Home Depot Plans Phone Replacements and 2 Dow Movers to Follow
Home Depot (NYSE:HD): Current price $66.28
Home Depot will replace thousands of BlackBerry (NASDAQ:BBRY) smartphones for the use of its managerial and corporate staffers with Apple’s (NASDAQ:AAPL) iPhone 4S, says Apple Insider. They explained that even though the retailer will displace around 10,000 Blackberry smartphones, this will not yet impact the 60,000 Motorola smartphones used by store employees.
Hewlett-Packard Company (NYSE:HPQ): Current price $16.86
In the United Kingdom, the Financial Reporting Council is looking into Autonomy Corp.’s financial reporting in the years prior to Hewlett-Packard Co.’s purchase as it investigates the published accounts of the firm for the period between January 2009 and June 2011, according to statement on Monday. Hewlett-Packard took an $8.8 billion writedown one year after buying Autonomy and on November 20th, accused it of miscategorizing sales and financial misreporting.
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Microsoft Corporation (NASDAQ:MSFT): Current price $27.72
Back in 1989, Microsoft shipped its first version of its SQL Server database, bootstrapped a multimedia division and promoted Steve Ballmer to the role of Senior Vice President. At the same time, the firm built its first data center. However, by today’s standards, it would be considered a modest operation with a 89,000 square foot facility in Building 11 of its Redmond, Washington campus. Since then, Microsoft has spent in excess of $15 billion building out much more massive facilities that drive its Internet-based products like Bing, Skype and Windows Azure.