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Oct 29, 2013

Apple’s results disappoint ahead of holiday quarter

By Bill Rigby

(Reuters) – Apple Inc’s profit and margins slid despite selling 33.8 million iPhones in its September quarter, and greater China revenue climbed just 6 percent even though two smartphone models hit store shelves in its second-largest market last month.

The unremarkable quarterly numbers prompted some disappointed investors to cash in recent gains in the stock, which slid 5 percent at one stage after-hours on Monday.

Oct 29, 2013

Apple’s results fail to excite ahead of holiday quarter

Oct 28 (Reuters) – Apple Inc’s profit and margins
slid despite selling 33.8 million iPhones in its September
quarter, and greater China revenue climbed just 6 percent even
though two smartphone models hit store shelves in its
second-largest market last month.

The unremarkable quarterly numbers prompted some
disappointed investors to cash in recent gains in the stock,
which slid 5 percent at one stage after-hours on Monday.

Oct 28, 2013

Microsoft shareholders advised to vote against director Thompson

SEATTLE, Oct 28 (Reuters) – Proxy advisory firm Glass Lewis
has recommended that Microsoft Corp shareholders vote
against the re-election of lead independent director John
Thompson, who is in charge of the company’s efforts to find a
new chief executive.

In a research note circulated to its clients on Monday,
Glass Lewis expressed concerns about a possible conflict of
interests for Thompson in his role as CEO of Virtual
Instruments, a cloud-computing firm that sells licenses and
devices to Microsoft.

Oct 28, 2013

Apple’s iPhone sales, holiday quarter up for scrutiny

By Bill Rigby

(Reuters) – Apple Inc’s iPhone sales and revenue forecasts, due to be released on Monday, may offer clues as to whether its low-cost 5C model missed the mark or whether the world’s largest tech company can continue its run of smash-hit gadgets.

Signs have emerged that demand for the cheaper model is lagging the top-tier iPhone 5S – both of which went on sale in September – because its $100 discount is proving to be insufficient to motivate emerging market and price-conscious customers.

Oct 24, 2013

Microsoft beats profit forecasts, shares jump

SEATTLE (Reuters) – Microsoft Corp cruised past Wall Street’s quarterly profit and revenue forecasts on Thursday, helped by strong sales of its Office and server software to businesses, sending its shares up 6 percent after hours.

The world’s largest software company is the latest tech firm to surprise investors with a powerful performance, coming the same day as Amazon.com Inc eased past average revenue forecasts.

Oct 20, 2013

Big data heralds return of the Cray supercomputer

SEATTLE, Oct 20 (Reuters) – “Big data” means big computers,
and good news for Cray Inc
.

The pioneer of supercomputers in the 1970s stood on the
brink of obscurity 20 years ago but is now surging back to
prominence. Its shares have almost doubled over the past 12
months.

Oct 2, 2013

Exclusive: Microsoft investors push for chairman Gates to step down

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 2, 2013

Microsoft investors push for chairman Gates to step down

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp (MSFT.O: Quote, Profile, Research) are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 1, 2013

Time for Gates to go, some top Microsoft investors tell board

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp (MSFT.O: Quote, Profile, Research) are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

Oct 1, 2013

Exclusive: Time for Gates to go, some top Microsoft investors tell board

NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.

While Microsoft Chief Executive Steve Ballmer has been under pressure for years to improve the company’s performance and share price, this appears to be the first time that major shareholders are taking aim at Gates, who remains one of the most respected and influential figures in technology.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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