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IBD Tech Report: May 06, 2009 issue

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Received: Thursday, May 07, 2009 02:54 AM
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May. 06, 2009 Issue: Internet & Technology | Tech Q&A | Tech Screen of the Day | Tech Archives
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Internet & Technology
Cisco Tops Q3 Views As Sales Fall Hard; Is Bottom In Sight?

Tech bellwether Cisco Systems beat analysts' third-quarter estimates Wednesday after cutting costs amid sharply falling sales. But executives and...

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Amazon Aiming At Wider Field With Kindle DX
Symantec's Q4 Profit Beats Views, But Sales Fall Short
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To The Point
Amazon touts big, costly Kindle

The online retailer took the wraps off the souped-up version of its Kindle electronic reader aimed at students, academics and newspaper readers, but analysts cautioned its $489 price tag could hurt sales. The new Kindle DX has a 9.7-inch display that rotates, giving it 2.5 times the surface area of the original Kindle, making it easier to read highly formatted pages. It also has more memory. Amazon.com (AMZN) edged up 0.1% to 81.99.

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