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Linear Technology Q4 Profit Plunges - Update
Tuesday, linear integrated circuits maker Linear Technology Corp. (LLTC ), reported a sharp drop in profit for the fourth quarter, as revenues decreased 32% from last year amid a global recession. Looking ahead, the company said forecasting operating results in the current environment was difficult given the continued uncertainty in the marketplace and customers continuing to be cautious with their ordering patterns.
RTT News

Apple profits leap on back of iPhone
Technology giant Apple bucked the consumer trend by delivering a forecastbeating profit of 1.23bn £747m in the three months to the end of June making it the most successful nonChristmas quarter in the company's 32year history.
Telegraph

Executive View -- Still Committed to Detroit
Robert Bosch's Peter Marks sees a future for green auto technologies in the U.S., but says hybrids and electric cars are a ways off.
IndustryWeek

Utek names Keith A. Witter of FFP Investment Advisors chairman
Keith A. Witter has been appointed chairman of the board for Utek Corp., succeeding Clifford Gross who led the Ybor City technology exchange company for more than 11 years.
Biz Journal

iPhone sales boost Apple results
US technology giant Apple posts better-than-forecast quarterly results, thanks to strong iPhone sales.
BBC

40 Years After
What a summer for remembrances. Forty years ago, a couple of people landed on the moon, and a half-million of them landed on Max Yasker's farm in upstate New York for the Woodstock festival. That might sound like ancient history, but of course without the space program, who knows where the technology industry would be today.
E-Commerce Times

Linear Technology`s Q4 profit falls 45%
Linear Technology Corp. on Tuesday reported fourth quarter net income of $56.2 million, or 25 cents a share, down 45 percent from $103.1 million, or 46 cents a share in the same quarter last year. (LLTC)
Biz Journal

AP Technology NewsBrief at 4:47 p.m. EDT
...a publisher because searches are carried out entirely by computers and the search engine does not choose the terms itself. Toshiba likely to embrace one-time rival Blu-rayTOKYO (AP) _ After losing its battle to make the HD-DVD the ...
tmcnet.com

Profits boost for US industry
Corporate america took another step along its long road to recovery on Tuesday as companies from the industrial heartland of Peoria to the technology hubs of Silicon Valley reported stronger-than-expected profits and bullish outlooks
FT

`The worst of times appears to be behind us`
France-based IT outsourcing and consulting major Capgemini is setting up a new division to cater solely to the domestic information technology outsourcing and consulting business. To strengthen its case, it has also hired Satyam Computers Vice-President & Business Head (India and South Asia), Ranjan Tayal. Its the growth potential of the India IT services market which has prompted the $12-billion IT services major to throw its hat in the ring and give the home-grown majors a run for their money. In an interview with LESLIE DMONTE, Capgeminis CEO (Financial Services) for India and Asia Pacific, SALIL PAREKH, explains the companys strategy for India.
Business Standard

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