Computer industry
IBM, the world's largest computer company, is struggling to gain control of the PC industry by replacing Microsoft as the dominant supplier of operating systems and ousting Intel as the main source of microprocessors. Its products, OS/2 and PowerPC, have failed to gain traction, and the company&
Computer industry
IBM announced its third quarter 1994 earnings, reporting revenues of $15.4 billion, an increase of 8.6 percent over the same period of 1993. Net earnings for the third quarter were $689 million, and earnings per common share were $1.18. Chairman and CEO Louis V. Gerstner, Jr., highlighted
Computer industry
Industry leaders, including MIPS Technologies, Advanced Micro Devices, and I.B.M., are poised to unveil next-generation microprocessors that will more than double the speed of current desktop computers. Despite Intel's stronghold on the chip market, rival designers are gaining ground with RISC (Reduced Instruction Set Computing) architectures
Computer industry
Hewlett-Packard Company has announced its plans to support IBM Corporation's latest version of OS/2, OS/2 Warp, Version 3, on its rapidly growing lines of HP Vectra brand desktop PCs and NetServer brand PC servers. This move is in line with HP's goal of providing
Computer industry
Shares in Apple Computer Inc. saw a significant rise of $1.875 to close at $38.875 in Nasdaq trading, while International Business Machines Corporation (IBM) shares climbed 37.5 cents to $71.50 on the New York Stock Exchange. This follows reports of progress toward a common standard between
Computer industry
The stock market continued its upward trajectory for the second straight day, driven by significant gains in technology and auto issues. Key players in these sectors, including Apple Computer Inc., I.B.M., and the Detroit-based Big Three auto makers, witnessed substantial increases in their stock prices. Analysts attribute the
Computer industry
Washington and Beijing have reached a quiet agreement that lifts trade sanctions on hi-tech sales to China, imposed a year ago, in exchange for China's promise not to sell medium-range missiles abroad. The move marks a significant step in the US-China rapprochement, which has been facilitated by business
Computer industry
Motorola Inc. is making a bold move into the personal computer market, vowing to become the low-cost choice for businesses and take a significant chunk out of Intel Corp.'s market share. Motorola's goal is to build market share for the PowerPC microprocessor technology, which it developed
Computer industry
Tokyo-based Toshiba Corporation has joined the group of supporters for IBM's PowerPC chip, a move aimed at challenging Intel Corporation's dominance in the microprocessor market. Under the agreement, IBM granted Toshiba a license for its PowerPC microprocessors and AIX operating system software, allowing the Japanese company
Computer industry
Next week, Motorola will launch its line of PowerPC-based computers, but initially, the availability of software for this format will be limited. Meanwhile, IBM has announced that its Power Personal Systems will not be made generally available until next year. The PowerPC range will run Microsoft Windows NT 3.5,
Computer industry
Novell, under its new president and CEO, Robert J Frankenberg, is embarking on a significant strategic shift, marking a departure from its previous confrontational approach towards Microsoft. Frankenberg envisions a future where Novell focuses on connecting people to people and to information, rather than just computers to computers. This approach,
Computer industry
A US appeals court has dealt a significant setback to Apple's 1988 copyright lawsuit against Microsoft and Hewlett-Packard, dismissing the case on grounds that most of the screen display was covered by a 1985 licencing agreement. The court ruled that the display's visual symbols and generic
