Hewlett-Packard took the unusual step of releasing its financial results a day early after the contents of an internal memo from its CEO were leaked.
Leo Apotheker reportedly sent senior management a memo preparing them for this week's results announcement warning them that it is going to be a tough quarter and urging them to watch the budgets and minimise spending.
Cuts in public spending are hitting the bottom line of educational specialist RM as the vendor revealed a pre-tax loss in its half-yearly numbers.
Virtualisation specialist Veeam has given a boost to Microsoft's Hyper-V product after announcing it would support the platform with its backup and replication product.
Hopes that the recovery in the PC market that was seen towards the end of last year would continue through to 2011 have been dashed after consumer spending ground to a halt.
Dell has boosted profits by 177% since last year after a burgeoning corporate refresh cycle saw it increase sales to enterprise customers and cushioned the Texas-based PC builder from slowing consumer sales.