Google Profit Falls For 1st Time
December 4, 2009 by Trend PK
Filed under Technology
Google posted the first-ever decline in its quarterly earnings Thursday but still beat market expectations in the withering economic climate.
The web search giant said that it earned 382 million dollars, or 1.21 dollars per share, in the three months ending in December – a drop of 68 per cent from the same period in 2007. But the profit was hit by a 1.5-billion-dollar charge for write downs on investments like AOL and Clearwire and the cost of issuing new stock options to employees whose existing warrants were below the company’s share price.
Revenue increased 18 per cent to 5.7 billion dollars, or 4.2 billion dollars once payments that Google makes to its ad partners were taken into account.
“Our business is quite healthy, especially given the economic climate,” Google chief executive and Chairman Eric Schmidt said.
He warned that the company was heading into “uncharted territory” as conditions could worsen in the shrinking US economy.
“We don’t know how long this period will last,” Schmidt told analysts in a conference call. “We obviously hope it will be short. We’re certainly prepared to get through this, no problem.”
Shares of Google rose more than 2 per cent in after-hours trading to 312.75 dollars, following the earnings announcement.
Google Profit Falls For 1st Time was first posted on January 23, 2009 at 10:06 am.
Transcend Launches StoreJet 25F Hard Drive
December 4, 2009 by Trend PK
Filed under Technology
Transcend did what it does best, create a new niche segment in the hard drive market.
Manufacturer of flash memory products, Transcend has added yet another latest hard drive to its existing range by announcing the launch of StoreJet 25F a trendy and distinctive metallic designed hard drive that stands apart from others.
Inspired by ancient oriental culture, the StoreJet 25F represents a delicate balance of cutting-edge technology and exquisite transitional beauty.
The StoreJet 25F offers a stable base for resting on a table or computer case. And with its gigantic 500GB memory capacity, you will never worry about running out of space again! A user, therefore, can easily transfer, store, and share important files and data. The external hard drive has only one USB 2.0 connection that works both as the data and power connector.
It measures only 4.5 inches by 3.2 inches by 0.6-inch. Apart from this, the company also boasts for providing many useful functions like secret-zip fileencryption, website autologin, Mobile Favorites with NoTrace internet browsing, mobile e-mail, online update and much more. The tool also allows user to enjoy smart backup scheduling along with security and file compression functions for the hard drive.
The StoreJet 25F also supports Windows 2000 / XP / Vista, Mac and Linux, providing seamless data exchange between different operating systems.
However, the company has not given any information regarding its price.
Established in 1988, Transcend, a Taiwan base company offers more than 2,000 devices including memory modules, flash memory cards, USB flash drives, digital audio players, portable media players, multimedia products, graphic cards and accessories. Transcend is recognized worldwide for the excellent quality of its products and outstanding service.
Transcend Launches StoreJet 25F Hard Drive was first posted on January 23, 2009 at 10:33 am.
