Tech Industry

Apple, AMD feel financial hangover

Apple and AMD stock falls as some analysts, despite the companies' profits, see looming problems. The Dow also continues to tumble and the Nasdaq edges lower as it fails to get a boost from the usual Internet suspects.

Apple and AMD stock falls as some analysts, despite the companies' profits, see looming problems. The Dow also continues to tumble and the Nasdaq edges lower as it fails to get a boost from the usual Internet suspects.

Despite profits, Apple stock slides
Investors react to the company's earnings report and possible problems this year, causing the stock to slide back in early trading.

AMD falls after disappointing earnings
The stock drops after a host of downgrades from analysts and skepticism that the company may end up on the losing end of a processor price war.

Net stocks sag on downgrades
The Dow continues to tumble and the Nasdaq edges lower as it fails to get a boost from the usual Internet suspects which are sagging after being downgraded by a few Wall Street analysts.

Apple posts $152 million in profits
update The company reports $152 million in net profits, its first year-over-year quarterly growth in three years.

AMD posts profit, but below estimates
update Advanced Micro Devices posts its second quarterly profit in a row, although the numbers fall below analysts' expectations.

Motorola tops estimates
The chip and cellular phone power gets a boost from its digital cellular telephone sales, growth in its chip business, and an earlier restructuring.

Unisys beats forecasts
The provider of computer hardware and systems, which is transforming itself into a computer services firm, reports earnings that surpass Wall Street expectations.

Intel blows away estimates
update The chip giant smashes analysts' estimates by reporting $1.19 in earnings per share for the fourth quarter.

Yahoo wows 'em, splits stock
update The portal giant reports fourth-quarter revenues of $76.4 million and announces a 2-for-1 stock split.

MicroAge beats Street
update MicroAge posts profits that beat Wall Street estimates, as the company still weighs what to do with its distribution subsidiary Pinacor.

Seagate's earnings rebound
The world's largest disk drive maker reports sharply improved earnings today that beat most analysts' expectations.

Net stocks keep the Street guessing
roundup First they're up, then they're down, and throughout it all Net stocks dominate market activity and captivate dumbfounded analysts.