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Wednesday, October 24, 2012

Technology Report: Apple's stock chart loses some sheen before results

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10/24/2012
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Apple's stock chart loses some sheen before results
NEW YORK (Reuters) - Apple Inc seems to still be the drug of choice for consumers of all stripes looking for sleek gadgetry.
Symantec profit rises as new CEO conducts strategic review
BOSTON (Reuters) - Symantec Corp, the top maker of computer security software, reported a 6 percent jump in quarterly profit as its new chief executive conducted a strategic review of the company's operations after his predecessor's firing in July.
Zynga's revenue rises, beats Street; shares climb
SAN FRANCISCO (Reuters) - Zynga Inc raised the lower end of its 2012 earnings outlook on Wednesday as the company reported a slight uptick in revenue that beat the Street's rock-bottom expectations.
Dutch court says Samsung does not infringe Apple patent
AMSTERDAM (Reuters) - A Dutch court has ruled Samsung Electronics does not infringe an Apple Inc patent by using certain multi-touch techniques on some of the Samsung Galaxy smartphones and tablet computers.
iPad mini won't upset low-end market: analysts
(Reuters) - Apple Inc's "iPad mini" will attract new customers but the higher-than-expected price is unlikely to make it a threat to low-cost tablets such as Amazon.com Inc's Kindle, analysts said, in a muted reaction to the new tablet.
Facebook wins back friends on Wall Street, shares soar
(Reuters) - Facebook Inc's shares headed towards their biggest one-day jump on Wednesday after the company reported a surprising rise in mobile advertising, easing concerns it was having trouble capitalizing on soaring use of smartphones and tablets.
Apple unwraps mini-iPad to take on Amazon, Google
SAN JOSE (Reuters) - Apple Inc will begin to sell an 8-inch version of the iPad on Friday to compete with Amazon.com Inc's Kindle and other smaller tablets, but it set a higher-than-expected price tag of $329 that Wall Street fears could curb demand.
Chipmaker LSI's revenue forecast below estimates
SAN FRANCISCO (Reuters) - Chipmaker LSI forecast on Wednesday revenue below expectations as slow PC sales and a weak economy hurt demand for storage controllers.
Android to beat Windows in 2016: Gartner
(Reuters) - Google's Android operating system will be used on more computing devices than Microsoft's Windows within four years, data from research firm Gartner showed on Wednesday, underlining the massive shift in the technology sector.
EU warns Microsoft over new Windows 8 browser option
BRUSSELS (Reuters) - EU antitrust regulators have told Microsoft not to repeat the mistake of denying consumers a choice of rival Web browsers in its new Windows 8 operating system, in a dispute that has already cost the software giant more than a billion euros ($1.3 billion) in fines.
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