By Stephen Repetski on Jul 24, 2009
- Ford seems to have had a not-too-shabby quarter, and had one-time gains that helped to post a profit.
- On top of the news from Ford, The New York Times Comany turned a profit this quarter, reporting second-quarter revenue up from the same quarter last year. I wouldn’t say that the newspaper business is going to be the primary source of news for people again, but it’s nice to see they aren’t going out of business quite yet.
- In very interesting market news, Microsoft Q4 Sales Miss by $1B; Stock down 7% (about 8% at this writing). This comes on decreased PC sales, but looking forward, may turn around a bit with Windows 7 sales with it’s release sometime later in the year. Microsoft has made a conscious effort in Windows 7 to have it adapt to netbooks in a better fashion, and so to help their sales (hopefully) not slip as much as they recently have.