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Technology Stocks
Yahoo! Going Nowhere
Yesterday Yahoo! (NASDAQ:YHOO) announced Q2 results which managed to meet the market’s expectations but did not do much to boost the stock. Revenues of $1.57 billion declined 13% over the year and 6% on a constant currency basis. EPS grew by a cent to $0.10 against the market’s expected $0.08. >>>
TI’s Results: Light In The Semiconductor Tunnel?
Yesterday Texas Instruments (NYSE:TXN), a leading semiconductor company with annual revenue of $12.5 billion, reported second quarter results that beat estimates and gave positive guidance for the third quarter. After Intel’s encouraging results last weeks, this is another shot in the arm for the semiconductor sector. Let’s take a closer look. >>>
Nokia Turns To North America To Bolster Market Share
Last Thursday Nokia (NYSE:NOK), the world’s leading mobile phone vendor with annual revenue of €50.7 billion, reported declines in its sales, profits, margins, and market share in its second quarter results. The company also cut its 2009 outlook for market share as it faces tough competition in the high-end smartphone sector from Apple, RIM and recently Palm with its innovative release, Palm Pre. However, one bright spot is the change in Nokia’s strategy towards the North American market. Let’s take a closer look. >>>
Google Steps Up Efforts To Go Beyond Search
Google’s Q2 results, announced yesterday, exceeded expectations but failed to bring much cheer to the online ad market. Revenues of $5.52 billion grew a meager 3% over the year but did exceed the market’s expected $5.49 billion. EPS of $5.36 also surpassed the expected $5.09. >>>
Mobile Processors Increasingly Important For Intel
Yesterday, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported better-than-expected second quarter results, raising hopes that the PC industry is on its way to recovery. It also provided a forecast that topped estimates. Let’s take a closer look. >>>
3Com: Huawei Sales Down, But Major Wins Outside China
Yesterday in its fourth quarter results, 3Com (NASDAQ:COMS), a top networking player, reported that it swung to profit and beat estimates, but with the continued decline in sales to its former partner Huawei, the company’s first quarter forecast missed estimates. Let’s take a closer look. >>>
Promising New Products At LeapFrog
LeapFrog (NASDAQ:LF) continued to struggle with the recessionary pressures. The recently announced Q1 performance resulted in a loss while revenues nearly halved over the year. The worldwide edutainment market is still growing rapidly — according to InStat, it was $2.1 billion in 2006 and is expected to be $7.3 billion in 2011 — but as for so many markets, people are cutting spending on toys and other products for children. Perhaps My Pal Scout, the company’s new customizable talking plush puppy, will help boost revenues >>>
Motorola Pins Its Hopes On The Android
According to a recent Gartner release, worldwide mobile phone sales declined 8.6% while smartphones grew 12.7% in the first quarter. Motorola (NYSE:MOT) continued to lose market share but managed to move up to the No.4 position, mainly because Sony Ericsson lost market share. Motorola hopes to revive its product line with Android phones in the fourth quarter. Will this move be enough to strengthen its position in the industry, especially since Samsung, LG, HTC, and Sony Ericsson are also launching Android phones? Let’s take a closer look. >>>