Wireless Carriers: Sprint and T-Mobile

On August 6, Sprint Nextel Corp. (NYSE: S) reported second quarter results that beat analyst estimates. The new CEO, Dan Hesse, has put in place a turnaround plan for improving customer experience, building the Sprint brand, and increasing profitability. The plan is already showing results: the churn rate decreased to 2% from 2.45% last quarter.

Top 8 SaaS Stocks

We’ve been looking at SaaS closely for a while now. Let’s do a recap of the Top 8 SaaS Stocks that I am tracking. Also, I want to reiterate that I believe SaaS stocks are recession-proof.

Semiconductor IP Players: IDCC, Tessera

InterDigital, Inc. (NASDAQ:IDCC) reported a strong second quarter on August 6. Added to the positive news in two major cases, its shares soared to a 52-week high of $28 on July 31. InterDigital is a top 5 beneficiary of the 3G iPhone, as its licensing technology is used not just by Apple but by RIM,

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Online Travel: Expedia, Priceline, Orbitz

The three key online travel companies are going through a rough patch following their recent quarterly earnings reports.

More SaaS: Concur, Taleo, RightNow

Concur, the expense management software maker, released its earnings for the second quarter of 2008. Subscription revenue growth was the main driving force behind their robust earnings. The company posted net income of $4.5 million or $0.09 a share, compared with $1.8 million or $0.04 a share in the corresponding quarter last year. Total revenue is

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Cisco Confident

Networking giant Cisco reported strong Q4 and fiscal year 2008 results yesterday that narrowly beat analyst estimates. Its shares soared on the company’s positive outlook that the economic slowdown will be relatively short-term.

SAP Looks Strong

SAP released their second quarter earnings last Tuesday. The company’s revenue surged 18%, beating Wall Street expectations and causing the stock to close up nearly 10%. Since the results were released, the stock has been trading in the same price band, which is near its seven-month high. The stock closed at $57.86 yesterday, just two

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Networking Roundup: Foundry, Nortel, Alcatel

I had earlier discussed in my Online Video Beneficiaries series consolidation among the networking dwarfs so that they can be stronger competition for Cisco.