There are days when price action in stocks provides more information than usual, all one has to do is to observe while leaving opinions at the door. Tuesday was one of those days. There were major announcements from BlackBerry as well as Nokia and Apple AAPL stock fell precipitously in the afternoon. There were
TechCrunch reports that Microsoft MSFT may spend $1 billion to buy Nook outright from Barnes & Noble NE. In the pre-market Barnes & Noble stock moved up as much as 30% and was still higher by nearly 20% on the day in the afternoon. Microsoft has an existing investment in Nook of about one-sixth of the
With Windows 8, Microsoft MSFT ignored the basic tenets of change management and paid the price. Now Microsoft is finally trying to correct the mistakes it made with Windows 8. In my analysis, the big drop in PC sales has been in part due to mistakes made by Microsoft in Windows 8. I
On Wednesday after the markets closed, Qualcomm QCOM reported earnings. Buried in Qualcomm’s results is bad news for Apple AAPL, BlackBerry and Nokia . Qualcomm owns intellectual property related to code division multiple access (CDMA). This technology is behind many of today’s wireless networks. Qualcomm also provides chip sets for mobile devices. Since Qualcomm licenses the technology
Quarterly earnings from Apple for the three months ended March 30 come out Tuesday after the market closes. Unlike in prior quarters, there is not a high probability scenario that can be laid out with any degree of confidence ahead of earnings. Acting on Apple stock ahead of earnings this
Apple became the largest company in the world by market capitalization on the strength of innovation in mobile phones. Fortunately for Apple, the last several years there has been a consumer trend to treat their phones as status symbols or fashion accessories. This kind of consumer behavior has also been
(CLICK HERE TO ENLARGE THE CHART) Consumers have voted with their wallets and now it is official that Windows 8 is a flop. The new data from IDC show the steepest decline for PCs in one quarter. Only 76.3 million PCs were shipped in the first quarter of 2013. This number is
This post was just published on ZYX Buy Change Alert. Consider taking profits on MSFT and exiting the position. The new data shows the steepest decline for PCs in one quarter. Only 76.3 million PCs were shipped in the first quarter of 2013. This number is down 13.9% from the same
Hon Hai Precision Industry Co Ltd., known to the stock trading world as Foxconn, is the main assembler of Apple products including iPhones and iPads. The Taiwanese company reported operating results for the first quarter of 2013 Wednesday, suggesting some softness in results may be in store when Apple reports quarterly results on
Ever since Apple announced that it would offer a streaming music service, there has not been much doubt that Apple would attempt to beat Internet radio heavyweight, Pandora. The thinking is that Apple will squeeze music labels to get better terms than Pandora. Such a scenario is certainly better for Apple, but