Computer industry
Apple Computer's attempt to drum up publicity for its new PowerPC Mac desktops has backfired spectacularly, as the company's embargo on pre-launch press coverage has given its rival, Intel Corporation, a devastating three-week head start on publicizing its own Pentium-based PC. By forbidding the press from
Computer industry
Hewlett-Packard Co. has received clearance from federal regulators to purchase a 15% stake in Taligent, its high-end software venture with Apple Computer and International Business Machines Corp. Founded nearly two years ago, Taligent aims to develop object-oriented software that can work more efficiently than current versions. This type of software
Computer industry
I.B.M. has been working to establish the Power PC chip as a viable alternative to Intel's dominance in the personal computer market, and yesterday's announcement that Canon Inc. will use the Power PC chip in future generations of personal computers has given the new
Computer industry
Apple Computer Australia is preparing to launch its new Macintosh range, powered by the innovative PowerPC processor, on 15 March with a simultaneous launch in the United States on 14 March. The new Power Macintosh line will feature three models: the 6100-60, the 7100-66, and the 8100-80, each utilizing different
Computer industry
The PC industry in Melbourne and beyond can expect a significant shake-up as leading microprocessor manufacturers and their competitors gear up to release high-powered chips that will drastically reduce prices for personal computers. This shift is set to plunge the cost of high-performance machines by mid-year, making them more accessible
Computer industry
The world's largest computer company, IBM, has been grappling with financial struggles over the past three years, losing an astonishing $16 billion. After making its first quarterly profit in 18 months, there is hope that IBM will decline slowly, rather than collapsing dramatically. The company's latest
Computer industry
The Dow Jones industrial average struggled to find its footing early Monday, but ultimately managed to stay in positive territory thanks to bargain hunting in some blue chips. The Dow was ahead 9.01 points to 3880.43 at 11 a.m. EST, with IBM leading the charge after a
Computer industry
Computer companies continue to face significant challenges as they navigate a rapidly changing market characterized by thin margins and intense competition. Amidst this backdrop, fourth-quarter results for 1993 reveal that only a handful of companies recorded profits. IBM was one of the few to turn the corner, reporting net earnings
Computer industry
The Dow Jones industrial average rebounded 12.66 points to 3908.00 on Wednesday, overcoming a two-day slide, as strong gains in Bethlehem Steel and Philip Morris offset another big loss in IBM. The Dow utilities average climbed 3.49 points to 221.46, its biggest one-day gain since November
Computer industry
The New York Stock Exchange (NYSE) witnessed a quiet trading session early Monday, with stock prices experiencing profit-taking following the previous Friday's record-setting session. However, strength in IBM helped lift the Dow Jones industrial average above negative territory. The Dow, which had reached a new all-time high of
Computer industry
The announcements of disappointing earnings from Digital Equipment Corp. and Intel Corp. led to a decline in several computer-related stocks on the New York Stock Exchange and the Nasdaq Stock Market. Digital Equipment Corp.'s stock fell 10.3% to close at $32.75, while Intel's shares
Computer industry
PC prices are expected to continue dropping throughout 1994 while performance increases, with high-performance machines becoming the standard in many homes and offices. By the end of 1994, PCs powered by 66-megahertz 486DX2 and Pentium processors will be the norm, while the old 386 processor will be a distant memory.
