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Intel on Tuesday reported a first-quarter profit that jumped more than 400 percent over the same period last year, citing strong demand for laptop chips.

The chipmaker's profit was $2.4 billion, or 43 cents per share, up 433 percent from the same period last year. Analysts were expecting a profit of 38 cents per share.

First-quarter revenue was $10.3 billion, up 44 percent over the same quarter a year ago.

Paul Otellini, Intel president and CEO, said it was Intel's best first quarter ever.

"Consumer and corporate are spending more on on horsepower. They're … Read more

Sony latest earnings show that it continues to be hammered by the worldwide recession and strong yen, suffering a net loss of $390.5 million in the quarter that ended June 30.

The bright spot was Sony's motion picture division, which saw a 6.5 percent boost that was largely attributable to the relatively strong showing of "Angels & Demons" at the box office. But almost everything else, including TV, video game, and computer sales, was down in a big way.

In an article, The New York Times highlighted the 37.4 percent year-over-year slump in gaming … Read more

Updated at 3:20 p.m. PDT throughout.

Advanced Micro Devices on Tuesday reported a net first-quarter loss of $416 million, or 66 cents a share, though revenue exceeded estimates.

AMD also refuted Intel statements that PC sales have hit bottom, though the company said inventory problems are improving somewhat.

This loss exceeds the loss reported one year ago, when the chipmaker posted a loss of $364 million, or 60 cents a share.

Revenue hit $1.18 billion, down 21 percent from the $1.5 billion posted last year, but better than reported estimates from analysts who had expected revenue … Read more

It looks like the iPod's still got a bit of life left. It may no longer be the main driver of innovation at Apple, but the company sold 22.7 million iPods during its fiscal first quarter. That's up 3 percent from the same period last year, although a much slower rate of growth than in previous years. Still, it's growth nonetheless. Not only did Apple beat expectations but the results reported Wednesday also marked an all-time quarterly sales record for its iconic MP3 player.

Meanwhile, iPhone sales actually fell from the previous quarter, from 6.9 … Read more

One of our favorite Bluetooth headsets for 2008 was the BlueAnt V1, the world's first voice-controlled Bluetooth headset. Well, BlueAnt is certainly not resting on its laurels. It just announced the BlueAnt Q1, a brand-new headset that combines the voice interface technology from the V1 with a stylish gunmetal design.

The new design promises to "virtually eliminate" wind and road noise, handling wind speeds up to 10 miles per hour. It also boasts dual microphone wind noise reduction, echo cancellation, and digital signal processing software for clearer voices. Other features include automatic pairing and reconnection to the … Read more

These are tough times for the UMPC, whose promise of pocket-size, always-on computing has been overshadowed by the proliferation of cheaper Netbooks. But Samsung, one of the first companies to announce a UMPC back when the initiative was known simply as Origami, has continued to issue updates to its Q1 Ultra. The latest, announced Monday: the Q1U-CMXP, notable for its integrated HSDPA cellular modem, and the Q1UP-V, a Q1 Ultra Premium running Windows Vista Business.

The Q1U-CMXP is almost identical to the Q1 Ultra released last year, with the addition of a 3G cellular modem that's compatible with AT&… Read more

Comments by CEO Paul Otellini and CFO Stacy Smith during Intel's 2008 first-quarter earnings conference call on Tuesday cast a pall over the chipmaker's flash business while boosting the outlook of Netbook chips.

First, a quick inventory of the comments made by Otellini and Smith about Intel's NAND flash memory business. Overall Intel gross margins were affected by collapsing prices in the NAND market. Intel is currently in a joint NAND chip manufacturing partnership with Micron Technology. NAND flash is used in large-capacity storage devices which are, in most cases, interchangeable with hard disk drives. Intel said earlier this year … Read more

Unlike other tech industry chief executives, Scott Kriens of Juniper Networks is refreshingly candid and pragmatic.

Despite the fact that Juniper revenue exceeds $2 billion annually and the company's market cap is nearly $13 billion, Kriens recognizes that Juniper just can't match Cisco Systems' product depth, global sales reach, and resources. Kriens still believes that Juniper can compete by following a simple formula: 1. Pick the technical battles it can win; 2. Stay ahead of the industry on innovation and performance; and 3. Acquire and/or partner to supplement Juniper's value.

Kriens' business strategy will be in … Read more

As CNET News.com reporter Tom Krazit reports, Apple shipped 22.1 million iPods in its October-to-December quarter, up a mere 5 percent from same quarter last year.

But as I've argued before, you must count iPhone unit sales for a fair year-to-year comparison because each iPhone takes the place of a potential iPod sale. It's essentially the highest-end, most expensive iPod.

But even with the 2.32 million iPhones it sold, that makes a total of 24.42 million, for a total of 15 percent unit growth over the previous year's quarter. That's respectable and … Read more