Jeff Campbell
01-23-2009, 06:00 PM
<div class='os_post_top_link'><a href='http://www.tuaw.com/2009/01/22/nokia-microsoft-drop-while-apple-stock-soars/' target='_blank'>http://www.tuaw.com/2009/01/22/noki...le-stock-soars/</a><br /><br /></div><p><em>"While Apple stock is up over seven percent since its positive earnings report and conference call yesterday afternoon, both Nokia and Microsoft have released dourer reports about their financial outlook."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/at/auto/1232681917.usr105634.jpg" /></em></p><p>Not a lot of good news yesterday with <a href="http://investors.nokia.com/phoenix.zhtml?c=107224&p=irol-irhome" target="_blank">Nokia</a> reporting a 69% (yes 69%) drop in profits, <a href="http://www.microsoft.com/msft/default.mspx" target="_blank">Microsoft</a> laying off 5,000 employees and <a href="http://www.sony.net/SonyInfo/IR/" target="_blank">Sony</a> posting record losses of $3 Billion USD with plans to close factories and lay off workers. Investors seemed happy with the news from Apple though, as you can see from the jump in stock price. Strategic planning at Apple remains cautious, as a story later today points out regarding the scaling back on the retail side of things. </p>