{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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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 will ship 13.8 million iPad units in 2010, says iSuppli Corp., which raised its previous estimate by almost one million units
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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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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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Tylenol's label tells us what's in the tablets. Hawaiian Punch lists what's in the bottle. But knowing the fair labor practices of the businesses and whether workers who mine and manufacture materials were treated fairly could become an issue as consumers start to pay closer attention to the source of raw materials in products. Risk…
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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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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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NEENAH, WI — {complink 4345|Plexus Corp.} has announced that Steve Frisch, an Executive Officer of Plexus, has transitioned into a new role as Regional President – EMEA (Europe, Middle East, Africa). Frisch will provide cohesive regional leadership to the Plexus EMEA team and will retain the top level leadership role over Plexus Technology Group, the…
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GUADALAJARA, Mexico–In a demonstration of its continued commitment to its operation in Mexico, Freescale Semiconductor is growing its engineering, business process operations and software design capabilities in Mexico to serve global markets. Growth at the site will be focused in multiple areas, including analog and mixed signal design, business processes, and systems and applications. “Our…
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