August 30, 2010
Novell misses Q3 revenue and profit targets
The Register
Timothy Prickett Morgan writes about Novell’s third quarter fiscal 2010 financial earnings results.
“In the (third) quarter (of fiscal 2010 ending July 31), revenues fell 7.9 per cent to $199M; net income fell a little less, down 5.9 per cent to $15.7M. In a call with Wall Street analysts, Novell’s chief financial officer Dana Russell said that the figures were below Novell’s expectations, and that it was the first time since the current management team took over five years ago that they had missed their numbers.”
Intel cuts outlook; Consumer PC demand weak
ZD Net
Larry Dignan shares Intel’s third quarter earnings forecast.
“Just weeks after an upbeat assessment about its prospects, chip giant Intel cut its revenue outlook for the third quarter based on weak demand for consumer PCs. The company said in a statement that third quarter revenue will be $11 billion, give or take $200 million. That’s down from a previous outlook of $11.2 billion and $12 billion.”
Viewsonic ViewPad is an OlivePad rebadge?
Engadget
Thomas Ricker shares details about ViewSonic’s upcoming tablet device.
“The seven-inch ViewSonic ViewPad tablet, expected to launch at the big IFA show with an Android OS and 3G and WiFi connectivity.”