After having had a depressing run in the past quarters, Blue Nile (NASDAQ:NILE), a leading jewelry retailer with annual revenue of $295.3 million, seems to be back on track. While economic conditions have not improved drastically, the company’s performance is definitely upbeat. >>>
Our SaaS coverage continues. We’ve seen acquisitions starting with Intuit buying PayCycle. Let’s see what’s up with Salesforce.com, and what is SAP likely to acquire with its rather large warchest.
On May 21, Salesforce.com, Inc. (NYSE: CRM), a pioneer in the SaaS sector with annual revenue of $1.077 billion, reported its first quarter results that beat analyst expectations. >>>
Athenahealth (NASDAQ: ATHN), a provider of the health industry’s billing and practice management solutions for helping physicians collect their reimbursements, saw significant growth over the year, but failed to meet the market’s expectations of their Q1 results. >>>
In a major uplift to the fortunes of TiVo (NASDAQ:TIVO), the pioneer in digital video recorders (DVRs) with annual revenue of $249.67 million, a U.S. district court in East Texas granted them an award of $103 million against Echostar, Dish Network’s sister company. This award goes a long way in helping TiVo, which recently reported a loss in its recently reported first quarter. Let us take a closer look.
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The market has been steadily recovering over the last month. Autodesk’s (Nasdaq:ADSK) stock has also recovered significantly since their last quarter results. Despite their bleak view of the economy, the market was impressed with their quarterly performance. Q1 revenues fell 29% to $426 million and recorded a 13% fall over the previous quarter. Their lean cost structure efforts initiated last quarter helped them earn $0.18 per share. The street was estimating revenues of $419 million with EPS of $0.08. They are continuing their cost control efforts and are estimating an additional savings of $120 million in fiscal 2010. >>>
The Palm Pre was released on June 6, and the verdict is that it delivers on many fronts and can be strong competition for the iPhone if it is able to fix its app store and attract third-party developers. Analysts are calling the launch a success. Let’s take a closer look at the phone’s features and how it fares against competitors. >>>
The Palm Pre’s initial reviews are out, and most suggest it can challenge the iPhone with its QWERTY keyboard and a touch screen interface that finally matches the iPhone’s. Meanwhile, Apple is announcing a new iPhone on June 8 while Nokia is releasing the Nokia N97 mobile computer worldwide in June. In this post, let’s analyze the performance of the two leading mobile phone vendors, Nokia (NYSE:NOK) and Samsung (SEO:005930). >>>
The Palm Pre is set to launch this weekend, and the buzz I see around it is one of keen anticipation. The phone’s exclusive carrier is Sprint, which is no giant like AT&T but rather a flickering light whose only hope seems to be the Pre. Let’s take a closer look at Sprint’s recent performance as well as that of T-Mobile. >>>