In line with the expectations of the financial community, Microsoft’s earnings are slowing, and layoffs of 5,000 employees are in the offing. Can it get any worse for the world’s largest software maker? In announcing the widely-expected decision, CEO Steve Ballmer blamed an 11% drop in quarterly profits on the tragic state of the PC […]

All right, just yesterday I was suggesting that Apple would record good sales for Macs and the iPhone, and, based on a preliminary survey, suggested iPod sales might decline slightly. But, as usual, Apple made the industry analysts and Wall Street money people look foolish. In the final quarter of 2008, which is actually the […]

For a company that seems a little down in the dumps these days, this week’s report on Apple Inc.’s quarterly financials is still eagerly awaited with both trepidation and anticipation. Probably with equal doses of both. The cloud hanging over the company’s stock price is, of course, the health of CEO Steve Jobs and ongoing […]

I suppose this week represented a huge test for Apple and the stock market. Knowing that Steve Jobs was going to be absent from Apple for five months, how would Wall Street react, particularly in light of the possibility that he might never return as CEO? Well, some analysts suggest that the financial community has […]