A look at recent tech-industry earnings (AP)
Here is a summary of recent earnings reports for selected technology companies and what they reveal about the state of spending and the overall economy:

Tech Stocks: Tech stocks close strong July on weak note (at MarketWatch)
A weaker-than-expected gross-domestic-product report hit stocks across the board Friday, and the tech sector wasn't exempt from the decline as most tech leaders looked toward closing July out on a negative note.

The Key To Successful Corporate Reorganization (at Forbes)

IBM Acquires Storwize (Zacks)
IBM has announced to acquire Storwize, a privately held company, for an undisclosed sum. The acquisition is expected to boost IBM's storage capacity.

Apple's Pricy Macs Could Make Stock Shine Brighter (at Forbes)
Desktops account for about 3% of price target on the House of Jobs.