Recession effect on Intel - Profits dips 55%.

Computer-chip giant Intel reported a 55-per cent drop in first-quarter income Tuesday but said that it believed sales had bottomed out and that business was returning to normal.

The projection was significant because Intel's chips power the vast majority of personal computers, and the company's performance is often seen as a reliable predictor of the health of the technology sector. Other top technology bellwethers including Microsoft and IBM are also due to report their earnings in the next two weeks.

Intels first-quarter profit was $647 million, compared to a profit of $1.44 billion a year ago. In the same period, revenue dropped 26 per cent to $7.14 billion from $9.67 billion a year ago.

Though such results would usually signal a devastating performance, they were positively rosy in comparison to the 90-per cent drop Intel had in its fourth-quarter net income - which was among the three worst performances by the company in the last 25 years.

Intel fared worst in the Asia-Pacific region, where revenue was down 51 per cent. Revenue dropped by 21 per cent in the Americas, 18 per cent in Europe and 10 per cent in Japan. (Source)

PS - This means there is also a decrease in sale of Computers. Now blame it recession.

Tired of Microsoft 2007 ? Here is Microsoft 2010 coming !

Microsoft will be releasing its Microsoft 2010 in the later half of 2010 , this will be finalized on Wednesday.
Office 2010, previously known by the code name ``Office 14'', will include slimmed-down versions of Word, Excel, PowerPoint and OneNote that let people create and edit documents in a Web browser. Consumers will have access to a free, ad-supported version.
Microsoft plans to let hundreds of thousands of people test a technical preview of the new Office portfolio starting in the third quarter of 2009. (I want to access it !)
A beta version of Exchange 2010 was to be made available on Wednesday. (Source)

PS - Microsoft 2010 will be a notable one. I expect many advanced changes. Hope they all happen.

$10 or Rs 500 laptop to be displayed on 3rd Feb.

First it was Tata NANO which displayed out the worlds cheapest car and now it is the worlds cheapest Laptop for $10 or Rs 500. This would be some once minimum mobile bill in a city in India.
One cannot get even a simple black and white display mobile phone. But now in few months one can get a laptop. (Infact 6 months)
A $10 laptop (Rs 500) prototype, with 2 GB RAM capacity, would be on display in Tirupati on February 3 when the National Mission on Education through Information and Communication Technology is launched. TOI

India caught everyone’s attention by announcing a laptop that would cost just $10 to own, but later made a redaction of the statement by saying it was $100. The latest happening is that the first figure was indeed true. The government will display a prototype of the Rs. 500 ($10) laptop in Tirupati on February 3 when the ICT department will launch its National Mission on Education.

The $10 laptop has come out of the drawing board stage due to work put in by students of Vellore Institute of Technology, scientists in Indian Institute of Science, Bangalore, IIT-Madras and involvement of PSUs like Semiconductor Complex.
At present the price is coming at around 20$ but the mass production can bring the prices down.

Features - As of now, only few features are known like the Wi-Fi, LAN, expandable memory which we assume is the storage and not RAM and will operate with just 2 watt of power.

This can say that India is progression towards achieving it mission of One Laptop Per Child (OLPC).
Telecom industry will surely have a direct impact of this.