Tag Archives: lead tech

Yahoo Posts Slim Q1 Beat, Alibaba Sales Growth Uptick

Yahoo late Tuesday reported its first Q1 growth in a key sales metric in years as well as bigger sales growth at Alibaba, sending Yahoo shares higher after-hours. Yahoo (YHOO) said Q4 sales at Alibaba rose 66% year over year, beating the two previous quarters and reversing two straight quarters of declining growth. Yahoo holds a 24% stake in the Chinese e-commerce giant and reports its results one quarter in arrears. Alibaba is expected to soon

EMC Rocketed To Data Storage Lead With Symmetrix

It seems natural that EMC co-founder Richard Egan would shoot for the stars, given his involvement in the Apollo space program, where he first became an expert in computer memory. Egan and a college roommate, Roger Marino, founded EMC (EMC) in 1979. Early on, they sold office furniture to raise cash for their real goal: selling memory boards that plugged into minicomputers built by Prime Computer, IBM and others. EMC went public in 1986. That year

Intel Q1 Shows PC Sales Stabilizing, Data Center Strong

Intel, the No. 1 computer chipmaker, late Tuesday posted first-quarter earnings per share that came in a penny above Wall Street views on roughly in line sales. Intel (INTC) stock was up 1% in after-hours trading on the report, after rising less than 1% in the regular session, to 26.77. Intel stock touched a 22-month high of 27.12 in January. The Santa Clara, Calif.-based company earned 38 cents a share, down 5% from the year-earlier quarter, on