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Dell's Profits Plunge 79 Percent as PC Maker Mulls Its Future

Posted 05/17/2013 at 9:02am | by Paul Lilly

17

Comments

Dude, who's getting Dell?

Dell's future is as uncertain as it's ever been, and not just because the PC market is in a slump as consumers flock to mobile devices. The other major unknown is whether Dell will ultimately accept Michael Dell's proposed $24.4 billion buyout offer and go private, or if the board will be swayed by Carl Icahn's alternate deal that would keep the company public. As all this unfolds, Dell (the company) is seeing its profits get sucked into a vortex of uncertainty.

» Read More

Corsair Isn't For Sale, But Is Looking for Investment Partner to Fund Buying Spree

Posted 04/29/2013 at 1:43pm | by Paul Lilly

10

Comments

A private equity firm plans to invest $75 million into Corsair.

Everyone take a sigh of relief, Corsair isn't for sale, and therefore isn't at risk of ending up in the hands of a person or organization that doesn't share the same passion for PC peripherals as Corsair does. What about the rumor floating around that suggests Corsair may be sold to private equity firm Francisco Partners? Corsair tells Maximum PC the rumor is "inaccurate," though the company is looking to secure an investment.

» Read More

AMD's Beats Expectations, Cuts Losses Significantly in Q1 2013

Posted 04/19/2013 at 6:30am | by Paul Lilly

8

Comments

Restructuring efforts are paying off for AMD as the PC market transitions to mobile.

Go ahead and fire up Survivor by Destiny's Child and fast forward to the chorus, as there may not be a more appropriate string of lyrics to describe the attitude at Advanced Micro Devices (AMD). With the PC market making a mad dash towards mobile devices and system sales down in general, AMD somehow managed to trim losses in Q1 2013 by about $444 million compared to the same quarter a year ago, beating out expectations in the process.

» Read More

Intel Reports a $2 Billion Profit During Paul Otellini's Last Full Quarter as CEO

Posted 04/16/2013 at 3:00pm | by Paul Lilly

8

Comments

The sky didn't fall far for Intel, which met its revenue target for Q1.

Analysts can crow all they want about how the PC market is disintegrating, the world's largest semiconductor player still made a killing. We're of course referring to Intel, which today posted first quarter revenue of $12.6 billion, operating income of $2.5 billion, and net income of $2 billion. All of those are down to some extent, but how many businesses would jump at the chance to switch places with Intel?

» Read More

AMD Sells Texas Facility and Leases It Back

Posted 03/13/2013 at 9:55am | by Paul Lilly

9

Comments

AMD gets creative in its pursuit of cash.

Advanced Micro Devices (AMD) this week entered in an agreement to sell and lease back its Lone Star Campus located in Austin, Texas. The new owner will be 7171 Southwest Parkway Holdings, LP, an affiliate of real estate investment company Spear Street Capital. AMD says the sale is expected to generate $164 million in cash, the proceeds of which will be reflected in the chip designer's Q1 financial statement.

» Read More

Dell Opens Up Books to Angry Investor Carl Icahn

Posted 03/11/2013 at 8:42am | by Paul Lilly

10

Comments

Carl Icahn wants Dell to pay investors $15.7 billion in special dividends.

The path to privatizing Dell may not be as quick and easy as Michael Dell anticipated. To recap, Michael Dell, with the help of private equity firm Silver Lake Management and a significant loan from Microsoft, hammered out an agreement with Dell's board of directors to acquire the company in a deal that would pay public shareholders $13.65 a share, ultimately valuing the deal at $24.4 billion. Over the past couple of weeks, some investors have spoken out in opposition of the deal, including Carl Icahn.

» Read More

Symantec Ranks Among World's Most Ethical Companies for Six Straight Years

Posted 03/06/2013 at 9:59am | by Paul Lilly

5

Comments

International think-tank Ethisphere named a number of tech firms in its list of World's Most Ethical (WME) companies for 2013.

Security firm Symantec has been named one of 2013's World's Most Ethical Companies by Ethisphere Institute, an international think-tank and supposedly the only provider of third-party verifications of compliance programs. Ethisphere's methodology includes reviewing codes of ethics, litigation, and regulatory infraction histories, along with evaluating the investment in innovation and sustainable business practices, among other criteria.

» Read More

OCZ Desperately Needs Cash, May Sell Power Supply Business

Posted 02/18/2013 at 10:33am | by Paul Lilly

15

Comments

As OCZ runs out of options (and money), the company may opt to sell off various assets.

The past six months or so have been tumultuous for OCZ Technology, a company that analysts expected might sell itself after its founder and then-chief, Ryan Petersen, abruptly left. Instead, OCZ hired a new CEO who vowed to address credibility problems and turn things around, which unfortunately entailed sacking 28 percent of its staff and dropping 150 product lines. Where does OCZ stand today? In need of cash and running out of options.

» Read More

Valve Reaffirms Commitments to Pending Projects Following Round of Layoffs

Posted 02/14/2013 at 7:47am | by Paul Lilly

80

Comments

Gabe Newell insists all green-lit projects are still a go.

Something strange is going on at Valve, and nobody seems to have any concrete answers. For the first time, the employee-friendly company issued a number of layoffs -- perhaps as many as 25 -- across multiple divisions, including hardware and Android departments, according to Gamasutra. One of those employees is Valve's director of business development, Jason Holtman.

» Read More

Nvidia's Full Year Revenue of $4.28 Billion is a Record High

Posted 02/13/2013 at 4:08pm | by Paul Lilly

10

Comments

Compared to a year ago, Nvidia's sales figures are looking mighty strong.

The transition to mobile is barely affecting Nvidia's bottom line, which raked in $1.11 billion last quarter. That's a decrease of 8.1 percent sequentially, but an increase of 16.1 percent year-on-year, the GPU maker said. Furthermore, Nvidia's full year revenue reached a record high of $4.28 billion, jumping more than 7 percent compared to a year ago. Between its GPU and Tegra sales, which grew 7 percent and 90 percent, respectively, from a year ago, Nvidia is firing on all cylinders.

» Read More

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Dude, who's getting Dell?

A private equity firm plans to invest $75 million into Corsair.

Restructuring efforts are paying off for AMD as the PC market transitions to mobile.

The sky didn't fall far for Intel, which met its revenue target for Q1.

AMD gets creative in its pursuit of cash.

Carl Icahn wants Dell to pay investors $15.7 billion in special dividends.

International think-tank Ethisphere named a number of tech firms in its list of World's Most Ethical (WME) companies for 2013.

As OCZ runs out of options (and money), the company may opt to sell off various assets.

Gabe Newell insists all green-lit projects are still a go.

Compared to a year ago, Nvidia's sales figures are looking mighty strong.

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