The Week Ending Feb. 2
Topping this week's roundup of those having a rough week is Apple, which is reported to be under investigation by two U.S. federal agencies over its controversial move to throttle the performance of older iPhones to extend battery life.
Also making the list this week are VMware and its shareholders after the company lost about $10 billion in market value over reports of a possible reverse merger with Dell; Intel partners who are dealing with a shortage of Broadwell Xeon processors; Huawei for its reported loss of a smartphone distribution deal with Verizon that the Chinese company was counting on for U.S. expansion; and Cisco for having to scramble to fix a vulnerability that exposed a number of its security and networking products.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves – or just had good luck – check out this week's Five Companies That Came To Win roundup.