November 19, 2008
Hewlett-Packard proves you can still make money
Valleywag
Paul Boutin recaps HPQ’s recent shares.
“HPQ shares jumped more than they have any day since 2002, after CEO Mark Hurd announced a fourth quarter profit of $1.03 per share. The best analyst quote is the simplest: ‘Despite worries about an economic slowdown, the company can still grow earnings.’”
CEO turnover for Symantec, Yahoo
Network World
Jeff Caruso writes about the recently announced CEO leadership changes with Symantec and Yahoo.
“Yahoo CEO Jerry Yang announced he was stepping down, and Symantec CEO John Thompson announced he is retiring as well…Yang has been under a lot of pressure for his resistance to Microsoft’s buyout offer, which is looking pretty good to shareholders in hindsight. No successor has yet been named.”
Gartner: open source software ‘pervasive’
The Register
Timothy Prickett Morgan offers his thoughts on findings from a recent survey done by Gartner on the open source software market.
“The adoption of open source software is being driven by the need to lower both development costs and the overall cost of operating a particular software stack. This need is only going to be more pronounced as the economy worsens, and some people will think open source software is the answer.”