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Apple reports expected profits
- Bolstered by cost cutting and high sales of its newly introduced PowerPC 750 series, Apple Computer (AAPL) today posted its first quarterly profit in over a year. [News.com]
Apple revises Mac OS
- Apple Computer (AAPL) introduced a minor upgrade to the Macintosh operating system (Mac OS) that incorporates built-in support for DVD (digital versatile disc), the first major operating system to do so, according to Apple. [News.com]
Apple shakes up Claris, lays off 300
- Apple Computer shook up Claris, its wholly owned subsidiary, today announcing a restructuring that includes layoffs of 300 and Apple's absorbing responsibility for development and sales of nearly all of Claris's software products. [News.com]
Apple stock takes heavy calls
- Yesterday's sharp rally in shares of Apple Computer (AAPL) reversed direction today, but some options investors were taking on new call positions. [News.com]
Apple to post $45 million profit
- Surprising just about everyone, Apple Computer (AAPL) announced today that it will post profits of more than $45 million when it reports its fiscal 1998 first-quarter financial results next week. [News.com]
Apple's Europe sales up 47%
- Apple Computer's (AAPL) European sales climbed 47 percent to $415 million in its fiscal first quarter ended December 26, 1997, Apple Germany manager Peter Dewald reportedly said. [News.com]
Apple, others see stock spike
- Apple (AAPL) shares jumped out of the chute in 1998's first day of trading, fueled by short-sellers looking to cover their profits as rumors of a merger circulate. [News.com]
Apple: Market share falls in '97
- Apple Computer (AAPL) has disclosed in a yearly financial filing that its U.S. and worldwide market share fell sharply in its fiscal 1997, amid declining sales of its Macintosh computers. [News.com]
Are networking's salad days over?
- No one disputes the long-term potential for the networking equipment market, generally considered the fastest-growing segment of the high-technology industry. [News.com]
Ariel offers NT-based gear
- There is growing evidence of a lucrative niche market for dial-up remote access services based on Microsoft's (MSFT) Windows NT server operating system. [News.com]
Ascend to move beyond setbacks
- Hoping to move beyond a year of transition marked by financial turmoil, Ascend's (ASND) chief financial officer today laid out the company's plan to stake its claim on the growth of public data networks. [News.com]
Asia crisis may worsen piracy
- A U.S. software trade group predicted Asia's economic downturn will exacerbate the region's notorious rate of software piracy. [News.com]
Asia malaise cuts server growth
- Weakened Asian currencies will cut into sales growth for expensive, high-end servers for use in large enterprises, according to a new International Data Corporation (IDC) survey released today. [News.com]
Asian PC market hit by crisis
- The financial turmoil that's been crippling Asian economies has crept into the region's PC market, slowing growth and lowering analysts' expectations. [News.com]
Asian crisis clouds manufacturers' future
- Faced with falling prices due to oversupply, Asian computer component manufacturers are struggling to right themselves amid a regional economic downturn that's forcing them to make some potentially momentous decisions. [News.com]
Asian crisis hits chipmakers hard
- There are new signs that the Asian economic crisis is hitting chipmakers particularly hard. [News.com]
Auto sales take to infobahn
- The number of new car and truck buyers who use the Internet to help them purchase a vehicle could double in the next two years and hit 50 to 60 percent, according to speakers at an automotive conference yesterday. [News.com]
Axa offers Y2K bug insurance
- French insurer Axa Global Risks, a unit of Axa-UAP, said today it is offering large companies cover for their software exposure to millennium bug risks. [News.com]
Back to square one in Redmond?
- Is Microsoft (MSFT) succeeding in its attempt to play high-tech hardball with a federal judge in the Justice Department's antitrust case? [News.com]
BackWeb foresees IPO
- BackWeb Technologies, which enables customers to push information over the Internet, said revenues are growing strongly, placing it in a good position to sell stock publicly. [News.com]
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