Earnings at Apple beat expectations; sales miss target

Article Abstract:

Apple Computer reports second quarter profits of $61 million, 17 cents a share, up 3 cents above Wall Street predictions. Profit margins were 29.4% with $4.2 billion in cash and securities. Revenue for the quarter was $1.53 billion. Apple is expanding its customer base in the public school market with its iBooks, overtaking Dell Computer. Apple is also planning to open retail stores starting in May.

Reports, AAPL, Apple Inc., Anderson, Fred D.

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I.B.M. to Lay Off Over 10,000, Mostly in Europe

Article Abstract:

International Business Machines Corp will lay off between 10,000 and 13,000 workers mostly in Germany, France and Italy before the end of 2005. The cutbacks are expected to reduce I.B.M.'s operating expenses by at least $1 billion.

Personnel administration, Securities issued, listed, Human resource management, International Business Machines Corp., IBM, Securities, Company personnel management, Company securities

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Choosing a New Chief and Pondering a Switch in Focus

Article Abstract:

Now that CEO Carly Fiorina has been ousted, Hewlett-Packard hopes to a find a new chief that will bring more profitability to the company.

Sales, profits & dividends, Management dynamics, Executive changes & profiles, Management, Officials and employees, Appointments, resignations and dismissals, Hewlett-Packard Co., Company sales and earnings, Company earnings/profit, Company business management, Fiorina, Carly, HPQ

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