’s largest technology company’s smartphones and computer tablets are… Continue reading Apple vs. Samsung: Tech Titans Face Off in U.S. Court Over iPhone, iPad