Earnings season is in full swing and many traders’ favorite technology stocks are reporting this week.  We have compiled previews and added in color for traders on Apple Inc. (NASDAQ: AAPL), Juniper Networks, Inc. (NASDAQ: JNPR), Seagate Technology PLC (NASDAQ: STX), VMware, Inc. (NYSE: VMW), Yahoo! Inc. (NASDAQ: YHOO), EMC Corp. (NYSE: EMC), Baidu, Inc. (NASDAQ: BIDU), eBay Inc. (NASDAQ: EBAY), Netflix, Inc. (NASDAQ: N
FLX), QUALCOMM Incorporated (NASDAQ: QCOM), Western Digital Corp. (NYSE: WDC), Amazon.com Inc. (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT), and SanDisk Corp. (NASDAQ: SNDK).  All estimates are from Thomson Reuters.  As with most big tech earnings, it is much more than just the earnings reports to watch.  Some of the expectations are muted while others have a very high bar because of valuations,

Apple Inc. (NASDAQ: AAPL) is on deck this afternoon and Thomson Reuters has estimates of $3.11 EPS (vs. $2.01 EPS a year ago) and $14.75 billion in revenue.  Next quarter estimates are $3.82 EPS and $17.03 billion in revenues.  Shares are at $247.00 and the 52-week range is $149.75 to $279.01.  The closest-strike straddle would cost almost $24.00, so volatility buyers would need to see close to a 10% move up or down to be profitable on the trade.  Options trades appear braced for a move of $12.00 to $13.00 in either direction.

Juniper Networks, Inc. (NASDAQ: JNPR) is on deck Tuesday after the close and Thomson Reuters has estimates of $0.29 EPS (vs. $0.19 a year ago) and $953.59 million in revenue.  Next quarter estimates are $0.31 EPS and $993.3 million in revenues.  Shares are at $26.31 and the 52-week range is $22.25 to $32.16.  Traders here care about Juniper because they try to gleam into what it means for Cisco’s growth.  It is a “tail wagging the dog” comparison, but that is the way life goes in trading.

Seagate Technology PLC (NASDAQ: STX) is due today after the close.  Thomson Reuters has estimates of $0.77 EPS (vs. only $0.05 EPS a year ago) and $2.85 billion in revenue.  Next quarter estimates are $0.83 EPS and $3.06 billion in revenues.  Shares are at $14.16 and the 52-week range is $10.72 to $21.58.  Growth questions remain and the 1 Terabyte for about $100 is an issue here just like at rival Western Digital.  With forward P/E ratios of 5 to 6, the valuation assumes much of that risk already.

VMware, Inc. (NYSE: VMW) is due this afternoon as well.  Thomson Reuters has estimates of $0.32 EPS and $656.4 million in revenue.  Next quarter estimates are $0.32 EPS and $671.9 million in revenues.  Shares are at $70.00 and the 52-week range is $30.00 to $74.86.  As usual, it seems that a meet earnings and guiding in-line won’t do the trick of keeping everyone happy.  The virtualization leader has a $28.6 billion market cap but a tiny free float compared to its value.

Yahoo! Inc. (NASDAQ: YHOO) is on deck today after the close as well.  Thomson Reuters has estimates of $0.14 EPS (vs. $0.10 a year ago) and $1.16 billion in (ex-TAC) revenue.  Next quarter estimates are $0.16 EPS and $1.16 billion in revenues.  Shares are at $15.00 and the 52-week range is $13.75 to $19.12.  Carol Bartz continues to talk this up as an earnings story and an asset management story in the long turnaround here.  Despite the Microsoft search pact, the biggest criticism facing Yahoo! remains that the company is just not growing.  The slide-shows have also been attributed to some of the recapturing of search and pageviews data.