Seagate Plans Another Makeover – but Is Anything Different This Time?

{complink 4842|Seagate Technology Inc.} and {complink 379|Apple Inc.} do not belong in anyone’s classification of a “peer group.” Somehow, though, Seagate’s management thinks the company belongs with Apple — along with {complink 1131|Cisco Systems Inc.} and {complink 2657|Intel Corp.}, amongst others — in a class of companies that investors might want to group together when…

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Apple Shares Fall After Record Profits. So What? It’s Only Profit-Taking

Don’t follow the herd. Not stupidly anyway. {complink 379|Apple Inc.}'s stock price tumbled almost 5 percent, or $15.51, in after-market trading, hours after the company announced record earnings and sales in its fiscal fourth quarter. (See Apple Q4 Profits Rise 70%.) Analysts cited lower-than-expected iPad sales for the stock price decline. The following BusinessWeek story…

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Apple Q4 Profits Rise 70%

CUPERTINO Calif. — {complink 379|Apple Inc.} posted a record 70 percent increase in fiscal fourth quarter net income and sales increased 67 percent on surging sales of iPhones, iPods, iPads and Macintosh computers. In the three months ended Sept. 25, the company posted record revenue of $20.34 billion and net quarterly profit of $4.31 billion,…

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Smart Grid Seeks Sourcing Partners

CHICAGO — The organization working on smart grid standards in the United States has a sourcing problem and has invited the attendees of the NEDA Executive Conference, here in Chicago, to help solve it. “We are going to need to supply 15 million smart meters and monitors [as the implementation moves forward] and one of…

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Geeks, Gurus & the Stakeholder Problem

Working in the field of corporate responsibility and IT technology brings you in front of some odd situations and the occasional fascinating opportunity. In my experience, the IT Geeks and corporate social responsibility (CSR) Gurus in this space seem to live, for the most part, in separate but parallel worlds. During my academic research and…

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Arrow Completes Intechra Buy

MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE:ARW) announced today the successful completion of the acquisition of Intechra, a leading information technology asset disposition (“ITAD”) company. Intechra is headquartered in Jackson, MS, and has approximately 300 employees. Total sales were approximately $75 million for the most recent fiscal year. The transaction is expected to be $.03-$.05…

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