A look at recent tech-industry earnings Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy: Developments in Oracle vs Google legal case Oracle Corp. had accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google's Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers. Europe weighs on NetApp's outlook, stock slumps SAN FRANCISCO (Reuters) - NetApp Inc on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty in Europe, sending the data storage equipment maker's shares down 18 percent in after-hours trade. The day before, Dell Inc posted disappointing quarterly results that heightened concerns about cautious IT spending, sending tech stocks sharply lower. "The EMEA (Europe, Middle East, Africa) story is one of uncertainty. We could be seeing a rebound or we could be seeing a strong degradation from there," CEO Tom Georgens said in a telephone interview. ... HP to cut 27,000 jobs to save up to $3.5B annually
Hewlett-Packard Co. plans to cut 27,000 jobs as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
Watch: TechBytes: WiFi, File Sharing Five cable operators will team up to give customers more access to WiFi.
  Google Graph Makes Search Smarter Google's new Knowledge Graph is a new search tool that will begin rolling out starting today, and it it's meant to help you find search results faster. When you search now for popular or well-known people, places and things you'll get a box to the left of the results explaining more about that term.
 
|