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Week ahead: Easter parade of profits?

A number of tech heavyweights, including IBM and Siebel, announce their earnings this coming week--and many of them expect to see black ink.

Culture
Following are some of the notable tech-related events scheduled for the week of April 11.

As the deadline looms for filing taxes, a number of tech heavyweights are crunching their own numbers. Information technology titans from IBM to Siebel will announce their quarterly earnings results in the coming week.

The outlook is encouraging, with most of the tech companies expecting to post a profit for the quarter.

The information was gathered from Thomson First Call, Hoover's Online and CNET News.com Investor.

Events scheduled this week:

Tech Events

Monday, April 12

  • A glimpse into digital rights management for mobile devices, digital television and peer-to-peer networks will be given during the Digital Rights Management Strategies 2004 conference, April 12-14, New York.

Wednesday, April 14

  • Wired and wireless Internet service providers gather to discuss current industry challenges during ISPCon Spring 2004, April 14-16, Washington, D.C.

Earnings

Tuesday, April 13

  • Infosys Technologies is a technology consultant and services provider. It is expected to report a fourth-quarter profit of 56 cents a share.

  • Intel is a chipmaker. It is expected to report a first-quarter profit of 27 cents a share.

Wednesday, April 14
  • Advanced Micro Devices is a semiconductor maker. It is expected to report a first-quarter profit of 3 cents a share.

  • Apple Computer is a computer maker. It is expected to report a second-quarter profit of 10 cents a share.

  • Rambus is a memory chip designer. It is expected to report a first-quarter profit of 6 cents a share.

  • Texas Instruments is a chipmaker. It is expected to report a first-quarter profit of 21 cents a share.

Thursday, April 15
  • Logitech International is a peripheral device maker. It is expected to report a fourth-quarter profit of 69 cents a share.

  • Siebel Systems is an enterprise software developer. It is expected to report a first-quarter profit of 5 cents a share.

  • Unisys is an IT services company. It is expected to report a first-quarter profit of 9 cents a share.

  • IBM is a computer maker and services provider. It is expected to report a first-quarter profit of 93 cents a share.

  • Sun Microsystems is a server and workstation maker. It is expected to report a third-quarter loss of 7 cents a share.

Friday, April 16
  • E*Trade is a financial services company. It is expected to report a first-quarter profit of 20 cents a share.

  • Nokia is a cellular phone maker. It is expected to report a first-quarter profit of 22 cents a share.

Economic Reports
Tuesday, April 13
  • Business Inventories summarizes total sales and inventory for the retail, wholesale and manufacturing sectors. February growth is expected to rise to 0.3 percent, compared with 0.1 percent in the previous period.

  • Retail Sales measures total receipts from U.S. stores. Growth for March is expected to remain flat at 0.7 percent. Excluding auto sales, growth is expected to be 0.6 percent, compared with zero growth in the prior period.

Wednesday, April 14
  • Consumer Price Index is one of most significant measures of inflation, monitoring the decline or fall of the price of a fixed basket of consumer goods and services. March growth is expected to hold steady at 0.3 percent.

Thursday, April 15
  • Initial Claims is the weekly total of new claims filed for unemployment compensation. The total is expected to grow to 335,000 for the week ended April 10, from 328,000 the previous week.

Friday, April 16
  • Housing Starts is the total of new home construction projects. The March number is expected to grow to 1.9 million, from 1.86 million the previous month.


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