April 27, 2009
Apple reports blockbuster earnings with iPhone growth increasing by 123%
Network World
Yoni Heisler includes Tim Cook, COO of Apple’s response to whether or not the company will be entering the netbook market.
“Tim Cook (Apple’s COO, said) that if consumers are looking for a portable device with which to check their e-mail and browse the Web, that the iPod Touch is an attractive option. As expected, Cook finished by saying that Apple has some ‘interesting ideas’ when it comes to netbooks, but that they are still not interested in entering that particular market segment.”
EMC’s Q1 profits down, but not out
The Register
Chris Mellor recaps EMC’s first quarter profits for 2009.
“EMC revenues were $3.15 billion in Q1 09, just 9.2 per cent down on Q1 08’s $3.5billion. Its net-come though, was 23 per cent down from the year-ago quarter’s $251.6 million ($0.12/share), coming in at $194.1 million ($0.10/share). Already in cost-saving mode, the company is going to save an additional $100 million through further cost-reduction actions. An internal EMC source has tweeted that EMC is cutting everyone’s pay by five per cent until the end of the year and staff are also getting an extra five days leave.”
Can Your Employees Lift Your Company’s Valuation?
MSPmentor
Joe Panettieri writes that according to David Russell, CEO of Manage to Win, managed service providers (MSPs) looking to get in on mergers and acquisitions, should “tout” their financials to investors and also their employees to potential suitors. Here’s why.
“David Russell made the case that well-kept HR records and information that touts your staff talent can actually increase your company’s valuation/sale price. Clearly articulate: your employee retention rates, your HR processes and company goal setting.”
