Technology Word

After seeing Cisco Systems Inc.’s market value plunge $50 billion over the past six months, investors were relieved that the networking equipment maker managed to weather U.S. economic turbulence better than expected in its fiscal third quarter.
The company reported third-quarter profit Tuesday that beat analyst forecasts by 2 cents per share, and it offered fourth-quarter […]

Mobile phone maker Sony Ericsson on Wednesday warned that falling growth in the market for mid- and high-range handsets would have a negative impact on its sales and profits in the first quarter.
The joint venture between Sweden’s LM Ericsson and Japan’s Sony Corp. said shortages in certain components for mid-priced phones also were expected to […]