Apple bruised as analysts predict slower growth

Apple took a fresh bruising on Thursday after a gloomy forecast accompanying its record quarterly profits prompted pessimism over the tech giant's slowing growth trajectory.

Apple hails results but outlook knocks stock price

Apple shares slid about 10 percent Wednesday after the tech giant posted record profits and sales of its iPhones and iPads but offered a disappointing forecast for the coming months.

RIM shares pounded on subscriber worries

Shares of BlackBerry maker Research In Motion plummeted Friday on the Nasdaq exchange on investor fears that its new smartphone platform will thin the ranks paying for its service.

China's Lenovo claims top spot for consumer PCs

Chinese computer maker Lenovo Group said it had become the global market leader in consumer and notebook personal computers, as it posted a 13 percent rise in second-quarter net profit.

Wipro hives off non-IT businesses, stock gains

(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.

Sony reduces loss on sales recovery, restructuring (Update)

(AP)—Sony Corp. reported Thursday a smaller flow of red ink for the fiscal second quarter on a sales recovery and restructuring efforts and stuck to its full year forecast for a return to profit from its worst loss in company ...

Panasonic's red ink grows, forecasts loss for year

(AP)—Panasonic Corp.'s losses ballooned to 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets, and restructuring costs to turn itself around were proving ...

Chief creative officer leaves Zynga

Another top Zynga executive has cashed in his chips as the social games company behind "Zynga Poker" and "Farmville" strives to improve its fortunes after a losing fiscal quarter.

Apple 'considering investment' in Twitter

Computer and smartphone maker Apple has been discussing with social media company Twitter the possibility of making a significant investment in it, The New York Times reported.

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