Also on today's podcast: Intel contests $1.45 billion fine, voice chat comes to Facebook, and how companies are trying to make electric cars more user-friendly.
Following the European Union decision to fine Intel $1.45 billion, Nvidia is crying foul too.
Hours after European regulators impose a $1.45 billion fine, Paul Otellini rebuts the charges behind the antitrust action.
The $1.45 billion fine will cause headaches for Intel's sales force, but the AMD-Intel war will still be won or lost primarily on the companies' technology.
Utilities Updates: burnItAgainSam 1.45; Guest PC 1.0; 4D 2004.1; more
Canon, the camera and imaging products maker, reported on Thursday earnings of $1.27 billion, or $1.45 per share, for 2001--a 24 percent increase from results the previous year. Revenue was $22 billion, a 7.8 percent increase over 2000. The global technology slump affected demand for the Japanese company's printers, copiers and other business products, Canon said. But sales of digital cameras more than doubled, helping the company's overall camera sales reach $2.89 billion, an increase of almost 20 percent over the previous year.
Despite analyst skepticism, VeriSign CEO Stratton Sclavos predicts his company will notch 2002 revenue of $1.35 billion to $1.45 billion. That's growth of up to 47 percent. Can he stay on course?
Winchester Systems announced a new low-cost way for businesses to implement a storage area networking (SAN) system to speed access to corporate data. The company's FlashDisk SAN-In-A-Box allows companies to set up a SAN without expensive Fibre channel connections. A SAN-In-A-Box system with eight 7,200-rpm disk drives with total storage of 1.45 terabytes sells for $62,580.
NatWest Securities raised its earnings forecasts for Compaq Computer and Dell Computer, according to a Reuters report. Compaq's fourth-quarter earnings estimate was raised to $1.60 a share from $1.45, the 1997 EPS forecast to $6 a share from $5.75, and the 1998 forecast to $7.25 from $7. NatWest raised Dell's fourth-quarter estimate to 85 cents a share from 70 cents; it also upgraded the 1997 forecast to $2.62 from $2.47, and the 1998 forecast to $3.50 from $3.25. NatWest's six-month price target for Compaq rose to $90 from $85, for Dell to $63 from $45.