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Weak demand causes Intel to cut Q4 forecastOpen in New Window
Intel expects fourth-quarter revenue for fiscal 2008 to fall 23 percent compared to a year prior due to weaker demand for computer processors, the company said Wednesday.The chip maker expects fourth read more »
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Seagate abruptly lowers Q4 2008 revenue forecastOpen in New Window
"Seagate has announced it now expects to make fewer sales in this quarter because of the recession. Elsewhere in the disk drive business, Western Digital may..." read more »
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Forrester slashes IT spending forecast as recession deepensOpen in New Window
"U.S. tech spending growth will drop sharply but recover in late 2009." read more »
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Toshiba Calls Chip Industry Group Forecast 'Optimistic'Open in New Window
"Slumping demand and excess capacity have caused semiconductor prices to plunge, pushing Toshiba's chip business to a $639 million operating loss for the April-September period." read more »
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Analysts: PC growth will slow, while notebooks remain a bright spotOpen in New Window
Jacqueline Emigh writes "Worldwide PC growth will slow to a veritable snail's pace in 2009, according to newly revised numbers from analyst group IDC. But still, the revamped forecast for notebook read more »
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SAP Scraps 2008 Revenue OutlookOpen in New Window
Information week brings news of SAP's latest move in the current economic climate. The software solutions company has "scrapped its 2008 revenue outlook and made no forecast for 2009 as the global read more »
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Microsoft readies first attack forecastOpen in New Window
Microsoft will debut vulnerability predictions tomorrow when it issues 11 security updates for Windows, Office and Internet Explorer . read more »
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Forrester Revises IT Spending ForecastOpen in New Window
"Storage spending should pick up next year, research firm says." read more »
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