Hopes that storage vendors may tough out the slowdown in the US economy took a blow yesterday as both EMC and Network Appliance issued profit warnings.
EMC warned that its revenues would fall short of its yearly target of $12bn, and said that first-quarter results would miss analyst estimates by 10 per cent, on sales of $2.35bn, in the first three months of the year.
Network Appliances said sales would miss its revenue target by $90m to $100m, and that sales for the first three months of the year would be between 20 and 25 per cent below the $288m generated in the three months ending 2000.
Dell upbeat about Europe
Dell's European boss Paul Bell has said he expects the European PC market to grow five per cent this year, which he described as "pretty solid".
Bell told Reuters that the company had not yet seen the US slowdown in the economy being reproduced in Europe. "The only signs we've seen so far is large US-based multinationals have slowed buying a bit," he said.
He added that Dell did not see the need to make job cuts in Europe, but said that it was leaving some positions vacant when staff left the company.
Ericsson and Samsung team up on Bluetooth
Ericsson has signed a contract with Samsung for the worldwide distribution of Bluetooth wireless technology.
Under the contract, Samsung will license the Bluetooth technology from Ericsson and integrate it into its semiconductor products. Terms of the deal were not disclosed.
Palm and Handspring extend deal
Palm has extended Handspring's licence to develop and market products based on its Plam OS operating system until the end of April 2009.
Around 90 per cent of handhelds use the Palm OS. After Palm itself, Handspring is the second most popular vendor of the devices.
Moon's dark side is mountainous, rugged and never visible from the Earth
The groundwater basins in some areas of Tehran have been damaged irreversibly
This is the first time that any spacecraft on Mars has recorded air vibrations on the planet
Arctic sea ice is thickening at a faster rate during winter, thus slowing down long-term decline: NASA
But, the seasonal ice growth could only delay the demise of the Arctic ice cap for a few more decades