BlackBerry 10 and 2 Million New Subscribers
During the past several months, Blackberry 10 has been delayed several times, and it may eventually fail. But let’s dig into the beleaguered company.
MSFT
Microsoft Hikes Dividend, Signs Deal with RIM and More
Microsoft was in the headlines quite a bit Monday and Tuesday. Let’s take a look at the recent newsflow of the dividend growth gem.
Intel’s Guidance Cut Comes As No Surprise
Chip giant Intel (click ticker for report: ) updated its third quarter outlook Friday morning. The firm expects revenue of $12.9-$13.5 billion compared to its previous guidance of $13.8-$14.8 billion and below the consensus estimate of $14.2 billion. Gross margin expectations were reduced to 62% (+/- 1%), from its previous guidance midpoint of 63%. On the positive side, R&D spending will come in at the low-end of the firm’s guidance range of $12.1-$12.7 billion. Intel cited macroeconomic headwinds, reductions in supply chain inventory, lower enterprise spending and weaker emerging markets demand as the main drivers behind the guidance cut. Yet, the data center business continues to meet expectations, suggesting that weakness is mainly isolated to its PC operations. We’re not surprised … Read more
The New Kindle Fire Won’t Change Our View of Amazon
Amazon announced the new generation of Kindle Fires, which look like excellent devices. However, we question the firm’s commitment to profit.
Will Windows 8 Be Tragic for Microsoft?
Windows 8 hasn’t hit the shelves yet, but skeptics are already declaring it a collossal failure.
Courts Dish Out a Victory to Apple
Apple wins a landmark case and could begin to block sales of Samsung devices.
Hewlett-Packard Is in the Midst of a Turnaround
Computing giant HP issued a poor outlook, but the company still generated substantial cash in its third quarter. We think shares are cheap, but that doesn’t mean we are buying.
Apple Victim Dell Changes to Survive
Dell issued a dismal outlook after reporting mixed second quarter results. The firm continues to struggle, and we remain on the sidelines.
Best Buy on Its Way to Becoming a Value Stock
Best Buy continues to struggle, but we think it will become a value stock–just not yet.
The Shift Toward Mobile Computing Can’t Stop Google
Search giant Google (click ticker for report: GOOG) reported another fantastic quarter Thursday afternoon. The firm exceeded expectations, earning $10.12 per share for its second quarter (up 16% year-over-year and $0.08 greater than the consensus estimate). Comparable revenue grew 21% for the second quarter to $10.9 billion, in-line with estimates. When Motorola Mobility is thrown into the mix, revenues grew 35% to $12.2 billion. Given the firm’s robust cash generating ability, we think shares are undervalued at current levels. Though many boil Google down to the Android operating system, the firm remains the heavily-entrenched global leader in search and online advertising. In fact, paid clicks increased 42% year-over-year due to the impact of mobile advertising, but average cost-per-click fell 16% … Read more