Hewlett-Packard Co. Chief Executive Officer Meg Whitman is reorganizing the company’s struggling personal-computer business, replacing longtime head Todd Bradley with one of his deputies amid a global PC slump.
Apple Inc. may have sold more than 500,000 iPad 2 tablets as consumer demand left retailers bereft of the device on its debut weekend, even as rival computer makers ready more than 100 would-be competitors.
Apple Inc. fell in U.S. trading after profit missed analysts’ predictions for the first time in at least six years, evidence that customers delayed iPhone purchases before the release of the latest model.
Apple Inc. dipped below $400 for the first time since April as a glut of unsold iPhones prompted Jefferies & Co. to lower its target price, and Global Equities Research said low morale is causing employee departures.
Microsoft Corp., Intel Corp. and International Business Machines Corp. issued results yesterday that topped analysts’ estimates, showing that buoyant business demand is girding the largest technology companies against Europe’s debt crisis and a consumer-spending slump.
Apple Inc.’s iCloud service, part of its first product release since the Oct. 5 death of Steve Jobs, may cement the loyalty of millions of consumers lured by Jobs’s pioneering mobile devices over the past decade.