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Microsoft quarterly earnings rise 31 percent to $5.2 billion

Microsoft announced a very healthy quarterly earning report which show a 31 percent increase to $5.2 billion. This fiscal third quarter report has exceeded analyst estimates. While the figure is very positive for Microsoft, there is a rather negative aspect to the report, this is the second straight quarter that …

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Epson revenues drop – as KitGuru predicted

While Epson might be doing relatively well in projectors, the market itself is not that large. At the same time, it has taken a beating from HP. KitGuru has a quick look at the financial print outs to see where Epson might have smudged. KitGuru loves making solid predictions, in …

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Panasonic to axe 35,000 employees

Panasonic are to cull 35,000 people from their workforce over two years, as they are losing money from restructuring costs associated with damage from the March 11th disasters. President Fumio Ohtsubo has said that the company will streamline operations to boost profitability, including selling some of its business and to …

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Are Nokia on a downward slope?

These are troubled times for Nokia, and their home land Finland. Nokia have announced that 7,000 people will be leaving the company. Something that many analysts had forseen for many months. 4,000 of these staff are losing their jobs entirely, with Finland, United Kingdom and Denmark being the target countries. …

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HP beats up Epson – will it affect financials?

As Epson prepares to unveil its financial results, KitGuru takes a look at the printer market and wonders if the beating being handed out by HP in the print space will affect anything. Can Epson still thrive in the face of competitors that can easily out muscle it and earthquakes …

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IDC reveals money-saving back-up secrets

Major corporations are sitting up and paying attention to IDC. Having completed a major study of the back-up patterns of large corporates, the research giant has hit on a simple way to create massive savings. Can these techniques be useful for KitGuru readers as well? First, let's just be clear …

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Intel prepares for marketing U-turn on DirectX 11

By its very nature, Intel's tick-tock strategy means that important architectural changes are only introduced once the production process is operating near 100% efficiency, so what's going on with Ivy Bridge? KitGuru prepares to get well and truly pixelated. . From what we have heard, every sales meeting that Intel …

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Grasby takes on the world

Word has reached the KitGuru newsdesk that AMD hardman Darren Grasby, former head of graphics giant Connect 3D, will be taking over the Worldwide Channel VP role recently vacated by John Byrne. KitGuru trains its spy satellite at Austin, Texas to try and understand what this means. Grasby, who honed …

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AMD double profit in Q1 2011

AMD have had a great start to the year, reporting profit increases of $510 million, up from $257 million the year before. Revenue was up to $1.61 billion from $1.57 billion last year and earning were at 68 cents a share, compared with 35 cents a share the year before. …

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Microsoft give employees pay rise to stop head hunting

Steve Ballmer, Microsoft CEO sent out an internal email to 90,000 employees to let them know that they will be receiving a pay increase. This is to help make sure that employees feel valued, especially as other technology companies are head hunting for talent. The pay increase was announced yesterday …

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Have anonymous attacked Sony PSN again?

The Sony Playstation Network has had an outage today and rumours are rife that the online gaming service has been the victim of a DDOS attack from ‘hacktivist' group Anonymous. Many users across Europe and America have been reporting problems logging into the Playstation Network in the last 24 hours. …

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IBM Q1 earnings up 10 percent

IBM reported positive net income gains for the first quarter, due in part by strong performance from their hardware division. IBM's net income rose by 10 percent to $2.86 billion, or $2.31 per share. In the year ago period IBM earned $2.6 billion, or $1.97 per share. Revenue also rose …

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Match.com to screen for sex offenders

When a friend tells you that there are plenty of fish in the sea, they don’t normally mention the sharks. That was a policy followed by the world’s number one dating site myedate.com, Match.com, until now. KitGuru takes a peak over the blind date wall to see what really lurks …

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Seagate buy Samsung HDD unit for $1.375 billion

Seagate Technology have announced today that they are entering into a ‘strategic partnership' with Samsung Electronics, purchasing the hard drive disk section of the business for a very cool $1.375 billion in cash and shares. This deal is another major consolidation after Western Digital recently announced that they were buying …

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Boeing given $92.3M from NASA for spacecraft

Boeing Co. have won a NASA award worth $92.3 million for future work on designing a spacecraft which could carry crews to space stations. Boeing are under contract with NASA to design the CST-100, which will carry a crew of seven people into low orbit over the earth. Boeing has …

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