Multiple Missteps Led to RIM's Fall

A round-up of venture-capital news and analysis from VentureWire and around the Web.

Chelsea Stoner joined the venture capital firm in 2006.

A round-up of venture-capital news and analysis from VentureWire and around the Web.

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Shares of technology consulting firm Accenture (ACN) are up 9 cents, or 1.3%, at $7.22 in late trading after the company this afternoon reported fiscal Q3 revenue and earnings per share that slightly exceeded analysts' expectations. Revenue in the three months ended in May rose 6%, year over year, to $7.2 billion, yielding EPS of [...]

Shares of memory chip maker Micron Technology (MU) continue to rise this afternoon, currently up 18 cents, or 3.2%, at $5.90 after the Nikkei news service this afternoon reported that Micron has agreed to purchase bankrupt DRAM maker Elpida Memory (ELPDF) for about ¥200 billion, or roughly $2.5 billion, plus another billion and a quarter [...]

Shares of hardware companies are broadly lower today, worse than the overall equity trend, amidst diminished views of computer hardware. I mentioned earlier that estimates have been cut for Seagate Technology (STX) and Western Digital (WDC) by Barclays and ThinkEquity today, following a warning by drive assembly maker Hutchinson Technology (HTCH). But JP Morgan's Mark [...]

Shares of disk drive makers Seagate Technology (STX) and Western Digital (WDC) are down 5.9% and 3.9%, respectively, as the Street today ratchets down expectations for drive shipmentsamidst what appears to be broadly lower demand for PCs. The proximate cause of today's cuts was the warning last night by Hutchinson Technology (HTCH), makers of disk [...]

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