Sun is trying to restart talks with IBM, but is being met with a cold shoulder. [/caption] The on-again, off-again soap opera romance between Sun Microsystems and IBM is back on -- but apparently one-sided, because IBM is reportedly not interested. Negotiations for IBM (NYSE: IBM) to purchase Sun (NASDAQ: JAVA) for $7 billion seemed all but settled last week until they collapsed at the 11th hour. Since then, both companies have gone…
Читать дальше Sun Tries to Win Back IBM, to No Avail

The world's largest mobile phone maker isn't recession-proof, as sales -- and demand -- takes a nose-dive. Earnings for the world's largest cell phone maker plummeted to €122 million -- down from €1.2 billion a year earlier -- on a decrease in revenue that saw Nokia's (NYSE: NOK) sales drop from €12.6 billion to €9.2 billion compared to a year ago. On a per-share basis, Nokia reported a €0.03 profit, down sharply…
Читать дальше Nokia Earnings Plummet 90% as Demand Sours

Chip giant says the bottom has been reached on declining sales, but they aren't ready to bounce up yet. The tech industry had been looking to Intel, the world's largest chipmaker, for a sign that the worst of the downturn may be past. They aren't likely to be disappointed. Intel (NASDAQ: INTC) today reported first quarter net income of $647 million and earnings per share (EPS) of 11 cents on revenue of…
Читать дальше Intel Indicates the Worst Is Over - Maybe

Revenues inch upward as Otellini declares the sales plunge has finally bottomed out. Tech industry insiders had been looking to Intel, the world's largest chipmaker, for a sign that the worst of the downturn may be past. They aren't likely to be disappointed. Intel (NASDAQ: INTC) today reported first quarter net income of $647 million and earnings per share (EPS) of 11 cents on revenue of $7.1 billion. That revenue was slightly…
Читать дальше Intel Beats Expectations, Barely