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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| August 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TECHNOLOGY

Music over for HP-branded iPods

In the midst of a corporate overhaul, the tech giant says re-selling Apple's popular music player doesn't jibe with its digital media strategy. Apple shares fell 3%. HP-branded iPods represented 8% of the device's total sales in Q2. HP plans to stay in digital media but isn't expected to make a direct iPod rival until 2006. More on A5

EDS issues higher Q2 guidance

The tech services firm now says it likely earned 9 cents a share, much better than its earlier forecast of a loss of 2-7 cents. It cited new contracts. The Street expected a 5-cent ...

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