When you are already the highest valued company in the world, and you want to continue your growth trajectory, what do you do? You move into new territories. That’s why Apple is… Read more »
At this year’s annual Cisco Live summit, John Chambers tried to draw attention to the difficulties of other entrenched IT giants — like IBM and HP — in an attempt to… Read more »
IBM posted disappointing news for financial analysts and shareholders last week, with a decline in revenue of 4% to $23.72 billion while profit rose 6% from a year earlier to $4.04 billion. This precipitated… Read more »
Meg Whitman’s turnaround has not been going well. In late August Whitman told analysts that she doesn’t expect the company to grow its revenues in the coming fiscal year, and she… Read more »
SugarCRM, the open source CRM company, announced 15 consecutive quarters of growth, and posting a 30% year-over-year increase in revenue. In related news, the company has announced the completion of a $40… Read more »
Cisco has announced plans to layoff about 5% of its workforce, following a conference call with analysts regarding the quarter that will end in October. While recent results showed sales up… Read more »