News


  • Avaya Sales Down 26.8 Percent

    Networking hardware vendor AvayaThursday reported revenue from ongoing operations of $1.31 billion for the quarter ended Dec. 31, a decrease of 26.8 percent compared with revenue of $1.79 billion in the year-ago quarter.

  • Nortel CEO 'Sorry' For 2001 Events

    Nortel is happy to close the books on 2001 and looks forward to a gradual return to profitability this year, said Frank Dunn, president and CEO of the company.

  • Ingram Micro Gathers Government, Education Solution Providers

    Ingram Micro's government teams are preparing for a convergence of a whole different sort. Hundreds of government and education solution providers are expected to converge on Anaheim, Calif., for the distributor's Partnership America conference next week.

  • Microsoft Posts Smaller 2Q Earnings, Sales Rise 18 Percent

    Microsoft Corp. Thursday posted a smaller quarterly profit -- the result of legal expenses and a delay in the sale of its stake in online travel firm Expedia Inc. -- and met the low end of its own guidance as the software giant saw strong sales of its new Windows XP operating system and enterprise software.

  • On The Money Trail

    Hewlett-Packard and Compaq Computer are planning to dole out about $634.5 million in bonuses to prevent key employees from leaving if shareholders approve the companies' planned merger.

  • Microsoft Posts Smaller Quarterly Net, Sales Rise 18 Percent

    Microsoft on Thursday posted a smaller quarterly profit--the result of legal expenses and a delay in the sale of its stake in online travel firm Expedia--and met the low end of its own guidance as the software giant saw strong sales of its new Windows XP operating system and enterprise software.

  • IBM 4Q Earnings Fall On Low Tech Spending

    IBM on Thursday said fourth-quarter earnings fell from a year ago, the second quarterly decline in a row, as customers concerned about an economic downturn held back on buying new technology.

  • IBM 4Q Earnings Fall On Low Tech Spending

    IBM on Thursday said fourth-quarter earnings fell from a year ago, the second quarterly decline in a row, as customers concerned about an economic downturn held back on buying new technology.

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