While Wall St. was fixated on Apple’s (AAPL) numbers and the health outlook for Steve Jobs, American Express (AXP) slipped through the side door with some frightening numbers. Apple’s earnings said something…
Share of large China-based PC company Lenovo were downgraded overnight. According to Reuters, "JP Morgan downgraded Lenovo to neutral from overweight due to a near-term slowdown in revenue growth from weak China…
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
Apple Inc. (NASDAQ: AAPL) just posted earnings of $1.19 EPS and $7.46 Billion in revenues. First Call had estimates of $1.08 EPS and $7.37 Billion in revenues. The company is guiding next…
Douglas A. McIntyre Apple Inc. (NASDAQ: AAPL) is going to be the key earnings for tech stock investors and traders today. Last week we pointed out that the stock was using its 200-day moving average…
Douglas A. McIntyre The cellular handset business may not be as bad off as some analysts suppose. Result from Korean electronics company LG, which operates at the high end of the market, were fairly strong.…
The PC industry’s race to create smaller and smaller computers to stave off competition from smart phones has begun to backfire. Intel (INTC) has started making tiny, energy-efficient chips to power the…
Apple may be the most extraordinary technology company of the last two decades. It has introduced three products: the Mac, which took years to become a financial success; the IPod, arguably the…
All the news from Apple (AAPL) is good. Recent Gartner and IDC data show the Mac outselling PC products from Dell (DELL) and HP (HPQ). The iPhone sold one million units in…
Investors holding Apple Inc. (NASDAQ; AAPL) and traders alike are all eagerly going to be waiting for Monday’s (July 21) earnings release after the close. We would warn you ahead that First…
Douglas A. McIntyre Nokia (NOK) had a stronger second quarter than most people expected. According to The Wall Street Journal, "Nokia said sales rose to €13.15 billion from €12.59 billion. Analysts expected sales of €12.86…
Several reputable firms measure global PC sales. According to The Wall Street Journal, "Gartner Inc. said world-wide PC shipments grew 16% in the period, with U.S. shipments growing 4.2%." On the face…
Sony (SNE) will add the ability to download and play movies as the latest service for its PS3 video console product. Several companies like Amazon (AMZN) and Apple (AAPL) began offering similar…
According to Bloomberg, GM (GM) will announce a major restructuring including moving more production to small cars. Reuters reports that regional bank stocks were hit hard by liquidity concerns. Reuters writes that…
According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market. "iPhone 3G had a stunning opening weekend," said…
Douglas A. McIntyre