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HP Says Compaq Merger Approved
by Timothy Prickett Morgan
Hewlett-Packard
last week said that an independent audit of the proxy
votes in its contentious merger with rival Compaq had come down by a
narrow margin in favor of the merger. However, Walter
Hewlett, son of one of HP's founders who has been ousted
from the HP board for approving, then rejecting, and then
fighting the merger, is suing HP for inappropriately
influencing the votes of a number of large institutional
investors. It ain't over yet.
READ MORE > |
Gates Takes the Stand at Antitrust Trial
by Timothy Prickett Morgan
Bill Gates, founder of Microsoft and
currently its chairman and chief software architect,
finally took the stand in person this week in the
four-year-old antitrust lawsuit that has been giving him
more grief than his competitors. Unlike his deposition in
the original trial two years ago, Gates was polite and
non-combative, but he stubbornly held his ground that
harsh remedies would force Microsoft to stop selling
Windows and would have a dramatic negative effect on
innovation in the IT industry.
READ MORE > |
Microsoft, Intel Eke Out Revenue Gains in First Quarter
by Timothy Prickett Morgan
Microsoft and Intel, the two
dominant forces behind the Wintel duopoly that accounts
for nearly 90 percent of server shipments these days, have
recently reported financial results that demonstrate their
aspirations for the server business are undeniably and
directly tied to their fortunes on the desktop. Both
Microsoft and Intel have managed to eke out small revenue
gains and profits in this tough IT spending environment,
and are cautiously looking forward to a better 2003 even
though we have three more quarters to live through in
calendar 2002.
READ MORE> |
IBM Slapped Hard in First Quarter by Economic Downturn
by Timothy Prickett Morgan
If you are lucky enough to have any IT budget left in this
down economy, give IBM a call and play just a
little hard to get, but interested. There has never
been--as the commercials used to say in the early Gerstner
years--a better time to buy from Big Blue. IBM's sales in
the first quarter of 2002 were down 12 percent, to $18.6
billion; first quarter net income was down 32 percent, to
$1.75 billion; and earnings per share were down 31
percent, to 68 cents.
READ MORE> |
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Reader Feedback and Insights
We value your feedback and your insights into the Windows and Linux markets.
Feel free to drop us a letter to the editor and we will post
them in a reader feedback column associated with this newsletter.
READ MORE > |
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Editor
Timothy Prickett Morgan
Managing Editor
Mari Barrett
Conributing Editors:
Dan Burger
Sinéad Carew
Joe Hertvik
Kristin Palitza
Timothy Prickett Morgan
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Contact the Editors
Do you have a gripe, inside dope or an opinion?
Email the editors: editors@itjungle.com
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