Dell is in a world of hurt.
The PC maker reported sales that missed forecasts and cut its outlook for the current quarter. The fact that Dell (DELL) beat earnings estimates was shrugged off by investors, who want to see the company ramp up its mobile efforts.
When it comes to the hottest mobile gadget, Apple (AAPL) is clearly the dominating force, with the iPad. Dell and its rival Hewlett-Packard (HPQ) need MORECatherine Tymkiw - Aug 22, 2012 11:10 AM ET
Sina Corp., which operates China's Twitter-like microblogging site Weibo, posted a surprise second-quarter profit of $33.2 million, more than triple the amount a year ago.
The results, which included an 11% jump in revenue, blew investors away since analysts had predicted that the company would post a slim loss for the quarter. Shares of Sina (SINA), surged 14% to their highest level since May.
Sina's CEO Charles Chao noted that Weibo, which MOREHibah Yousuf - Aug 16, 2012 3:22 PM ET
Not a member yet?Sign up now for a free account