Thor Olavsrud

Signifying the ever-increasing importance of mobile to the enterprise, IBM Tuesday added another company to its arsenal with the acquisition of Worklight, which offers a mobile applications platform and tools for developing software for smartphones and tablets. Big Blue did not disclose financial terms of the deal for the privately held Israeli company. The deal […]

Apple earnings report shocked analysts by topping the company’s formal revenue guidance for the holiday quarter by $9.3 billion and analysts’ revenue estimates by $7.2 billion. The company reported $46.33 billion in revenue for its fiscal 2012 first quarter, and net profit of $13.06 billion or $13.87 per diluted share. By comparison, in the year-ago […]

Despite softness in the PC market, Microsoft Thursday defied expectations to post record earnings of 78 cents per share for its second quarter, ending Dec. 31, 2011. It announced quarterly revenue of $20.89 billion, up 5 percent year-over-year, operating income of $7.99 billion and net income of $6.62 billion. Wall Street analysts had been looking […]

After lowering guidance in December due to the knock-on effect of flooding in Thailand that severely disrupted hard disk drive manufacturing, Intel Thursday bounced back, posting revenue of $13.9 billion for the fourth quarter and $54.2 billion for the full year. “2011 was an exceptional year for Intel,” Intel (NASDAQ:INTC) President and Chief Executive Officer […]

LG Electronics Thursday became the latest in a long line of mobile device manufacturers to ink a licensing deal with Microsoft to protect itself from litigation over alleged patent infringement in Google’s Android mobile operating system and Chrome OS Platform. Microsoft (NASDAQ:MSFT) has now lined up 11 manufacturers willing to pay for protection. Neither party […]

In some ways, 2011 was the year of the App Store. The Apple App Store for iPhone and Apple App Store for iPad remained the kings of the hill in terms of revenue, but the Google Android Market continued its growth surge and the Amazon Appstore for Android made a strong entrance midway through the […]

Microsoft appears to be losing ground in the operating system market to itself. The Windows XP operating system shed 2.4 percent of global market share in December, according to usage share tracking firm Net Applications. That’s part of a steady trend in which Windows XP shed nearly 11 percent of market share since February 2011. […]

The next release of the Microsoft Windows Phone 7 operating system, dubbed Tango, will be aimed at low-end smartphones with the “best prices” according to a leaked roadmap published by WMPoweruser.com Tuesday. The leaked roadmap suggests that Microsoft (NASDAQ:MSFT) Windows Phone 7 users can expect the update in the second quarter of 2012. It will […]

Apple has reportedly acquired Israeli solid state drive (SSD) controller specialist Anobit for between $400 million and $500 million and also plans to open a research and development center in the country, which is known for its technological breakthroughs. The report comes from Israeli Hebrew-language newspaper Calcalist, which said executives of Herzliya, Israel-based Anobit informed […]

As cloud development platforms mature to include enterprise-grade security and regulatory compliance, enterprise cloud development will come to the forefront in 2012, predicts CollabNet. Brisbane, Calif.-based CollabNet, a specialist in cloud development and Agile application lifecycle management (ALM), said it expects adoption of cloud development practices to increase in the coming year as a growing […]