Jane Snorek News
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Microsoft Corp., the largest software maker, reported first-quarter sales that topped analysts’ predictions as companies invested in Office and server programs, outweighing poor consumer demand for computers.
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The iPad is wreaking havoc on the personal-computer market.
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Apple Inc. briefly overtook PetroChina Co. to become the second-biggest company in the world by market value, lifted by investors betting on growth prospects for the iPhone, Macintosh and iPad.
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Leo Apotheker stood before 4,000 Hewlett-Packard Co. colleagues Jan. 31, shielded from the afternoon Bangalore sun by a vast white tent.
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Hewlett-Packard Co. , the world’s largest personal-computer maker, raised its 2010 forecast for the third time since November after delivering results that beat analysts’ estimates on a revival in business spending.
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International Business Machines Corp. , the world’s largest computer-services provider, and Apple Inc., maker of the iPhone and iPad, reported earnings that beat analysts’ estimates, adding to evidence of a rebound in corporate spending on technology.
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Apple Inc. ’s 78 percent surge in profit, buoyed by holiday purchases of iPads, iPhones and Mac computers, helped allay concerns about the company’s prospects as Chief Executive Officer Steve Jobs takes medical leave.
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