Early Friday Samsung issued a sales and earnings outlook for the second quarter of 2013. The Korean firm’s estimate for sales is 56 – 58 trillion won and the estimate for operating profits is 9.3 – 9.7 trillion won. These numbers represent an 18% increase in sales and 44% increase in operating
After carefully studying BlackBerry’s (BBRY) financial results released this morning and listening to the conference call, my conclusion is that the chances of BlackBerry being bought just dropped dramatically. A major support under BlackBerry shares has been the prospect of a buyout. Unless there is some new information, BlackBerry shares
This post was just published on ZYX Short Change Alert. It is expected that Apple will announce an internet radio service today at its World Wide Developer’s Conference (WWDC). It is not known if Apple’s product will resemble Pandora or Spotify. There is a substantial downside for P in the
Computex in Taipei, Taiwan, is one of the largest tech trade shows in the world with 1,700 exhibitors at this year’s get together where Intel INTC -0.43% (INTC) introduced many new innovations. One of them is a new line of Haswell processors to be used by Sony (SNE) to power its Vaio Pro for up to 25 hours without a
It appears the next big thing in smartphones is coming neither from Samsung nor Apple but from Google . Last week at All Things D, Dennis Woodside, CEO of Motorola, announced Moto X. Moto X may turn out to be the next big thing in smartphones because of the emphasis on making
The big three in gaming consoles are Sony ,Microsoft MSFT, and Nintendo. Both Microsoft and Sony have announced new next generation consoles after a long hiatus. PS4 is the new console from Sony and Xbox One is the new console from Microsoft. Advanced Micro Devices is the big winner. Its processor designs are
Samsung announced today that it has sold 10 million Galaxy S4 phones in the first month. This amounts to a rate of about four phones sold per second. JK Shin, CEO of the IT and Mobile Communications Division at Samsung, said, “On behalf of Samsung, I would like to thank
This post was just published on ZYX Short Change Alert. Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price. The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service
In the wake of Bernanke’s testimony before Congress and the release of Federal Open Market Committee (FOMC) meeting minutes, the U. S. stock market traced an ominous technical pattern. In traditional technical analysis, this pattern is known as an “outside day.” The outside day is visible on the chart of
Tim Cook’s testimony before the U.S. Senate Permanent Subcommittee on Investigation has given much publicity to Apple ’s ingenuity at avoiding taxes. Although Apple is in the limelight, it is not alone in using complex schemes to dodge taxes. The crème de la crème of American corporations including Google , Microsoft , Cisco, and IBM use similar schemes to dodge