It’s a tale of two companies in the technology world on Thursday. There’s Apple, whose quarterly profit beat expectations on strong iPod and Mac computer sales. And then there’s Microsoft, whose dismal earnings sent shockwaves through financial markets.
After all the excitement, endless public service announcement ads and electronics retailers salivating over anticipated high-definition TV sales, it turns out that the United States might not be switching to digital television just yet.
Able to use a computer? Check. High school diploma? Check. Work well with others? Check. Willing to strike a deal with Microsoft? Ummmm….
Here’s Microsoft’s Steve Ballmer during a keynote interview at a Gartner’s ITXpo, where — in case you somehow missed the news, the chatter, and the stock market reaction — he reportedly said a deal with Yahoo may still make economic sense.
General Electric’s problems – it warned yesterday that turmoil in the global credit markets could drive profit down as much as 12 percent — have once more put the spotlight on its media unit, NBC Universal.