Tag Archives: lead tech

IBM Struggles With Technology Shifts, Q1 Sales Miss

A sharp drop in hardware sales and in emerging markets continue to hurt IBM, which again reported quarterly revenue that missed Wall Street expectations. IBM (IBM) late Wednesday posted Q1 revenue of $22.5 billion, down 4% from the year-earlier period and the eighth quarter in a row of year-over-year declines. Sales missed analyst consensus estimates of $22.9 billion, as polled by Thomson Reuters. Big Blue has missed revenue expectations in each

EBay Kept Expanding After First-Mover Auction Lead

More than 11 years have passed since author Adam Cohen published his insider’s chronicle of eBay, called “The Perfect Store.” EBay (EBAY) earned that lofty title because it offered a way for folks to buy and sell items via an easy-to-use online auction system. Its auction website could be tapped to sell everything from bric-a-brac and old records to Cadillacs and $40,000 computer servers. Founded in 1995, at the dawn of the dot-com era, eBay

T-Mobile Seen Tops In Q1 Postpaid; AT&T EPS Upside?

As wireless carriers prepare to post Q1 earnings, T-Mobile US is forecast to add the most postpaid subscribers, with AT&T expected to get an EPS boost from customers shifting to installment-based payment plans for new phones. Verizon Communications (VZ) will report results for the first time since acquiring full ownership of Verizon Wireless. Its purchase of Vodafone’s (VOD) 45% stake, for $130 billion, closed in February. Verizon had consolidated