HP posts $1.4B fiscal 4Q profit

Hewlett-Packard posted net income of $1.4 billion for its fiscal fourth-quarter, as cost cuts stemming from its ongoing restructuring more than offset the effects of sluggish computer demand.

Taiwan's Acer swings to loss in April-June quarter

Taiwan's leading personal computer maker Acer on Wednesday reported a net loss of $11.39 million in the April-June quarter mainly due to increasing expenses on investments and declining gross margins.

Taiwan's Acer swings to profit in Q1

Taiwan's leading personal computer maker Acer said Tuesday it swung to profit in the first quarter of 2013 thanks to income from foreign exchange and stock sales.

Blackstone drops out of race to buy Dell (Update)

Buyout specialist Blackstone Group LP is dropping its effort to acquire Dell as the computer maker faces slumping sales in personal computers and worsening financial projections.

Higher earners have easier time understanding pensions

People who have higher incomes devote more attention to understanding the pension rules. The information published by the public authorities is designed for too narrow a target group.

GDP predicts auto sales worldwide

Personal income, interest rates and the price of gas all influence auto sales, but a country's gross domestic product alone is a good indicator of new sales, says a researcher at the University of Michigan Transportation ...

Microsoft profit falls ahead of Windows 8 launch

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers—and as PC sales in general took a dive.

Dell profit slumps on 'challenging' PC market

Dell said Tuesday profits for the second quarter fell as the US tech firm faced a "challenging" PC market and pursued efforts to shift into areas such as software and cloud computing.

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