EMC 1Q profit dips 14 percent, revenue up 17 percent (AP)

AP - Data storage vendor EMC Corp. says its first-quarter profit dipped 14 percent on acquisition-related charges. But it posted a double-digit revenue gain that beat Wall Street forecasts.

Wireless and data push AT&T income, revenue up in Q1

AT&T reported net income of $3.5 billion for the first quarter of 2008, up from $2.8 billion in the first quarter of 2007. Strong wireless and data revenue drove the results.

Google grows profit and revenue in Q1 (InfoWorld)

InfoWorld - Google posted solid growth in its revenue and profit during 2008's first quarter and exceeded Wall Street expectations in both categories amid widespread concern that the search engine giant's results would be weak.

HP Beats IBM In Server Revenue (TechWeb)

TechWeb - InformationWeek - In surpassing IBM, HP had increases in both its ProLiant and HP Integrity brands, which offset some revenue declines in other brands, Gartner said.

2007 Satellite Industry Revenue Grows 16% (SPACE.com)

SPACE.com - Global revenue across the satellite industry grew 16 percent in 2007 to $123 billion, bolstered by growth in the satellite services, launch services and ground hardware sectors, according to the Satellite Industry Association's (SIA) annual report released June 11.

Server revenue could slow in 2008, after strong 2007 (InfoWorld)

InfoWorld - The global server market could be headed for a slowdown this year, market researcher IDC said Wednesday, after one of the strongest years ever in 2007.