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…
Not surprisingly, a plurality — 36 percent — of readers responding to EBN’s latest online poll believe a stronger yuan would make their businesses more competitive against China. American manufacturers contend the Chinese yuan is undervalued by as much as 40 percent, according to MSNBC. This has cost millions of US manufacturing jobs by making…
I took extreme care in crafting the above headline and I hope our eagle-eyed copy chief didn’t tinker too much with it. [He didn't!] I’ll start with a bunch of disclaimers. I do not own {complink 379|Apple Inc.} shares, and I have no intention of buying or going short on the company’s stocks. Also, no…
SAN JOSE, Calif. — {complink 1989|Fairchild Semiconductor International}, the leading global supplier of power and mobile products, today announced results for the third quarter ended September 26, 2010. Fairchild reported third quarter sales of $414.4 million, up one percent from the prior quarter and 25 percent higher than the third quarter of 2009. Fairchild reported…
If you have any doubt about which way the industry wind is blowing, then check out which technologies venture capital (VC) firms are investing in. True, VCs gave us the dotcom disaster. But they (and we) have learned their lesson and are being a lot more diligent about which startups they are investing in. Case…
MILAN & PALO ALTO, Calif.–Accent, a world leader in semiconductor integration of communications and metering technologies, announced today that it has closed a new round of financing of 5 Million Euros from Silicon Valley investor Tallwood Venture Capital. The funding will be used to accelerate development and productization of key communication technologies for system-on-chip solutions…
There’s been a lot of discussion on our site recently about social and environmental responsibility versus cost. (See: After Supply Chain Transparency Comes What? Social Responsibility, Apparently.) In many cases, making sure a business simply complies with the various environmental laws around the globe — not to mention being a good world citizen — requires…
MELVILLE, NY–Nu Horizons Electronics Corp. (Nasdaq/NM: NUHC), a leading distributor of active and passive electronic components, today reported financial results for the second quarter and six months of fiscal 2011 ended August 31, 2010. Net sales for the quarter ended August 31, 2010 were $164,130,000 as compared to $156,600,000 for the comparable period last year,…
THIEF RIVER FALLS, Minn. — Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s broadest selection of electronic components available for immediate shipment, today announced STMicroelectronics presented Digi-Key with an award for “Outstanding Sales and Growth Achievement for 2009 and 2010.” Gardner Gray, Digi-Key account manager at STMicroelectronics, and Ashley McGaha,…