Intel on Tuesday reported a sharp drop in revenue and profit for the first quarter, but the company's CEO said the PC industry is showing signs of recovery.

EMC's revenue grew 18 percent in the second quarter ended June 30, a result the company attributed to massive growth in the data enterprises need to store.

Concerns for the health of popular Apple executive Steve Jobs and a worse than expected forecast for fourth quarter earnings and revenue shot down Apple's stock after the market closed.

Microsoft Thursday announced it has topped US$60 billion in yearly revenue for the first time in its history and posted a 25% year-over-year gain in net income for its fiscal year 2008.

Yahoo will allow other Web sites to use its technology to build their own search services in a new revenue-sharing scheme announced on Thursday.

Infosys Technologies said Tuesday that it expected its revenue to grow by 19 to 21 percent to US$5 billion in its current fiscal year, ending March 31, 2008.

Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs.

SAP reported a 10 percent rise in revenue for the fourth quarter, but earnings fell 6 percent compared to a year earlier, dragged down in part by the cost of launching Business ByDesign, a new offering for the mid-market, the company said Wednesday.

Yahoo's fourth-quarter revenue grew, but net income fell as the struggling Internet giant tried to put its house in order and improve its ability to compete against Google and other rivals.

EBay exceeded Wall Street's earnings and revenue expectations for its fourth quarter and, as expected, announced that Meg Whitman will step down as president and CEO at the end of March, ending a 10-year tenure at the helm of the e-commerce giant.

IBM on Monday said fourth-quarter revenue, aided by exchange rates and sales outside the U.S., stood at US$28.9 billion, an increase of 10 percent over the same period in 2006.

Cisco Systems posted a double-digit rise in revenue in its fiscal first quarter ended Oct. 27, with an even bigger gain in profit.

Strong sales of new and old products alike led Microsoft to its fastest first-quarter growth in seven years, with the company reporting growth in all five business segments and both revenue and earnings per share (EPS) that beat analyst expectations.

Cisco Systems Inc. on Tuesday reported strong growth in revenue and profit for a fiscal third quarter in which it made several acquisitions that it expects to help power Web 2.0.

Deferred revenue from the release of Windows Vista and Office 2007 helped Microsoft Corp. increase revenue 32 percent year over year for its fiscal third quarter.

Ten days before it is due to report earnings, Advanced Micro Devices Inc. (AMD) on Monday warned investors that it would restructure its business model in reaction to a steep drop in quarterly revenue.

Hewlett-Packard Co. topped Wall Street's revenue and earnings expectations in the first quarter of its 2007 fiscal year.

Alcatel-Lucent SA's revenue fell for the fourth quarter, and the company plunged into loss. The performance was disappointing, but the long-term prospects of the merger of Alcatel SA and Lucent Technologies Inc. remain positive, the company said.

Cisco Systems Inc. posted net income of US$1.9 billion, or $0.31 per share, on revenue of $8.4 billion in its fiscal second quarter financial results reported Tuesday, exceeding revenue but matching earnings per share estimates of analysts.

Graphics chip maker Nvidia Corp. posted record high revenue for the second quarter on strong sales across several product groups including desktop, laptop and handheld graphics processing units, the company said Thursday.